NOT LISTED FOR SALE

4564 State St Unit 4568 Salem, OR 97301

Estimated Value: $459,000 - $569,000

3 Beds
3 Baths
2,820 Sq Ft
$190/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $525,000 $186 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,163/month

10 Days on Market

About This Home

As of May 2023

Owner Occupant or Investment Opportunity! Middle unit (#4566) has been completely renovated w/ new vinyl windows, flooring/carpet, butcher block counters, cabinets & appliances in kitchen, bath vanity & W/Dhookups. Solid history and well maintained. New roof & exterior paint in 2020. Secluded courtyard setting with ample parking. Seller pays Water/Sewer utility. Unit #4564 interior updates appx. 4 years ago. Write offers subject to viewing/approval of interior inspection. Do notdisturb tenants.

Last Agent to Sell the Property

Jordan Sparks

SMI Commercial Real Estate LLC License #200610098 Listed on: 04/17/2023

SMI Commercial Real Estate LLC

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,545

Year Built

  • Built in 1973

Lot Details

  • 7,841

Interior Spaces

  • 2,820 Sq Ft Home
  • 1-Story Property

Schools

  • Four Corners Elementary School
  • Houck Middle School
  • North Salem High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 547299

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,545

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1973
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Disclosures: Disclosure

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Four Corners
  • High School: North Salem
  • Middle Or Junior School: Houck

Lot Info

  • Zoning: RL
  • Parcel #: 547299

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 3545.28

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 24, 2023
Sold by
Bay Brandon
Bought by
Hill Cory and Sroujieh Laila Shiekh
Seller's Agent
Jordan Sparks
SMI Commercial Real Estate LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$529,900
Sold Price
$525,000
Premium/Discount to List
-$4,900
-0.92%
Views
74
Current Estimated Value
$535,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,461
Avg. Annual Appreciation
0.84%
Original Mortgage
$393,750
Outstanding Balance
$382,801
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$152,660

Purchase Details

Listed on
Apr 18, 2019
Closed on
Aug 5, 2019
Sold by
Burleson Steve and Burleson Linda
Bought by
Bay Brandon
Seller's Agent
Gabe Johansen
SMI Commercial Real Estate LLC
Buyer's Agent
Joel Gander
Gander Property Group
List Price
$380,000
Sold Price
$370,000
Premium/Discount to List
-$10,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$222,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 18, 2008
Sold by
Bcgl Developers Llc
Bought by
Burleson Steve and Burleson Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.07%
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
Hill Cory $525,000 Amerititle
Bay Brandon -- Ticor Title Company Of Or
Burleson Steve $240,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Cory $393,750
Previous Owner Bay Brandon $222,000
Previous Owner Burleson Steve $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold $525,000 -0.9% $186 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $529,900 +43.2% $188 / Sq Ft
08/09/2019 08/09/19 Sold $370,000 -2.6% $131 / Sq Ft View Prior Sale
07/17/2019 07/17/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $380,000 -- $135 / 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 $3,903 $219,360 -- --
2023 $3,641 $212,980 $0 $0
2022 $3,439 $206,780 $0 $0
2021 $3,408 $200,760 $0 $0
2020 $3,209 $194,920 $0 $0
2019 $3,234 $189,250 $0 $0
2018 $3,265 $0 $0 $0
2017 $2,597 $0 $0 $0
2016 $2,479 $0 $0 $0
2015 $2,452 $0 $0 $0
2014 $2,258 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jordan Sparks

    Seller's Agent in 2023

    Jordan Sparks

    SMI Commercial Real Estate LLC

    (541) 646-0650

    5 in this area

    86 Total Sales

    Section Image
  • Gabe Johansen

    Seller's Agent in 2019

    Gabe Johansen

    SMI Commercial Real Estate LLC

    (503) 851-0048

    1 in this area

    82 Total Sales

    Gabe Johansen
    Section Image
  • Joel Gander

    Buyer's Agent in 2019

    Joel Gander

    Gander Property Group

    (904) 563-6669

    3 in this area

    92 Total Sales

    Joel Gander
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23152908

Regional Multiple Listing Service (RMLS)

APN: 547299

Oregon Marion County Salem 97301

4564 State St Unit 4568, Salem, OR

This home is located at 4564 State St Unit 4568, Salem, OR 97301 since 17 April 2023 and is currently estimated at $535,461, approximately $189 per square foot. This property was built in 1973. 4564 State St Unit 4568 is a home located in Marion County with nearby schools including Four Corners Elementary School, Houck Middle School, and South Salem High School.

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