NOT LISTED FOR SALE

420 20th St SE Salem, OR 97301

Southeast Salem Neighborhood

Estimated Value: $520,000 - $629,445

2 Beds
4 Baths
3,294 Sq Ft
$171/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $640,000 $194 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,528/month

45 Days on Market

Highlights

  • Covered Deck
  • Wood Flooring
  • Landscaped
  • Territorial View
  • Shed
  • 3-minute walk to Mill Race Park

About This Home

As of December 2021

Amazing investment opportunity! Super cute vintage home built in 1906 near Willamette University & downtown Salem. Main level has hardwood floors, newer appliances, new ductless A/C & private garden beds w/ granite walking path. Basement level has newer flooring & newer appliances. 2 upper studios, one w/ deck access perfect for relaxing. Free onsite laundry room! All units are on separate electric meters. Tenant occupied. NO SHOWINGS. Visual inspection subject to accepted offer.

Last Agent to Sell the Property

Catherine Caldwell

HOMESMART REALTY GROUP License #201205996 Listed on: 08/23/2021

HOMESMART REALTY GROUP

Co-Listed By

BAILEY OLSON

HOMESMART REALTY GROUP License #201219430

Last Buyer's Agent

Nicole Shuba

MANOR REALTY License #200508130

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,093

Year Built

  • Built in 1906

Lot Details

  • 7,884 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 4 Bathrooms
  • 3,294 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Covered Deck
  • Shed

Location

  • Flood Zone Lot

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 1 / 18

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,093

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Dual Living: Yes
  • Range Facility: Electric
  • Syndicated Remarks: Amazing investment opportunity! Super cute vintage home built in 1906 near Willamette University & downtown Salem. Main level has hardwood floors, newer appliances, new ductless A/C & private garden beds w/ granite walking path. Basement level has newer flooring & newer appliances. 2 upper studios, one w/ deck access perfect for relaxing. Free onsite laundry room! All units are on separate electric meters. Tenant occupied. NO SHOWINGS. Visual inspection subject to accepted offer.
  • Cross Street: Mill
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl, Wood
  • Total Bathrooms: 4
  • Basement: Full, Finished
  • Dining Room: Area (Combination)
  • Laundry: Laundry Center
  • Price Per Sq Ft: 194.29
  • Price Per Sq Ft: 197.33

Exterior Features

  • Patio: Covered Deck, Deck
  • Exterior Color: Beige
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Irrigation System, Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Utilities

  • Heating: Electric, Forced Air
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Schools

  • Elementary School: Richmond
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.18
  • Estimated Lot Sq Ft: 7884
  • Flood Plain: Yes
  • Lot: 1
  • Lot Type: Dimension Above
  • Price Per Acre: 3611111.11
  • Zoning: RD
  • Property Use Type: Investment, Vacant/Owner-User
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R68465
  • Tax Account Number: R68465
  • Tax Amount: 4093

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Dec 15, 2021
Sold by
Lee Ronny Jason
Bought by
Stebbins Emily
Seller's Agent
Catherine Caldwell
HOMESMART REALTY GROUP
Buyer's Agent
Nicole Shuba
MANOR REALTY
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Current Estimated Value
$574,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,565
Avg. Annual Appreciation
-2.56%
Original Mortgage
$480,000
Outstanding Balance
$445,874
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$136,299

Purchase Details

Listed on
Mar 3, 2016
Closed on
May 4, 2016
Sold by
Wells Fargo Bank National Association
Bought by
Lee Ronny Jason
Seller's Agent
Mark Atkinson
MARK ATKINSON REAL ESTATE, INC
List Price
$250,000
Sold Price
$236,250
Premium/Discount to List
-$13,750
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.48%
Original Mortgage
$245,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2016
Sold by
Zeek Amanda Buckland
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Sep 29, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Mar 6, 2012
Sold by
Zeek Zachary
Bought by
Zeek Amanda Buckland

Purchase Details

Closed on
Dec 28, 2006
Sold by
Zeek Amanda Buckland
Bought by
Zeek Amanda Buckland and Zeek Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
6.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 1, 2005
Sold by
Taussig Frank J
Bought by
Zeek Amanda Buckland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.74%
Mortgage Type
Seller Take Back
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
Stebbins Emily $640,000 First American
Lee Ronny Jason $236,250 Servicelink
Nationstar Mortgage Llc $315,101 Nextitle
Wells Fargo Bank National Association -- Accommodation
Zeek Amanda Buckland -- None Available
Zeek Amanda Buckland -- Fidelity Natl Title Co Of Or
Zeek Amanda Buckland $121,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stebbins Emily $480,000
Previous Owner Lee Ronny Jason $299,796
Previous Owner Lee Ronny Jason $329,670
Previous Owner Lee Ronny Jason $245,000
Previous Owner Zeek Amanda Buckland $213,500
Previous Owner Zeek Amanda Buckland $30,500
Previous Owner Zeek Amanda Buckland $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $640,000 -1.5% $194 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $650,000 +175.1% $197 / Sq Ft
05/12/2016 05/12/16 Sold $236,250 -5.5% $72 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $250,000 -- $76 / Sq Ft
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 $4,601 $234,310 -- --
2023 $4,465 $227,490 $0 $0
2022 $4,340 $220,870 $0 $0
2021 $4,216 $214,440 $0 $0
2020 $4,093 $208,200 $0 $0
2019 $3,949 $202,140 $0 $0
2018 $3,899 $0 $0 $0
2017 $3,519 $0 $0 $0
2016 $3,352 $0 $0 $0
2015 $3,377 $0 $0 $0
2014 $3,268 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Catherine Caldwell

    Seller's Agent in 2021

    Catherine Caldwell

    HOMESMART REALTY GROUP

    (503) 999-5731

    3 in this area

    170 Total Sales

    Section Image

  • B

    Seller Co-Listing Agent in 2021

    BAILEY OLSON

    HOMESMART REALTY GROUP

    (503) 559-1597

    2 in this area

    103 Total Sales

    Section Image
  • Nicole Shuba

    Buyer's Agent in 2021

    Nicole Shuba

    MANOR REALTY

    (503) 949-6616

    2 in this area

    188 Total Sales

    Section Image

  • M

    Seller's Agent in 2016

    Mark Atkinson

    MARK ATKINSON REAL ESTATE, INC

    (503) 931-7172

    2 in this area

    20 Total Sales

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 782555

Willamette Valley MLS

APN: 568465

Oregon Marion County Salem 97301 Southeast Salem

420 20th St SE, Salem, OR

This home is located at 420 20th St SE, Salem, OR 97301 since 23 August 2021 and is currently estimated at $562,361, approximately $170 per square foot. This property was built in 1906. 420 20th St SE is a home located in Marion County with nearby schools including Richmond Elementary School, Leslie 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.

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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