Seller's Agent in 2025
Linn Holdhusen
Keller Williams PDX Central
(503) 754-1395
1 in this area
116 Total Sales
581 Highland Ave NE Unit 595 Salem, OR 97301
Highland Neighborhood
3
Beds
3
Baths
1,615
Sq Ft
3,484
Sq Ft Lot
Highlights
- Corner Lot
- High Speed Internet
- Wall Furnace
- No HOA
- Wood Siding
- 1-Story Property
About This Home
As of June 2025Great investment opportunity with this fully remodeled triplex. Each unit has it's own unique floor plan and high ceilings. All units are occupied.
Last Agent to Sell the Property
Keller Williams PDX Central License #201207312 Listed on: 03/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,758
Year Built
- Built in 1937
Lot Details
- 3,484 Sq Ft Lot
- Corner Lot
- Level Lot
Parking
- On-Street Parking
Home Design
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 1,615 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Schools
- Parrish Middle School
- North Salem High School
Utilities
- No Cooling
- Wall Furnace
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Rent includes sewer, trashcollection
- Assessor Parcel Number 577112
Community Details
Overview
- No Home Owners Association
- 3 Units
- Highland Subdivision
Building Details
- Operating Expense $6,400
- Gross Income $41,940
- Net Operating Income $9,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2025
Closed on
Jun 9, 2025
Sold by
Chandler David Frederick
Bought by
Bond Will
Seller's Agent
Linn Holdhusen
Keller Williams PDX Central
Buyer's Agent
Michael Bivens
Bridgetown Equity Prop LLC
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,452
Avg. Annual Appreciation
30.29%
Original Mortgage
$20,000
Outstanding Balance
$19,234
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$376,065
Purchase Details
Listed on
Nov 30, 2020
Closed on
Jan 20, 2021
Sold by
Pachelo Michael D
Bought by
Chandler David Frederick
Seller's Agent
Natalie Rybakov
HomeSmart Realty Group
Buyer's Agent
Chad Draper
Keller Williams PDX Central
List Price
$349,900
Sold Price
$363,000
Premium/Discount to List
$13,100
3.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.44%
Original Mortgage
$356,425
Interest Rate
2.71%
Mortgage Type
FHA
Purchase Details
Listed on
Feb 18, 2019
Closed on
Mar 8, 2019
Sold by
First Tri Llc
Bought by
Pachelo Michael D
Seller's Agent
Jenn Hill
EXP REALTY, LLC
Buyer's Agent
Natalie Rybakov
HOMESMART REALTY GROUP
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.54%
Original Mortgage
$245,000
Interest Rate
4.4%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 21, 2016
Sold by
Bradshaw Ronald E
Bought by
First Tri Llc
Purchase Details
Closed on
Dec 10, 2016
Sold by
Bradshaw Ronald E
Bought by
First Tri Llc
Purchase Details
Closed on
Jun 1, 2004
Sold by
Wheeles Willie D
Bought by
Bradshaw Ronald E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
4.21%
Mortgage Type
Negative Amortization
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $370,000 | Fidelity National Title | |
| Warranty Deed | $367,500 | Fidelity National Title | |
| Warranty Deed | $255,000 | Fidelity National Title | |
| Land Contract | $86,500 | Amerititle | |
| Special Warranty Deed | $86,500 | Amerititle | |
| Warranty Deed | $107,500 | First American |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $20,000 | New Conventional | |
| Open | $351,500 | New Conventional | |
| Previous Owner | $8,465 | FHA | |
| Previous Owner | $356,425 | FHA | |
| Previous Owner | $245,000 | Construction | |
| Previous Owner | $88,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $86,000 | Negative Amortization |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $370,000 | 0.0% | $229 / Sq Ft |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- |
| 05/06/2025 05/06/25 | Off Market | $370,000 | -- | -- |
| 04/25/2025 04/25/25 | For Sale | $425,000 | 0.0% | $263 / Sq Ft |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 03/29/2025 03/29/25 | For Sale | $425,000 | +17.1% | $263 / Sq Ft |
| 02/01/2021 02/01/21 | Sold | $363,000 | +3.7% | $225 / Sq Ft |
| 12/03/2020 12/03/20 | Pending | -- | -- | -- |
| 11/30/2020 11/30/20 | For Sale | $349,900 | +37.2% | $217 / Sq Ft |
| 03/13/2019 03/13/19 | Sold | $255,000 | +2.0% | $155 / Sq Ft |
| 02/18/2019 02/18/19 | For Sale | $250,000 | -- | $152 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $3,758 | $191,390 | -- | -- |
| 2023 | $3,647 | $185,820 | $0 | $0 |
| 2022 | $3,439 | $180,410 | $0 | $0 |
| 2021 | $3,340 | $175,160 | $0 | $0 |
| 2020 | $2,342 | $119,100 | $0 | $0 |
| 2019 | $2,192 | $115,640 | $0 | $0 |
| 2018 | $2,230 | $0 | $0 | $0 |
| 2017 | $2,013 | $0 | $0 | $0 |
| 2016 | $1,918 | $0 | $0 | $0 |
| 2015 | $1,932 | $0 | $0 | $0 |
| 2014 | $1,870 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Linn Holdhusen
-
Michael Bivens
Buyer's Agent in 2025
Michael Bivens
Bridgetown Equity Prop LLC
(503) 475-3333
1 in this area
64 Total Sales
-
Natalie Rybakov
Seller's Agent in 2021
Natalie Rybakov
HomeSmart Realty Group
(503) 990-2782
3 in this area
171 Total Sales
-
C
Buyer's Agent in 2021
Chad Draper
Keller Williams PDX Central
-
Jenn Hill
Seller's Agent in 2019
Jenn Hill
EXP REALTY, LLC
(971) 208-2800
1 in this area
111 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 262321306
APN: 577112
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.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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