NOT LISTED FOR SALE

4004 Ward Dr NE Unit 4030 Salem, OR 97305

Hayesville Neighborhood
4 Beds
2 Baths
5,412 Sq Ft
0.44 Acres

Last Sold October 21, 2019

Last sale price $654,500 $121 Per Sq Ft

50 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 1-Story Property
  • Property is near a bus stop

About This Home

As of October 2019

Excellent highly visible rental at Lancaster Dr NE & Ward Dr NE with high traffic count, on bus line w/ bus stop at corner. 3 units Section 8. Property mgr has occupied unit rents going to $835/mo. The 3 subsidized units on 10/1/19, & other 1 unit 9/1/19. 1st 2 turnover units in # of yrs are $895/mo. 4 units have fenced yards. Complex has rental laundry facility, & owner maintenance room w/ bathroom. Composition roof recently replaced.

Last Agent to Sell the Property

Jason Greene

Executive Real Estate License #780401711 Listed on: 06/17/2019

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Paved Parking
  • Assigned Parking

Home Design

  • Stem Wall Foundation
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Range

Additional Features

  • Property is near a bus stop
  • Electric Water Heater

Community Details

  • 6 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

6

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 5412
  • Stories: 1
  • Year Built: 1965
  • Property Condition: Existing
  • Remarks Public: Excellent highly visible rental at Lancaster Dr NE & Ward Dr NE with high traffic count, on bus line w/ bus stop at corner. 3 units Section 8. Property mgr has occupied unit rents going to $835/mo. The 3 subsidized units on 10/1/19, & other 1 unit 9/1/19. 1st 2 turnover units in # of yrs are $895/mo. 4 units have fenced yards. Complex has rental laundry facility, & owner maintenance room w/ bathroom. Composition roof recently replaced.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ACRES 0.44
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Lot Size: 15,000 to 19,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Stem Wall

Garage/Parking

  • Garage Or Parking Spaces: 6
  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Range, Refrigerator

Schools

  • Elementary School: Hayesville
  • Middle School: Stephens
  • High School: McKay

Lot Info

  • Lot Description: On Busline, Corner Lot, Level
  • Zoning: RM

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 5839.92
  • Assessor Parcel Number: R22373
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 12.32

MLS Schools

  • Elementary School: Hayesville
  • High School: McKay
  • Middle School: Stephens

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2019 10/21/19 Sold $654,500 -3.0% $121 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $675,000 -- $125 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19523789

Regional Multiple Listing Service (RMLS)

APN: 072W07BA07000