Sold for $195,000

Listed by: Knipe Realty Era Powered • ANGIE KARP • Contact: Direc: 503-881-1144

Bought with: Exp Realty, Llc

$195,000

2550 5th St NE, Salem, OR 97301

1beds

814sqft

Single Family Residence

Built in 1950

3,750 Square Feet Lot

$285,800 Zestimate^®

$240/sqft

$1,590 Estimated rent

Home value

$285,800

$263,000 - $306,000

$1,590/mo

Zestimate^® history

Owner options

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$1,590/mo

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$1,590/mo

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$1,236/mo

Est. payment

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$1,236/mo

Est. payment

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What's special

Great opportunity for sweat equity or investor with this fixer on a large corner lot. Cute simple floor plan above the garages. Quaint kitchen with corner dining area, living room, 1 bed & 1 bath, with deck overlooking the yard. Could easily add a bedroom and bathroom downstairs in one of the garage bays and off laundry room area. Covered patio area/front walk under deck. Property sold as-is. FYI.. this is not a duplex. :-D

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Features

Has fireplace: No

Interior area

Total structure area: 814
Total interior livable area: 814 sqft

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Levels: Two
Stories: 2

Lot

Size: 3,750 Square Feet

Details

Parcel number: 571904
Zoning: RSFR

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1950

Community & HOA

Community

Subdivision: Eddys Addition

Location

Region: Salem

Financial & listing details

Price per square foot: $240/sqft
Tax assessed value: $295,270
Annual tax amount: $1,823
Price range: $195K - $195K
Date on market: 2/14/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Price history

Date	Event	Price
10/27/2023	Sold	$195,000-2.5%$240/sqft
Source: WVMLS #810334 Report a problem
10/13/2023	Contingent	$199,900$246/sqft
Source: WVMLS #810334 Report a problem
10/10/2023	Listed for sale	$199,900$246/sqft
Source: WVMLS #810334 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,082 +7.8%	$101,350 +3%
2024	$1,932 +3%	$98,400 +6.1%
2023	$1,875 +2.9%	$92,760
2022	$1,823 +2.9%	$92,760 +3%
2021	$1,771 +3%	$90,060 +6.1%
2020	$1,719 +3.6%	$84,900
2019	$1,659 +1.3%	--
2018	$1,637	--
2017	$1,637 +16.3%	--
2016	$1,408	--
2015	$1,408 +2.5%	--
2014	$1,373 +4.6%	--
2013	$1,312	--
2012	$1,312 +4.5%	--
2011	$1,255 +4.2%	$67,040 +6.1%
2010	$1,204 +1.1%	$63,200
2009	$1,191 +6%	$63,200 +3%
2008	$1,124 +3.3%	$61,360
2007	$1,088 +1.7%	--
2006	$1,071 +2%	--
2005	$1,049 -0.4%	--
2004	$1,054 +4.8%	--
2003	$1,005 +2.5%	--
2002	$981 +3.1%	--
2001	$952 +3.2%	--
2000	$922	--