NOT LISTED FOR SALE

920 Rural Ave SE Unit 930 Salem, OR 97302

South Central Neighborhood

Estimated Value: $402,000 - $467,074

4 Beds
4 Baths
2,092 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $342,500 $164 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,673/month

Highlights

  • Territorial View
  • Dining Area
  • Carpet
  • Baseboard Heating
  • Wood Siding

About This Home

As of June 2021

Great south location in an area of desired schools. This duplex has 2 beds and 2 baths on each side. There is a shared 2 car garage which could have a wall added for separation of space. Unit 920 has been updated some in the last couple years. Unit 930 needs some TLC. Roof was new in 2011. Good investment property or owner occupied w/ tenant removal. Seller will not be removing tenants prior to COE.

Last Agent to Sell the Property

MARGARET BROADDUS

WORKS REAL ESTATE License #200102176 Listed on: 03/23/2021

WORKS REAL ESTATE

Last Buyer's Agent

Rita Price

PRICE-REALTORS License #930400305

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,804

Year Built

  • Built in 1970

Lot Details

  • 7,200 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 2,092 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units
  • Water Sewer Expense $160

Listing and Financial Details

  • Exclusions: Tenant Personal Property, washers & dryers
  • Legal Lot and Block 10 / 12

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,804

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Range Facility: Electric
  • Syndicated Remarks: Great south location in an area of desired schools. This duplex has 2 beds and 2 baths on each side. There is a shared 2 car garage which could have a wall added for separation of space. Unit 920 has been updated some in the last couple years. Unit 930 needs some TLC. Roof was new in 2011. Good investment property or owner occupied w/ tenant removal. Seller will not be removing tenants prior to COE.
  • Cross Street: PO BOX 2258
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Tenant Personal Property, washers & dryers
  • Negotiable Inclusions: All kitchen appliances
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 163.72
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 160.13

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Utilities

  • Heating: Baseboard
  • Water: Connected, City
  • Water Heater: Electric
  • Sewer: City
  • Water/Sewer: 160

Schools

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

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7200
  • Lot: 10
  • Price Per Acre: 1970588.24
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R83747
  • Tax Amount: 3804

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Jun 3, 2021
Sold by
Mcdonald Bruce A and Mcdonald Michael J
Bought by
Dunlop Richard Trent and Dunlop Jennifer L
Seller's Agent
MARGARET BROADDUS
WORKS REAL ESTATE
Buyer's Agent
Rita Price
PRICE-REALTORS
List Price
$335,000
Sold Price
$342,500
Premium/Discount to List
$7,500
2.24%
Current Estimated Value
$435,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,519
Avg. Annual Appreciation
4.98%
Original Mortgage
$258,750
Outstanding Balance
$237,808
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$183,699

Purchase Details

Closed on
Feb 9, 2021
Sold by
Mcdonald Bruce A and Mcdonald Michael J
Bought by
Mcdonald Bruce A and Mcdonald Michael J

Purchase Details

Closed on
Feb 1, 2021
Sold by
Mcdonald Bruce A
Bought by
Mcdonald Bruce A and Mcdonald Michael J

Purchase Details

Closed on
Dec 6, 2005
Sold by
Meier Betty R
Bought by
Mcdonald Laverne J
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
Dunlop Richard Trent $345,000 Amerititle
Mcdonald Bruce A -- None Available
Mcdonald Laverne J $192,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunlop Richard Trent $258,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $342,500 +2.2% $164 / Sq Ft
04/28/2021 04/28/21 For Sale $335,000 -2.2% $160 / Sq Ft
03/31/2021 03/31/21 Off Market $342,500 -- --
03/23/2021 03/23/21 For Sale $335,000 -- $160 / 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 $4,275 $217,750 -- --
2023 $4,149 $211,410 $0 $0
2022 $3,912 $205,260 $0 $0
2021 $3,801 $199,290 $0 $0
2020 $3,804 $193,490 $0 $0
2019 $3,560 $187,860 $0 $0
2018 $3,623 $0 $0 $0
2017 $3,270 $0 $0 $0
2016 $3,115 $0 $0 $0
2015 $3,138 $0 $0 $0
2014 $3,037 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 775125

Willamette Valley MLS

APN: 583747