NOT LISTED FOR SALE

5288 Baxter Ct SE Unit 5290 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $522,000 - $577,000

4 Beds
4 Baths
2,256 Sq Ft
$240/Sq Ft Est. Value

Last Sold September 06, 2017

Last sale price $315,000 $140 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,278/month

92 Days on Market

Highlights

  • Deck
  • Attached Garage
  • Lap Siding
  • Fireplace

About This Home

As of September 2017

Fantastic investment opportunity in South Salem! Whether you want to live in one side and rent out the other or rent out both, this duplex provides the opportunity to make a great income while owning an asset in fantastic condition. This desirable duplex is nestled in South Salem with a convenient location for shopping, activities or I-5 freeway access. Call today for your tour!

Last Agent to Sell the Property

Peter Braunworth

Coho Realty License #200603159 Listed on: 03/24/2017

Coho Realty

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,257

Year Built

  • Built in 1977

Lot Details

  • 8,712

Parking

  • Attached Garage

Home Design

  • Lap Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Dishwasher

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes electricity, trash collection, heat, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,257

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2256
  • Stories: 2
  • Year Built: 1977
  • Remarks Public: Fantastic investment opportunity in South Salem! Whether you want to live in one side and rent out the other or rent out both, this duplex provides the opportunity to make a great income while owning an asset in fantastic condition. This desirable duplex is nestled in South Salem with a convenient location for shopping, activities or I-5 freeway access. Call today for your tour!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: BAXTER PARK LOT 14 BLK 1
  • Basement: None

Exterior Features

  • Exterior Description: Lap Siding, Cement Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Attached

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Heat Pump

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Fireplace, Washer/Dryer Hookup

Schools

  • Elementary School: Battle Creek
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Zoning: RM2
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Electricity, Trash Collection, Heat, Sewer, Water

Tax Info

  • Tax Amount: 3101.48
  • Assessor Parcel Number: R66263

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 30.00

MLS Schools

  • Elementary School: Battle Creek
  • High School: Sprague
  • Middle School: Judson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2021
Sold by
Palmer Tyler Raymond
Bought by
Palmer Tyler Raymond and Johnson Candalynn Marie
Current Estimated Value
$533,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,400
Outstanding Balance
$263,264
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$274,674

Purchase Details

Listed on
Mar 24, 2017
Closed on
Sep 5, 2017
Sold by
Schiedler Jordan
Bought by
Palmer Tyler Raymond
Seller's Agent
Peter Braunworth
Coho Realty
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$310,200
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Closed on
Mar 13, 2014
Sold by
Tiffany Geoffrey P and Tiffany Natasha M
Bought by
Shiedler Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,200
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2006
Sold by
Tiffany Geoffrey P and Tiffany Natasha M
Bought by
Tiffany Geoffrey P

Purchase Details

Closed on
Jun 22, 2006
Sold by
Symmonds Tiana O
Bought by
Tiffany Natasha M and Tiffany Geoff P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2002
Sold by
Wolfard William G
Bought by
Symmonds Tiana O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,869
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2002
Sold by
Cannon Janice Eileen
Bought by
Wolfard William G
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
Palmer Tyler Raymond -- None Available
Palmer Tyler Raymond $315,000 Amerititle
Shiedler Jordan $205,000 Amerititle
Tiffany Geoffrey P -- None Available
Tiffany Natasha M $206,000 Fidelity Natl Title Co Of Or
Symmonds Tiana O $157,300 Key Title Company
Wolfard William G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Tyler Raymond $290,400
Closed Palmer Tyler Raymond $310,200
Previous Owner Schiedler Jordan $153,000
Previous Owner Shiedler Jordan $157,200
Previous Owner Tiffany Natasha M $185,400
Previous Owner Symmonds Tiana O $154,869
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2017 09/06/17 Sold $315,000 +5.0% $140 / Sq Ft
06/24/2017 06/24/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $300,000 -- $133 / 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 $4,257 $216,810 -- --
2023 $4,131 $210,500 $0 $0
2022 $3,895 $204,370 $0 $0
2021 $3,784 $198,420 $0 $0
2020 $3,674 $192,650 $0 $0
2019 $3,545 $187,040 $0 $0
2018 $3,608 $0 $0 $0
2017 $3,256 $0 $0 $0
2016 $3,101 $0 $0 $0
2015 $3,125 $0 $0 $0
2014 $3,024 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Braunworth

    Seller's Agent in 2017

    Peter Braunworth

    Coho Realty

    (971) 707-4646

    15 in this area

    172 Total Sales

    Section Image

  • O

    Buyer's Agent in 2017

    OR and WA Non Rmls

    Non Rmls Broker

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17546991

Regional Multiple Listing Service (RMLS)

APN: 566263

Oregon Marion County Salem 97306 South Gateway

5288 Baxter Ct SE Unit 5290, Salem, OR

This home is located at 5288 Baxter Ct SE Unit 5290, Salem, OR 97306 since 24 March 2017 and is currently estimated at $541,334, approximately $239 per square foot. This property was built in 1977. 5288 Baxter Ct SE Unit 5290 is a home located in Marion County with nearby schools including Battle Creek Elementary School, Judson Middle School, and Sprague 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.

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