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2250 Electric Street Southeast

2250 Electric Street Southeast, Salem, OR 97302
Property in Southeast Salem
Sold Aug 16, 2016
$95,000
$213,750 by Civic Financial Services Llc
Mortgage Due Oct 01, 2051
Local assessors in Salem, OR have categorized 2250 Electric Street Southeast as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 6,970 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2250 Electric Street Southeast has a total of 910 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 260 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. The building has a hip style roof that was made of composition shingle. The home's baseboard heaters is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2250 Electric Street Southeast sold most recently in Aug 16, 2016 for a total of $95,000. If you work out the math, that's approximately a cost of $81.20 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,198 in taxes each year. The initial year of tax delinquency occurred in 2021. 2250 Electric Street Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $115,220. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 260
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,170
  • Gross Building Area: 1,170
  • Building Area: 910
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 910
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEW HAVEN AMENDED PLAT IN SALEM
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NEW HAVEN AMENDED PLAT IN SALEM BLOCK 8 LOT 1 ACRES 0.16

Ownership

  • Current Owner : OWEN TROY
  • Previous Owner : WYLIE PENNY
  • Previous Owner 2: BRINLEE DONNA J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Salem-Keizer School District 24J
  • School Tax School District: SALEM-KEIZER
  • Census Tract: 001000

Zoning

  • Zoning: IG

Geography

  • Account Number: 583548
  • Parcel: 583548
  • Block: 8
  • Lot: 1
  • Meridian: SEC 35 TWN 07S RNG 03W
  • Latitude: 44.9201
  • Longitude: -123.016

    Address

  • Full Address: 2250 Electric St Se
  • Address - House Number: 2250
  • Street Segment Direction: SE
  • Address - Street Name: Electric
  • Address - Suffix Type: St
  • State: OR
  • City Name: Salem
  • Carrier Code: C014
  • 4-Digit Zip Code: 1227
  • Zip Code: 97302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,198
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 24010

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 283,975
  • High Value: 329,299
  • Low Value: 238,651

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,750
  • First Open Lien Mortgage Lender: CIVIC FINANCIAL SERVICES LLC
  • First Open Lien Mortgage Recording Date: Sep 30, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $213,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $228,650
  • Market Land Value: $87,500
  • Market Improvement Value: $141,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,220

    Sales

  • Current Sale Contract Date: Aug 16, 2016
  • Current Sale Recording Date: Aug 16, 2016
  • Current Sale Transaction ID: 1741210650
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WADE OLTMANNS ETUX
  • First Mortgage Transaction Date: Aug 16, 2016
  • First Mortgage Loan Amount: $95,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 16, 2046

About Southeast Salem



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 4,288 ft²
Listing by Pinchas Vaknine

Frequently Asked Questions

What neighborhood is 2250 Electric Street Southeast located in?
The 2250 Electric Street Southeast is a located in the neighborhood of Southeast Salem in Southeast Salem, Salem.
What is the average sales price for listings in 2250 Electric Street Southeast?
The average sales price for units in 2250 Electric Street Southeast is $0 currently.

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