NOT LISTED FOR SALE

520 19th St NE Unit 526 Salem, OR 97301

Northeast Neighbors Neighborhood

Estimated Value: $373,028 - $421,000

3 Beds
3 Baths
1,728 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 02, 2016

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

Est. 79% increase in value since last sale

Current estimated payment $2,505/month

24 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • 4-minute walk to McRae Park
  • Level Lot
  • 1-Story Property

About This Home

As of August 2016

4 cute bungalow style 1-bedroom homes with hardwood floors, shared laundry center, and a storage shed with carport parking. Property is convenient to downtown, shopping and I-5. Property has a strong rental history and is 100% occupied. Please do not disturb tenants. No showings without accepted offer. Rare opportunity to own multifamily property in which the tenants do not share walls. Seller is licensed RE Broker in Oregon.

Last Agent to Sell the Property

Brandon Fahlman

Kithkin Real Estate License #200701012 Listed on: 05/03/2016

Last Buyer's Agent

Christine Folz

Real Broker License #201204657

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 1941

Lot Details

  • 6,098

Parking

  • Carport

Home Design

  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Range

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,099

Year Built

Built in 1941

Lot Details

0

Parking

3

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1728
  • Stories: 1
  • Year Built: 1941
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: FRICKEYS ADD SALEM LOT 3 BLK 6

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Parking Description: Carport

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Utilities Included: Trash Collection

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Hardwood Floors, Range, Refrigerator

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: RS

Tax Info

  • Tax Amount: 2275.11
  • Assessor Parcel Number: R74382

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.46

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2018
Sold by
Beecue Phillip
Bought by
Beecue Phillip
Total Days on Market
24
Current Estimated Value
$400,257

Purchase Details

Listed on
May 3, 2016
Closed on
Aug 1, 2016
Sold by
Dorsey Steven Roy
Bought by
Beccue Phillip
Seller's Agent
Brandon Fahlman
Kithkin Real Estate
Buyer's Agent
Christine Folz
Real Broker
List Price
$250,000
Sold Price
$223,500
Premium/Discount to List
-$26,500
-10.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
Apr 20, 2007
Sold by
Sinatra Benidict C
Bought by
Dorsey Steven Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2004
Sold by
Blevins Daniel K
Bought by
Sinatra Benedict C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2003
Sold by
Blevins Daniel K
Bought by
Blevins Daniel K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
6.4%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Beecue Phillip -- None Available
Beccue Phillip $223,500 Fidelity Natl Title Co Of Or
Dorsey Steven Roy $237,000 Lawyers Title Ins
Sinatra Benedict C $159,900 Ticor Title Insurance Compan
Blevins Daniel K -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dorsey Steven Roy $189,600
Previous Owner Sinatra Benedict C $127,900
Previous Owner Blevins Daniel K $86,400
Closed Sinatra Benedict C $16,000
Closed Beecue Phillip $0
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
05/27/2016 05/27/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $250,000 -- $145 / 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 $3,099 $157,840 -- --
2023 $3,008 $153,250 $0 $0
2022 $2,836 $148,790 $0 $0
2021 $2,755 $144,460 $0 $0
2020 $2,758 $140,260 $0 $0
2019 $2,661 $136,180 $0 $0
2018 $2,627 $0 $0 $0
2017 $2,371 $0 $0 $0
2016 $2,258 $0 $0 $0
2015 $2,275 $0 $0 $0
2014 $2,202 $0 $0 $0
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

    232 Total Sales

    Christine Folz
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16623414

Regional Multiple Listing Service (RMLS)

APN: 574382

Oregon Marion County Salem 97301 Northeast Neighbors

520 19th St NE Unit 526, Salem, OR

This home is located at 520 19th St NE Unit 526, Salem, OR 97301 since 03 May 2016 and is currently estimated at $400,257, approximately $231 per square foot. This property was built in 1941. 520 19th St NE Unit 526 is a home located in Marion County with nearby schools including Englewood Elementary School, Parrish Middle School, and North Salem High School.

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