NOT LISTED FOR SALE

5337 Regan Ct SE Unit 5339 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $445,000 - $526,000

4 Beds
3 Baths
1,962 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 25, 2014

Last sale price $194,500 $99 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $3,012/month

114 Days on Market

Highlights

  • Living Room with Fireplace
  • Patio
  • Forced Air Heating System
  • Fenced Yard
  • Landscaped
  • High Speed Internet

About This Home

As of August 2014

Income producing duplex with recent updates. This townhome style 2 bedroom 1.5 bath per side duplex could be the investment you have been looking for. Long term tenants. New exterior paint and fence. Hotwater heaters and roof replaced in recent years.

Last Agent to Sell the Property

Mark Farrow

HOMESMART REALTY GROUP License #960600078 Listed on: 03/04/2014

HOMESMART REALTY GROUP

Last Buyer's Agent

Sean Keene

REGER HOMES, LLC License #200612050

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,607

Year Built

  • Built in 1979

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,962 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: tenant personal property
  • Legal Lot and Block 13 / 3

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $468
  • Trash Expense $41
  • Water Sewer Expense $102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,607

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Built-In, Electric
  • Syndicated Remarks: Income producing duplex with recent updates. This townhome style 2 bedroom 1.5 bath per side duplex could be the investment you have been looking for. Long term tenants. New exterior paint and fence. Hotwater heaters and roof replaced in recent years.
  • Cross Street: Baxter
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: tenant personal property
  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: Refridgerators
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 99.13
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 99.13

Exterior Features

  • Patio: Patio
  • Exterior Color: Beige
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111

Utilities

  • Heating: Gas, Forced Air
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Garbage: 41
  • Insurance: 468
  • Sewer: City
  • Water/Sewer: 102

Schools

  • Elementary School: Sumpter
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 0.19
  • Estimated Lot Sq Ft: 8276
  • Lot: 13
  • Lot Type: Irregular
  • Price Per Acre: 1023684.21
  • Zoning: RM2
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R66298
  • Tax Account Number: R66298
  • Tax Amount: 2607

Multi Family

  • Unit Types: Town Home
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2014
Closed on
Aug 22, 2014
Sold by
Bjorke Dennis A and Bjorke Dale M
Bought by
Loyh Luis
Seller's Agent
Mark Farrow
HOMESMART REALTY GROUP
Buyer's Agent
Sean Keene
REGER HOMES, LLC
List Price
$199,500
Sold Price
$194,500
Premium/Discount to List
-$5,000
-2.51%
Current Estimated Value
$497,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,436
Avg. Annual Appreciation
8.88%
Original Mortgage
$190,976
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2001
Sold by
Beaton Lynn D and Beaton Charles R
Bought by
Bjorke Dennis A and Bjorke Dale M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Loyh Luis $194,500 Fidelity National Title Co
Bjorke Dennis A $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loyh Luis $181,500
Closed Loyh Luis $190,976
Previous Owner Bjorke Dennis A $129,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2014 08/25/14 Sold $194,500 -2.5% $99 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $199,500 -- $102 / 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 $3,840 $195,570 -- --
2023 $3,727 $189,880 $0 $0
2022 $3,514 $184,350 $0 $0
2021 $3,414 $178,990 $0 $0
2020 $3,417 $173,780 $0 $0
2019 $3,296 $168,720 $0 $0
2018 $3,254 $0 $0 $0
2017 $2,937 $0 $0 $0
2016 $2,797 $0 $0 $0
2015 $2,819 $0 $0 $0
2014 $2,728 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 673894

Willamette Valley MLS

APN: 566298