$584,395
SOLD JAN 31, 2025

5225 Springcrest Dr S Unit 5227 Salem, OR 97306

Sunnyslope Neighborhood
-- Bed
-- Bath
3,126 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$187 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • No HOA
  • 4 Car Garage
  • Lap Siding
  • Zoned Heating and Cooling System

About This Home

As of January 2025

Conveniently located near Sprague High School, bus line, Keubler Blvd, and Kaiser Permanente, this duplex offers easy access to everything! Tucked in a quiet cul-de-sac with no through traffic, each unit features air conditioning on the main (top) level for year-round comfort. The third bedroom is located on the lower level, adding flexibility and space. Perfect for owner-occupants or investors seeking a well-located property with great potential!

Last Agent to Sell the Property

Dewey Whitton

The Salem Real Estate Group License #890200088

Last Buyer's Agent

Dewey Whitton

The Salem Real Estate Group License #890200088

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,102

Year Built

  • Built in 1991

Lot Details

  • 6,098 Sq Ft Lot
  • Sloped Lot

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 3,126 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Natural lighting in basement

Schools

  • Liberty Elementary School
  • Crossler Middle School
  • Sprague High School

Utilities

  • Zoned Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 592363

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Springcrest Subdivision

Building Details

  • Operating Expense $6,102
  • Gross Income $16,800
  • Net Operating Income $10,698

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,102

Year Built

Built in 1991

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1991
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Finished
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding,VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Sloped
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Liberty
  • High School: Sprague
  • Middle Or Junior School: Crossler

Lot Info

  • Zoning: RM2
  • Lot Size Acres: 0.14
  • Lot Size: Irreg.
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 592363

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6101.97

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 35.65
  • Annual Gross Income: 16800.0
  • Property Net Operating Income: 10698.0
  • Annual Operating Expense: 6102.0

Map

Range of Values:

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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
01/31/2025 01/31/25 Sold $584,395 -2.4% $187 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/23/2024 12/23/24 For Sale $598,895 +4.4% $192 / Sq Ft
07/27/2021 07/27/21 Sold $573,500 0.0% $367 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/23/2021 05/23/21 For Sale $573,500 -- $367 / 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 $6,102 $310,780 -- --
2023 $5,922 $301,730 $0 $0
2022 $5,584 $292,950 $0 $0
2021 $5,424 $284,420 $0 $0
2020 $5,429 $276,140 $0 $0
2019 $5,238 $268,100 $0 $0
2018 $5,171 $0 $0 $0
2017 $4,667 $0 $0 $0
2016 $4,445 $0 $0 $0
2015 $4,479 $0 $0 $0
2014 $4,334 $0 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $480,250 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Personal Reps Deed $584,395 Fidelity National Title
Warranty Deed $573,500 Fidelity Natl Ttl Co Of Or
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24204973

Regional Multiple Listing Service (RMLS)

APN: 592363