NOT LISTED FOR SALE

460 20th St SE Unit 462 Salem, OR 97301

Southeast Salem Neighborhood

Estimated Value: $428,000 - $471,000

2 Beds
2 Baths
1,810 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $450,000 $249 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,607/month

10 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 3-minute walk to Mill Race Park
  • Baseboard Heating

About This Home

As of August 2024

Welcome to this charming duplex offering a blend of vintage character and modern updates in the heart of Salem, Oregon. Built in 1937, this well-maintained property features two units, each boasting 2 bedrooms and 1 bathroom, ideal for both personal residence and investment opportunities. As you enter, you'll be greeted by the timeless elegance of arched doorways, adding a touch of architectural interest to the space. The interior has been thoughtfully renovated with brand new LVT flooring and fresh interior paint, creating a bright and inviting atmosphere throughout.The kitchens and bathrooms have been tastefully upgraded with brand new tile backsplash, enhancing both style and functionality. Each unit offers a concrete front porch, perfect for enjoying morning coffee or evening relaxation.One of the standout features of this property is the spacious loft area in each unit, measuring an impressive 19 ft. by 17 ft., adorned with hardwood flooring. These versatile spaces can be utilized as additional living areas, home offices, or creative studios, offering endless possibilities to suit your lifestyle needs.Convenience is key with included appliances such as refrigerators, washers, dryers, and electric ranges, ensuring a seamless transition for occupants. Outside, the fully fenced backyards provide privacy and a safe space for outdoor activities and gatherings.

Last Agent to Sell the Property

Brian Fosnaugh

HomeSmart Realty Group License #970600078 Listed on: 06/19/2024

Last Buyer's Agent

Antonio Trejo

Tu Casa Corporation License #200002042

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,334

Year Built

  • Built in 1937

Lot Details

  • 4,791 Sq Ft Lot
  • Lot Dimensions are 48x100
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,810 Sq Ft Home
  • 2-Story Property

Schools

  • Richmond Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 568472

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,334

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1937
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Brick,Stucco
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Richmond
  • High School: South Salem
  • Middle Or Junior School: Leslie

Lot Info

  • Zoning: DRS
  • Lot Size Acres: 0.11
  • Lot Size: 48X100
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 568472

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 2334.22

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Jul 1, 2024
Sold by
Heath Greg Dean and Heath Olivia
Bought by
Coronado Yuriana Deyanira
Seller's Agent
Brian Fosnaugh
HomeSmart Realty Group
Buyer's Agent
Antonio Trejo
Tu Casa Corporation
List Price
$450,000
Sold Price
$450,000
Views
15
Current Estimated Value
$453,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,939
Avg. Annual Appreciation
-0.18%
Original Mortgage
$441,849
Outstanding Balance
$436,840
Interest Rate
6.86%
Mortgage Type
FHA
Estimated Equity
$12,246

Purchase Details

Listed on
Oct 17, 2022
Closed on
Nov 22, 2022
Sold by
Nancy Bantsari Trust
Bought by
Heath Greg Dean and Heath Olivia
Seller's Agent
Sharon Crauder-Munz
JOHN L. SCOTT-SALEM
List Price
$398,000
Sold Price
$398,000
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$298,500
Interest Rate
6.61%
Mortgage Type
New Conventional
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
Coronado Yuriana Deyanira $450,000 First American Title
Heath Greg Dean $398,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coronado Yuriana Deyanira $441,849
Previous Owner Heath Greg Dean $298,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $450,000 0.0% $249 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $450,000 +13.1% $249 / Sq Ft
12/28/2022 12/28/22 Sold $398,000 0.0% $221 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $398,000 -- $221 / 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 $2,405 $122,490 -- --
2023 $2,334 $118,930 $0 $0
2022 $2,201 $115,470 $0 $0
2021 $2,138 $112,110 $0 $0
2020 $2,140 $108,850 $0 $0
2019 $2,065 $105,680 $0 $0
2018 $2,038 $0 $0 $0
2017 $1,840 $0 $0 $0
2016 $1,752 $0 $0 $0
2015 $1,715 $0 $0 $0
2014 $1,565 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24007656

Regional Multiple Listing Service (RMLS)

APN: 568472