NOT LISTED FOR SALE

Estimated Value: $236,430 - $331,000

2 Beds
2 Baths
2,196 Sq Ft
$120/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $235,500 $107 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,715/month

4 Days on Market

Highlights

  • Covered Deck
  • Territorial View
  • Heating Available

About This Home

As of November 2024

Wonderful opportunity to own a 2 apartment home on a corner lot. Apt 1 is the bigger of the two with an upstairs primary, main level kitchen w/pantry, dining area, office area, bathroom, LR & inside access to the basement for laundry. Apt 2 has a primary w/ensuite, kitchen & LR & outside access to laundry area. Apts come with a range & refrigerator. Apts have separate PGE meters. 2 hot water heaters in basement. Single car garage. Separate driveway areas. Conveniently located near the Salem fairgrounds.

Last Listed By

LAURA GREGORY

ELITE REALTY GROUP License #201213245 Listed on: 11/07/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,886

Year Built

  • Built in 1925

Lot Details

  • 4,792

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Shake Siding

Interior Spaces

  • 2,196 Sq Ft Home
  • Territorial Views
  • Electric Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Schools

  • Grant Elementary School
  • Parrish Middle School
  • North Salem High School

Utilities

  • Heating Available
  • Electric Water Heater

Additional Features

  • Covered Deck
  • 4,792 Sq Ft Lot
  • Accessory Dwelling Unit (ADU)

Community Details

  • 2 Units
  • Progress Add To Salem Subdivision

Listing and Financial Details

  • Tax Block 5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,886

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Adu - Integrated, Other (Refer To Remarks)
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Wonderful opportunity to own a 2 apartment home on a corner lot. Apt 1 is the bigger of the two with an upstairs primary, main level kitchen w/pantry, dining area, office area, bathroom, LR & inside access to the basement for laundry. Apt 2 has a primary w/ensuite, kitchen & LR & outside access to laundry area. Apts come with a range & refrigerator. Apts have separate PGE meters. 2 hot water heaters in basement. Single car garage. Separate driveway areas. Conveniently located near the Salem fairgrounds.
  • Cross Street: Warner St.
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerator: Refrigerator Included
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Basement: Daylight, Full, Unfinished
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 107.24
  • Price Per Sq Ft: 102.46

Exterior Features

  • Patio: Covered Deck, Deck
  • Roof: Composition, Shingle
  • Siding: Shake
  • View: Territorial

Utilities

  • Heating: Electric
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Schools

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

Lot Info

  • Acres: 0.11
  • Estimated Lot Sq Ft: 4792
  • Price Per Acre: 2045454.55
  • Property Use Type: Any Use–all The Following, Business, Investment, Vacant/Owner-User
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 586665
  • Tax Amount: 2886

Multi Family

  • Number Of Units: 2

MLS Schools

  • HighSchool: North Salem
  • Middle School: Parrish
  • Elementary School: Grant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Nov 20, 2024
Sold by
Foltyn Elizabeth J
Bought by
Ozerov Andrey
Seller's Agent
LAURA GREGORY
ELITE REALTY GROUP
Buyer's Agent
Unrepresented Buyer
NON-MEMBER SALE
List Price
$225,000
Sold Price
$235,500
Premium/Discount to List
$10,500
4.67%
Total Days on Market
4
Views
97
Current Estimated Value
$264,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,608
Avg. Annual Appreciation
29.15%

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
Ozerov Andrey $235,500 Ticor Title
Ozerov Andrey $235,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozerov Andrey $184,196
Previous Owner Foltyn Elizabeth J $61,000
Previous Owner Foltyn Elizabeth J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $235,500 +4.7% $107 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $225,000 -- $102 / 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 $2,886 $147,000 -- --
2023 $2,801 $142,720 $0 $0
2022 $2,641 $138,570 $0 $0
2021 $2,566 $134,540 $0 $0
2020 $2,491 $130,630 $0 $0
2019 $2,404 $126,830 $0 $0
2018 $2,446 $0 $0 $0
2017 $2,208 $0 $0 $0
2016 $2,103 $0 $0 $0
2015 $2,119 $0 $0 $0
2014 $2,051 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Similar Home in Salem, OR

  • 655 Mcnary Ave NW, Salem, OR 97304

    $339,000

    • 2 Beds
    • 2 Baths
    • 1,006 Sq Ft
    • 655 Mcnary Ave NW
    • Salem, OR

    Accepted Offer with Contingencies. Charming Duplex–Turnkey Investment or Owner-Occupy Opportunity! Adorable & updated duplex in West Salem location near services & amenities! Both units have been tastefully renovated w/LVP flooring throughout, new kitchen cabinets, appliances, fresh interior paint & more. Each unit includes stack washer/dryer, adding to tenant convenience. Separately metered

    Christine Folz REAL BROKER

    Section Image

Source: Willamette Valley MLS

MLS Number: 823069

Willamette Valley MLS

APN: 586665