NOT LISTED FOR SALE

4053 (-4055) Campbell Dr SE Salem, OR 97317

Southeast Mill Creek Neighborhood

Estimated Value: $394,208 - $443,000

2 Beds
2 Baths
1,696 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $440,000 $259 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,582/month

3 Days on Market

Highlights

  • Territorial View
  • Level Lot
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of June 2023

Great opportunity for a low-maintenance investment property! Updated in 2018 with new vinyl windows, doors, flooring, furnaces and water heater, kitchen cabinets and appliances, fixtures, and interior and exterior paint. Two parking spaces per unit. Quick access to Highway 22 and I-5 and close to shopping. Large living rooms and private covered patios.

Last Agent to Sell the Property

ASHLEE MECHAM

Works Real Estate License #201214730 Listed on: 04/13/2023

Works Real Estate

Last Buyer's Agent

Teri Cravens

Knipe Realty ERA Powered License #960900084

Knipe Realty ERA Powered

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Level Lot

Parking

  • 4 Car Garage
  • Carport

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,696 Sq Ft Home
  • 1-Story Property
  • Territorial Views
  • Crawl Space

Schools

  • Miller Elementary School
  • Houck Middle School
  • North Salem High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 554275

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,228
  • Gross Income $13,800
  • Net Operating Income $8,572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,228

Year Built

Built in 1972 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1972
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Carport, Paved
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Miller
  • High School: North Salem
  • Middle Or Junior School: Houck

Lot Info

  • Zoning: RM2
  • Parcel #: 554275

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 3228.27

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 31.52
  • Annual Gross Income: 13800.0
  • Property Net Operating Income: 8572.0
  • Annual Operating Expense: 5228.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jun 14, 2023
Sold by
Felix Teddy
Bought by
Mcwhorter Antoinette Renee
Seller's Agent
ASHLEE MECHAM
Works Real Estate
Buyer's Agent
Teri Cravens
Knipe Realty ERA Powered
List Price
$435,000
Sold Price
$440,000
Premium/Discount to List
$5,000
1.15%
Views
2
Current Estimated Value
$421,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,448
Avg. Annual Appreciation
-0.30%
Original Mortgage
$432,030
Outstanding Balance
$422,744
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$14,376

Purchase Details

Closed on
Jun 19, 2018
Sold by
Lvi Custom Construction Llc
Bought by
Felix Teddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,488
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2017
Sold by
Bleakney Darlene and Bleakney Ronald
Bought by
Lvi Custom Construction Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Mcwhorter Antoinette Renee $440,000 Ticor Title
Felix Teddy $285,000 Amerititle
Lvi Custom Construction Llc $162,600 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcwhorter Antoinette Renee $16,061
Open Mcwhorter Antoinette Renee $432,030
Previous Owner Felix Teddy $267,719
Previous Owner Felix Teddy $275,488
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $440,000 +1.1% $259 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $435,000 -- $256 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,422 $174,280 -- --
2023 $3,321 $169,210 $0 $0
2022 $3,131 $164,290 $0 $0
2021 $3,042 $159,510 $0 $0
2020 $2,953 $154,870 $0 $0
2019 $2,850 $150,360 $0 $0
2018 $2,599 $0 $0 $0
2017 $2,346 $0 $0 $0
2016 $2,234 $0 $0 $0
2015 $2,251 $0 $0 $0
2014 $2,164 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • ASHLEE MECHAM

    Seller's Agent in 2023

    ASHLEE MECHAM

    Works Real Estate

    (503) 474-8006

    2 in this area

    70 Total Sales

    ASHLEE MECHAM
    Section Image

  • T

    Buyer's Agent in 2023

    Teri Cravens

    Knipe Realty ERA Powered

    (541) 610-7927

    1 in this area

    37 Total Sales

    Teri Cravens
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23190267

Regional Multiple Listing Service (RMLS)

APN: 554275

Oregon Marion County Salem 97317 Southeast Mill Creek

4053 (-4055) Campbell Dr SE, Salem, OR

This home is located at 4053 (-4055) Campbell Dr SE, Salem, OR 97317 since 13 April 2023 and is currently estimated at $421,552, approximately $248 per square foot. This property was built in 1972. 4053 (-4055) Campbell Dr SE is a home located in Marion County with nearby schools including Miller Elementary School, Houck Middle School, and North Salem High School.

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