NOT LISTED FOR SALE

4001 12th St Cut Off SE Unit 50 Salem, OR 97302

Morningside Neighborhood

Estimated Value: $251,905 - $277,000

2 Beds
3 Baths
1,018 Sq Ft
$292/mo HOA Fee

Last Sold December 18, 2020

Last sale price $185,000 $182 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,027/month

2 Days on Market

Highlights

  • Waterfront
  • 1 Fireplace
  • Detached Garage
  • Deck
  • Ground Level Unit
  • Views

About This Home

As of December 2020

Cute, well kept South Salem condo featuring 2 bedrooms and 1.5 bathrooms. Open concept kitchen and living room includes dining area space. Cozy gas fireplace! Lots of natural light from large skylights. Sit on the back deck and enjoy the creek. All appliances included. HOA fee is $292 per month and covers water, sewer, trash, grounds maintenance, exterior repairs, and exterior insurance (exterior and flood, no additional flood insurance required for the buyer).

Last Listed By

Jaimie Sanchez

Realty One Group Willamette Valley License #201213952 Listed on: 11/12/2020

Realty One Group Willamette Valley

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,107

Year Built

  • Built in 1991

Lot Details

  • 871

HOA Fees

  • $292 per month

Parking

  • Detached Garage
  • Carport

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Vinyl Clad Windows
  • Property Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Municipal Trash
  • High Speed Internet

Additional Features

  • Deck
  • Waterfront
  • Ground Level Unit

Community Details

  • Maintained Community
  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,107

Year Built

Built in 1991

Lot Details

0

HOA Fees

$292 per month

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: 2 Story
  • Sq Ft Calculated: 1018
  • Sq Ft Approximate Total: 1018
  • Stories: 2
  • Year Built: 1991
  • Property Condition: Resale
  • Remarks Public: Cute, well kept South Salem condo featuring 2 bedrooms and 1.5 bathrooms. Open concept kitchen and living room includes dining area space. Cozy gas fireplace! Lots of natural light from large skylights. Sit on the back deck and enjoy the creek. All appliances included. HOA fee is $292 per month and covers water, sewer, trash, grounds maintenance, exterior repairs, and exterior insurance (exterior and flood, no additional flood insurance required for the buyer).
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • All Room Features: Fireplace
  • Main Level Bathrooms: 1.1
  • Total Bathrooms: 2.1
  • Floor Plan: 2 floors
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Wall to Wall Carpet, Vinyl Floor
  • Kitchen Appliances: Dishwasher, Disposal, Gas Appliances
  • Legal Description: BROOKSIDE TOWNE HOMES CONDOMINIUMS, LOT UNIT 50
  • Sq Ft Main Level: 501
  • Upper Level Sq Ft: 517
  • Bedrooms: 2
  • Master Bedroom: On Level: Upper,Dimensions: 15x11
  • Bedroom 2: On Level: Upper,Dimensions: 11x10
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Living Room: Features: Fireplace,On Level: Main,Dimensions: 15x21
  • Kitchen: On Level: Main,Dimensions: 9x12
  • Bathrooms Main Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3
  • Bathrooms Upper Level Full: 1
  • Window Features: Vinyl Frames

Exterior Features

  • Deck Available: Yes
  • Total Levels: 2
  • Total Number of Units: 54
  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Roof Type: Composition
  • View: Territorial, Creek/Stream
  • Waterfront Description: Creek
  • Waterfront: Yes
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Concrete, Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Detached
  • Parking Description: Carport

Utilities

  • Condo Washer Dryer: Hookup Available
  • Fuel Description: Electricity, Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Internet Service Type: Wireless

Condo/Co-op/Association

  • Storage Available: Yes
  • HOA Fees: 292
  • Condo Garage Type: Deeded
  • Condo Parking Space No: 50
  • Condo Storage Unit No: f
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Unit Location: Main Level
  • Association Amenities: Exterior Maintenance, Trash, Sewer, Water, Maintenance Grounds

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Lot Description: Commons
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 2668.00
  • Assessor Parcel Number: R340421
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Dec 18, 2020
Sold by
Joseph Samantha
Bought by
Kirchner Jeanette
Seller's Agent
Jaimie Sanchez
Realty One Group Willamette Valley
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$180,000
Sold Price
$185,000
Premium/Discount to List
$5,000
2.78%
Total Days on Market
2
Current Estimated Value
$264,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,453
Avg. Annual Appreciation
9.95%
Original Mortgage
$148,000
Outstanding Balance
$134,468
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$145,061

Purchase Details

Closed on
May 4, 2015
Sold by
Joseph Samantha and Sawyer Samantha
Bought by
Joseph Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,400
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2008
Sold by
Brookside Garden Towne Homes Llc
Bought by
Sawyer Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,450
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

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
Kirchner Jeanette $185,000 Ticor Title Company Of Or
Joseph Samantha -- Nationallink
Sawyer Samantha $157,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirchner Jeanette $148,000
Previous Owner Joseph Samantha $131,400
Previous Owner Sawyer Samantha $133,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $185,000 +2.8% $182 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $180,000 -- $177 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $3,107 $158,260 -- $158,260
2023 $3,016 $153,660 $0 $153,660
2022 $2,844 $149,190 $0 $0
2021 $2,762 $144,850 $0 $0
2020 $2,682 $140,640 $0 $0
2019 $2,588 $136,550 $0 $0
2018 $2,628 $0 $0 $0
2017 $2,353 $0 $0 $0
2016 $2,019 $0 $0 $0
2015 $1,993 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20130091

Regional Multiple Listing Service (RMLS)

APN: 340421