$112,000
SOLD JAN 22, 2018

1018 7th St NW Salem, OR 97304

West Salem Neighborhood
2 Beds
1 Bath
748 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$150 Per Sq Ft

3% Below List Price

25 Days on Market

Highlights

  • Territorial View
  • 1-Story Property
  • Carpet
  • 1 Car Detached Garage
  • Wood Siding

About This Home

As of February 2020

Great Investment Opportunity! Garage in back along with a studio with an extra full bath and kitchen area.

Last Agent to Sell the Property

Visay Naggi

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #200508134 Listed on: 01/02/2018

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Last Buyer's Agent

Sabrina McCreery

RE/MAX INTEGRITY - SALEM License #201208060

RE/MAX INTEGRITY - SALEM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,326

Year Built

  • Built in 1936

Lot Details

  • 3,920 Sq Ft Lot
  • Property is zoned CO

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 748 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Legal Lot and Block 3 / 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,326

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: Great Investment Opportunity! Garage in back along with a studio with an extra full bath and kitchen area.
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Dining Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 149.73
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 153.74

Exterior Features

  • Foundation: Slab
  • Roof: Shingle
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Electric
  • High Speed Comm Access: Unknown
  • Septic: Standard
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Lot Info

  • Acres: 0.09
  • Estimated Lot Sq Ft: 3920
  • Lot: 3
  • Lot Type: Common Area
  • Price Per Acre: 1277777.78
  • Zoning: CO
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2016
  • Tax Account Number: 257406
  • Tax Amount: 1326

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2020
Closed on
Feb 26, 2020
Sold by
Machado David
Bought by
Patterson Christopher
Seller's Agent
Sabrina McCreery
RE/MAX INTEGRITY - SALEM
Buyer's Agent
Jackryan Smith
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$199,900
Sold Price
$189,000
Premium/Discount to List
-$10,900
-5.45%
Current Estimated Value
$305,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,716
Avg. Annual Appreciation
8.98%
Original Mortgage
$182,692
Outstanding Balance
$162,449
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$143,267

Purchase Details

Listed on
Jan 2, 2018
Closed on
Jan 22, 2018
Sold by
Moynihan Brian S
Bought by
Machado David
Seller's Agent
Visay Naggi
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
Buyer's Agent
Sabrina McCreery
RE/MAX INTEGRITY - SALEM
List Price
$115,000
Sold Price
$112,000
Premium/Discount to List
-$3,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.30%
Original Mortgage
$115,000
Interest Rate
3.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $189,000 First American
Warranty Deed $112,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $182,692 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $189,000 -0.5% $171 / Sq Ft
01/16/2020 01/16/20 Price Changed $189,900 -5.0% $171 / Sq Ft
01/01/2020 01/01/20 For Sale $199,900 +78.5% $180 / Sq Ft
01/22/2018 01/22/18 Sold $112,000 -2.6% $150 / Sq Ft
12/14/2017 12/14/17 For Sale $115,000 -- $154 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,791 $97,910 $35,610 $62,300
2024 $1,791 $95,060 $34,570 $60,490
2023 $1,740 $92,300 $33,570 $58,730
2022 $1,684 $89,620 $32,590 $57,030
2021 $1,636 $87,010 $31,640 $55,370
2020 $1,587 $84,480 $30,720 $53,760
2019 $1,532 $82,020 $29,820 $52,200
2018 $1,507 $79,640 $28,950 $50,690
2017 $1,358 $77,330 $28,110 $49,220
2016 $1,326 $75,080 $27,290 $47,790
2015 $1,337 $72,900 $26,490 $46,410
2014 $1,278 $70,780 $25,720 $45,060
Source: Public Records

Agents Affiliated with this Home

  • Sabrina McCreery

    Seller's Agent in 2020

    Sabrina McCreery

    RE/MAX

    (503) 580-8727

    6 in this area

    66 Total Sales

    Sabrina McCreery
    Section Image

  • J

    Buyer's Agent in 2020

    Jackryan Smith

    BHHS Oregon- Professionals

    Section Image
  • Visay Naggi

    Seller's Agent in 2018

    Visay Naggi

    BHHS Oregon- Professionals

    (503) 999-3601

    6 in this area

    104 Total Sales

    Visay Naggi
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 727499

Willamette Valley MLS

APN: 257406

Oregon Polk County Salem 97304 West Salem

1018 7th St NW, Salem, OR

This home is located at 1018 7th St NW, Salem, OR 97304 and is currently priced at $112,000, approximately $149 per square foot. This property was built in 1936. 1018 7th St NW is a home located in Polk County with nearby schools including Harritt Elementary School, Walker Middle School, and West Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS 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. WVMLS Member Broker: Arlene Richardson

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