NOT LISTED FOR SALE

590 20th St NE Unit 592 Salem, OR 97301

Northeast Neighbors Neighborhood
3 Beds
2 Baths
1,408 Sq Ft
6,708 Sq Ft Lot

Last Sold June 16, 2023

Last sale price $330,000 $234 Per Sq Ft

189 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • 3-minute walk to McRae Park
  • High Speed Internet

About This Home

As of June 2023

Property is an excellent investment opportunity in heart of Salem! 1 tax lot w/ two detached houses. House @ 592 has 2 beds/1ba, is 969 sf, & is currently rented @ $950/month w/ tenants paying utilities. The house at 590 is vacant & was just extensively remodeled. It has 1 bed/1ba and is 498 sf. There is off-street parking for each home. Tenants in 592 on monthly lease & have been there 7 years. Buyer to accept current tenants at closing. Rent increased 10/22. Extra storage in garage. Do not disturb tenants

Last Agent to Sell the Property

Daniel Roberts

PREMIERE PROPERTY GROUP, LLC License #201224019 Listed on: 10/28/2022

PREMIERE PROPERTY GROUP, LLC

Last Buyer's Agent

Dane McKinney

SMI REAL ESTATE License #201246066

SMI REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,653

Year Built

  • Built in 1947

Lot Details

  • 6,708

Home Design

  • 1,408 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Lap Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

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

Additional Features

  • Electric Range
  • Washer and Dryer Hookup
  • 6,708 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 527485

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $885
  • Maintenance Expense $1,500
  • Operating Expense $2,485
  • Net Operating Income $15,262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,653

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Electric
  • Syndicated Remarks: Property is an excellent investment opportunity in heart of Salem! 1 tax lot w/ two detached houses. House @ 592 has 2 beds/1ba, is 969 sf, & is currently rented @ $950/month w/ tenants paying utilities. The house at 590 is vacant & was just extensively remodeled. It has 1 bed/1ba and is 498 sf. There is off-street parking for each home. Tenants in 592 on monthly lease & have been there 7 years. Buyer to accept current tenants at closing. Rent increased 10/22. Extra storage in garage. Do not disturb tenants
  • Cross Street: Center
  • Miscellaneous: 100
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl, Wood
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 234.38
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 234.38

Exterior Features

  • Foundation: Continuous, Slab
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap

Utilities

  • Heating: Gas
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Insurance: 885
  • Sewer: City

Condo/Co-op/Association

  • Maintenance: 1500

Schools

  • Elementary School: Englewood
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.15
  • Estimated Lot Sq Ft: 6708
  • Lot: 527485
  • Price Per Acre: 2200000
  • Property Use Type: Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 2485

Multi Family

  • Additional Land Available: 20400
  • Net Income: 15262
  • Number Of Units: 2

Tax Info

  • Tax Account Number: R27485
  • Tax Amount: 2653

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $330,000 0.0% $234 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $330,000 0.0% $234 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $330,000 0.0% $234 / Sq Ft
12/31/2022 12/31/22 Off Market $330,000 -- --
12/31/2022 12/31/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $320,000 -- $227 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Daniel Roberts

    PREMIERE PROPERTY GROUP, LLC

    Section Image
  • Dane McKinney

    Buyer's Agent in 2023

    Dane McKinney

    SMI REAL ESTATE

    (503) 390-6060

    2 in this area

    10 Total Sales

    Dane McKinney
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 799292

Willamette Valley MLS

APN: 073W26AA07200

Oregon Marion County Salem 97301 Northeast Neighbors

590 20th St NE Unit 592, Salem, OR

This home is located at 590 20th St NE Unit 592, Salem, OR 97301 since 28 October 2022. This property was built in 1947. 590 20th St NE Unit 592 is a home located in Marion County with nearby schools including Englewood Elementary School, Parrish Middle School, and North Salem 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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