335 South Oak Grove Rd NW NW Active Save Request In-Person Tour Request Virtual Tour
Salem,OR 97304
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
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
Dining Room Area (Combination)
Interior
Flooring Carpet,Vinyl
Exterior
Garage None
Fence Yes
Roof Type Composition
Building
New Construction No
Schools
Middle Schools Talmadge
High Schools Central
Others
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)