NOT LISTED FOR SALE

408 49th Ave SE Unit 418 Salem, OR 97317

Estimated Value: $416,000 - $474,000

6 Beds
2 Baths
2,098 Sq Ft
$209/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $306,000 $146 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,651/month

2 Days on Market

Highlights

  • Attached Garage
  • Storage
  • Wood Siding
  • Views
  • Level Lot
  • 1-Story Property

About This Home

As of September 2018

Solid income producing duplex in SE Salem. Conveniently located to shopping, schools and commuting. Each unit 3/1 with garage and new exterior paint 2018.

Last Agent to Sell the Property

Brenda Schamp

Northwest Investor Realty License #200711198 Listed on: 07/23/2018

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,280

Year Built

  • Built in 1976

Lot Details

  • 6,970

Parking

  • Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Storage
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,280

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2098
  • Stories: 1
  • Year Built: 1976
  • Property Condition: Approximately
  • Remarks Public: Solid income producing duplex in SE Salem. Conveniently located to shopping, schools and commuting. Each unit 3/1 with garage and new exterior paint 2018.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SANTANA VILLAGE PHASE 3, BLOCK 30, LOT 5 & 6, ACRES 0.115
  • Basement: Crawl Space
  • Storage: Attached, Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • View: Territorial
  • View: Yes

Garage/Parking

  • Parking Description: Attached

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Washer/Dryer Hookup

Schools

  • Elementary School: Eyre
  • Middle School: Houck
  • High School: North Salem

Lot Info

  • Lot Description: Level
  • Zoning: RS

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 2282.14
  • Assessor Parcel Number: R59689
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Eyre
  • High School: North Salem
  • Middle School: Houck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Sep 7, 2018
Sold by
Fritzke Mark A and Fritzke Dean B
Bought by
Miller Wilhemina Suzanna
Seller's Agent
Brenda Schamp
Northwest Investor Realty
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$289,900
Sold Price
$306,000
Premium/Discount to List
$16,100
5.55%
Current Estimated Value
$434,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,372
Avg. Annual Appreciation
4.97%
Original Mortgage
$210,000
Outstanding Balance
$175,550
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$252,306
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Miller Wilhemina Suzanna -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Wilhemina Suzanna $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $306,000 +5.6% $146 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $289,900 -- $138 / 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 $3,280 $191,510 -- --
2023 $3,107 $185,940 $0 $0
2022 $2,927 $180,530 $0 $0
2021 $2,900 $175,280 $0 $0
2020 $2,811 $170,180 $0 $0
2019 $2,748 $165,230 $0 $0
2018 $2,789 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda Schamp

    Seller's Agent in 2018

    Brenda Schamp

    Northwest Investor Realty

    (541) 223-8258

    3 in this area

    36 Total Sales

    Section Image

  • O

    Buyer's Agent in 2018

    OR and WA Non Rmls

    Non Rmls Broker

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18272148

Regional Multiple Listing Service (RMLS)

APN: 559689

Oregon Marion County Salem 97317

408 49th Ave SE Unit 418, Salem, OR

This home is located at 408 49th Ave SE Unit 418, Salem, OR 97317 since 23 July 2018 and is currently estimated at $437,539, approximately $208 per square foot. This property was built in 1976. 408 49th Ave SE Unit 418 is a home located in Marion County with nearby schools including Eyre Elementary School, Houck Middle School, and South Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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