NOT LISTED FOR SALE

1040 Terrace Dr NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $456,000 - $520,000

4 Beds
2 Baths
2,360 Sq Ft
$211/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $355,000 $150 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,090/month

Highlights

  • Main Floor Primary Bedroom
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Covered Patio or Porch
  • Fenced Yard
  • Covered Deck

About This Home

As of September 2020

Welcome Home... you will be surprised with all this home has tooffer! Nestled in an established West Salem neighborhood. Recent upgradesthroughout kitchen and bathrooms. Laminate flooring throughout. Large livingroom! 720SF unfinished basement is perfect for a shop or extra storage. Largebackyard perfect for relaxing or entertaining.

Last Agent to Sell the Property

Allyson Puentes

EXP REALTY, LLC License #201011132 Listed on: 07/29/2020

EXP REALTY, LLC

Last Buyer's Agent

Linda Clemente

HOMESMART REALTY GROUP License #201217160

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,089

Year Built

  • Built in 1947

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 2,360 Sq Ft Home
  • 2-Story Property
  • First Floor Utility Room
  • Unfinished Basement

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,089

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Dual Living: Possible
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Welcome Home... you will be surprised with all this home has to offer! Nestled in an established West Salem neighborhood. Recent upgrades throughout kitchen and bathrooms. Laminate flooring throughout. Large living room! 720SF unfinished basement is perfect for a shop or extra storage. Large backyard perfect for relaxing or entertaining.
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Bedroom 4: On Level: 2/Upper
  • Basement: Unfinished
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 150.42
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 150.42

Exterior Features

  • Patio: Covered Deck, Covered Patio
  • Exterior Color: Beige
  • Fenced Yard: Yes
  • Foundation: Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Vinyl
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Forced Air, Gas
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water Heater: Gas

Schools

  • Elementary School: Myers
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 0.21
  • Estimated Lot Sq Ft: 9148
  • Price Per Acre: 1690476.19
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 4
  • Assessor Parcel Number: 252443
  • Tax Years: 2019
  • Tax Account Number: 252443
  • Tax Amount: 4089

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Sep 18, 2020
Sold by
Sisk Gregory
Bought by
Fraley Aaron and Fraley Emily
Seller's Agent
Allyson Puentes
EXP REALTY, LLC
Buyer's Agent
Linda Clemente
HOMESMART REALTY GROUP
List Price
$355,000
Sold Price
$355,000
Current Estimated Value
$497,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,731
Avg. Annual Appreciation
7.05%
Original Mortgage
$348,570
Outstanding Balance
$310,178
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$187,553

Purchase Details

Listed on
Sep 21, 2017
Closed on
Nov 7, 2017
Sold by
Tucker Kenneth R and Tucker Hanna
Bought by
Sisk Gregory
Seller's Agent
Meriah Stemmerman
KELLER WILLIAMS / EUGENE & SPRINGFIELD
Buyer's Agent
Steve Wickham
UNITED REAL ESTATE PROPERTIES
List Price
$289,900
Sold Price
$291,000
Premium/Discount to List
$1,100
0.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$280,423
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2012
Sold by
Tucker Kenneth R and Tucker Hanna
Bought by
Tucker Kenneth R and Tucker Hanna

Purchase Details

Closed on
Dec 1, 2006
Sold by
Jantzen Hanna and Tucker Hanna
Bought by
Tucker Kenneth R and Tucker Hanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.38%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Fraley Aaron $355,000 First American
Sisk Gregory $291,000 Fatco
Tucker Kenneth R -- None Available
Tucker Kenneth R $30,000 Lawyers Title Ins Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraley Aaron $348,570
Previous Owner Sisk Gregory $280,423
Previous Owner Tucker Kenneth R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $355,000 0.0% $150 / Sq Ft
07/29/2020 07/29/20 For Sale $355,000 +22.0% $150 / Sq Ft
11/09/2017 11/09/17 Sold $291,000 +0.4% $123 / Sq Ft
09/21/2017 09/21/17 For Sale $289,900 -- $123 / 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 $4,782 $261,360 $65,690 $195,670
2024 $4,782 $253,750 $63,780 $189,970
2023 $4,643 $246,360 $61,920 $184,440
2022 $4,495 $239,190 $60,120 $179,070
2021 $4,366 $232,230 $58,370 $173,860
2020 $4,237 $225,470 $56,670 $168,800
2019 $4,089 $218,910 $55,020 $163,890
2018 $4,021 $212,540 $53,420 $159,120
2017 $3,624 $206,350 $51,870 $154,480
2016 $3,537 $200,340 $50,360 $149,980
2015 $3,567 $194,510 $48,890 $145,620
2014 $3,409 $188,850 $47,460 $141,390
Source: Public Records

Agents Affiliated with this Home

  • Allyson Puentes

    Seller's Agent in 2020

    Allyson Puentes

    EXP REALTY, LLC

    (503) 931-6622

    28 in this area

    122 Total Sales

    Allyson Puentes
    Section Image
  • Linda Clemente

    Buyer's Agent in 2020

    Linda Clemente

    HOMESMART REALTY GROUP

    (503) 474-8106

    19 in this area

    142 Total Sales

    Linda Clemente
    Section Image
  • Meriah Stemmerman

    Seller's Agent in 2017

    Meriah Stemmerman

    KELLER WILLIAMS / EUGENE & SPRINGFIELD

    (541) 217-7279

    127 Total Sales

    Meriah Stemmerman
    Section Image

  • S

    Buyer's Agent in 2017

    Steve Wickham

    UNITED REAL ESTATE PROPERTIES

    (541) 953-7475

    5 in this area

    22 Total Sales

    Steve Wickham
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 766888

Willamette Valley MLS

APN: 252443

Oregon Polk County Salem 97304 West Salem

1040 Terrace Dr NW, Salem, OR

This home is located at 1040 Terrace Dr NW, Salem, OR 97304 since 29 July 2020 and is currently estimated at $497,731, approximately $210 per square foot. This property was built in 1947. 1040 Terrace Dr NW is a home located in Polk County with nearby schools including Myers 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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