NOT LISTED FOR SALE

520 19th (-526) St NE Salem, OR 97301

Northeast Neighbors Neighborhood
4 Beds
4 Baths
1,728 Sq Ft
6,040 Sq Ft Lot

Last Sold August 02, 2016

Last sale price $223,500 $129 Per Sq Ft

9 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating
  • Laundry Facilities
  • Patio
  • Landscaped
  • 4-minute walk to McRae Park

About This Home

As of August 2016

4 detached cottages on one tax lot! Cute bungalow style 1-bedroom homes with hardwood floors, small shared laundry center, and a storage shed with carport parking. Property is convenient to downtown, shopping and I-5. Very low vacancy - property has a strong rental history and is 100% occupied. Please do not disturb tenants. No showings without an accepted offer. Rare opportunity to own multifamily property in which the tenants do not share walls. Seller is a licensed Real Estate Broker in Oregon.

Last Agent to Sell the Property

Brandon Fahlman

KITHKIN REAL ESTATE License #200701012 Listed on: 05/02/2016

Last Buyer's Agent

Christine Folz

REAL BROKER License #201204657

REAL BROKER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 1941

Lot Details

  • 6,040 Sq Ft Lot
  • Lot Dimensions are 40 x 150
  • Landscaped

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • Dining Area
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Zoned Heating
  • Heating System Uses Gas
  • Wall Furnace
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 3 / 6

Community Details

Building Details

  • Electric Expense $232
  • Insurance Expense $1,330
  • Maintenance Expense $2,900
  • Trash Expense $593
  • Water Sewer Expense $1,272
  • Operating Expense $10,076
  • Net Operating Income $13,824

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,276

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Dual Living: Yes
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: 4 detached cottages on one tax lot! Cute bungalow style 1-bedroom homes with hardwood floors, small shared laundry center, and a storage shed with carport parking. Property is convenient to downtown, shopping and I-5. Very low vacancy - property has a strong rental history and is 100% occupied. Please do not disturb tenants. No showings without an accepted offer. Rare opportunity to own multifamily property in which the tenants do not share walls. Seller is a licensed Real Estate Broker in Oregon.
  • Cross Street: Center St NE
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Negotiable Inclusions: 4 Ranges, 4 Refrigerators
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl, Wood
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: Laundry Center
  • Price Per Sq Ft: 129.34
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 144.68

Exterior Features

  • Patio: Patio
  • Exterior Color: Red
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap

Utilities

  • Heating: Gas, Electric, Wall Furnace, Zonal
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Electric: 232
  • Garbage: 593
  • Insurance: 1330
  • Sewer: City
  • Water/Sewer: 1272

Condo/Co-op/Association

  • Maintenance: 2900
  • Mgmt Acct: 1473

Schools

  • Elementary School: Englewood
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.14
  • Estimated Lot Dimensions: 40 x 150
  • Estimated Lot Sq Ft: 6040
  • Lot: 3
  • Lot Type: Dimension Above
  • Price Per Acre: 1785714.29
  • Zoning: RS
  • Property Use Type: Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 10076

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R74382
  • Tax Account Number: R74382
  • Tax Amount: 2276

Multi Family

  • Net Income: 13824
  • Gross Sched Income: 23900
  • Unit Types: Flat
  • Number Of Units: 4

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2016 08/02/16 Sold $223,500 -10.6% $129 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $250,000 -- $145 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brandon Fahlman

    Seller's Agent in 2016

    Brandon Fahlman

    KITHKIN REAL ESTATE

    (503) 930-2786

    5 in this area

    115 Total Sales

    Brandon Fahlman
    Section Image
  • Christine Folz

    Buyer's Agent in 2016

    Christine Folz

    REAL BROKER

    (503) 949-3087

    12 in this area

    233 Total Sales

    Christine Folz
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 703727

Willamette Valley MLS

Oregon Marion County Salem 97301 Northeast Neighbors

520 19th (-526) St NE, Salem, OR

This home is located at 520 19th (-526) St NE, Salem, OR 97301 since 02 May 2016. This property was built in 1941. 520 19th (-526) 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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