NOT LISTED FOR SALE

4860 8th Ave SE Unit 4870 Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $399,000 - $494,000

4 Beds
2 Baths
1,976 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $442,000 $224 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,851/month

Highlights

  • Fenced Yard
  • Handicap Accessible
  • Forced Air Heating and Cooling System
  • Patio
  • Tile Flooring
  • 5-minute walk to Woodmansee Park

About This Home

As of September 2021

Hard to find, well cared for South Salem duplex. Single level duplex with long term tenants on both sides. This property has been well maintained and owned by the same family for many years. Great location, near to schools, bus lines & shopping.

Last Agent to Sell the Property

RYAN MCCONNAUGHEY

HOMESMART REALTY GROUP License #201208940 Listed on: 07/29/2021

HOMESMART REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,081

Year Built

  • Built in 1976

Lot Details

  • 7,200 Sq Ft Lot
  • Fenced Yard

Home Design

  • Duplex
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,976 Sq Ft Home
  • Wood Burning Fireplace
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Handicap Accessible
  • Patio

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,081

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Handicap Amenities: Yes (Refer To Remarks)
  • Range Facility: Electric
  • Syndicated Remarks: Hard to find, well cared for South Salem duplex. Single level duplex with long term tenants on both sides. This property has been well maintained and owned by the same family for many years. Great location, near to schools, bus lines & shopping.
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Wood
  • Flooring: Carpet, Tile, Vinyl
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 223.68
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 202.42

Exterior Features

  • Patio: Patio
  • Exterior Color: Beige
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Roof: Composition
  • Siding Style: Lap

Utilities

  • Heating: Central Ac, Forced Air
  • High Speed Comm Access: Present
  • Water Heater: Electric
  • Sewer: City

Schools

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

Lot Info

  • Acres: 0.165
  • Estimated Lot Sq Ft: 7200
  • Price Per Acre: 2424181.82
  • Zoning: RD
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R91835
  • Tax Amount: 4081

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2024
Sold by
Thomas Anelle I and Correa Diane F
Bought by
Thomas Anelle I and Thomas Paul
Current Estimated Value
$461,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$74,079
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$387,448

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 16, 2021
Sold by
Mickey Todd R and Mickey Stacey A
Bought by
Thomas Anelle I and Correa Diane F
Seller's Agent
RYAN MCCONNAUGHEY
HOMESMART REALTY GROUP
List Price
$399,990
Sold Price
$442,000
Premium/Discount to List
$42,010
10.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.08%

Purchase Details

Closed on
May 6, 2013
Sold by
Mickey Todd T and Mickey Todd
Bought by
Mickey Todd R and Mickey Stacey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2012
Sold by
Mickey Todd
Bought by
Mickey Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2005
Sold by
Curtis Marjorie P
Bought by
Mickey Lorraine Sue
Source: Public Records

Range of Values:

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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
Thomas Anelle I -- First Source Title Agency
Thomas Anelle I $442,000 Amerititle
Mickey Todd R -- Fidelity Natl Title Co Of Or
Mickey Todd -- None Available
Mickey Lorraine Sue -- --
Curtis Marjorie P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Anelle I $75,000
Previous Owner Mickey Todd R $110,000
Previous Owner Mickey Todd $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $442,000 +10.5% $224 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $399,990 -- $202 / 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 $4,729 $240,860 -- --
2023 $4,590 $233,850 $0 $0
2022 $4,327 $227,040 $0 $0
2021 $4,204 $220,430 $0 $0
2020 $4,207 $214,010 $0 $0
2019 $3,938 $207,780 $0 $0
2018 $4,007 $0 $0 $0
2017 $3,617 $0 $0 $0
2016 $3,445 $0 $0 $0
2015 $3,471 $0 $0 $0
2014 $3,273 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    RYAN MCCONNAUGHEY

    HOMESMART REALTY GROUP

    (503) 894-0842

    1 in this area

    5 Total Sales

    RYAN MCCONNAUGHEY
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Map

Source: Willamette Valley MLS

MLS Number: 781376

Willamette Valley MLS

APN: 591835

Oregon Marion County Salem 97302 Faye Wright

4860 8th Ave SE Unit 4870, Salem, OR

This home is located at 4860 8th Ave SE Unit 4870, Salem, OR 97302 since 29 July 2021 and is currently estimated at $461,527, approximately $233 per square foot. This property was built in 1976. 4860 8th Ave SE Unit 4870 is a home located in Marion County with nearby schools including Wright Elementary School, Judson Middle School, and Sprague 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.

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. WVMLS Member Broker: Arlene Richardson

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