NOT LISTED FOR SALE

683 Catterlin St NE Unit 693 Salem, OR 97301

Northeast Neighbors Neighborhood
12 Beds
6 Baths
5,100 Sq Ft
0.31 Acres

Last Sold October 19, 2021

Last sale price $1,250,000 $245 Per Sq Ft

30 Days on Market

Highlights

  • 13,467 Sq Ft lot
  • Forced Air Heating System
  • Partially Fenced Property
  • Landscaped
  • Dining Area
  • Wood Siding

About This Home

As of October 2021

Now available in Central Salem; income producing recently renovated cottage style 6 plex. Each cottage is 850 sqft, 2 bedroom 1 bath with open floor plans and large bedrooms. Outdoor space includes small private back area and manicured central courtyard space. Extensive renovations include roofs, sewer lines, bathrooms, kitchens, flooring and paint, crawlspaces, and many more.

Last Agent to Sell the Property

Phil Bailey

LEGACY REAL ESTATE License #201219039 Listed on: 08/20/2021

Last Buyer's Agent

Vince Baker

WILLAMETTE MEADOW REAL ESTATE License #201208743

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,012

Year Built

  • Built in 1948

Lot Details

  • 0.31 Acre Lot
  • Partially Fenced Property
  • Landscaped

Home Design

  • Shingle Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 5,100 Sq Ft Home
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 7 & 8

Community Details

Overview

  • 6 Units
  • Catterlin Cottages Community

Building Details

  • Insurance Expense $1,428
  • Maintenance Expense $2,500
  • Operating Expense $12,926
  • Net Operating Income $71,406

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,012

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Now available in Central Salem; income producing recently renovated cottage style 6 plex. Each cottage is 850 sqft, 2 bedroom 1 bath with open floor plans and large bedrooms. Outdoor space includes small private back area and manicured central courtyard space. Extensive renovations include roofs, sewer lines, bathrooms, kitchens, flooring and paint, crawlspaces, and many more.
  • Cross Street: Center
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 245.1
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 254.9

Exterior Features

  • Exterior Color: Grey
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Shingle
  • Siding: Wood
  • Siding Style: Lap

Utilities

  • Heating: Forced Air
  • Water: City
  • Water Heater: Gas
  • Insurance: 1428
  • Sewer: City

Condo/Co-op/Association

  • Maintenance: 2500
  • Mgmt Acct: 5310

Lot Info

  • Estimated Lot Sq Ft: 13467
  • Zoning: RM2
  • Property Name: Catterlin COttages
  • Property Use Type: Investment
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 12926

Multi Family

  • Additional Land Available: 90345
  • Net Income: 71406
  • Gross Sched Income: 95100
  • Unit Types: Flat
  • Number Of Units: 6

Tax Info

  • Tax Account Number: R67575
  • Tax Amount: 6012

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
10/19/2021 10/19/21 Sold $1,250,000 -3.8% $245 / Sq Ft
08/20/2021 08/20/21 For Sale $1,300,000 -- $255 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 782477

Willamette Valley MLS

APN: 567575