$699,900
SOLD FEB 18, 2025

255 S Southview Place Salem, OR 97302

South Salem Neighborhood
-- Bed
-- Bath
1,958 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$357 Per Sq Ft

47 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Lap Siding
  • 2 Car Garage
  • Level Lot
  • 1-Story Property

About This Home

As of February 2025

Fully renovated 3 bedroom, 2 bath home with an oversized 2 car garage & a brand-new 843 SF 2 bedroom, 1 bath ADU featuring a spacious living room with a bay window. ADU to be completed prior to closing. The main home includes a large bonus area upstairs, perfect for an office or additional bedroom. Updates include a new roof, siding, paint, luxury vinyl plank flooring, a modern kitchen w/new cabinets, and upgraded electrical and plumbing. Located in the sought after Candalaria school district.

Last Agent to Sell the Property

Chris Forrette

Coldwell Banker Mountain West Brokerage Email: coldwellbanker@cboregon.com License #990400134

Coldwell Banker Mountain West

Last Buyer's Agent

Konni Ditgen

eXp Realty LLC License #201216148

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,038

Year Built

  • Built in 1946

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,958 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

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

Utilities

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

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 592209

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,348
  • Gross Income $51,600
  • Net Operating Income $43,252

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,038

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1946
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 6.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,DSL
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Candalaria
  • High School: South Salem
  • Middle Or Junior School: Leslie

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0
  • Parcel #: 592209

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3038.39

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.56
  • Annual Gross Income: 51600.0
  • Property Net Operating Income: 43252.0
  • Annual Operating Expense: 8348.0

Map

Range of Values:

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Average Value
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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
02/18/2025 02/18/25 Sold $699,900 0.0% $628 / Sq Ft
02/18/2025 02/18/25 Sold $699,900 0.0% $357 / Sq Ft
01/19/2025 01/19/25 Pending -- -- --
01/19/2025 01/19/25 Pending -- -- --
12/03/2024 12/03/24 For Sale $699,900 0.0% $628 / Sq Ft
12/03/2024 12/03/24 For Sale $699,900 -- $357 / 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
2024 $3,038 $154,750 -- --
2023 $2,949 $150,250 $0 $0
2022 $2,781 $145,880 $0 $0
2021 $2,701 $141,640 $0 $0
2020 $2,704 $137,520 $0 $0
2019 $2,609 $133,520 $0 $0
2018 $2,575 $0 $0 $0
2017 $2,324 $0 $0 $0
2016 $2,214 $0 $0 $0
2015 $2,231 $0 $0 $0
2014 $1,848 $0 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $314,204 FHA
Previous Owner $114,041 New Conventional
Previous Owner $112,917 FHA
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $699,900 First American Title
Special Warranty Deed $241,000 First American Title
Special Warranty Deed -- None Listed On Document
Deed $198,000 Ticor Title
Warranty Deed $320,000 Ticor Title
Warranty Deed $320,000 Ticor Title
Warranty Deed $115,000 Fatco
Warranty Deed $115,000 First American
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24245653

Regional Multiple Listing Service (RMLS)

APN: 592209