$584,395
SOLD JAN 31, 2025

5225 Springcrest Dr S Unit 5227 Salem, OR 97306

Sunnyslope Neighborhood
-- Bed
-- Bath
3,126 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$187 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • No HOA
  • 4 Car Garage
  • Lap Siding
  • Zoned Heating and Cooling System

About This Home

As of January 2025

Conveniently located near Sprague High School, bus line, Keubler Blvd, and Kaiser Permanente, this duplex offers easy access to everything! Tucked in a quiet cul-de-sac with no through traffic, each unit features air conditioning on the main (top) level for year-round comfort. The third bedroom is located on the lower level, adding flexibility and space. Perfect for owner-occupants or investors seeking a well-located property with great potential!

Last Agent to Sell the Property

Dewey Whitton

The Salem Real Estate Group License #890200088 Listed on: 12/23/2024

Last Buyer's Agent

Dewey Whitton

The Salem Real Estate Group License #890200088 Listed on: 12/23/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,102

Year Built

  • Built in 1991

Lot Details

  • 6,098 Sq Ft Lot
  • Sloped Lot

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 3,126 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Natural lighting in basement

Schools

  • Liberty Elementary School
  • Crossler Middle School
  • Sprague High School

Utilities

  • Zoned Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 592363

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Springcrest Subdivision

Building Details

  • Operating Expense $6,102
  • Gross Income $16,800
  • Net Operating Income $10,698

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,102

Year Built

Built in 1991

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1991
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Finished
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding,VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Sloped
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Liberty
  • High School: Sprague
  • Middle Or Junior School: Crossler

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.14
  • Lot Size: Irreg.
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 592363

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6101.97

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 35.65
  • Annual Gross Income: 16800.0
  • Property Net Operating Income: 10698.0
  • Annual Operating Expense: 6102.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2024
Closed on
Jan 27, 2025
Sold by
Egby Phyllis E
Bought by
Fircrest Investments Llc
Seller's Agent
Dewey Whitton
The Salem Real Estate Group
Buyer's Agent
Dewey Whitton
The Salem Real Estate Group
List Price
$598,895
Sold Price
$584,395
Premium/Discount to List
-$14,500
-2.42%
Views
22
Current Estimated Value
$601,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,071
Avg. Annual Appreciation
3.74%

Purchase Details

Listed on
May 23, 2021
Closed on
Jul 26, 2021
Sold by
Moreland Wayne A and Moreland Evelyn J
Bought by
Egby Phyllis
Seller's Agent
RICK AND ANDE HOFMANN
HomeSmart Realty Group
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$573,500
Sold Price
$573,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
Original Mortgage
$480,250
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2007
Sold by
Moreland Wayne A and Moreland Evelyn J
Bought by
Moreland Wayne A and Moreland Evelyn 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 Type Sale Price Title Company
Personal Reps Deed $584,395 Fidelity National Title
Warranty Deed $573,500 Fidelity Natl Ttl Co Of Or
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $480,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $584,395 -2.4% $187 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/23/2024 12/23/24 For Sale $598,895 +4.4% $192 / Sq Ft
07/27/2021 07/27/21 Sold $573,500 0.0% $367 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/23/2021 05/23/21 For Sale $573,500 -- $367 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $6,102 $310,780 -- --
2023 $5,922 $301,730 $0 $0
2022 $5,584 $292,950 $0 $0
2021 $5,424 $284,420 $0 $0
2020 $5,429 $276,140 $0 $0
2019 $5,238 $268,100 $0 $0
2018 $5,171 $0 $0 $0
2017 $4,667 $0 $0 $0
2016 $4,445 $0 $0 $0
2015 $4,479 $0 $0 $0
2014 $4,334 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dewey Whitton

    Seller's Agent in 2025

    Dewey Whitton

    The Salem Real Estate Group

    (503) 949-3623

    18 in this area

    389 Total Sales

    Dewey Whitton
    Section Image
  • RICK AND ANDE HOFMANN

    Seller's Agent in 2021

    RICK AND ANDE HOFMANN

    HomeSmart Realty Group

    (503) 881-3888

    6 in this area

    78 Total Sales

    RICK AND ANDE HOFMANN
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24204973

Regional Multiple Listing Service (RMLS)

APN: 592363

Oregon Marion County Salem 97302 Sunnyslope

5225 Springcrest Dr S Unit 5227, Salem, OR

This home is located at 5225 Springcrest Dr S Unit 5227, Salem, OR 97306 and is currently priced at $584,395, approximately $186 per square foot. This property was built in 1991. 5225 Springcrest Dr S Unit 5227 is a home located in Marion County with nearby schools including Liberty Elementary School, Crossler Middle School, and Sprague High School.

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