335 South Oak Grove Rd NW NW Active

Salem,OR 97304

$ 549900

4 Beds

1 Bath

1602 SqFt


Key Details

Property Type Single Family Home

Sub Type Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,602 sqft

Price per Sqft $343

MLS Listing ID 800064

Bedrooms 4

Full Baths 1

Year Built 1910

Annual Tax Amount $3,336

Tax Year 2022

Lot Size 5.420 Acres

Acres 5.42

Property Description

Vintage 1910 4 bedroom home with commercial quality 3,150 square foot outbuilding/shop located on beautiful 5.42 acres, short distance to Highway 22 & minutes from downtown Salem! The outbuilding, constructed in 2008, features an office area and a large open work area with tall vaulted ceilings. The inside of the outbuilding is insulated, finished with drywall & has 2 mini split HVAC systems that provide heating and cooling. The building is plumbed with in-floor water radiant heat & has an ADA style bath. The home is in poor condition, of little value and sold in as is condition. The value is primarily in the land and the shop/outbuilding. The best financing would be a rehab loan. The seller's may also consider short term, owner financing with 20% to 30% down, to allow the buyers time to complete repairs so the home will qualify for standard, conventional financing.

Location

State OR

County Polk

Area 60 Northwest Salem

Rooms

Primary Bedroom Level 1/Main

Dining Room Area (Combination)

Interior

Flooring Carpet,Vinyl

Exterior

Garage None

Fence Yes

Roof Type Composition

Garage No

Building

New Construction No

Schools

Middle Schools Talmadge

High Schools Central

Others

Senior Community No

Acceptable Financing LS Contract,Cash,First Trust Deed,Rehab Loan,Other (Refer to Pvt Rmks)

Listing Terms LS Contract,Cash,First Trust Deed,Rehab Loan,Other (Refer to Pvt Rmks)

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