NOT LISTED FOR SALE

507 19th St NE Salem, OR 97301

Northeast Neighbors Neighborhood

Estimated Value: $458,000 - $514,000

4 Beds
3 Baths
1,960 Sq Ft
$251/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $485,000 $247 Per Sq Ft

Current estimated payment $2,955/month

46 Days on Market

Highlights

  • RV Access or Parking
  • Home Office
  • Formal Dining Room
  • Territorial View
  • Covered patio or porch
  • 4-minute walk to McRae Park

About This Home

As of October 2023

Great income producing property. Unit 1=$1,600, unit 2=$2,000, unit 3=$1,000 monthly rents. Completely updated interiors in all three units. Quiet established neighborhood. Bus lines short distance. Central location, close to downtown, shopping, freeway, hospital. Has RV pad with water, sewer and 220.Seller is OR real estate licensee.

Last Agent to Sell the Property

SAL DIAZ

PRECISION REAL ESTATE MARKETING License #940600140 Listed on: 07/10/2023

Last Buyer's Agent

Cathy Rackham

EXP REALTY, LLC License #200210005

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,974

Year Built

  • Built in 1910

Lot Details

  • 5,800 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped

Parking

  • RV Access or Parking

Home Design

  • Triplex
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • Formal Dining Room
  • Home Office
  • Territorial Views
  • Gas Range
  • Washer and Dryer

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,974

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Triplex
  • Range Facility: Electric, Gas
  • Syndicated Remarks: Great income producing property. Unit 1=$1,600, unit 2=$2,000, unit 3=$1,000 monthly rents. Completely updated interiors in all three units. Quiet established neighborhood. Bus lines short distance. Central location, close to downtown, shopping, freeway, hospital. Has RV pad with water, sewer and 220.Seller is OR real estate licensee.
  • Cross Street: Center
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Negotiable Inclusions: appliances
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Dining Room: Formal
  • Laundry: W/D Included
  • Bonus Rooms: Office
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: Green
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Cedar
  • View: Territorial

Utilities

  • Heating: Electric, Baseboard, Wall Furnace, Ductless/Mini-Split
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Acres: 0.13
  • Estimated Lot Sq Ft: 5800
  • Lot Type: Dimension Above
  • Price Per Acre: 3653846.15
  • Rvcamper Pad: Area/Room For, Pad, Rv Disposal
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 22-23
  • Tax Account Number: 595591
  • Tax Amount: 2974

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Oct 12, 2023
Sold by
Diaz Salvador
Bought by
Pierce James Franklin
Seller's Agent
SAL DIAZ
PRECISION REAL ESTATE MARKETING
Buyer's Agent
Cathy Rackham
EXP REALTY, LLC
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Views
200
Current Estimated Value
$487,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,360
Avg. Annual Appreciation
-0.17%
Original Mortgage
$363,750
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2022
Sold by
Nenita Lance Revocable Living Trust
Bought by
Diaz Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
5.78%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 2, 2011
Sold by
Lance Nenita S
Bought by
Lance Nenita S and The Nenita Lance Revocable Living Trust

Purchase Details

Closed on
Jun 26, 2009
Sold by
Bernardo Billy Walter
Bought by
Lance Nenita
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
Pierce James Franklin $485,000 Fidelity National Title
Diaz Salvador $325,000 Fidelity National Title
Lance Nenita S -- None Available
Lance Nenita -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce James Franklin $329,000
Closed Pierce James Franklin $363,750
Previous Owner Diaz Salvador $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $485,000 0.0% $247 / Sq Ft
08/31/2023 08/31/23 Off Market $485,000 -- --
07/25/2023 07/25/23 Price Changed $475,000 -4.8% $242 / Sq Ft
07/10/2023 07/10/23 For Sale $499,000 -- $255 / 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 $3,153 $160,580 -- --
2023 $3,060 $155,910 $0 $0
2022 $2,885 $151,370 $0 $0
2021 $2,803 $146,970 $0 $0
2020 $2,805 $142,690 $0 $0
2019 $2,626 $138,540 $0 $0
2018 $2,672 $0 $0 $0
2017 $2,412 $0 $0 $0
2016 $2,297 $0 $0 $0
2015 $2,315 $0 $0 $0
2014 $2,162 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • SAL DIAZ

    Seller's Agent in 2023

    SAL DIAZ

    PRECISION REAL ESTATE MARKETING

    (503) 999-2272

    1 in this area

    9 Total Sales

    Section Image

  • C

    Buyer's Agent in 2023

    Cathy Rackham

    EXP REALTY, LLC

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 807136

Willamette Valley MLS

APN: 595591

Oregon Marion County Salem 97301 Northeast Neighbors

507 19th St NE, Salem, OR

This home is located at 507 19th St NE, Salem, OR 97301 since 10 July 2023 and is currently estimated at $492,085, approximately $251 per square foot. This property was built in 1910. 507 19th St NE is a home located in Marion County with nearby schools including Englewood Elementary School, Parrish Middle School, and North 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.

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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