2 months on rocket

Sale Pending

3660 State St, Salem, OR, 97301

$725,000

Home List Price

$8,609*

Closing Credit

0 Baths
3,988 SqFt
$182/SqFt
House
Schools Nearby

Location

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3660 State St, Salem$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDetached, Garage
Garage4 spaces
Year Built1977
HeatingWall Furnace
MLS #24246411
Lot Size0.32 Acres
StatusSale Pending
(Pending)

About 3660 State St

Rare Fourplex Investment Opportunity in Salem! This villa-style multifamily complex features two 2/1 units and two 3/1 units for a total of 10 beds across all 4 units. Complex is currently fully-rented at market rate with 7.71% CAP on actuals, and 8.61% pro-forma based on 10% increase in global rents. Separate 4-car garage offers covered parking/storage. Tucked in between Lancaster and I5 for easy commuting.

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Stories: 1
  • Living Area: 3,988 SqFt

Listing Office:

  • Office Name: John L. Scott Salem
  • Office Phone: (503) 585-0100
  • Listing Agent: Alexander Mccarthy

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • North Salem High School, Public District Grades 9-12
  • Houck Middle School, Public District Grades 6-8
  • Four Corners Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 37th Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $182/SqFt

Tax Information:

  • Annual Amount: $5,881
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Salem, OR.

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Salem, OR

City

Med. Sold Price

$434.9K

Med. Price/SqFt

$260

Avg. Days On Market

34

# of Sold Homes

79

3660 State St vs Salem

73 DAYS ON ROCKET

+39 Days

$725,000

+$290K More

$182/SqFt

-$79 Less

KEY TAKEAWAY

This property is $290K more than the Median Sold Price and $79/SqFt less than other homes in Salem, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24246411

Listing Office:

  • Office Name: John L. Scott Salem
  • Office Phone: (503) 585-0100
  • Listing Agent: Alexander Mccarthy

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 2:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 01, 1989Home Sold
$97,500

Tax History

YEARPROP. TAXASSESSMENT
2020$5,881$299,130
2019$5,503$290,420
2017$5,055$273,760

History based on county public records data.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5695070
3
/10

  • Four Corners Elementary School

  • 500 Elma Ave SE

  • 0.65 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5695071
4
/10

  • Houck Middle School

  • 1155 Connecticut St SE

  • 1.17 miles

  • Public District Grades 6-8

High School

school-card-donut-5695072
4
/10

  • North Salem High School

  • 765 14th St NE

  • 2.03 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,380. The most common annual income of people living in Salem, OR is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3660 State St

What is the listing price of this property?

The listing price of 3660 State St property is $725,000.

What type of property is this?

The property 3660 State St is a house located in Salem, Oregon, 97301.

Is this property for sale now?

Sale Pending: 3660 State St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 3660 State St are:
Four Corners Elementary School: GreatSchools Rating 3/10
Houck Middle School: GreatSchools Rating 4/10
North Salem High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,881 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 1, 1989 for $97,500. (source: MLS/tax record).

What is the square footage of this property?

The property 3660 State St is 3,988 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3660 State St is 1977.

Rocket Homes›Oregon›Marion County›Salem›97301›3660 State St

This home is located at 3660 State St in Salem, OR and zip code 97301 in the La Branch neighborhood. This 3,988 square foot home, which was built in 1977, sits on a 0.32 acre lot. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $725,000.

While more than 23 listings in Salem, OR in April 2024 were sold above asking price, there were more than 36 listings sold at asking price, and more than 20 were sold below. In April 2024 in Salem, OR there were 0.6% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $434,998, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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