NOT LISTED FOR SALE

1040 Spruce St NE Salem, OR 97301

Highland Neighborhood

Estimated Value: $257,000 - $305,798

2 Beds
1 Bath
786 Sq Ft
$348/Sq Ft Est. Value

Last Sold June 12, 2014

Last sale price $95,900 $122 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,654/month

52 Days on Market

Highlights

  • RV Access or Parking
  • Fenced Yard
  • 1-Story Property
  • Living Room with Fireplace
  • 1 Car Attached Garage
  • Landscaped

About This Home

As of June 2014

This home is located at 1040 Spruce St NE, Salem, OR 97301 since 04 March 2014 and is currently estimated at $273,700, approximately $348 per square foot. This property was built in 1944. 1040 Spruce St NE is a home located in Marion County with nearby schools including Highland Elementary School, Parrish Middle School, and North Salem High School.

Last Agent to Sell the Property

Dieter Wehner

iHOMES License #970900094 Listed on: 03/04/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,354

Year Built

  • Built in 1944

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 58 x 62
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Home Design

  • Shingle Roof
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 786 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 1&2 / 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,354

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Yes
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: A little jewel. Home features spacious living room with laminate wood flooring. Kitchen with newer stainless steel appliances. Newer bathroom fixture. Ultrahigh efficient ductless Heat Pump. Large corner lot with fenced yard. One year Home warranty is included. Owner is a Oregon licensee.
  • Cross Street: Walnut
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Living Room, Electric
  • Negotiable Inclusions: Refrigerator, Window coverings
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 14' x 10'8", On Level: 1/Main
  • Bedroom 2: Dimensions: 12' x 10'8", On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 9'6" x 6'5", On Level: 1/Main
  • Living Room: Dimensions: 12'3" x 16', On Level: 1/Main
  • Kitchen: Dimensions: 12'3" x 10', On Level: 1/Main
  • Price Per Sq Ft: 122.01
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 127.1

Exterior Features

  • Exterior Color: Yellow
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition, Shingle
  • Siding: Vinyl
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Central Ac, Heat Pump, Zonal
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric

Schools

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

Lot Info

  • Acres: 0.08
  • Estimated Lot Dimensions: 58 x 62
  • Estimated Lot Sq Ft: 3485
  • Lot: 1&2
  • Lot Type: Dimension Above
  • Price Per Acre: 1248750
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 13/14
  • Tax Account Number: R77177
  • Tax Amount: 1354

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2014
Closed on
Jun 6, 2014
Sold by
Wehner Dieter
Bought by
Pensco Trust Co and Peter B Hale Ira
Seller's Agent
Dieter Wehner
iHOMES
List Price
$109,750
Sold Price
$95,900
Premium/Discount to List
-$13,850
-12.62%
Current Estimated Value
$273,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,800
Avg. Annual Appreciation
9.40%

Purchase Details

Closed on
Jun 23, 2009
Sold by
Federal National Mortgage Association
Bought by
Wehner Dieter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2002
Sold by
Atkinson Patricia
Bought by
Lee Dana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,700
Interest Rate
7.13%
Mortgage Type
VA
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
Pensco Trust Co $95,900 Amerititle
Wehner Dieter $68,500 Amerititle
Lee Dana R $85,000 Amerititle Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wehner Dieter G $80,000
Previous Owner Wehner Dieter $71,500
Previous Owner Lee Dana R $99,950
Previous Owner Lee Dana R $25,050
Previous Owner Lee Dana R $88,000
Previous Owner Lee Dana R $22,000
Previous Owner Lee Dana R $86,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2014 06/12/14 Sold $95,900 -12.6% $122 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $109,750 -- $140 / 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 $1,946 $99,100 -- --
2023 $1,888 $96,220 $0 $0
2022 $1,781 $93,420 $0 $0
2021 $1,730 $90,700 $0 $0
2020 $1,679 $88,060 $0 $0
2019 $1,620 $85,500 $0 $0
2018 $1,649 $0 $0 $0
2017 $1,488 $0 $0 $0
2016 $1,418 $0 $0 $0
2015 $1,429 $0 $0 $0
2014 $1,383 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dieter Wehner

    Seller's Agent in 2014

    Dieter Wehner

    iHOMES

    (503) 881-4242

    64 Total Sales

    Dieter Wehner
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Map

Source: Willamette Valley MLS

MLS Number: 673972

Willamette Valley MLS

APN: 577177

Oregon Marion County Salem 97301 Highland

1040 Spruce St NE, Salem, OR

This home is located at 1040 Spruce St NE, Salem, OR 97301 since 04 March 2014 and is currently estimated at $273,700, approximately $348 per square foot. This property was built in 1944. 1040 Spruce 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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