3440 Hawthorne Av Salem, OR 97301

SOLD

SOLD 5/31/2022

$2,675,000

Market Estimate

30 Beds
20 Baths
Multi-Family
MLS# 786314

Listing provided courtesy of: SMI REAL ESTATE

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Property Details

Description

Wonderful low maintenance complex with all 10 Units separately metered for water/sewer and power. All 10 units are 3 bed / 2 bath / 1175 square feet with 1 car attached garages. Great central Salem location with easy I-5 access & downtown. This property was constructed in 2007 and is filled with long term residents. Please do not disturb the residents. Steady tenant/rental history. All tenants are Current on Rents.

General Features
- Property Use Type Investment
- Suitable For Government Subsidized
- Type Multi- (5+)
- Home Warranty No
- Dual Living Yes
- Subdivision West Hollywood
- Tax Amount 17750
- Terms Cash, Conventional
- Handicap Amenities No
- Cross Street Silverton Rd
- County Marion
- Unit Types Town Home
- Year Built 2007
Building Features
- Dining Area (Combination)
- Laundry W/D Hookup
- Fenced Yard Partial
- Flooring Carpet, Vinyl
- Dishwasher Yes
- Water Heater Electric
- Siding Fiber Cement
- Roof Composition
- Total Bathrooms 20
- Total Beds 30
- Unit 1 Baths 2
- Unit 1 Bedrooms 3
- Number of Units 10
- Refrigerator Refrigerator Included
- High Speed Communication Access Available
- Heating Zonal
- Foundation Continuous
Property Features
- Acres 0.64
- Outbuildings Shed
- Lot Type Common Area
- New Construction No
- Maintenance 8000
- Landscape Yes
- Flood Plain Unknown
- Water City
- Sewer City
- Range Facility Electric
Schools
- Elementary School Hallman
- Middle School Waldo
- High School McKay

Neighborhood

97301 (Salem) Demographics

33 Median Age

4,886 Population Density (per sq. mile)

25% College Educated

$45,959 Estimated Median Income

8,297 Estimated Total Home Owners

11,013 Estimated Total Renters

43% / 57% Estimated Owner / Renter Divide

3 Estimated Average Household Size

57,194 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$375,000 Median Sales Price

93 Homes Sold

133 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	New in Database Source: Multiple Listing Service	New Value: $2,900,000	8.41%
5/31/2022 12:00:00 AM	Sold Source: Multiple Listing Service	New Value: $2,675,000	-2.73%
5/26/2022 3:43:20 PM	Status Changed Source: Multiple Listing Service	New Value: ACTIVE UNDER CONTRACT
1/28/2022 11:58:14 AM	Price Reduced Source: Multiple Listing Service	New Value: $2,750,000

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.