NOT LISTED FOR SALE

455 18th St NE Unit 457 Salem, OR 97301

Northeast Neighbors Neighborhood

Estimated Value: $377,000 - $457,000

4 Beds
2 Baths
1,896 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $170,000 $90 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,597/month

90 Days on Market

About This Home

As of October 2015

Charming duplex located close-in Salem, less than a mile from downtown. Quality units, longer term tenants with a garage and beautiful flowers in front of the duplex. Quiet side street, this duplex is a great place to live for tenants or an owner/occupier.

Last Agent to Sell the Property

Bernard Gehret

Joseph Bernard LLC License #200009029 Listed on: 05/26/2015

Joseph Bernard LLC

Last Buyer's Agent

Denise Hoffman

Coldwell Banker Professional License #200404091

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,490

Year Built

  • Built in 1961

Lot Details

  • 7,841

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,490

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1896
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: OAK LAWN PARK ADD SALEM LOT 18

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Lot Info

  • Zoning: RM

Tax Info

  • Tax Amount: 2479.36
  • Assessor Parcel Number: R85030

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2015
Closed on
Oct 28, 2015
Sold by
Schumacher Chris M
Bought by
Schmidt Stephanie M and Krise Thomas P
Seller's Agent
Bernard Gehret
Joseph Bernard LLC
Buyer's Agent
Denise Hoffman
Coldwell Banker Professional
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Total Days on Market
90
Current Estimated Value
$410,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,690
Avg. Annual Appreciation
9.10%
Original Mortgage
$105,000
Outstanding Balance
$84,816
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$307,286

Purchase Details

Closed on
Dec 5, 2014
Sold by
Mcgee William Henry and Ryder Gail Ruth
Bought by
Schumacher Chris M

Purchase Details

Closed on
Mar 11, 2005
Sold by
Ryder Gail Culp and Culp Curtis E
Bought by
Ryder Gail Culp
Source: Public Records

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Range of Values:

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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
Schmidt Stephanie M -- Amerititle
Schumacher Chris M $135,000 Fidelity National Title Co
Mcgee William Henry -- Fidelity National Title Co
Ryder Gail Culp -- --
Ryder Gail Culp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Stephanie M $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2015 10/29/15 Sold $170,000 -2.9% $90 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $175,000 -- $92 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $3,490 $177,740 -- --
2023 $3,387 $172,570 $0 $0
2022 $3,194 $167,550 $0 $0
2021 $3,102 $162,670 $0 $0
2020 $3,012 $157,940 $0 $0
2019 $2,906 $153,340 $0 $0
2018 $2,958 $0 $0 $0
2017 $2,669 $0 $0 $0
2016 $2,543 $0 $0 $0
2015 $2,562 $0 $0 $0
2014 $2,479 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bernard Gehret

    Seller's Agent in 2015

    Bernard Gehret

    Joseph Bernard LLC

    (503) 546-9390

    12 Total Sales

    Section Image

  • D

    Buyer's Agent in 2015

    Denise Hoffman

    Coldwell Banker Professional

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15179117

Regional Multiple Listing Service (RMLS)

APN: 585030

Oregon Marion County Salem 97301 Northeast Neighbors

455 18th St NE Unit 457, Salem, OR

This home is located at 455 18th St NE Unit 457, Salem, OR 97301 since 26 May 2015 and is currently estimated at $410,690, approximately $216 per square foot. This property was built in 1961. 455 18th St NE Unit 457 is a home located in Marion County with nearby schools including Englewood Elementary School, Parrish Middle School, and North Salem High School.

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