$76,500
SOLD AUG 26, 2016

1040 Locust St NE Salem, OR 97301

Highland Neighborhood
2 Beds
1 Bath
835 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

10% Below List Price

163 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • 1-Story Property
  • Territorial View
  • 1 Car Attached Garage
  • Landscaped

About This Home

As of December 2024

This needs TLC. Price for cash or rehab loan. No heat source. Large backyard. Bring your tools and turn it into a cute cottage. Seller is willing to help with cost of heater.

Last Agent to Sell the Property

Roger Elliott

RE/MAX INTEGRITY - SALEM License #960100185 Listed on: 01/26/2016

RE/MAX INTEGRITY - SALEM

Last Buyer's Agent

ROY ESQUIVEL

HOMESMART REALTY GROUP License #201216895

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,471

Year Built

  • Built in 1948

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Partially Fenced Property
  • Landscaped
  • Property is zoned RS

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 835 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Territorial Views
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Utilities

  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Renters property
  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,471

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: This needs TLC. Price for cash or rehab loan. No heat source. Large backyard. Bring your tools and turn it into a cute cottage. Seller is willing to help with cost of heater.
  • Cross Street: Cherry
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Exclusions: Renters property
  • Negotiable Inclusions: Kitchen Range & Refrig
  • Flooring: Wood
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Price Per Sq Ft: 91.62
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 93.41

Exterior Features

  • Exterior Color: White
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Block
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • High Speed Comm Access: Present
  • Water: Connected, City
  • Water Heater: Electric

Schools

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

Lot Info

  • Acres: 0.17
  • Estimated Lot Dimensions: 50x150
  • Estimated Lot Sq Ft: 7500
  • Lot: 3
  • Lot Type: Dimension Above
  • Price Per Acre: 458823.53
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 15/16
  • Tax Account Number: R77305
  • Tax Amount: 1471

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Dec 16, 2024
Sold by
Esquivel Leah
Bought by
Perez Tellez Alejandro
Seller's Agent
Robert Lucas
REAL BROKER
Buyer's Agent
VANESSA QUEVEDO - CORIA
EXP REALTY, LLC
List Price
$200,000
Sold Price
$200,000
Views
125
Current Estimated Value
$254,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,519
Avg. Annual Appreciation
17.11%
Original Mortgage
$160,000
Outstanding Balance
$159,441
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$61,131

Purchase Details

Closed on
Nov 2, 2020
Sold by
Esquivel Roy L and Esquivel Adrienne M
Bought by
Esquivel Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2016
Closed on
Aug 25, 2016
Sold by
Mink Nicole D
Bought by
Esquivel Roy L and Esquivel Adrienne M
Seller's Agent
Roger Elliott
RE/MAX INTEGRITY - SALEM
Buyer's Agent
ROY ESQUIVEL
HOMESMART REALTY GROUP
List Price
$85,000
Sold Price
$76,500
Premium/Discount to List
-$8,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$69,165
Interest Rate
3.42%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 28, 2003
Sold by
Helms Denise A
Bought by
Mink Nicole D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,148
Interest Rate
5.79%
Mortgage Type
FHA
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 $200,000 Fidelity National Title
Warranty Deed $230,000 First American
Warranty Deed $76,850 Amerititle
Warranty Deed $87,500 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Previous Owner $161,500 New Conventional
Previous Owner $123,750 New Conventional
Previous Owner $69,165 Stand Alone First
Previous Owner $86,148 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $200,000 0.0% $240 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $200,000 +161.4% $240 / Sq Ft
08/26/2016 08/26/16 Sold $76,500 -10.0% $92 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $85,000 -- $102 / 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 $2,003 $102,040 -- --
2023 $1,944 $99,070 $0 $0
2022 $1,833 $96,190 $0 $0
2021 $1,781 $93,390 $0 $0
2020 $1,783 $90,670 $0 $0
2019 $1,668 $88,030 $0 $0
2018 $1,698 $0 $0 $0
2017 $1,533 $0 $0 $0
2016 $1,460 $0 $0 $0
2015 $1,471 $0 $0 $0
2014 $1,424 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Lucas

    Seller's Agent in 2024

    Robert Lucas

    REAL BROKER

    (503) 351-4409

    1 in this area

    44 Total Sales

    Robert Lucas
    Section Image
  • VANESSA QUEVEDO - CORIA

    Buyer's Agent in 2024

    VANESSA QUEVEDO - CORIA

    EXP REALTY, LLC

    (503) 302-9399

    1 in this area

    30 Total Sales

    VANESSA QUEVEDO - CORIA
    Section Image

  • R

    Seller's Agent in 2016

    Roger Elliott

    RE/MAX

    Section Image

  • R

    Buyer's Agent in 2016

    ROY ESQUIVEL

    HOMESMART REALTY GROUP

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 699657

Willamette Valley MLS

APN: 577305

Oregon Marion County Salem 97301 Highland

1040 Locust St NE, Salem, OR

This home is located at 1040 Locust St NE, Salem, OR 97301 and is currently priced at $76,500, approximately $91 per square foot. This property was built in 1948. 1040 Locust St NE is a home located in Marion County with nearby schools including Highland Elementary 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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