NOT LISTED FOR SALE

532 Ewald Ave SE Unit 582 Salem, OR 97302

South Salem Neighborhood

Estimated Value: $488,000 - $718,000

8 Beds
4 Baths
3,456 Sq Ft
$173/Sq Ft Est. Value

Last Sold March 30, 2016

Last sale price $355,000 $103 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,847/month

49 Days on Market

Highlights

  • 0.61 Acre Lot
  • Baseboard Heating
  • Dining Area
  • Territorial View
  • High Speed Internet
  • Carpet

About This Home

As of March 2016

Attractive, well-maintained 4-plex in quiet South Salem location. Consistent rent history with projected higher rent per month. Roomy 2-bedroom, 1 bath units with large 1-car garage. Newer exterior paint and windows. Pretty setting, attractive landscaping. Large shed located on property to house garden/landscaping tools, ect.

Last Agent to Sell the Property

Amy Richardson

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #201212782 Listed on: 12/14/2015

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Last Buyer's Agent

Greg & Judy Gysin

PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM License #861200070

PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,099

Year Built

  • Built in 1962

Lot Details

  • 0.61 Acre Lot
  • Irregular Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 3,456 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 68

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $720
  • Insurance Expense $720
  • Maintenance Expense $500
  • Trash Expense $300
  • Water Sewer Expense $1,800
  • Operating Expense $9,138
  • Net Operating Income $21,162

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,099

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Home Warranty: Negotiable
  • Range Facility: Built-In, Electric
  • Syndicated Remarks: Attractive, well-maintained 4-plex in quiet South Salem location. Consistent rent history with projected higher rent per month. Roomy 2-bedroom, 1 bath units with large 1-car garage. Newer exterior paint and windows. Pretty setting, attractive landscaping. Large shed located on property to house garden/landscaping tools, ect.
  • Cross Street: Liberty S
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: Stove, oven.
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 102.72
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 109.92

Exterior Features

  • Exterior Color: Cream
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Cedar
  • View: Territorial

Utilities

  • Heating: Electric, Baseboard
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Electric: 720
  • Garbage: 300
  • Insurance: 720
  • Sewer: City
  • Water/Sewer: 1800

Condo/Co-op/Association

  • Maintenance: 500

Schools

  • Elementary School: Salem Heights
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 0.61
  • Estimated Lot Sq Ft: 26572
  • Lot: 68
  • Lot Type: Irregular
  • Price Per Acre: 622786.89
  • Zoning: RM2

Rental Info

  • Total Expenses: 9138

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R72958
  • Tax Account Number: R72958
  • Tax Amount: 5099

Multi Family

  • Additional Land Available: 30300
  • Net Income: 21162
  • Gross Sched Income: 5099
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
Mar 28, 2016
Sold by
Richardson Charles N and Richardson Amy E
Bought by
Charnholm James W and Charnholm Anne Marie
Seller's Agent
Amy Richardson
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
Buyer's Agent
Greg & Judy Gysin
PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM
List Price
$379,900
Sold Price
$355,000
Premium/Discount to List
-$24,900
-6.55%
Current Estimated Value
$596,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,905
Avg. Annual Appreciation
5.85%
Original Mortgage
$248,500
Outstanding Balance
$199,884
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$405,810

Purchase Details

Closed on
Feb 22, 2005
Sold by
Jackson Frances L
Bought by
Richardson Charles N and Richardson Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Charnholm James W $355,000 Amerititle
Richardson Charles N $245,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charnholm James W $248,500
Previous Owner Rihcardson Charles N $198,000
Previous Owner Richardson Charles N $206,500
Previous Owner Richardson Charles N $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2016 03/30/16 Sold $355,000 -6.6% $103 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $379,900 -- $110 / 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 $6,946 $353,760 -- --
2023 $6,741 $343,460 $0 $0
2022 $6,356 $333,460 $0 $0
2021 $6,174 $323,750 $0 $0
2020 $6,180 $314,330 $0 $0
2019 $5,784 $305,180 $0 $0
2018 $5,886 $0 $0 $0
2017 $5,312 $0 $0 $0
2016 $5,060 $0 $0 $0
2015 $5,098 $0 $0 $0
2014 $4,934 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Richardson

    Seller's Agent in 2016

    Amy Richardson

    BHHS Oregon- Professionals

    (503) 930-8376

    3 in this area

    88 Total Sales

    Section Image
  • Greg & Judy Gysin

    Buyer's Agent in 2016

    Greg & Judy Gysin

    PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM

    (503) 559-9600

    7 in this area

    139 Total Sales

    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 698490

Willamette Valley MLS

APN: 572958

Oregon Marion County Salem 97302 South Salem

532 Ewald Ave SE Unit 582, Salem, OR

This home is located at 532 Ewald Ave SE Unit 582, Salem, OR 97302 since 14 December 2015 and is currently estimated at $596,905, approximately $172 per square foot. This property was built in 1962. 532 Ewald Ave SE Unit 582 is a home located in Marion County with nearby schools including Salem Heights Elementary School, Crossler 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.

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

Nearby Homes