NOT LISTED FOR SALE

4189 Geranium Loop NE Salem, OR 97305

Hayesville Neighborhood

Estimated Value: $380,187 - $617,000

3 Beds
3 Baths
1,316 Sq Ft
$362/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $597,000 $454 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $2,729/month

6 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Lap Siding

About This Home

As of November 2024

4189 & 4185 Geranium Loop. Great investment opportunity - two townhouse units each with 3 bedroom and 2 1/2 bath. Large bedrooms including walk-in closets! Attached single car garages for each unit. Ample parking opportunity in the driveway and on street parking allowed. Backyards are fenced, front & backyard are both landscaped. These duplexes could also be sold as 2 separate zero lot line units! UGS front & back. Long term rental history, tenants would like to stay. Great location, close to bus route, Chemeketa Comm College, Shopping and easy I-5 access. 48 hour notice for showings. Units can be sold seperately:RMLS 24303875 & 24629843

Last Agent to Sell the Property

GINA AUDRITSH

Hallmark Properties, Inc. Brokerage Email: info@hpihomes.com License #981000060 Listed on: 10/04/2024

Last Buyer's Agent

Kirsten Kaufman

MORE Realty License #200508284

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,186

Year Built

  • Built in 2004

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30x90
  • Sloped Lot

Parking

  • 1 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,316 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Hammond Elementary School
  • Stephens Middle School
  • Mckay High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 334596

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Property managed by Crown Management

Building Details

  • Operating Expense $9,480
  • Gross Income $44,400
  • Net Operating Income $34,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,186

Year Built

Built in 2004

Lot Details

3,049 Sq Ft Lot

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2004
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 597000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: PublicRoad, Sloped
  • Road Surface Type: Concrete
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Management Name: Crown Management
  • Association: No

Schools

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

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.07
  • Lot Size: 30x90
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 334596

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3185.85
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.85
  • Annual Gross Income: 44400.0
  • Property Net Operating Income: 34920.0
  • Annual Operating Expense: 9480.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2023
Sold by
1995 David M Krieger and 1995 Carolee K
Bought by
Krieger Properties Salem Llc
Current Estimated Value
$477,047

Purchase Details

Closed on
Jun 1, 2005
Sold by
Silverwood Development Co
Bought by
Krieger David M and Krieger Carolee K

Purchase Details

Closed on
May 3, 2005
Sold by
Tran Co
Bought by
Silverwood Development Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Krieger Properties Salem Llc -- None Listed On Document
Krieger David M $137,500 Ticor Title
Silverwood Development Co $75,000 Ticor Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $597,000 -9.4% $454 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $659,000 -- $501 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2025 $3,282 $172,190 -- --
2024 $3,282 $167,180 -- --
2023 $3,186 $162,320 $0 $0
2022 $3,004 $157,600 $0 $0
2021 $2,918 $153,010 $0 $0
2020 $2,833 $148,560 $0 $0
2019 $2,734 $144,240 $0 $0
2018 $2,782 $0 $0 $0
2017 $2,511 $0 $0 $0
2016 $2,392 $0 $0 $0
2015 $2,410 $0 $0 $0
2014 $2,327 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • GINA AUDRITSH

    Seller's Agent in 2024

    GINA AUDRITSH

    Hallmark Properties, Inc.

    (503) 951-2344

    5 in this area

    192 Total Sales

    GINA AUDRITSH
    Section Image
  • Kirsten Kaufman

    Buyer's Agent in 2024

    Kirsten Kaufman

    MORE Realty

    (503) 233-9513

    2 in this area

    25 Total Sales

    Kirsten Kaufman
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24447992

Regional Multiple Listing Service (RMLS)

APN: 334596

Oregon Marion County Salem 97305 Hayesville

4189 Geranium Loop NE, Salem, OR

Not Listed for Sale

MultiFamily

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