NOT LISTED FOR SALE

781 25th St SE Unit 785 Salem, OR 97301

Southeast Salem Neighborhood

Estimated Value: $555,000 - $619,781

6 Beds
4 Baths
2,804 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $549,000 $196 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,591/month

14 Days on Market

Highlights

  • Territorial View
  • Forced Air Heating and Cooling System
  • Partially Fenced Property
  • Covered Patio or Porch
  • Dining Area
  • Lap Siding

About This Home

As of September 2022

Well-designed newer duplex in the middle of Salem, OR with easy access to shopping and schools. Each unithas 3 beds and 2 baths, master on suite and large two car garage located in the back of the units. Units are well maintained andhave tenants already in place. Each unit is equipped with gas appliances as well as central air. Tenants pay all utilities.

Last Agent to Sell the Property

Yascha Noonberg

LIVING ROOM REALTY License #201202058 Listed on: 08/17/2022

LIVING ROOM REALTY

Last Buyer's Agent

Yascha Noonberg

LIVING ROOM REALTY License #201202058 Listed on: 08/17/2022

LIVING ROOM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,664

Year Built

  • Built in 2005

Lot Details

  • 8,340 Sq Ft Lot
  • Partially Fenced Property
  • Sprinkler System

Home Design

  • Duplex
  • Composition Roof
  • Lap Siding
  • T111 Siding

Interior Spaces

  • 2,804 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Insurance Expense $1,000

Listing and Financial Details

  • Legal Lot and Block 5 / F

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,664

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Built-In, Electric
  • Syndicated Remarks: Well-designed newer duplex in the middle of Salem, OR with easy access to shopping and schools. Each unit has 3 beds and 2 baths, master on suite and large two car garage located in the back of the units. Units are well maintained and have tenants already in place. Each unit is equipped with gas appliances as well as central air. Tenants pay all utilities.
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: Kitchen Appliances
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 195.79
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 195.79

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: Tan
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Irrigation System
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap, T111
  • View: Territorial

Utilities

  • Heating: Gas, Central Ac, Forced Air
  • Water: Connected, City
  • Water Heater: Gas
  • Insurance: 1000
  • Sewer: City

Schools

  • Elementary School: Richmond
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.19
  • Estimated Lot Sq Ft: 8340
  • Lot: 5
  • Price Per Acre: 2889473.68
  • Zoning: RSFR
  • Property Use Type: Any Use–all The Following, Investment, Vacant/Owner-User
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: 343113
  • Tax Account Number: 343113
  • Tax Amount: 5664

Multi Family

  • Gross Sched Income: 30000
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2012
Sold by
Ervin Wesley D and Ervin Linda M
Bought by
Ervin Wesley D and Ervin Linda M
Current Estimated Value
$580,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Outstanding Balance
$27,605
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$552,590

Purchase Details

Closed on
Dec 28, 2007
Sold by
Blossom Properties Llc
Bought by
Ervin Wesley D and Ervin Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ervin Wesley D -- First American
Ervin Wesley D $265,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ervin Wesley D $204,250
Closed Ervin Wesley D $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2022 09/21/22 Sold $549,000 0.0% $196 / Sq Ft
08/18/2022 08/18/22 For Sale $549,000 -- $196 / Sq Ft
Source: Willamette Valley MLS

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
2024 $6,181 $314,790 -- --
2023 $5,999 $305,630 $0 $0
2022 $5,656 $296,730 $0 $0
2021 $5,494 $288,090 $0 $0
2020 $5,499 $279,700 $0 $0
2019 $5,146 $271,560 $0 $0
2018 $5,238 $0 $0 $0
2017 $4,727 $0 $0 $0
2016 $4,503 $0 $0 $0
2015 $4,537 $0 $0 $0
2014 $4,332 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Yascha Noonberg

    Seller's Agent in 2022

    Yascha Noonberg

    LIVING ROOM REALTY

    (503) 810-6312

    1 in this area

    302 Total Sales

    Yascha Noonberg
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Map

Source: Willamette Valley MLS

MLS Number: 796794

Willamette Valley MLS

APN: 343113

Oregon Marion County Salem 97301 Southeast Salem

781 25th St SE Unit 785, Salem, OR

This home is located at 781 25th St SE Unit 785, Salem, OR 97301 since 17 August 2022 and is currently estimated at $580,195, approximately $206 per square foot. This property was built in 2005. 781 25th St SE Unit 785 is a home located in Marion County with nearby schools including Richmond Elementary School, Leslie Middle School, and South 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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