$700,000
SOLD NOV 14, 2024

172 Salem Heights Ave S Unit 184 Salem, OR 97302

Faye Wright Neighborhood
8 Beds
4 Baths
3,456 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$203 Per Sq Ft

52 Days on Market

Highlights

  • Fenced Yard
  • Baseboard Heating
  • Carpet
  • Patio
  • Wood Siding

About This Home

As of November 2024

Back On Market! Well maintained Salem 4-Plex With Great Potential! Total Gross Income of $3900/month and increasing to $4300/month in 90 days. Brand New Roof & Gutters & Paint! Most Units Have Updates Including Interior Paint, Vinyl Flooring, & New Water Heaters. Landlord Pays For Water, Sewer, & Trash. Tenants Pay All Other Utilities. Great Rental History & Perfect Property For Owner Occupier or Seasoned Landlord. Showings With An Accepted Offer Only!

Last Agent to Sell the Property

Dan Gandee

REAL BROKER License #201235300

REAL BROKER

Co-Listed By

SETH CORY

REAL BROKER License #201251045

Last Buyer's Agent

Sabrina James

SMI REAL ESTATE License #201246910

SMI REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,308

Year Built

  • Built in 1977

Home Design

  • 3,456 Sq Ft Home
  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • Lap Siding
  • T111 Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Electric Range
  • Washer and Dryer Hookup
  • Patio
  • Fenced Yard

Listing and Financial Details

  • Exclusions: Any Tenant Owned Appliances

Community Details

Overview

  • 4 Units

Building Details

  • Trash Expense $1,200
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,308

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Back On Market! Well maintained Salem 4-Plex With Great Potential! Total Gross Income of $3900/month and increasing to $4300/month in 90 days. Brand New Roof & Gutters & Paint! Most Units Have Updates Including Interior Paint, Vinyl Flooring, & New Water Heaters. Landlord Pays For Water, Sewer, & Trash. Tenants Pay All Other Utilities. Great Rental History & Perfect Property For Owner Occupier or Seasoned Landlord. Showings With An Accepted Offer Only!
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: Any Tenant Owned Appliances
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 202.55
  • Price Per Sq Ft: 202.55

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous, Pier
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap, T111

Utilities

  • Heating: Baseboard
  • Water: City
  • Water Heater: Electric
  • Garbage: 1200
  • Sewer: City
  • Water/Sewer: 1800

Lot Info

  • Lot Type: Common Area
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: 573139
  • Tax Amount: 5308

Multi Family

  • Unit Types: Town Home
  • 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
11/14/2024 11/14/24 Sold $700,000 0.0% $203 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $699,999 0.0% $203 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $699,999 -- $203 / 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
2024 $5,470 $278,590 -- --
2023 $5,309 $270,480 $0 $0
2022 $5,005 $262,610 $0 $0
2021 $4,863 $254,970 $0 $0
2020 $6,346 $247,550 $0 $0
2019 $4,555 $240,340 $0 $0
2018 $4,635 $0 $0 $0
2017 $4,184 $0 $0 $0
2016 $3,985 $0 $0 $0
2015 $4,015 $0 $0 $0
2014 $3,886 $0 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Closed $525,000 New Conventional
Previous Owner $240,000 Unknown
Previous Owner $80,332 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $700,000 First American Title
Warranty Deed $700,000 First American Title
Bargain Sale Deed -- First American Title
Source: Public Records

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Source: Willamette Valley MLS

MLS Number: 820417

Willamette Valley MLS

APN: 573139