NOT LISTED FOR SALE

4828 State St Unit 4830 Salem, OR 97301

Estimated Value: $440,000 - $484,000

6 Beds
2 Baths
2,130 Sq Ft
$214/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $160,000 $75 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $2,726/month

216 Days on Market

About This Home

As of December 2013

Please do not disturb the tenants. These are nice 3 bed 1 bath unit on both sides. Both sides have garages and fenced side and rear yards with covered patios. New roof 2009. This is easy to rent and is a money maker.

Last Agent to Sell the Property

Dave Christoff

HALLMARK PROPERTIES, INC. License #780101687 Listed on: 04/19/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,936

Year Built

  • Built in 1976

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 79 x 105
  • Fenced Yard

Home Design

  • 2,130 Sq Ft Home
  • Duplex
  • Composition Roof
  • T111 Siding

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Washer and Dryer Hookup

Utilities

  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 60 / 6

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $1,440
  • Operating Expense $3,376

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,936

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Range Included
  • Syndicated Remarks: Please do NOT disturb the Tenants. These are nice 3 Bedroom 1 Bath units. Both units have garages and fenced side and rear yards. New Roof in 2009. Easy to rent. Gross Rent MKultiplier = 8.59. Owner is Licensed Oregon Real Estate Broker.
  • Cross Street: Landcaster
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Refrigerator: Refrigerator Included
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 75.12
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 77.46

Exterior Features

  • Fenced Yard: Yes
  • Foundation: Continuous
  • Roof: Composition
  • Siding Style: T111

Utilities

  • Heating: Electric, Zonal
  • Water: Connected, City
  • Water Heater: Electric
  • Water/Sewer: 1440

Schools

  • Elementary School: Mary Eyre
  • Middle School: Houck
  • High School: North Salem

Lot Info

  • Acres: 0.19
  • Estimated Lot Dimensions: 79 x 105
  • Estimated Lot Sq Ft: 8000
  • Lot: 60
  • Lot Type: Dimension Above
  • Price Per Acre: 868421.05
  • Zoning: R1
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 3376

Multi Family

  • Gross Sched Income: 19200
  • Number Of Units: 2

Tax Info

  • Tax Account Number: R43525
  • Tax Amount: 1936

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2015
Sold by
Brown David and Luo Yu Fang
Bought by
Brown/Luo Family Trust
Current Estimated Value
$455,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Outstanding Balance
$89,812
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$365,668

Purchase Details

Closed on
Jun 1, 2015
Sold by
Brown David and Luo Yu Fang
Bought by
Brown David and Luo Yu Fang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Outstanding Balance
$89,812
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$365,668

Purchase Details

Listed on
Apr 19, 2013
Closed on
Feb 13, 2014
Sold by
Brown David and Luo Yu Fang
Bought by
Brown/Luo Family Trust
Seller's Agent
Dave Christoff
HALLMARK PROPERTIES, INC.
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$120,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2013
Closed on
Dec 27, 2013
Sold by
Bolich Nathan A
Bought by
Brown David and Luo Yu Fang
Seller's Agent
Dave Christoff
HALLMARK PROPERTIES, INC.
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2003
Sold by
Upton George D
Bought by
Bolich Nathan A
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
Brown/Luo Family Trust -- None Available
Brown David -- Amerititle
Brown/Luo Family Trust -- None Available
Brown David -- Amerititle
Bolich Nathan A $127,203 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown David $116,500
Closed Brown David $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2013 12/31/13 Sold $160,000 0.0% $75 / Sq Ft View Prior Sale
12/31/2013 12/31/13 Sold $160,000 -5.8% $75 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
11/21/2013 11/21/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $169,900 0.0% $80 / Sq Ft
02/05/2013 02/05/13 For Sale $169,900 -- $80 / 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 $3,619 $213,390 -- --
2023 $3,430 $207,180 $0 $0
2022 $3,237 $201,150 $0 $0
2021 $3,207 $195,300 $0 $0
2020 $3,107 $189,620 $0 $0
2019 $3,131 $184,100 $0 $0
2018 $3,064 $0 $0 $0
2017 $2,524 $0 $0 $0
2016 $2,410 $0 $0 $0
2015 $2,384 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 663264

Willamette Valley MLS

APN: 543525