NOT LISTED FOR SALE

4120 Kurth St S Salem, OR 97302

Sunnyslope Neighborhood

Estimated Value: $803,000

1.52 Acres
$528,289 Price per Acre
66,211 Sq Ft Lot

Last Sold September 13, 2023

Last sale price $800,000

Current estimated payment $4,821/month

31 Days on Market

Highlights

  • 1.52 Acre Lot
  • Territorial View
  • High Speed Internet

About This Lot

As of September 2023

Middle housing development opportunity in a great South Salem neighborhood. Combined two parcels APN 593359 & 593361 for a total of 1.52 Acres. Preliminary plans for 6-lot subdivision ranging in sized from 7,008-11,036 SF with (5) 4-plex's & (4) single-unit cottages. Land use decision is complete, home has been demolished, and land is ready to develop. SDC credits available from the city for a total of approx $180,000 dependent on final plans.

Last Agent to Sell the Property

James Hauge

LEGACY REAL ESTATE License #200107093 Listed on: 05/08/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,602

Lot Details

  • 1.52

Schools

  • Salem Heights Elementary School
  • Crossler Middle School
  • Sprague High School

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Territorial Views
  • 1.52 Acre Lot

Community Details

  • Sunnyside Fruit Farm Subdivision

Listing and Financial Details

  • Tax Lot 6

Property Details

Property Type

Land

Est. Annual Taxes

$4,602

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: Middle housing development opportunity in a great South Salem neighborhood. Combined two parcels APN 593359 & 593361 for a total of 1.52 Acres. Preliminary plans for 6-lot subdivision ranging in sized from 7,008-11,036 SF with (5) 4-plex's & (4) single-unit cottages. Land use decision is complete, home has been demolished, and land is ready to develop. SDC credits available from the city for a total of approx $180,000 dependent on final plans.
  • Cross Street: Browning Ave S
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 526315.79
  • Price Per Sq Ft: 12.08

Exterior Features

  • View: Territorial
  • Access: Paved

Utilities

  • Water: City
  • Cable TV: Available
  • Electricity: Available
  • High Speed Communications: Available
  • Sewer Available: Yes
  • Telephone: Available

Schools

  • Elementary School: Salem Heights
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 1.52
  • Estimated Lot Sq Ft: 66211
  • Lot: 6
  • Lot Type: Dimension Above
  • Price Per Acre: 526315.79
  • Approved for Manufactured Home: Unknown
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2022
  • Tax Account Number: 593359 & 593361
  • Tax Amount: 4602

MLS Schools

  • HighSchool: Sprague
  • Middle School: Crossler
  • Elementary School: Salem Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Sep 12, 2023
Sold by
Mmh Llc
Bought by
Lnc Development Llc
Seller's Agent
James Hauge
LEGACY REAL ESTATE
List Price
$800,000
Sold Price
$800,000
Views
36
Current Estimated Value
$803,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,000
Avg. Annual Appreciation
-48.35%
Original Mortgage
$750,000
Interest Rate
6.9%

Purchase Details

Closed on
Jan 20, 2022
Sold by
Jpre Llc
Bought by
Mmh Llc

Purchase Details

Closed on
Aug 27, 2019
Sold by
Horizons Property Development Llc
Bought by
Jpre Llc

Purchase Details

Closed on
Jul 12, 2007
Sold by
So Salem Care Center Llc
Bought by
Kurth Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,813,750
Interest Rate
6.41%
Mortgage Type
Commercial
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
Lnc Development Llc $800,000 Fidelity National Title
Mmh Llc $400,000 None Listed On Document
Jpre Llc $200,000 Fidelity National Title
Kurth Properties Llc $940,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lnc Development Llc $2,945,475
Closed Lnc Development Llc $1,455,000
Closed Lnc Development Llc $750,000
Closed Lnc Development Llc $2,090,000
Previous Owner Kurth Properties Llc $7,813,750
Previous Owner South Salem Care Center Llc $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $800,000 0.0% --
05/08/2023 05/08/23 For Sale $800,000 -- --
Source: Willamette Valley MLS

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 $4,637 $242,350 $242,350 --
2023 $3,604 $188,180 $188,180 $0
2022 $3,494 $188,180 $0 $0
2021 $3,496 $188,180 $0 $0
2020 $4,943 $266,170 $0 $0
2019 $4,250 $230,320 $0 $0
2018 $11,015 $0 $0 $0
2017 $9,904 $0 $0 $0
2016 $9,674 $0 $0 $0
2015 $9,955 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Hauge

    Seller's Agent in 2023

    James Hauge

    LEGACY REAL ESTATE

    (503) 877-2101

    5 in this area

    115 Total Sales

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Map

Source: Willamette Valley MLS

MLS Number: 804659

Willamette Valley MLS

APN: 593359

Oregon Marion County Salem 97302 Sunnyslope

4120 Kurth St S, Salem, OR

This home is located at 4120 Kurth St S, Salem, OR 97302 since 08 May 2023 and is currently estimated at $803,000. 4120 Kurth St S is a home located in Marion County with nearby schools including Salem Heights Elementary School, Crossler Middle School, and Sprague 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.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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