NOT LISTED FOR SALE

4392 Tristen Ln NE Unit 4398 Salem, OR 97305

Hayesville Neighborhood

Estimated Value: $815,000 - $973,000

12 Beds
8 Baths
4,620 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $601,000 $130 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,346/month

4 Days on Market

Highlights

  • Territorial View
  • Zoned Heating
  • Washer and Dryer
  • Patio
  • Landscaped
  • High Speed Internet

About This Home

As of October 2019

Amazing opportunity to own a newer fourplex. All units are large with 3 bedrooms and 2 bathrooms. The units are individually metered and could be split off into SFR or condo (buyer to verify). Solid rents with room for increases.

Last Agent to Sell the Property

Steve Villmann

HOMESMART REALTY GROUP License #921200186 Listed on: 08/16/2019

Co-Listed By

Natasha Hayes

HOMESMART REALTY GROUP License #201218416

Last Buyer's Agent

JAKE BUCKENDORF

WINDERMERE PACIFIC WEST PROP License #200110066

WINDERMERE PACIFIC WEST PROP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,591

Year Built

  • Built in 2003

Lot Details

  • 9,396 Sq Ft Lot
  • Lot Dimensions are 78x123
  • Partially Fenced Property
  • Landscaped

Home Design

  • Quadruplex
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 4,620 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Tenant owned personal property
  • Tax Lot 1

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $984
  • Maintenance Expense $3,124
  • Trash Expense $1,344
  • Water Sewer Expense $2,400
  • Operating Expense $15,979
  • Net Operating Income $35,593

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,591

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Amazing opportunity to own a newer fourplex. All units are large with 3 bedrooms and 2 bathrooms. The units are individually metered and could be split off into SFR or condo (buyer to verify). Solid rents with room for increases.
  • Cross Street: Ward
  • Miscellaneous: 100
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Tenant owned personal property
  • Negotiable Inclusions: Seller owned appliances
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 8
  • Total Bedrooms: 12
  • Dining Room: Area (Combination)
  • Laundry: W/D Included
  • Price Per Sq Ft: 130.09
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 134.2

Exterior Features

  • Patio: Patio
  • Exterior Color: White
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding Style: Lap
  • View: Territorial

Utilities

  • Heating: Electric, Zonal
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Garbage: 1344
  • Insurance: 984
  • Sewer: City
  • Water/Sewer: 2400

Condo/Co-op/Association

  • Maintenance: 3124
  • Mgmt Acct: 2604

Schools

  • Elementary School: Yoshikai
  • Middle School: Adam Stephens
  • High School: McKay

Lot Info

  • Acres: 0.22
  • Estimated Lot Dimensions: 78X123
  • Estimated Lot Sq Ft: 9396
  • Flood Plain: Unknown
  • Lot: 1
  • Lot Type: Dimension Above
  • Price Per Acre: 2818181.82
  • Zoning: RM
  • Property Use Type: Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 15979

Multi Family

  • Additional Land Available: 51572
  • Net Income: 35593
  • Gross Sched Income: 52080
  • Unit Types: Town Home
  • Number Of Units: 4

Tax Info

  • Tax Account Number: R22360
  • Tax Amount: 5591

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2023
Sold by
Bailey Ridge Home Llc
Bought by
Perez Julio Cesar Lara and Vazquez Yeny Lagos
Current Estimated Value
$904,999

Purchase Details

Closed on
Jan 14, 2020
Sold by
Bastola Nirmal and Pathak Rishi Ram
Bought by
Bailey Ridge Home Llc

Purchase Details

Closed on
Feb 20, 2008
Sold by
Mountain Living Llc
Bought by
Jacobsen Charles H and Jacobsen Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2006
Sold by
Reddick Marshall E
Bought by
Mountain Living Llc

Purchase Details

Closed on
Jun 10, 2004
Sold by
Barnes Michael R
Bought by
Reddick Marshall E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,300
Interest Rate
6.09%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 22, 2002
Sold by
Johnson Michael P and Mattison Teressa
Bought by
Gonzalez Angelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
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
Perez Julio Cesar Lara $895,000 Fidelity National Title
Bailey Ridge Home Llc -- None Available
Jacobsen Charles H $310,000 First American
Mountain Living Llc -- None Available
Reddick Marshall E $339,000 Fidelity Natl Title Co Of Or
Gonzalez Angelia $147,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacobsen Charles H $232,500
Previous Owner Reddick Marshall E $237,300
Previous Owner Gonzalez Angelia $117,600
Closed Gonzalez Angelia $29,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Sold $601,000 -3.1% $130 / Sq Ft
08/16/2019 08/16/19 For Sale $620,000 -- $134 / 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 $6,579 $388,960 -- --
2023 $6,231 $377,640 $0 $0
2022 $5,882 $366,650 $0 $0
2021 $5,828 $355,980 $0 $0
2020 $5,477 $345,620 $0 $0
2019 $5,522 $335,560 $0 $0
2018 $5,591 $0 $0 $0
2017 $4,564 $0 $0 $0
2016 $4,227 $0 $0 $0
2015 $4,219 $0 $0 $0
2014 $3,883 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Steve Villmann

    HOMESMART REALTY GROUP

  • Natasha Hayes

    Seller Co-Listing Agent in 2019

    Natasha Hayes

    HOMESMART REALTY GROUP

    (503) 999-8222

    10 in this area

    141 Total Sales

    Natasha Hayes
    Section Image
  • JAKE BUCKENDORF

    Buyer's Agent in 2019

    JAKE BUCKENDORF

    WINDERMERE PACIFIC WEST PROP

    (503) 371-5155

    1 in this area

    66 Total Sales

    JAKE BUCKENDORF
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 753781

Willamette Valley MLS

APN: 522360

Oregon Marion County Salem 97305 Hayesville

4392 Tristen Ln NE Unit 4398, Salem, OR

This home is located at 4392 Tristen Ln NE Unit 4398, Salem, OR 97305 since 16 August 2019 and is currently estimated at $904,999, approximately $195 per square foot. This property was built in 2003. 4392 Tristen Ln NE Unit 4398 is a home located in Marion County with nearby schools including Yoshikai Elementary School, Stephens Middle School, and McKay 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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