NOT LISTED FOR SALE

1040 Cottage St NE Salem, OR 97301

Grant Neighborhood

Estimated Value: $388,000 - $452,000

4 Beds
1.5 Baths
1,845 Sq Ft
$234/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $135,000 $73 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $2,731/month

11 Days on Market

Highlights

  • Wood Flooring
  • Landscaped
  • Partially Fenced Property
  • 1 Car Detached Garage

About This Home

As of June 2016

Two story traditional style home located short distance to downtown Salem! Four large bedrooms and 1.5 bathrooms. Kitchen opens to dining area. Spacious living room with wood floors. Oversize detached garage. Private, partially fenced backyard. This is a Fannie Mae Home Path property. The seller directs that all offers on this listing be made using the HomePath Online offer system at the HomePath website homepath.com.

Last Agent to Sell the Property

Brian Smith

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #920800079 Listed on: 05/16/2016

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

Jake Lucey

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #201201072

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,086

Year Built

  • Built in 1920

Lot Details

  • 1,845 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped

Parking

  • 1 Car Detached Garage

Home Design

  • Shake Siding

Interior Spaces

  • 1,845 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,086

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Syndicated Remarks: Two story traditional style home located short distance to downtown Salem! Four large bedrooms and 1.5 bathrooms. Kitchen opens to dining area. Spacious living room with wood floors. Oversize detached garage. Private, partially fenced backyard. This is a Fannie Mae Home Path property. The seller directs that all offers on this listing be made using the HomePath Online offer system at the HomePath website homepath.com.
  • Cross Street: Market
  • Year Built: 1920
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: .5
  • Bedrooms: 4
  • Price Per Sq Ft: 73.17
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 62.6

Exterior Features

  • Fenced Yard: Partial
  • Landscape: Yes
  • Siding: Shake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Schools

  • Elementary School: Grant
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.14
  • Estimated Lot Sq Ft: 1845
  • Lot: 4
  • Lot Type: Dimension Above
  • Price Per Acre: 825000
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2015
  • Tax Account Number: R66776
  • Tax Amount: 2086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2018
Sold by
Lucey Patrick Kim and Lucey Jeanie M
Bought by
Sb2 Belmont Llc
Current Estimated Value
$432,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,080,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2017
Sold by
Box Bradley T and Box Bradley
Bought by
Box Bradley T and Box Lisa Maria Woolsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2016
Closed on
Jun 3, 2016
Sold by
Fannie Mae
Bought by
Box Bradley
Seller's Agent
Brian Smith
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Jake Lucey
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$115,500
Sold Price
$135,000
Premium/Discount to List
$19,500
16.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.61%

Purchase Details

Listed on
May 16, 2016
Closed on
Apr 15, 2016
Sold by
Diarmit Loretta A
Bought by
Federal National Mortgage Association
Seller's Agent
Brian Smith
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Jake Lucey
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$115,500
Sold Price
$135,000
Premium/Discount to List
$19,500
16.88%

Purchase Details

Closed on
Nov 25, 2015
Sold by
Ditech Financial Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 3, 2008
Sold by
Diarmit James and Diarmit Loretta P
Bought by
Diarmit James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,900
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Sb2 Belmont Llc $240,000 Amerititle
Box Bradley T -- None Available
Box Bradley $135,000 Lawyers Title
Federal National Mortgage Association $148,119 None Available
Federal National Mortgage Association -- Nextitle
Diarmit James $126,900 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Box Bradley T $132,200
Closed Sb2 Belmont Llc $10,080,000
Previous Owner Box Bradley T $222,400
Previous Owner Diarmit James $105,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2016 06/03/16 Sold $135,000 +16.9% $73 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $115,500 -- $63 / 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 $4,034 $205,460 -- --
2023 $3,915 $199,480 $0 $0
2022 $3,691 $193,670 $0 $0
2021 $3,586 $188,030 $0 $0
2020 $3,481 $182,560 $0 $0
2019 $3,359 $177,250 $0 $0
2018 $3,419 $0 $0 $0
2017 $2,173 $0 $0 $0
2016 $2,070 $0 $0 $0
2015 $2,086 $0 $0 $0
2014 $2,019 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Smith

    Seller's Agent in 2016

    Brian Smith

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 551-8510

    158 Total Sales

    Brian Smith
    Section Image
  • Jake Lucey

    Buyer's Agent in 2016

    Jake Lucey

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 999-6578

    1 in this area

    164 Total Sales

    Jake Lucey
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 704404

Willamette Valley MLS

APN: 566776

Oregon Marion County Salem 97301 Grant

1040 Cottage St NE, Salem, OR

This home is located at 1040 Cottage St NE, Salem, OR 97301 since 16 May 2016 and is currently estimated at $432,423, approximately $234 per square foot. This property was built in 1920. 1040 Cottage St NE is a home located in Marion County with nearby schools including Grant Community School, Parrish Middle School, and North 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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