745 16th St NE Salem, OR 97301
Northeast Neighbors NeighborhoodEstimated payment $2,766/month
Highlights
- Popular Property
- Deck
- Wood Flooring
- RV Access or Parking
- Territorial View
- Private Yard
About This Home
Turnkey investment with instant cash flow upon closing! This 4 bed, 2.5 bath has room for everyone. Great renters with a lease until July 2026. This well maintained beauty has hardwood floors, new appliances, waterproofed basement with lifetime warranty, and new wall insulation. The huge back yard has excellent ADU potential with pre-approved plans from the city, convenient alley access, and easily accessible utilities. Cap rate 6.2%, GRM 13.1. Tenant occupied. Do not disturb tenants. Offer contingent upon interior inspection.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,920
Year Built
- Built in 1926
Lot Details
- 7,840 Sq Ft Lot
- Fenced
- Level Lot
- Private Yard
Parking
- 1 Car Attached Garage
- Workshop in Garage
- Driveway
- RV Access or Parking
Home Design
- Bungalow
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,378 Sq Ft Home
- 3-Story Property
- Gas Fireplace
- Vinyl Clad Windows
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Territorial Views
- Finished Basement
- Basement Fills Entire Space Under The House
- Security Gate
Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Deck
- Patio
- Fire Pit
- Shed
- Porch
Schools
- Englewood Elementary School
- Parrish Middle School
- North Salem High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
- Englewood Subdivision
Listing and Financial Details
- Assessor Parcel Number 572138
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,638 | $190,820 | -- | -- |
| 2024 | $3,638 | $185,270 | -- | -- |
| 2023 | $3,530 | $179,880 | $0 | $0 |
| 2022 | $3,329 | $174,650 | $0 | $0 |
| 2021 | $3,234 | $169,570 | $0 | $0 |
| 2020 | $3,237 | $164,640 | $0 | $0 |
| 2019 | $3,123 | $159,850 | $0 | $0 |
| 2018 | $3,083 | $0 | $0 | $0 |
| 2017 | $2,783 | $0 | $0 | $0 |
| 2016 | $2,651 | $0 | $0 | $0 |
| 2015 | $2,671 | $0 | $0 | $0 |
| 2014 | $2,585 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/04/2025 12/04/25 | For Sale | $465,000 | +16.3% | $196 / Sq Ft | |
| 08/13/2021 08/13/21 | Sold | $400,000 | +2.6% | $168 / Sq Ft | View Prior Sale |
| 07/01/2021 07/01/21 | For Sale | $390,000 | +30.0% | $164 / Sq Ft | |
| 07/09/2018 07/09/18 | Sold | $299,900 | 0.0% | $126 / Sq Ft | View Prior Sale |
| 05/22/2018 05/22/18 | Pending | -- | -- | -- | |
| 05/18/2018 05/18/18 | For Sale | $299,900 | -- | $126 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | First American | |
| Warranty Deed | $299,900 | Amerititle | |
| Interfamily Deed Transfer | -- | Amerititle | |
| Warranty Deed | $194,900 | Fidelity Natl Title Co Of Or | |
| Warranty Deed | $115,000 | Amerititle |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | New Conventional | |
| Previous Owner | $284,905 | New Conventional | |
| Previous Owner | $191,290 | FHA | |
| Previous Owner | $113,981 | FHA |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 637229774
APN: 572138
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.
- 1675 B St NE
- 637 17th St NE
- 1060 15th St NE
- 1965 Breyman St NE
- 664 Thompson Ave NE Unit 672
- 562 21st St NE
- 1596 Chemeketa St NE
- 1329 Baker St NE
- 1420 Olive St NE
- 1795 Court St NE
- 1496 Court St NE
- 578 23rd St NE
- 1425 17th St NE
- 1145 Hood St NE
- 1859 State St
- 1555 Pearl St NE
- 1515 19th St NE
- 1760 Norway St NE
- 1575 19th St NE
- 730 Cottage St NE Unit 734
- 1125 14th St NE
- 1150 12th St NE
- 1245 Chemeketa St NE
- 585 Winter St NE
- 1434 Ferry St SE Unit 6
- 1110 Cottage St NE
- 1065 Madison St NE
- 424 Center St NE
- 1461-1491 Lee St SE
- 315 Commercial St SE
- 1601-1665 Water St NE
- 805-895 Liberty St SE
- 3522 Anita Dr NE
- 777 Commercial St SE
- 975 Cross St SE
- 2510-2560 Broadway St NE
- 1415 Lancaster Dr NE
- 302 Owens St S
- 3864 Sunnyview Rd NE
- 295 Colt Ln NE