NOT LISTED FOR SALE

560 Shangri la Ave NE Salem, OR 97303

Estimated Value: $438,000

4 Beds
2 Baths
2,194 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 07, 2016

Last sale price $204,000 $93 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,535/month

67 Days on Market

Highlights

  • Territorial View
  • Baseboard Heating
  • Dining Area
  • Wood Flooring
  • High Speed Internet
  • Partially Fenced Property

About This Home

As of December 2016

Tri-level duplex with 2bedrooms, 1 bath each, fireplace, 1136 SF each plus single garage. New exterior paint and roof in Nov 2007. Great investment in easy access area near bus line, shopping, restaurants, etc. 1 unit refurbished in Nov 2005, wood floors, bath enclosure, carpet and electric.

Last Agent to Sell the Property

COLLEEN GARDNER

HOMESTEAD REAL ESTATE License #930500155 Listed on: 08/23/2016

Last Buyer's Agent

Rae Wilde

WINDERMERE MID VALLEY License #980800001

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,874

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Irregular Lot

Home Design

  • Duplex
  • Composition Roof
  • Shake Siding

Interior Spaces

  • 2,194 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Partial Basement
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants personal property including washer/dryer
  • Tax Lot 9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,874

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Yes
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Tri-level duplex with 2bedrooms, 1 bath each, fireplace, 1136 SF each plus single garage. New exterior paint and roof in Nov 2007. Great investment in easy access area near bus line, shopping, restaurants, etc. 1 unit refurbished in Nov 2005, wood floors, bath enclosure, carpet and electric.
  • Cross Street: River Rd
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: Tenants personal property including washer/dryer
  • Negotiable Inclusions: Range, fridge, window coverings
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl, Wood
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement: Partial
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 92.98
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 95.72

Exterior Features

  • Exterior Color: Green
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Shake
  • View: Territorial

Utilities

  • Heating: Baseboard
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Sewer: City

Schools

  • Elementary School: Weddle
  • Middle School: Claggett Creek
  • High School: McNary

Lot Info

  • Acres: 0.17
  • Flood Plain: Unknown
  • Lot: 9
  • Lot Type: Dimension Above, Irregular
  • Price Per Acre: 1235294.12
  • Zoning: RM
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R80099
  • Tax Account Number: R80099
  • Tax Amount: 1874

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2021
Sold by
Gutierrez Jose G and Gutierrez Maria V
Bought by
Solis Ramon C and Solis Luisa
Current Estimated Value
$438,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2018
Sold by
Gutierrez Jose G
Bought by
Gutierrez Jose G and Gutierrez Maria V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2016
Closed on
Dec 7, 2016
Sold by
Maple Street Properties Llc
Bought by
Gutierrez Jose G
Seller's Agent
COLLEEN GARDNER
HOMESTEAD REAL ESTATE
Buyer's Agent
Rae Wilde
WINDERMERE MID VALLEY
List Price
$225,000
Sold Price
$204,000
Premium/Discount to List
-$21,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Oct 20, 2005
Sold by
Stutzman William M and Stutzman Sharon K
Bought by
Maple Street Properties Llc
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
Solis Ramon C $295,000 Amerititle
Gutierrez Jose G -- Fidelity National Title
Gutierrez Jose G $204,000 Fidelity Natl Title Of Or
Maple Street Properties Llc $135,900 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solis Ramon C $221,250
Previous Owner Gutierrez Jose G $53,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2016 12/07/16 Sold $204,000 -9.3% $93 / Sq Ft
10/29/2016 10/29/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $225,000 -- $103 / 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 $2,553 $130,040 -- --
2023 $2,478 $126,260 $0 $0
2022 $2,337 $122,590 $0 $0
2021 $2,270 $119,020 $0 $0
2020 $2,272 $115,560 $0 $0
2019 $2,126 $112,200 $0 $0
2018 $2,164 $0 $0 $0
2017 $1,953 $0 $0 $0
2016 $1,860 $0 $0 $0
2015 $1,874 $0 $0 $0
2014 $1,814 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    COLLEEN GARDNER

    HOMESTEAD REAL ESTATE

    (503) 580-3102

    1 in this area

    8 Total Sales

    COLLEEN GARDNER
    Section Image

  • R

    Buyer's Agent in 2016

    Rae Wilde

    WINDERMERE MID VALLEY

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 709420

Willamette Valley MLS

APN: 580099

Oregon Marion County Salem 97303

560 Shangri la Ave NE, Salem, OR

This home is located at 560 Shangri la Ave NE, Salem, OR 97303 since 23 August 2016 and is currently estimated at $438,000, approximately $199 per square foot. This property was built in 1960. 560 Shangri la Ave NE is a home located in Marion County with nearby schools including Weddle Elementary School, Claggett Creek Middle School, and McNary 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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