NOT LISTED FOR SALE

4167 Geranium Loop NE Salem, OR 97305

Hayesville Neighborhood

Estimated Value: $354,000 - $606,118

6 Beds
6 Baths
2,564 Sq Ft
$193/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $378,000 $147 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,896/month

31 Days on Market

Highlights

  • Attached Garage
  • Parking Storage or Cabinetry
  • Lap Siding
  • Views
  • Level Lot

About This Home

As of April 2018

Great Opportunity! Sale of 2 legal zero lot line units which can allow for buyer to sell them separately in future! Both units have a open floor plan with generous master suites w/walk-ins. Units have fenced yards w/UGSS. Below market rents. Both are month-to-month & all leases run through October 31, 2018. Nice enough for owner-occupied! Please respect tenants privacy & do not disturb. Write all offers subject to viewing. Thank you.

Last Agent to Sell the Property

Troy Morris

Excel Real Estate License #900600312 Listed on: 02/24/2018

Last Buyer's Agent

Jared Hambrook

Legacy Real Estate License #201211534

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 2004

Lot Details

  • Level Lot

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Lap Siding
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,260

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2564
  • Stories: 2
  • Year Built: 2004
  • Property Condition: Approximately
  • Remarks Public: Great Opportunity! Sale of 2 legal zero lot line units which can allow for buyer to sell them separately in future! Both units have a open floor plan with generous master suites w/walk-ins. Units have fenced yards w/UGSS. Below market rents. Both are month-to-month & all leases run through October 31, 2018. Nice enough for owner-occupied! Please respect tenants privacy & do not disturb. Write all offers subject to viewing. Thank you.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: GERANIUM MEADOWS NO. 2, LOT 40
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Lap Siding, Cement Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • View: City, Territorial
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Refrigerator

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: RM2

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 2493.98
  • Assessor Parcel Number: R334589,R334590

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.01

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
Straustin Susan M
Bought by
Thompson Russ
Current Estimated Value
$495,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,900
Outstanding Balance
$211,982
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$223,200

Purchase Details

Listed on
Feb 24, 2018
Closed on
Apr 25, 2018
Sold by
Burton Robert
Bought by
Strauslin Susan M
Seller's Agent
Troy Morris
Excel Real Estate
Buyer's Agent
Jared Hambrook
Legacy Real Estate
List Price
$409,900
Sold Price
$378,000
Premium/Discount to List
-$31,900
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.91%

Purchase Details

Closed on
Jul 18, 2005
Sold by
Homes Hand Crafted Inc
Bought by
Burton Robert and Burton Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,900
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac
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
Thompson Russ $580,000 Ticor Title
Strauslin Susan M $378,000 Ticor Title
Burton Robert $279,900 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Russ $225,900
Previous Owner Burton Robert $142,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $378,000 -7.8% $147 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $409,900 -- $160 / 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 $3,260 $166,050 -- --
2023 $3,164 $161,220 $0 $0
2022 $2,984 $156,530 $0 $0
2021 $2,898 $151,980 $0 $0
2020 $2,901 $147,560 $0 $0
2019 $2,715 $143,270 $0 $0
2018 $2,763 $0 $0 $0
2017 $2,494 $0 $0 $0
2016 $2,376 $0 $0 $0
2015 $2,394 $0 $0 $0
2014 $2,309 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18039813

Regional Multiple Listing Service (RMLS)

APN: 334589