NOT LISTED FOR SALE

425 36th Ave NE Unit 435 Salem, OR 97301

Northeast Salem Neighborhood

Estimated Value: $365,020 - $453,000

3 Beds
2 Baths
1,392 Sq Ft
$286/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $410,000 $295 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,415/month

7 Days on Market

Highlights

  • Patio
  • Partially Fenced Property
  • Carpet
  • High Speed Internet
  • Wood Siding
  • Electric Fireplace

About This Home

As of August 2022

Investment opportunity! Corner lot, single-level duplex. Nearly quarter acre lot w/private backyard space for each unit, and room for possible ADU. Close to amenities and I-5. 425 is a 2 bed 1 bath with a carport, 435 is 1 bed 1 bathwith a two-bay oversized garage/shop. Very well maintained with a new roof in 2009 and new windows in 2011.

Last Agent to Sell the Property

SCOTT MANNING

HOMESMART REALTY GROUP License #940500056 Listed on: 07/22/2022

HOMESMART REALTY GROUP

Last Buyer's Agent

Robbi Nyangoro

KELLER WILLIAMS REALTY PORTLAND PREMIERE License #201218070

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 1961

Lot Details

  • 9,147 Sq Ft Lot
  • Lot Dimensions are 136 x 67
  • Partially Fenced Property

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,392 Sq Ft Home
  • Electric Fireplace
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Wall Furnace
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 7 / 1

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $655
  • Water Sewer Expense $760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,280

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Electric
  • Syndicated Remarks: Investment opportunity! Corner lot, single-level duplex. Nearly quarter acre lot w/private backyard space for each unit, and room for possible ADU. Close to amenities and I-5. 425 is a 2 bed 1 bath with a carport, 435 is 1 bed 1 bath with a two-bay oversized garage/shop. Very well maintained with a new roof in 2009 and new windows in 2011.
  • Cross Street: Monroe Ave
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Electric
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 294.54
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 298.13

Exterior Features

  • Patio: Patio
  • Exterior Color: Green
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap

Utilities

  • Heating: Wall Furnace
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Insurance: 655
  • Sewer: City
  • Water/Sewer: 760

Schools

  • Elementary School: Auburn
  • Middle School: Houck
  • High School: North Salem

Lot Info

  • Acres: 0.21
  • Estimated Lot Dimensions: 136 x 67
  • Estimated Lot Sq Ft: 9147
  • Flood Plain: Unknown
  • Lot: 7
  • Price Per Acre: 1976190.48
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: 594640
  • Tax Amount: 2280

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 29, 2022
Sold by
Curtis Coe Robert
Bought by
Bay Christine and Howie Kyle
Seller's Agent
SCOTT MANNING
HOMESMART REALTY GROUP
Buyer's Agent
Robbi Nyangoro
KELLER WILLIAMS REALTY PORTLAND PREMIERE
List Price
$415,000
Sold Price
$410,000
Premium/Discount to List
-$5,000
-1.2%
Views
21
Current Estimated Value
$399,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,455
Avg. Annual Appreciation
-3.83%
Original Mortgage
$402,573
Outstanding Balance
$388,034
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
-$22,326

Purchase Details

Closed on
Aug 6, 2018
Sold by
Bray Cynthia J
Bought by
Freedom Mortgage Corporation
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
Bay Christine $410,000 --
Freedom Mortgage Corporation $159,499 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bay Christine $402,573
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $410,000 -1.2% $295 / Sq Ft
07/22/2022 07/22/22 For Sale $415,000 -- $298 / 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 $2,500 $140,490 -- --
2023 $2,367 $136,400 $0 $0
2022 $2,231 $132,430 $0 $0
2021 $2,211 $128,580 $0 $0
2020 $2,148 $124,840 $0 $0
2019 $2,163 $121,210 $0 $0
2018 $2,110 $0 $0 $0
2017 $1,673 $0 $0 $0
2016 $1,604 $0 $0 $0
2015 $1,586 $0 $0 $0
2014 $1,461 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 795731

Willamette Valley MLS

APN: 594640