NOT LISTED FOR SALE

Estimated Value: $418,784 - $469,000

4 Beds
2 Baths
1,600 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $259,000 $162 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,692/month

2 Days on Market

Highlights

  • Deck
  • Tile Flooring
  • Partially Fenced Property
  • Living Room with Fireplace
  • High Speed Internet
  • 2-minute walk to Wendy Kroger Park

About This Home

As of June 2018

This renovated, one-level, two-bedroom, one-bath unit is located in a quiet, established neighborhood in South Salem, with a park just across the street. It is also conveniently situated near restaurants, shopping, and easy access to I-5. The unit boasts an outdoor courtyard, a wood-burning fireplace, laminate flooring throughout, a stainless steel dishwasher, a built-in microwave range hood, a garbage disposal, washer and dryer hookups, and an attached garage.

*Lease term: One year lease required.

*Other terms:
-Total income must be at least 3 times the rent amount (non-negotiable).
-No smoking allowed inside the unit and in the deck/courtyard area.
-Tenant shall obtain and maintain renter's insurance for the duration of the lease term (and if extended). -Tenant shall clear all fallen leaves on the premises to include the unit's dedicated courtyard space.

*Utilities:
-Owner pays for water and sewer as well as landscaping.
-Tenant pays for all other utilities.

*Pet Policy: One (1) small pet not to exceed 40 lbs is allowed for an extra $30/month in pet rent (approval is required).
*All dimensions and square footage are estimates.

Last Agent to Sell the Property

Colleen Benson

KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP License #961200091 Listed on: 05/09/2018

KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP

Co-Listed By

Dave Smith

TRADITION REAL ESTATE PARTNERS License #201215251

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,898

Year Built

  • Built in 1976

Lot Details

  • 7,409 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • T111 Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • 2 Units

Building Details

  • Maintenance Expense $35
  • Trash Expense $27
  • Water Sewer Expense $57

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,898

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Microwave Included
  • Syndicated Remarks: Duplex in a brilliant South Salem location across from a beautiful park. Each side is 2 bed / 1 bath with over 850 sqft with attached single car garage.
  • Cross Street: Arlene Ave
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Wood
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 161.88
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 143.75

Exterior Features

  • Patio: Deck
  • Exterior Color: Slate Blue
  • Fenced Yard: Partial
  • Siding Style: T111

Utilities

  • Heating: Electric
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Garbage: 27
  • Sewer: City
  • Water/Sewer: 57

Condo/Co-op/Association

  • Maintenance: 35

Schools

  • Elementary School: Wright
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7409
  • Lot: 1
  • Price Per Acre: 1352941.18
  • Zoning: RS
  • Geo Subdivision: OR

Multi Family

  • Unit Types: Flat
  • Number Of Units: 2

Tax Info

  • Tax Account Number: R85698
  • Tax Amount: 2898

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Jun 7, 2018
Sold by
Eisel Mary Burke
Bought by
Le Loc Huu and Chen Lily M
Seller's Agent
Colleen Benson
KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP
List Price
$230,000
Sold Price
$259,000
Premium/Discount to List
$29,000
12.61%
Current Estimated Value
$435,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,946
Avg. Annual Appreciation
8.51%
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
Le Loc Huu $259,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Loc Huu $190,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Off Market $1,625 -- --
04/08/2025 04/08/25 For Rent $1,625 0.0% --
06/08/2018 06/08/18 Sold $259,000 +12.6% $162 / Sq Ft
05/09/2018 05/09/18 For Sale $230,000 -- $144 / 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 $3,789 $192,970 -- --
2023 $3,677 $187,350 $0 $0
2022 $3,467 $181,900 $0 $0
2021 $3,368 $176,610 $0 $0
2020 $3,270 $171,470 $0 $0
2019 $3,155 $166,480 $0 $0
2018 $3,211 $0 $0 $0
2017 $2,898 $0 $0 $0
2016 $2,761 $0 $0 $0
2015 $2,781 $0 $0 $0
2014 $2,590 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 732985

Willamette Valley MLS

APN: 585698