NOT LISTED FOR SALE

505 18th St SE Salem, OR 97301

Southeast Salem Neighborhood

Estimated Value: $254,000 - $270,628

2 Beds
1 Bath
675 Sq Ft
$391/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $245,000 $363 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,513/month

193 Days on Market

Highlights

  • Craftsman Architecture
  • Private Yard
  • Wood Frame Window
  • Corner Lot
  • No HOA
  • 1 Car Detached Garage

About This Home

As of January 2023

Cute cottage in the center of town. Close to everything. It has been rented for 30 years by the same tenant! With a new roof and gutters inside need paint, carpets, and TLC

Last Agent to Sell the Property

Chet Graham

Realty First License #910800166 Listed on: 06/18/2022

Realty First

Last Buyer's Agent

Julie Boeder

Coldwell Banker Mountain West License #201220182

Coldwell Banker Mountain West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,366

Year Built

  • Built in 1915

Lot Details

  • 3,049 Sq Ft Lot
  • Corner Lot
  • Private Yard

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 675 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Built-In Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Covered Deck

Schools

  • Bush Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Wall Furnace
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 568563

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,366

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1915
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Craftsman
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: MainFloorBedroomBath, OneLevel
  • Total Bathrooms: 1.0
  • Interior Amenities: LaminateFlooring
  • Basement: None
  • Window Features: WoodFrames
  • Appliances: BuiltinRange
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Asbestos,WoodSiding
  • Exterior Features: CoveredDeck, Yard
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Driveway
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Internet Service Type: Cable,DSL
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Bush
  • High School: South Salem
  • Middle Or Junior School: Leslie

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 568563

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 1366.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2015
Sold by
Gergen Mary E
Bought by
The Mary E Gergen Revocable Living Trust
Current Estimated Value
$263,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,068
Interest Rate
6.31%
Mortgage Type
FHA
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
The Mary E Gergen Revocable Living Trust -- None Available
Middleton Roy A $245,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Middleton Roy A $274,068
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2023 01/31/23 Sold $245,000 0.0% $363 / Sq Ft
01/01/2023 01/01/23 Off Market $245,000 -- --
12/28/2022 12/28/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $225,000 0.0% $333 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
06/18/2022 06/18/22 For Sale $225,000 -- $333 / 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 $1,583 $80,620 -- --
2023 $1,536 $78,280 $0 $0
2022 $1,449 $76,000 $0 $0
2021 $1,407 $73,790 $0 $0
2020 $1,409 $71,650 $0 $0
2019 $1,359 $69,570 $0 $0
2018 $1,342 $0 $0 $0
2017 $1,211 $0 $0 $0
2016 $1,154 $0 $0 $0
2015 $1,162 $0 $0 $0
2014 $1,125 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chet Graham

    Seller's Agent in 2023

    Chet Graham

    Realty First

    (503) 999-9082

    1 in this area

    192 Total Sales

    Chet Graham
    Section Image

  • J

    Buyer's Agent in 2023

    Julie Boeder

    Coldwell Banker Mountain West

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22505569

Regional Multiple Listing Service (RMLS)

APN: 568563

Oregon Marion County Salem 97301 Southeast Salem

505 18th St SE, Salem, OR

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