NOT LISTED FOR SALE

Estimated Value: $382,000 - $429,000

3 Beds
2 Baths
1,818 Sq Ft
$226/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $107,500 $59 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $2,544/month

130 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Landscaped

About This Home

As of July 2016

Two one level cottage style homes on one tax lot! The homes are located a short distance to downtown Salem! The first home features two bedrooms and one bathroom. The kitchen opens to the dining area. The second home features one bedroom and one bathroom. Private, fenced backyard. This is a Fannie Mae Home Path property. The seller directs that all offers on this listing be made using the HomePath Online offer system at the HomePath website homepath.com.

Last Agent to Sell the Property

Brian Smith

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #920800079 Listed on: 02/29/2016

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

Priscilla Beggs

ZENITH REALTY, LLC License #971100070

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,599

Year Built

  • Built in 1949

Lot Details

  • 7,474 Sq Ft Lot
  • Fenced Yard
  • Partially Fenced Property
  • Landscaped

Home Design

  • 1,818 Sq Ft Home
  • Duplex
  • Shake Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,599

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Syndicated Remarks: Two one level cottage style homes on one tax lot! The homes are located a short distance to downtown Salem! The first home features two bedrooms and one bathroom. The kitchen opens to the dining area. The second home features one bedroom and one bathroom. Private, fenced backyard. This is a Fannie Mae Home Path property. The seller directs that all offers on this listing be made using the HomePath Online offer system at the HomePath website homepath.com.
  • Cross Street: D St
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Price Per Sq Ft: 59.13
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 60.45

Exterior Features

  • Fenced Yard: Partial, Yes
  • Landscape: Yes
  • Siding: Shake

Schools

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

Lot Info

  • Estimated Lot Sq Ft: 7474
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R87258
  • Tax Account Number: R87258
  • Tax Amount: 2599

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
Jul 22, 2016
Sold by
Fannie Mae
Bought by
Mills Tauren
Seller's Agent
Brian Smith
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Priscilla Beggs
ZENITH REALTY, LLC
List Price
$124,500
Sold Price
$107,500
Premium/Discount to List
-$17,000
-13.65%
Current Estimated Value
$410,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,949
Avg. Annual Appreciation
15.69%
Original Mortgage
$80,625
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2015
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 6, 2015
Sold by
Pointer Ivan L and Pointer Barbara M
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Apr 15, 2015
Sold by
Pointer Ivan L and Pointer Barbara M
Bought by
Bulldog Capital Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mills Tauren $107,500 Fatco
Federal National Mortgage Association -- None Available
Green Tree Servicing Llc $114,449 None Available
Bulldog Capital Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mills Tauren $80,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2016 07/27/16 Sold $107,500 -13.7% $59 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $124,500 -- $68 / 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 $4,411 $224,650 -- --
2023 $4,281 $218,110 $0 $0
2022 $4,036 $211,760 $0 $0
2021 $3,921 $205,600 $0 $0
2020 $3,807 $199,620 $0 $0
2019 $3,673 $193,810 $0 $0
2018 $3,267 $0 $0 $0
2017 $2,707 $0 $0 $0
2016 $2,579 $0 $0 $0
2015 $2,598 $0 $0 $0
2014 $2,514 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 700876

Willamette Valley MLS

APN: 587258