NOT LISTED FOR SALE

4902 Fontana St SE Unit 4906 Salem, OR 97317

Estimated Value: $458,000 - $547,000

3 Beds
4 Baths
2,192 Sq Ft
$226/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $539,900 $246 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,002/month

6 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 1-Story Property
  • Attached Garage
  • Lap Siding

About This Home

As of July 2023

Here is your chance to own this lovely, well-cared-for duplex home in SE Salem. The nicely landscaped corner lot allows for a private and fully fenced backyard and patio. Each unit includes 3 bedrooms, 2 full baths, plus a 2 car garage. The open floor plan features a gas fireplace, primary ensuite w/ skylightand walk-in closet. Roof was installed in 2021. Happy tenants with pride in their home welcome you.

Last Agent to Sell the Property

Liz Boisvert

eXp Realty LLC License #201215244 Listed on: 06/10/2023

eXp Realty LLC

Last Buyer's Agent

Matt Mahoney

HomeStar Brokers License #200601286

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,171

Year Built

  • Built in 2003

Lot Details

  • Corner Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,192 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Eyre Elementary School
  • Houck Middle School
  • South Salem High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 331476

Community Details

Overview

  • 2 Units
  • Fontana Pines Subdivision

Building Details

  • Operating Expense $5,107
  • Gross Income $33,200
  • Net Operating Income $22,666

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,171

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 2003
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tank
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Eyre
  • High School: South Salem
  • Middle Or Junior School: Houck

Lot Info

  • Zoning: RS
  • Parcel #: 331476

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4171.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.26
  • Annual Gross Income: 33200.0
  • Property Net Operating Income: 22666.0
  • Annual Operating Expense: 5107.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Jul 11, 2023
Sold by
Garrison Miranda L and Garrison Scott
Bought by
Bravo Susana Castillo
Seller's Agent
Liz Boisvert
eXp Realty LLC
Buyer's Agent
Matt Mahoney
HomeStar Brokers
List Price
$539,900
Sold Price
$539,900
Views
96
Current Estimated Value
$494,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,901
Avg. Annual Appreciation
-3.77%
Original Mortgage
$530,119
Outstanding Balance
$517,473
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
-$22,474

Purchase Details

Closed on
Jul 15, 2021
Sold by
Armbruster Steven and Armbruster Irene
Bought by
Garrison Miranda L and Garrison Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2016
Sold by
Cameron Gary and Knebes John
Bought by
Armsruster Steven and Armbruster Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2009
Sold by
Knebes John and Cameron Gary
Bought by
Infinite Green Llc

Purchase Details

Closed on
Jun 12, 2009
Sold by
Infinite Green Llc
Bought by
Knebes John and Cameron Gary

Purchase Details

Closed on
Jun 7, 2006
Sold by
Infinite Green Llc
Bought by
Knebes John M and Cameron Gary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 16, 2003
Sold by
Big Sky Construction Co
Bought by
Infinite Green Llc

Purchase Details

Closed on
Jun 4, 2003
Sold by
Westrend Homes Llc
Bought by
Big Sky Construction Co
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
Bravo Susana Castillo $539,900 Ticor Title
Castillo Bravo Susana $539,900 Ticor Title
Garrison Miranda L -- Amerititle
Armsruster Steven $332,000 Ticor Title Company
Infinite Green Llc -- None Available
Knebes John -- None Available
Knebes John M -- Amerititle
Infinite Green Llc -- --
Big Sky Construction Co $112,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Bravo Susana $530,119
Closed Bravo Susana Castillo $530,119
Previous Owner Garrison Miranda L $369,750
Previous Owner Armsruster Steven $191,000
Previous Owner Knebes John M $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $539,900 0.0% $246 / Sq Ft
06/17/2023 06/17/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $539,900 -- $246 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,537 $273,500 -- --
2023 $4,301 $265,540 $0 $0
2022 $4,045 $257,810 $0 $0
2021 $4,007 $250,310 $0 $0
2020 $3,876 $243,020 $0 $0
2019 $3,908 $235,950 $0 $0
2018 $3,889 $0 $0 $0
2017 $3,264 $0 $0 $0
2016 $3,142 $0 $0 $0
2015 $3,111 $0 $0 $0
2014 $2,929 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Liz Boisvert

    Seller's Agent in 2023

    Liz Boisvert

    eXp Realty LLC

    (541) 243-2547

    4 in this area

    147 Total Sales

    Liz Boisvert
    Section Image
  • Matt Mahoney

    Buyer's Agent in 2023

    Matt Mahoney

    HomeStar Brokers

    (503) 428-3084

    8 in this area

    173 Total Sales

    Matt Mahoney
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23675810

Regional Multiple Listing Service (RMLS)

APN: 331476

Oregon Marion County Salem 97317

4902 Fontana St SE Unit 4906, Salem, OR

This home is located at 4902 Fontana St SE Unit 4906, Salem, OR 97317 since 10 June 2023 and is currently estimated at $494,999, approximately $225 per square foot. This property was built in 2003. 4902 Fontana St SE Unit 4906 is a home located in Marion County with nearby schools including Eyre Elementary School, Houck 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.

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