NOT LISTED FOR SALE

Estimated Value: $652,000 - $811,000

4 Beds
3 Baths
2,170 Sq Ft
$341/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $535,000 $247 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,525/month

9 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 5-minute walk to Pickman Park
  • Balcony

About This Home

As of October 2019

Fantastic South Salem Multi-Family Home is waiting for you! Whether you are looking for an investment or an owner-occupied opportunity, this multi-family is perfect! Your first unit includes hardwood floors, three comfortable bedrooms a large eat-in kitchen and bright living room! Your second unit is a comfortable and convenient two-bedroom apartment with an office, a sunny living room and a breezy balcony! Your property boasts ample parking, a large, double-bay garage and a low maintenance backyard. First showings at the open house on Sunday from 3:00 to 5:00.

Last Agent to Sell the Property

Daniel Meegan

J. Barrett & Company Listed on: 08/15/2019

Last Buyer's Agent

Julianna Rodriguez

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 8,276

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Tile

Outdoor Features

  • Balcony
  • Rain Gutters
  • Porch

Additional Features

  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:31 L:0002

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 230.37
  • Comp Based On: Net Sale Price
  • Year Built: 1940
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Flooring: Wood, Tile
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access
  • Main Lo: C95243
  • Main So: AN4281
  • Estimated Sq Ft: 2170.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Porch, Balcony, Gutters
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Sewage District: SESD
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 397900.00
  • Acre: 0.19
  • Lot Size: 8276.00
  • Page: 120
  • Parcel Number: M:31 L:0002
  • Zoning: R1
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6008.00
  • Assessor Parcel Number: 2133741

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Sep 30, 2019
Sold by
Lunt Benjamin S and Lunt Mia L
Bought by
Mercadante Lisa D
Seller's Agent
Daniel Meegan
J. Barrett & Company
Buyer's Agent
Julianna Rodriguez
Keller Williams Realty Evolution
List Price
$499,900
Sold Price
$535,000
Premium/Discount to List
$35,100
7.02%
Current Estimated Value
$740,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,092
Avg. Annual Appreciation
5.38%
Original Mortgage
$335,000
Outstanding Balance
$293,477
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$446,615

Purchase Details

Closed on
Nov 18, 2014
Sold by
Nguyen Soa and Lunt Mia L
Bought by
Lunt Benjamin S and Lunt Mia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2003
Sold by
Nguyen Cau T and Nguyen Soa
Bought by
Nguyen Soa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mercadante Lisa D $535,000 --
Lunt Benjamin S $158,000 --
Nguyen Soa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercadante Lisa D $335,000
Previous Owner Lunt Benjamin S $238,000
Previous Owner Nguyen Soa $200,000
Previous Owner Nguyen Soa $36,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2019 10/02/19 Sold $535,000 +7.0% $247 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $499,900 -- $230 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2025 $7,581 $668,500 $192,300 $476,200
2024 $7,369 $634,200 $192,300 $441,900
2023 $7,171 $573,200 $176,000 $397,200
2022 $7,118 $537,200 $169,500 $367,700
2021 $6,790 $492,000 $159,700 $332,300
2020 $6,150 $425,600 $143,400 $282,200
2019 $6,008 $397,900 $130,400 $267,500
2018 $5,417 $352,200 $121,300 $230,900
2017 $5,239 $330,300 $114,100 $216,200
2016 $4,839 $308,800 $92,600 $216,200
2015 -- $293,700 $92,600 $201,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72550571

MLS Property Information Network (MLS PIN)

APN: SALE-000031-000000-000002