NOT LISTED FOR SALE

4823 Future Rd NE Salem, OR 97305

East Lancaster Neighborhood

Estimated Value: $632,000 - $771,000

8 Beds
4 Baths
3,780 Sq Ft
$185/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2015

Last sale price $282,680 $75 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $4,334 / mo

194 Days on Market

Highlights

  • 0.43 Acre Lot
  • Baseboard Heating
  • Carpet
  • Patio
  • Laundry Facilities

About This Home

As of October 2015

Complete renovation in 2012, including roof, windows, flooring, paint, many appliances, bathrooms, kitchens, etc. Super cash flow. Laundry on site. A single car garage for each unit.

Last Agent to Sell the Property

Brenda Alfono

VALLEY REAL ESTATE SERVICES, LLC. License #200407196 Listed on: 03/12/2015

Last Buyer's Agent

Bill Walson

HERITAGE NW REALTY GROUP, LLC License #980300148

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,877

Year Built

  • Built in 1970

Lot Details

  • 0.43

Home Design

  • 3,780 Sq Ft Home
  • Quadruplex
  • Vinyl Siding

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater

Additional Features

  • Patio
  • 18,560 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Tax Lot 12

Community Details

Building Details

  • Electric Expense $420
  • Trash Expense $1,080
  • Water Sewer Expense $1,275

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,877

Year Built

Built in 1970

Lot Details

0.43 Acres

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Complete renovation in 2012, including roof, windows, flooring, paint, many appliances, bathrooms, kitchens, etc. Super cash flow. Laundry on site. A single car garage for each unit.
  • Cross Street: Walker Rd
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Exclusions: Tenants personal property
  • Negotiable Inclusions: 4 Ranges, 4 Refrigerators, 4 Dishwasher
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Laundry: Laundry Center
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Exterior Color: Tan
  • Foundation: Continuous
  • Siding: Vinyl

Utilities

  • Heating: Electric, Baseboard
  • Water: Well
  • Water Heater: Electric
  • Electric: 420
  • Garbage: 1080
  • Sewer: City
  • Water/Sewer: 1275

Lot Info

  • Acres: 0.43
  • Estimated Lot Sq Ft: 18560
  • Lot: 12
  • Zoning: RM
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R82360
  • Tax Amount: 3877

Multi Family

  • Gross Sched Income: 33720
  • Number Of Units: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Bought by
Current Estimated Value
$700,685

Purchase Details

Closed on
Dec 26, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,096
Interest Rate
0.0325%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 12, 2015
Closed on
Oct 15, 2015
Sold by
Bought by
Seller's Agent
Brenda Alfono
VALLEY REAL ESTATE SERVICES, LLC.
Buyer's Agent
Bill Walson
HERITAGE NW REALTY GROUP, LLC
List Price
$319,500
Sold Price
$282,680
Premium/Discount to List
-$36,820
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$212,010
Interest Rate
0.0386%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,750
Interest Rate
0.0845%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$621,114 None Listed On Document
$470,000 Amerititle
$282,680 Amerititle
$165,000 Fidelity Natl Title Co Of Or
$307,500 Ticor Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $459,096
Previous Owner $212,010
Previous Owner $276,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/15/2015 10/15/15 Sold $282,680 0.0% $75 / Sq Ft
09/30/2015 09/30/15 Off Market $282,680 -- --
03/12/2015 03/12/15 For Sale $319,500 -- $85 / Sq Ft
Source: Willamette Valley MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,333 $382,590
2024 $6,333 $371,450
2023 $5,998 $360,640 $0 $0
2022 $5,664 $350,140 $0 $0
2021 $5,612 $339,950 $0 $0
2020 $5,277 $330,050 $0 $0
2019 $5,484 $320,440 $0 $0
2018 $5,386 $0 $0 $0
2017 $4,383 $0 $0 $0
2016 $4,119 $0 $0 $0
2015 $4,136 $0 $0 $0
2014 $4,006 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Brenda Alfono

    VALLEY REAL ESTATE SERVICES, LLC.

    (503) 910-4988

    6 Total Sales

    Brenda Alfono
    Section Image

  • B

    Buyer's Agent in 2015

    Bill Walson

    HERITAGE NW REALTY GROUP, LLC

    (503) 838-5667

    Bill Walson
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 687224

Willamette Valley MLS

APN: 582360

Oregon Marion County Salem 97305 East Lancaster

4823 Future Rd NE, Salem, OR

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.

Willamette Valley MLS 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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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