NOT LISTED FOR SALE

Estimated Value: $295,000 - $340,441

2 Beds
1 Bath
900 Sq Ft
$363/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $332,900 $370 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,957/month

55 Days on Market

Highlights

  • Territorial View
  • Fenced Yard
  • 1-Story Property
  • Mud Room
  • Patio
  • Luxury Vinyl Plank Tile Flooring

About This Home

As of November 2024

Step into this fully remodeled 2-bed cottage, appraised at $365K, where modern upgrades meet timeless charm! Boasting new roof, windows, forced air & AC, flooring, siding, & plumbing, this home is move-in ready. Vaulted ceilings & open-concept layout create a warm, inviting space filled w/ natural light. The spacious laundry/mud room leads to a fully fenced backyard, offering privacy & potential for an ADU. Located near downtown Salem, this gem is a thriving Airbnb. One owner is a licensed Oregon broker.

Last Listed By

Linda Clemente

HOMESMART REALTY GROUP License #201217160 Listed on: 08/29/2024

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,622

Year Built

  • Built in 1944

Lot Details

  • 6,186 Sq Ft Lot
  • Lot Dimensions are 50 x 124
  • Fenced Yard
  • Irregular Lot

Home Design

  • Shingle Roof
  • Lap Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Mud Room
  • Luxury Vinyl Plank Tile Flooring
  • Territorial Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Bush Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Patio
  • Flood Zone Lot

Community Details

  • Yew Park Annex #2 Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 21

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,622

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Step into this fully remodeled 2-bed cottage, appraised at $365K, where modern upgrades meet timeless charm! Boasting new roof, windows, forced air & AC, flooring, siding, & plumbing, this home is move-in ready. Vaulted ceilings & open-concept layout create a warm, inviting space filled w/ natural light. The spacious laundry/mud room leads to a fully fenced backyard, offering privacy & potential for an ADU. Located near downtown Salem, this gem is a thriving Airbnb. One owner is a licensed Oregon broker.
  • Cross Street: 12th
  • Year Built: 1944
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: All furnishings with acceptable offer
  • Flooring: Luxury Vinyl Plank
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Bonus Rooms: Mudroom
  • Price Per Sq Ft: 369.89
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 366.56

Exterior Features

  • Patio: Patio
  • Exterior Color: White
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Roof: Shingle
  • Siding: Fiber Cement
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Electric, Central Ac, Forced Air
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

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

Lot Info

  • Acres: 0.14
  • Estimated Lot Dimensions: 50 x 124
  • Estimated Lot Sq Ft: 6186
  • Flood Plain: Yes
  • Lot: 16
  • Lot Type: Irregular
  • Price Per Acre: 2356428.57
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: 596930
  • Tax Amount: 1622

MLS Schools

  • HighSchool: South Salem
  • Middle School: Leslie
  • Elementary School: Bush

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Nov 13, 2024
Sold by
Salem Oregon Rentals Llc
Bought by
Manzo Sofia and Mateos Jonathan Morales
Seller's Agent
Linda Clemente
HOMESMART REALTY GROUP
Buyer's Agent
VANESA BAUTISTA
EXP REALTY, LLC
List Price
$359,000
Sold Price
$332,900
Premium/Discount to List
-$26,100
-7.27%
Total Days on Market
55
Views
72
Current Estimated Value
$326,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,540
Avg. Annual Appreciation
-4.41%
Original Mortgage
$332,250
Outstanding Balance
$330,617
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
-$4,257

Purchase Details

Closed on
Jan 11, 2024
Sold by
Schmidt Marissa and Reutov Michael
Bought by
Salem Oregon Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,250
Interest Rate
1.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2023
Closed on
Sep 14, 2023
Sold by
Miller Michelle and Clinton Vera Na Lean
Bought by
Schmidt Marissa and Reutov Michael
Seller's Agent
Brian Smith
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Sanita Alic
ARNAUT REALTY LLC
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Views
1304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.71%
Original Mortgage
$175,965
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2015
Sold by
Clinton Joseph F
Bought by
Clinton Vera N and Clinton Naleen

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
Manzo Sofia $332,900 Amerititle
Manzo Sofia $332,900 Amerititle
Salem Oregon Rentals Llc -- Amerititle
Salem Oregon Rentals Llc -- Amerititle
Schmidt Marissa $170,000 Amerititle
Clinton Vera N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manzo Sofia $332,250
Closed Manzo Sofia $332,250
Previous Owner Salem Oregon Rentals Llc $237,250
Previous Owner Schmidt Marissa $175,965
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $332,900 +0.9% $370 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/17/2024 10/17/24 Price Changed $329,900 -2.9% $367 / Sq Ft
10/09/2024 10/09/24 Price Changed $339,900 -1.5% $378 / Sq Ft
09/26/2024 09/26/24 Price Changed $345,000 -1.4% $383 / Sq Ft
09/10/2024 09/10/24 Price Changed $350,000 -0.8% $389 / Sq Ft
08/29/2024 08/29/24 Price Changed $353,000 -1.7% $392 / Sq Ft
08/29/2024 08/29/24 For Sale $359,000 +111.2% $399 / Sq Ft
09/19/2023 09/19/23 Sold $170,000 -5.5% $227 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $179,900 -- $240 / 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 $1,671 $85,100 -- --
2023 $1,622 $82,630 $0 $0
2022 $1,529 $80,230 $0 $0
2021 $1,486 $77,900 $0 $0
2020 $1,443 $75,640 $0 $0
2019 $1,392 $73,440 $0 $0
2018 $1,417 $0 $0 $0
2017 $1,279 $0 $0 $0
2016 $1,218 $0 $0 $0
2015 $1,227 $0 $0 $0
2014 $1,188 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Willamette Valley MLS

MLS Number: 820929

Willamette Valley MLS

APN: 596930