NOT LISTED FOR SALE

4177 Geranium Loop NE Salem, OR 97305

Hayesville Neighborhood

Estimated Value: $333,000 - $386,901

6 Beds
6 Baths
2,564 Sq Ft
$141/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $384,500 $150 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,185/month

31 Days on Market

Highlights

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

About This Home

As of May 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 due to 1 long term providing management. Both are month-to-month & all leases run through October 31, 2018. Nice enough for owner-occupied! Please respect tenants privacy & do not disturb.

Last Agent to Sell the Property

Troy Morris

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

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 2004

Lot Details

  • Level Lot
  • Flag Lot

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • 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

1

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 due to 1 long term providing management. Both are month-to-month & all leases run through October 31, 2018. Nice enough for owner-occupied! Please respect tenants privacy & do not disturb.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: GERANIUM MEADOWS NO. 2, LOT 44
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: Territorial
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 1
  • 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, Flag Lot
  • Zoning: RM2

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 2493.98
  • Assessor Parcel Number: R334593
  • Assessor Parcel Number 2: R334594

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 26.66

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2018
Closed on
May 10, 2018
Sold by
Burton Robert
Bought by
Xiang Jindai and Zhang Jingxin
Seller's Agent
Troy Morris
Excel Real Estate
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$409,900
Sold Price
$384,500
Premium/Discount to List
-$25,400
-6.2%
Current Estimated Value
$360,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,525
Avg. Annual Appreciation
-0.04%
Original Mortgage
$144,187
Outstanding Balance
$125,578
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$257,647

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
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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
Xiang Jindai $192,250 Fidelity Natl Title Co Of Or
Burton Robert $280,400 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiang Jindai $144,187
Previous Owner Burton Robert $142,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $384,500 -6.2% $150 / 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 $2,814 $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: 18409188

Regional Multiple Listing Service (RMLS)

APN: 334593