NOT LISTED FOR SALE

872 Highland (-894) Ave NE Salem, OR 97301

Highland Neighborhood
7 Beds
4 Baths
2,328 Sq Ft
6,000 Sq Ft Lot

Last Sold April 17, 2024

Last sale price $640,000 $275 Per Sq Ft

110 Days on Market

Highlights

  • RV Access or Parking
  • Partially Fenced Property
  • Heating Available
  • Tile Flooring
  • Lap Siding

About This Home

As of April 2024

Investor, Property Manager Alert. This is your opportunity to add 3 extra houses to your portfolio. These three houses are on one parcel all rented with notification to tenants of sale and ready for more units as permitted by city or demo them down and build apartments is a possibility. Buyer to do own diligence on uses with city. Units rent is lower than market value. Also see WVMLS 812148 and 812152 related listings. Listing agent is member of Excellence Investment and Rentals, Inc / seller.

Last Agent to Sell the Property

SERGIO ARREDONDO

HOMESMART REALTY GROUP License #201218945 Listed on: 12/29/2023

HOMESMART REALTY GROUP

Last Buyer's Agent

Trevor Howard

SMI REAL ESTATE License #201236236

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 1926

Lot Details

  • 6,000 Sq Ft Lot
  • Partially Fenced Property

Parking

  • RV Access or Parking

Home Design

  • 2,328 Sq Ft Home
  • Triplex
  • Shingle Roof
  • Metal Roof
  • Lap Siding

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Schools

  • Highland Elementary School
  • Parrish Middle School
  • North Salem High School

Utilities

  • Heating Available
  • Electric Water Heater

Community Details

  • 3 Units
  • Pratt Addition Subdivision

Listing and Financial Details

  • Tax Block 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,774

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Triplex
  • Home Warranty: Negotiable
  • Syndicated Remarks: Investor, Property Manager Alert. This is your opportunity to add 3 extra houses to your portfolio. These three houses are on one parcel all rented with notification to tenants of sale and ready for more units as permitted by city or demo them down and build apartments is a possibility. Buyer to do own diligence on uses with city. Units rent is lower than market value. Also see WVMLS 812148 and 812152 related listings. Listing agent is member of Excellence Investment and Rentals, Inc / seller.
  • Cross Street: Hazel
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Price Per Sq Ft: 274.91
  • Price Per Sq Ft: 308.85

Exterior Features

  • Exterior Color: wh,bl,grey
  • Fenced Yard: Partial
  • Roof: Metal Or Aluminum, Shingle
  • Siding: Fiber Cement
  • Siding Style: Lap

Utilities

  • Heating: Electric
  • Water: Connected, City
  • Water Heater: Electric
  • Sewer: City

Schools

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

Lot Info

  • Acres: 0.14
  • Estimated Lot Sq Ft: 6000
  • Price Per Acre: 5135714.29
  • Rvcamper Pad: Area/Room For
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023-2024
  • Tax Account Number: 586278
  • Tax Amount: 3774

Multi Family

  • Number Of Units: 3

MLS Schools

  • HighSchool: North Salem
  • Middle School: Parrish
  • Elementary School: Highland

Range of Values:

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Sold Price
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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
04/17/2024 04/17/24 Sold $640,000 -11.0% $275 / Sq Ft
02/05/2024 02/05/24 Price Changed $719,000 -99.9% $309 / Sq Ft
02/03/2024 02/03/24 Price Changed $719,000,000 +99761.1% $308,849 / Sq Ft
01/29/2024 01/29/24 Price Changed $720,000 -0.7% $309 / Sq Ft
01/22/2024 01/22/24 Price Changed $725,000 -1.4% $311 / Sq Ft
01/14/2024 01/14/24 Price Changed $735,000 -1.3% $316 / Sq Ft
01/06/2024 01/06/24 Price Changed $745,000 -0.7% $320 / Sq Ft
12/29/2023 12/29/23 For Sale $750,000 -- $322 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • SERGIO ARREDONDO

    Seller's Agent in 2024

    SERGIO ARREDONDO

    HOMESMART REALTY GROUP

    (503) 586-4841

    5 in this area

    18 Total Sales

    SERGIO ARREDONDO
    Section Image
  • Trevor Howard

    Buyer's Agent in 2024

    Trevor Howard

    SMI REAL ESTATE

    (503) 798-0952

    1 in this area

    39 Total Sales

    Trevor Howard
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 812153

Willamette Valley MLS
Oregon Marion County Salem 97301 Highland

872 Highland (-894) Ave NE, Salem, OR

This home is located at 872 Highland (-894) Ave NE, Salem, OR 97301 since 29 December 2023. This property was built in 1926. 872 Highland (-894) Ave NE is a home located in Marion County with nearby schools including Highland 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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