This home is located at 475 18th St SE, Salem, OR 97301 since 21 November 2012 and is currently estimated at $388,613, approximately $187 per square foot. This property was built in 1900. 475 18th St SE is a home located in Marion County with nearby schools including Richmond Elementary School, Leslie Middle School, and South Salem High School.
WINDERMERE MID VALLEYLicense #200605003Listed on: 11/21/2012
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$1,519
Year Built
Built in 1900
Lot Details
6,000 Sq Ft Lot
Fenced Yard
Landscaped
Irregular Lot
Parking
RV Access or Parking
Home Design
Duplex
Composition Roof
Vinyl Siding
Interior Spaces
2,070 Sq Ft Home
Dining Area
Built-In Range
Flooring
Carpet
Laminate
Vinyl
Bedrooms and Bathrooms
5 Bedrooms
3 Bathrooms
Outdoor Features
Deck
Covered patio or porch
Shop
Utilities
Forced Air Heating System
Electric Water Heater
High Speed Internet
Listing and Financial Details
Tax Block 15
Community Details
Building Details
Insurance Expense $300
Trash Expense $1,200
Additional Features
2 Units
Laundry Facilities
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$1,519
Year Built
Built in 1900
Lot Details
0
Listing Details
Class: Multi Family
Type: Duplex
Dual Living: Yes
Home Warranty: Negotiable
Range Facility: Built-In
Syndicated Remarks: Great investment opportunity. Recently remodeled duplex. This home has newer vinyl windows, roof, carpet, Pergo hardwoods, electrical and furnace in 2008. Located near downtown and Willamette University. Street and alley parking. Two additional storage units with alley access could be used to produce additional income.
Cross Street: Bellevue
Year Built: 1900
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Flooring: Carpet, Laminate, Vinyl
Total Bathrooms: 3
Total Bedrooms: 5
Dining Room: Area (Combination)
Laundry: Laundry Center
Price Per Sq Ft: 66.86
Source Of Sq Ft: County
Price Per Sq Ft: 67.15
Exterior Features
Patio: Covered Patio, Deck
Exterior Color: white
Fenced Yard: Yes
Foundation: Continuous
Landscape: Yes
Out Buildings: Separate Shop
Roof: Composition
Siding: Vinyl
Utilities
Heating: Electric, Forced Air
High Speed Comm Access: Available
Water: City
Water Heater: Electric
Garbage: 1200
Insurance: 300
Sewer: City
Lot Info
Acres: 0.13
Estimated Lot Sq Ft: 6000
Lot Type: Irregular
Price Per Acre: 1069230.77
Zoning: RMD
Rvcamper Pad: Area/Room For
Property Use Type: Investment
Geo Subdivision: OR
Tax Info
Tax Account Number: R68455
Tax Amount: 1519
Multi Family
Number Of Units: 2
Ownership History
DateNameOwned ForOwner Type
Jul 2015 - PresentHaskins Scott R9 Years and 11 Months
Private Individual
Purchase Details
Closed on
Jul 28, 2015
Sold by
Kennel Jeremy
Bought by
Haskins Scott R
Total Days on Market
99
Current Estimated Value
$388,613
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Outstanding Balance
$125,028
Interest Rate
3.98%
Mortgage Type
FHA
Estimated Equity
$254,959
Mar 2013 - Jul 2015Kennel Jeremy2 Years and 4 Months
Private Individual
Purchase Details
Listed on
Nov 21, 2012
Closed on
Mar 1, 2013
Sold by
Burch Investments 475 Llc
Bought by
Kennel Jeremy
Seller's Agent
ZACH FISCHER
WINDERMERE MID VALLEY
Buyer's Agent
ZACH FISCHER
WINDERMERE MID VALLEY
List Price
$149,900
Sold Price
$138,400
Premium/Discount to List
-$11,500
-7.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Apr 2007 - Mar 2013Burch Investments 475 Llc5 Years and 11 Months
Company
Purchase Details
Closed on
Apr 16, 2007
Sold by
Burch Jordan L and Burch Kristin
Bought by
Burch Investments 475 Llc
Jan 2007 - Apr 2007Burch Jordan L and Burch Kristin R3 Months
Private Individual
Purchase Details
Closed on
Jan 2, 2007
Sold by
Borror Donald and Borror Min
Bought by
Burch Jordan L and Burch Kristin R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,600
Interest Rate
6.12%
Mortgage Type
Stand Alone Second
Apr 2003 - Jan 2007Borror Donald and Borror Min3 Years and 9 Months
Private Individual
Purchase Details
Closed on
Apr 30, 2003
