$795,700 Price Analysis    ♡   Salem, OR 97301 20 bed 15 bath unknown SqFt ($0/SqFt) 0.29 acre lot. Built 1948 Listed 2024-04-15, Taxes $2,014 | Ⓧ USDA Ineligible due to price & location near Salem |
5 separate units
On 3 parcels. Four 1 bedroom, 1 bath cottages on 2 tax lots, 577-585 sqft each, many updates done to these cottages. Plus a 2 bedroom, 1 bath home with a full basement with potential to finish off for mor sqft and an attached single car garage, with a 3 car detached garage on same tax lot.
All 5 units are occupied with long term tenants and tenants maintain the grounds and pay all utilities.
Presented by Meredith Branstetter-Wertz at
SILVERTON REALTY, INC.
Property MLS #24053767 from RMLS
Heating Fuel: Electricity, Gas
Heating: Yes
Lot Size Acres: 0.29
Lot Size Square Feet: 12632
Parking Features: Garage, OnStreet
High School: North Salem
Middle School: Parrish
Map directions Map directions Map directions Map directionsUnit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Annual Tax Amount: 6943
Source Listing Status: Active
County: Marion
Cap Rate: 3.09
Directions: Take Market St W, then a left on Church Street, properties on the Corner of Church and E St.
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: 566786
Zoning: RS
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $105,690 | $2,014 |
| 2021 | $unknown + $unknown $102,620 | $1,957 |
| 2020 | $unknown + $unknown $99,640 | $1,900 |
| 2019 | $unknown + $unknown $96,740 | $1,833 |
| 2018 | $unknown + $unknown $93,930 | $1,865 |
| 2017 | $unknown + $unknown $91,200 | $1,684 |
| 2016 | $unknown + $unknown $88,550 | $1,604 |
| 2015 | $unknown + $unknown $85,980 | $1,616 |
| 2014 | $unknown + $unknown $83,480 | $1,564 |
| 2013 | $unknown + $unknown $81,050 | $1,532 |
| 2012 | $unknown + $unknown $78,690 | $1,495 |
| 2011 | $unknown + $unknown $76,400 | $1,430 |
| 2010 | $unknown + $unknown $74,180 | $1,372 |
| 2009 | $unknown + $unknown $72,020 | $1,280 |
| 2008 | $unknown + $unknown $69,930 | $1,280 |
| 2007 | $unknown + $unknown $67,900 | $1,240 |
$795,700
RMLS
Listed 2024-04-15
$847,000
RMLS
Listing removed 2010-12-10
$375,000
Willamette
Listing removed 2010-11-13
$375,000
RMLS
Listed 2010-06-11
$375,000
Willamette
Listed 2010-06-07
$375,000
RMLS
Sold 1993-06-30
$77,400
Public Record
Operating Expense: 10668
Building Exterior Type: LapSiding, ShakeSiding
Foundation Details: ConcretePerimeter
Property Age: 76
Property Condition: Approximately
Roof: Composition
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.