NOT LISTED FOR SALE

4703 Palomino Ct SE Unit 4707 Salem, OR 97317

Estimated Value: $446,649 - $617,000

2 Beds
3 Baths
2,304 Sq Ft
$220/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $435,000 $189 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,084/month

24 Days on Market

Highlights

  • Living Room with Fireplace
  • Cul-De-Sac
  • Board and Batten Siding
  • Fenced Yard
  • Patio
  • Landscaped

About This Home

As of April 2022

Back on market... Great investment opportunity in a convenient location with long term tenants. One 2-bed and two 1-bed. Each unit has private attached garage W/wash/dry hookups. Fully fenced backyard. Property has been maintained through the years, with a new roof in 2015. Convenient location with upside on rents. Owner pays, water, sewer, and trash, tenants pay all other utilities.

Last Agent to Sell the Property

SCOTT MANNING

HOMESMART REALTY GROUP License #940500056 Listed on: 03/08/2022

HOMESMART REALTY GROUP

Last Buyer's Agent

SCOTT MANNING

HOMESMART REALTY GROUP License #940500056 Listed on: 03/08/2022

HOMESMART REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,744

Year Built

  • Built in 1978

Lot Details

  • 9,583 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped

Home Design

  • Triplex
  • Composition Roof
  • Board and Batten Siding
  • Wood Siding

Interior Spaces

  • 3 Bathrooms
  • 2,304 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 9 / 4

Community Details

Overview

  • 3 Units

Building Details

  • Trash Expense $1,155
  • Water Sewer Expense $2,385

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,744

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Triplex
  • Range Facility: Electric
  • Syndicated Remarks: Back on market... Great investment opportunity in a convenient location with long term tenants. One 2-bed and two 1-bed. Each unit has private attached garage W/wash/dry hookups. Fully fenced backyard. Property has been maintained through the years, with a new roof in 2015. Convenient location with upside on rents. Owner pays, water, sewer, and trash, tenants pay all other utilities.
  • Cross Street: Rickey/Graham
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Fireplace: Living Room
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 3
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 188.8
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 188.8

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Board & Batt

Utilities

  • Heating: Gas, Forced Air
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Gas
  • Garbage: 1155
  • Sewer: City
  • Water/Sewer: 2385

Schools

  • Elementary School: Marion Miller
  • Middle School: Houck
  • High School: North Salem

Lot Info

  • Acres: 0.22
  • Estimated Lot Sq Ft: 9583
  • Flood Plain: Unknown
  • Lot: 9
  • Lot Type: Cul-De-Sac
  • Price Per Acre: 1977272.73
  • Zoning: RM
  • Geo Subdivision: OR

Multi Family

  • Gross Sched Income: 23400
  • Number Of Units: 3

Tax Info

  • Tax Account Number: 553765
  • Tax Amount: 3744

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Apr 11, 2022
Sold by
Jerry L & Janet K Groff Living Trust
Bought by
Youmans Tom
Seller's Agent
SCOTT MANNING
HOMESMART REALTY GROUP
Buyer's Agent
SCOTT MANNING
HOMESMART REALTY GROUP
List Price
$435,000
Sold Price
$435,000
Current Estimated Value
$507,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,162
Avg. Annual Appreciation
3.66%

Purchase Details

Closed on
Aug 14, 2020
Sold by
Groff Jerry
Bought by
Groff Jerry L and Groff Janet K

Purchase Details

Listed on
May 11, 2015
Closed on
Jun 30, 2015
Sold by
Jj & Mk Properties Llc
Bought by
Groff Jerry
List Price
$213,000
Sold Price
$213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Youmans Tom $435,000 Fidelity National Title
Groff Jerry L -- None Available
Groff Jerry $213,000 Fidelity Natl Title Co Of Or
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $435,000 0.0% $189 / Sq Ft
03/08/2022 03/08/22 For Sale $435,000 +104.2% $189 / Sq Ft
06/30/2015 06/30/15 Sold $213,000 0.0% $92 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $213,000 -- $92 / 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 $4,100 $236,040 -- --
2023 $3,880 $229,170 $0 $0
2022 $3,665 $222,500 $0 $0
2021 $3,632 $216,020 $0 $0
2020 $3,524 $209,730 $0 $0
2019 $3,551 $203,630 $0 $0
2018 $3,505 $0 $0 $0
2017 $2,813 $0 $0 $0
2016 $2,693 $0 $0 $0
2015 $2,664 $0 $0 $0
2014 $2,496 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 789490

Willamette Valley MLS

APN: 553765