Sold by
Depaz Guillermo W
Bought by
Borror Donald and Borror Min
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Great value on this charming, well-kept duplex offering two 2BD/1BA units, each with a tub-shower combo, washer/dryer hookup, functional layout and single car garage. Conveniently located near bus line and just minutes to downtown Salem. Strong rental appeal with cozy living spaces and consistent tenant demand. Duplex next door also for sale – excellent opportunity to own neighboring income
Brian SmithCOLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Great value on this charming, well-kept duplex offering two 2BD/1BA units, each with a tub-shower combo, washer/dryer hookup, functional layout and single car garage. Conveniently located near bus line and just minutes to downtown Salem. Strong rental appeal with cozy living spaces and consistent tenant demand. Duplex next door also for sale – excellent opportunity to own neighboring income
Brian SmithCOLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Unique rental housing opportunity. 5 room boarding home located 1 mile from the Willamette University campus. Off street parking will accommodate all tenants. CR Zoning provides flexibility for future uses (Previously used for Title Office). Please do not disturb the tenants.
Accepted Offer with Contingencies. Great opportunity to acquire three 1940's cottages. Live in one and rent the others! Also perfect for in-laws to have their own cottage. New siding and exterior paint. Newer roof and some windows. The 2-bedroom cottage at 645 E St has a partially finished basement of 500 +/- SF, plus a single car garage. Hardwood floors give a warm vibe to these units. Each
This property appears to have significant room for rent growth. 2nd br at 1095 does not have a closet at this time. Some updates in units. SF are estimates only based upon the Marion County Assessors Office data. Sellers have priced this at an As Is Cash Only transaction.
665 Norway is a 1936 Cottage with 2 bdrms 1 bath. Fully applianced kitchen; wood floors, FA Gas; newer roof and freshly painted exterior. Fenced yard. Recently rented for $1450 per month. 655 is a converted single garage to a 1 bdrm 1 bath unit - Recently rented for $950 per month.Close to transportation; Grant Elementary School. Refer to RES listing WVMLS# 821056
Opportunity awaits with this ideally located triplex in desirable NW Salem. Just minutes from shops, businesses, and the Salem-Dallas Highway, this property offers excellent convenience, making it a strong draw for tenants and helps keep vacancies low. Unit 1440.5 has been recently renovated, and the entire exterior has been freshly painted, allowing the next owner to step in with minimal work.
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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
Haskins Scott R
$160,000
Fidelity Natl Title Co Of Or
Kennel Jeremy
$138,400
Accommodation
Kennel Jeremy
$138,400
Fatco
Burch Investments 475 Llc
--
None Available
Burch Jordan L
$164,000
Ticor Title
Borror Donald
$174,000
First American
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Haskins Scott R
$157,102
Previous Owner
Burch Jordan L
$24,600
Previous Owner
Burch Jordan L
$123,000
Previous Owner
Borror Donald
$147,900
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
03/01/201303/01/13
Sold
$138,400
-7.7%
$67 / Sq Ft
02/28/201302/28/13
Pending
--
--
--
11/21/201211/21/12
For Sale
$149,900
--
$72 / Sq Ft
Source: Willamette Valley MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 475 18th St SE, Salem, OR 97301 since 21 November 2012 and is currently estimated at $388,613, approximately $187 per square foot. This property was built in 1900. 475 18th St SE is a home located in Marion County with nearby schools including Richmond Elementary School, Leslie Middle School, and South Salem 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.
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
