NOT LISTED FOR SALE

4396 Wheat Ave NE Unit 4398 Salem, OR 97305

Estimated Value: $495,462 - $523,000

4 Beds
4 Baths
2,266 Sq Ft
$224/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $325,000 $143 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,135/month

13 Days on Market

Highlights

  • Fenced Yard
  • Landscaped
  • Dining Area
  • Patio
  • High Speed Internet
  • 3-minute walk to Hoodview Park

About This Home

As of March 2018

Hard to find single level duplex with attached garages. Attractive finishes, well maintained and on a quiet street within steps of newer neighborhood park. Very east to rent and maintain long-term tenants.

Last Agent to Sell the Property

Chet Graham

REALTY FIRST LLC License #910800166 Listed on: 02/09/2018

Co-Listed By

The Graham's at Realty First

WORKS REAL ESTATE License #201108014

Last Buyer's Agent

Bryan Rehnberg

PREMIERE PROPERTY GROUP, LLC ALBANY License #201209418

PREMIERE PROPERTY GROUP, LLC ALBANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,058

Year Built

  • Built in 1998

Lot Details

  • 8,058 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 2,266 Sq Ft Home
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Patio
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 33

Community Details

Overview

  • 2 Units

Building Details

  • Trash Expense $25
  • Water Sewer Expense $100
  • Operating Expense $8,018
  • Net Operating Income $18,982

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,058

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Yes
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Hard to find single level duplex with attached garages. Attractive finishes, well maintained and on a quiet street within steps of newer neighborhood park. Very east to rent and maintain long-term tenants.
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: Appliances not Tenant Owned
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 143.42
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 143.42

Exterior Features

  • Patio: Patio
  • Exterior Color: Tan
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition, Shingle
  • Siding: Vinyl
  • Siding Style: Lap

Utilities

  • High Speed Comm Access: Available
  • Water: Connected, City
  • Garbage: 25
  • Sewer: City
  • Water/Sewer: 100

Condo/Co-op/Association

  • Mgmt Acct: 180

Lot Info

  • Acres: 0.18
  • Estimated Lot Sq Ft: 8058
  • Lot: 33
  • Lot Type: Irregular
  • Price Per Acre: 1805555.56
  • Zoning: RS
  • Property Use Type: Investment

Rental Info

  • Total Expenses: 8018

Multi Family

  • Net Income: 18982
  • Gross Sched Income: 27000
  • Unit Types: Flat
  • Number Of Units: 2

Tax Info

  • Tax Account Number: R779354
  • Tax Amount: 4058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Mar 15, 2018
Sold by
Swan Corbin and Swan Corbin Ace Nathaniel
Bought by
Barnett Richard and Barnett Janelle
Seller's Agent
Chet Graham
REALTY FIRST LLC
Buyer's Agent
Bryan Rehnberg
PREMIERE PROPERTY GROUP, LLC ALBANY
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$507,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,866
Avg. Annual Appreciation
6.38%

Purchase Details

Closed on
Jan 13, 2011
Sold by
Swan Kaylan Alyssa Lewis
Bought by
Swan Corbin Ace Nathaniel

Purchase Details

Closed on
Jun 3, 2008
Sold by
Abbott Ralph E and Abbott Bonnie J
Bought by
Swan Corbin and Lewis Kaylan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2005
Sold by
Abbott Ralph and Abbott Bonnie J
Bought by
Abbott Ralph E and Abbott Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2005
Sold by
Tran Co
Bought by
Abbott Ralph E and Abbott Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Barnett Richard $320,000 First American Title
Swan Corbin Ace Nathaniel -- None Available
Swan Corbin $242,500 Fidelity Natl Title Co Of Or
Abbott Ralph E -- Amerititle
Abbott Ralph E -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swan Corbin $228,000
Previous Owner Abbott Ralph E $176,250
Closed Abbott Ralph E $35,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $325,000 0.0% $143 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $325,000 0.0% $143 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $325,000 -- $143 / 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 $5,306 $270,220 -- --
2023 $5,149 $262,350 $0 $0
2022 $4,855 $254,710 $0 $0
2021 $4,716 $247,300 $0 $0
2020 $4,579 $240,100 $0 $0
2019 $4,418 $233,110 $0 $0
2018 $4,496 $0 $0 $0
2017 $4,058 $0 $0 $0
2016 $3,865 $0 $0 $0
2015 $3,894 $0 $0 $0
2014 $3,595 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chet Graham

    Seller's Agent in 2018

    Chet Graham

    REALTY FIRST LLC

    (503) 999-9082

    199 Total Sales

    Chet Graham
    Section Image
  • Bryan Rehnberg

    Buyer's Agent in 2018

    Bryan Rehnberg

    PREMIERE PROPERTY GROUP, LLC ALBANY

    (541) 619-1449

    150 Total Sales

    Bryan Rehnberg
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 729169

Willamette Valley MLS

APN: 579354

Oregon Marion County Salem 97305

4396 Wheat Ave NE Unit 4398, Salem, OR

This home is located at 4396 Wheat Ave NE Unit 4398, Salem, OR 97305 since 09 February 2018 and is currently estimated at $507,866, approximately $224 per square foot. This property was built in 1998. 4396 Wheat Ave NE Unit 4398 is a home located in Marion County with nearby schools including Hammond 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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