NOT LISTED FOR SALE

5145 Cherie Ct SE Salem, OR 97306

Faye Wright Neighborhood

Estimated Value: $538,000 - $624,000

6 Beds
4 Baths
2,178 Sq Ft
$266/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $510,000 $234 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,591/month

3 Days on Market

Highlights

  • Fenced Yard
  • Landscaped
  • Carpet
  • Patio
  • Dining Area
  • Wall Furnace

About This Home

As of January 2021

Wonderfully located single level duplex on a large corner lot in desirable South Salem neighborhood. Both units have 3 bedrooms and 2 baths, open concept, laundry, fenced yards & underground sprinkler systems. Could be great for an investor with rents bringing in $3050/mo or owner occupied on one side. Do Not Disturb Tenants. Call agent for tenant information. OPEN HOUSE at 5184 Jones on Sunday 1/17. 1:00-2:00 only. Wear masks.

Last Agent to Sell the Property

Brian White

PARAMOUNT REAL ESTATE SERVICES License #200105014 Listed on: 01/15/2021

Last Buyer's Agent

Sarah Chapin

EQUITY OREGON REAL ESTATE License #201225714

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,776

Year Built

  • Built in 2005

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Sprinkler System

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,178 Sq Ft Home
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Tenants Property
  • Legal Lot and Block 2 / 4

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $760
  • Trash Expense $762
  • Water Sewer Expense $2,400
  • Operating Expense $12,098

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,776

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Syndicated Remarks: Wonderfully located single level duplex on a large corner lot in desirable South Salem neighborhood. Both units have 3 bedrooms and 2 baths, open concept, laundry, fenced yards & underground sprinkler systems. Could be great for an investor with rents bringing in $3050/mo or owner occupied on one side. Do Not Disturb Tenants. Call agent for tenant information. OPEN HOUSE at 5184 Jones on Sunday 1/17. 1:00-2:00 only. Wear masks.
  • Cross Street: Boone
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Tenants Property
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Irrigation System, Yes
  • Roof: Composition

Utilities

  • Heating: Electric, Wall Furnace
  • Water: Connected, City
  • Water Heater: Electric
  • Garbage: 762
  • Insurance: 760
  • Sewer: City
  • Water/Sewer: 2400

Lot Info

  • Acres: 0.24
  • Estimated Lot Sq Ft: 10454
  • Lot: 2
  • Lot Type: Irregular
  • Zoning: RS
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 12098

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R67017
  • Tax Amount: 5776

Multi Family

  • Additional Land Available: 36600
  • Gross Sched Income: 36600
  • Unit Types: Flat
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Jan 28, 2021
Sold by
Vogt Jared M and Vogt Crystal J
Bought by
Marsonette Robert C
Seller's Agent
Brian White
PARAMOUNT REAL ESTATE SERVICES
Buyer's Agent
Sarah Chapin
EQUITY OREGON REAL ESTATE
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%
Current Estimated Value
$579,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,279
Avg. Annual Appreciation
2.68%

Purchase Details

Closed on
Jun 13, 2006
Sold by
Vogt Theodore M and Vogt Laura J
Bought by
Vogt Jared M and Vogt Crystal J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 13, 2005
Sold by
Arrellano Jorge
Bought by
Vogt Jared M and Vogt Crystal J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marsonette Robert C $510,000 Fidelity National Title
Vogt Jared M -- Lawyers Title Ins
Vogt Jared M $58,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vogt Jared M $245,600
Previous Owner Vogt Jared M $46,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $510,000 +2.2% $234 / Sq Ft
01/15/2021 01/15/21 For Sale $499,000 -- $229 / 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
2025 $6,493 $340,600 -- --
2024 $6,493 $330,680 -- --
2023 $6,301 $321,050 $0 $0
2022 $5,941 $311,700 $0 $0
2021 $5,771 $302,630 $0 $0
2020 $5,776 $293,820 $0 $0
2019 $5,573 $285,270 $0 $0
2018 $5,502 $0 $0 $0
2017 $4,966 $0 $0 $0
2016 $4,730 $0 $0 $0
2015 $4,766 $0 $0 $0
2014 $4,576 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian White

    Seller's Agent in 2021

    Brian White

    PARAMOUNT REAL ESTATE SERVICES

    (503) 851-1645

    10 in this area

    175 Total Sales

    Brian White
    Section Image
  • Sarah Chapin

    Buyer's Agent in 2021

    Sarah Chapin

    EQUITY OREGON REAL ESTATE

    (503) 780-3239

    2 in this area

    112 Total Sales

    Sarah Chapin
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 772784

Willamette Valley MLS

APN: 567017

Oregon Marion County Salem 97306 Faye Wright

5145 Cherie Ct SE, Salem, OR

Not Listed for Sale

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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