NOT LISTED FOR SALE

Estimated Value: $412,000 - $481,000

2 Beds
1 Bath
1,738 Sq Ft
$259/Sq Ft Est. Value

Last Sold February 12, 2013

Last sale price $82,500 $47 Per Sq Ft

Est. 445% increase in value since last sale

Current estimated payment $2,879/month

87 Days on Market

Highlights

  • 0.28 Acre Lot
  • Forced Air Heating System
  • Partially Fenced Property
  • 2 Car Detached Garage

About This Home

As of February 2013

This home is located at 1025 16th St NE, Salem, OR 97301 since 17 October 2012 and is currently estimated at $449,403, approximately $258 per square foot. This property was built in 1928. 1025 16th St NE is a home located in Marion County with nearby schools including Englewood Elementary School, Parrish Middle School, and North Salem High School.

Last Agent to Sell the Property

David Cale

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #921100166 Listed on: 10/17/2012

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 0.28 Acre Lot
  • Partially Fenced Property
  • Property is zoned RS

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,738 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Shop
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Syndicated Remarks: Great buy on 2 story home with nice private back yard.Wonderful front porch to enjoy this nice family neighborhood. Huge lot and out buildings! Fresh interior paint. Buyer should obtain a free prequalification letter from Wells Fargo Home Mtg, an entity - which is a joint venture with Wells Fargo Home Mtg, or the neighborhood Assoc Corp of America (NACA). Free prequalification can be obtained online at hppt://www.wfhm.com Offers to include 1. Loan pre-approval letter or proof of funds if cash
  • Cross Street: D Street
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Basement: Unfinished
  • Price Per Sq Ft: 47.47
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 48.91

Exterior Features

  • Fenced Yard: Partial
  • Out Buildings: Separate Shop

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Forced Air
  • Water: Connected

Lot Info

  • Acres: 0.28
  • Estimated Lot Sq Ft: 12179
  • Lot: 1
  • Price Per Acre: 303571.43
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 11-12
  • Tax Account Number: R26822
  • Tax Amount: 2609

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2012
Closed on
Feb 6, 2013
Sold by
Wells Fargo Bank Na
Bought by
Harrell Lynne
Seller's Agent
David Cale
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$105,900
Sold Price
$82,500
Premium/Discount to List
-$23,400
-22.1%
Current Estimated Value
$449,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,903
Avg. Annual Appreciation
14.81%

Purchase Details

Closed on
May 25, 2012
Sold by
Wood Betty
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harrell Lynne $82,500 None Available
Federal Home Loan Mortgage Corporation $144,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wood Betty M $136,303
Previous Owner Wood Betty M $38,000
Previous Owner Wood Betty M $143,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2013 02/12/13 Sold $82,500 -22.1% $47 / Sq Ft
01/12/2013 01/12/13 Pending -- -- --
10/17/2012 10/17/12 For Sale $105,900 -- $61 / 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
2024 $4,517 $230,050 -- --
2023 $4,384 $223,350 $0 $0
2022 $4,133 $216,850 $0 $0
2021 $4,015 $210,540 $0 $0
2020 $4,019 $204,410 $0 $0
2019 $3,761 $198,460 $0 $0
2018 $3,828 $0 $0 $0
2017 $3,455 $0 $0 $0
2016 $3,291 $0 $0 $0
2015 $3,315 $0 $0 $0
2014 $3,209 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 657864

Willamette Valley MLS

APN: 526822