$739,000
SOLD DEC 20, 2024
8 Beds
4 Baths
2,880 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$257 Per Sq Ft

1% Above List Price

16 Days on Market

About This Home

As of December 2024

Very well maintained 4-plex in NW Salem. All units are 2 bed / 1 bath and roughly 720 SF. Three of the four units are rented at $1300, $1350, $1295 with the fourth being held vacant for showings. Recent upgrades include counters, flooring, vanities, paint and freshly striped parking lot. Onsite laundry and 6 off-street parking stalls. Member of the property ownership entity is a Licensed Real Estate Broker in the State of Oregon.

Last Agent to Sell the Property

Eric Swanson

SMI REAL ESTATE License #201221479

SMI REAL ESTATE

Last Buyer's Agent

Eric Fiskum

RE/MAX INTEGRITY - SALEM License #990500138

RE/MAX INTEGRITY - SALEM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,975

Year Built

  • Built in 1967

Home Design

  • 2,880 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 7,841 Sq Ft Lot
  • Electric Water Heater

Listing and Financial Details

  • Tax Block 2

Community Details

Overview

  • 4 Units
  • Kingwood Park Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,975

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Syndicated Remarks: Very well maintained 4-plex in NW Salem. All units are 2 bed / 1 bath and roughly 720 SF. Three of the four units are rented at $1300, $1350, $1295 with the fourth being held vacant for showings. Recent upgrades include counters, flooring, vanities, paint and freshly striped parking lot. Onsite laundry and 6 off-street parking stalls. Member of the property ownership entity is a Licensed Real Estate Broker in the State of Oregon.
  • Cross Street: Rosemont, Kingwood
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Laundry: Laundry Center
  • Price Per Sq Ft: 256.6
  • Price Per Sq Ft: 253.13

Utilities

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

Lot Info

  • Acres: 0.18
  • Price Per Acre: 4050000
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 23
  • Tax Account Number: 260738
  • Tax Amount: 4975

Multi Family

  • Unit Types: Flat
  • Number Of Units: 4

Map

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

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $739,000 +1.4% $257 / Sq Ft
12/04/2024 12/04/24 For Sale $729,000 +158.5% $253 / Sq Ft
08/19/2016 08/19/16 Sold $282,000 -9.0% $98 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $309,900 -- $108 / Sq Ft
Source: Willamette Valley MLS

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 $5,123 $280,000 $69,220 $210,780
2024 $5,123 $271,850 $67,200 $204,650
2023 $4,974 $263,940 $65,250 $198,690
2022 $4,815 $256,260 $63,350 $192,910
2021 $4,678 $248,800 $61,500 $187,300
2020 $4,539 $241,560 $59,710 $181,850
2019 $4,381 $234,530 $57,970 $176,560
2018 $4,308 $227,700 $56,280 $171,420
2017 $3,882 $221,070 $54,640 $166,430
2016 $3,790 $214,640 $53,050 $161,590
2015 -- $206,650 $46,200 $160,450
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 New Conventional
Previous Owner $283,185 FHA
Previous Owner $180,000 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $665,000 Ticor Title
Sheriffs Deed $192,617 None Available
Special Warranty Deed $282,000 First American
Sheriffs Deed $192,617 None Available
Quit Claim Deed -- None Available
Warranty Deed $310,000 First American Title
Special Warranty Deed $222,325 First American Title
Source: Public Records

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Source: Willamette Valley MLS

MLS Number: 823651

Willamette Valley MLS

APN: 260738