NOT LISTED FOR SALE

Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $515,000 - $589,000

4 Beds
3 Baths
2,210 Sq Ft
$253/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $520,000 $235 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,322/month

49 Days on Market

Highlights

  • Detached Garage
  • Fireplace
  • Air Conditioning
  • Cul-De-Sac

About This Home

As of January 2022

Amazing Investment Opportunity! Completely remodeled units with new: roof, windows, siding, gutters, garage doors & openers, all new cabinets - kitchen & Bath, new toilets, all new lights, flooring, paint interior & exterior to list a few. Both units have large, fully fenced backyard, AC units, back patios, Wood FP - super cozy and well taken care of inside & out. Landlord pays for Water/sewer only. Both units are rented to family/friend for minimal rent but Fair market rent in the area is $1800

Last Agent to Sell the Property

Natalie Rybakov

HomeSmart Realty Group License #200610196 Listed on: 11/15/2021

HomeSmart Realty Group

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • Cul-De-Sac

Parking

  • Detached Garage

Interior Spaces

  • Fireplace
  • Dishwasher

Utilities

  • Air Conditioning
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2210
  • Year Built: 1977
  • Property Condition: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: BAXTER PARK LOT 15 BLK 1

Exterior Features

  • Lot Size: 7K-9,999SF
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Detached, Garage

Utilities

  • Fuel Description: Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Refrigerator, Air Conditioning

Lot Info

  • Lot Description: Cul-de-sac
  • Zoning: RM2
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 3549.92
  • Assessor Parcel Number: R66264
  • Tax Year: 2020

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2

MLS Schools

  • Middle School: Judson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Jan 10, 2022
Sold by
Polkhovskiy Aleksandr A and Polkhovskiy Tatyana
Bought by
Padilla Adan and Padilla Erika Lizeth
Seller's Agent
Natalie Rybakov
HomeSmart Realty Group
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$549,900
Sold Price
$520,000
Premium/Discount to List
-$29,900
-5.44%
Current Estimated Value
$559,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,084
Avg. Annual Appreciation
1.74%
Original Mortgage
$479,242
Outstanding Balance
$439,930
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$119,154

Purchase Details

Closed on
May 3, 2021
Sold by
Polkhovskiy Aleksandr A and Polkhovskiy Tatyann
Bought by
Polkhovskiy Aleksandr A and Polkhovskiy Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2018
Closed on
Dec 13, 2018
Sold by
Viramontes Aurelio
Bought by
Polkhovskly Aleksandr A and Polkhovskly Tatyana
Seller's Agent
Francisco Garcia
Coldwell Banker Mountain West
Buyer's Agent
Natalie Rybakov
HomeSmart Realty Group
List Price
$288,000
Sold Price
$280,000
Premium/Discount to List
-$8,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$210,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2007
Sold by
Poton Mirian
Bought by
Viramontes Aurelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,550
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2005
Sold by
Lenard Eugene R
Bought by
Poton Mirian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 15, 2003
Sold by
Phipps Miriam J
Bought by
Lenard Eugene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,679
Interest Rate
5.29%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Padilla Adan $520,000 Fidelity National Title
Polkhovskiy Aleksandr A -- Lawyers Title Of Or Llc
Polkhovskiy Aleksandr A -- Lawyers Title
Polkhovskly Aleksandr A $280,000 Fidelity National Title
Viramontes Aurelio $229,000 First American
Poton Mirian $225,000 First American
Lenard Eugene R $146,950 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Adan $479,242
Previous Owner Polkhovskiy Aleksandr A $315,000
Previous Owner Polkhovskly Aleksandr A $210,000
Previous Owner Viramontes Aurelio $217,550
Previous Owner Poton Mirian $213,750
Previous Owner Lenard Eugene R $144,679
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2022 01/14/22 Sold $520,000 -5.4% $235 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
11/15/2021 11/15/21 For Sale $549,900 +96.4% $249 / Sq Ft
12/14/2018 12/14/18 Sold $280,000 -2.8% $253 / Sq Ft View Prior Sale
12/10/2018 12/10/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $288,000 -- $261 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2025 $4,567 $239,590 -- --
2024 $4,567 $232,620 -- --
2023 $4,433 $225,850 $0 $0
2022 $4,180 $219,280 $0 $0
2021 $3,656 $191,730 $0 $0
2020 $3,660 $186,150 $0 $0
2019 $3,425 $180,730 $0 $0
2018 $3,486 $0 $0 $0
2017 $3,146 $0 $0 $0
2016 $2,997 $0 $0 $0
2015 $3,019 $0 $0 $0
2014 $2,922 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Natalie Rybakov

    Seller's Agent in 2022

    Natalie Rybakov

    HomeSmart Realty Group

    (503) 990-2782

    14 in this area

    141 Total Sales

    Natalie Rybakov
    Section Image
  • Francisco Garcia

    Seller's Agent in 2018

    Francisco Garcia

    Coldwell Banker Mountain West

    1 in this area

    57 Total Sales

    Francisco Garcia
    Section Image
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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21435663

Regional Multiple Listing Service (RMLS)

APN: 566264

Oregon Marion County Salem 97306

South Gateway

Not Listed for Sale

MultiFamily

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