NOT LISTED FOR SALE

1056 Electric Ave SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $445,319 - $521,000

3 Beds
2 Baths
1,696 Sq Ft
$280/Sq Ft Est. Value

Last Sold July 21, 2015

Last sale price $206,309 $122 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,856/month

142 Days on Market

Highlights

  • Recreation Room
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Home Office
  • Fenced Yard
  • Patio

About This Home

As of July 2015

50’s single level w/ spacious living room – formal dining, front office – 3 beds & 2 full baths. Inside utility, fully applianced kitchen. Double Attached garage. Nicely landscaped, paver walkway, and patio + tile roof. Fenced yard. Heat Pump – Located in Nob Hill Annex near South High & Bush Park. Plus 560 SF Cottage.

Last Agent to Sell the Property

Gladys Blum

BLUM REAL ESTATE License #781200091 Listed on: 01/14/2015

Last Buyer's Agent

Ray Beaty

PARAMOUNT REAL ESTATE SERVICES License #970500048

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1950

Lot Details

  • 7,380 Sq Ft Lot
  • Lot Dimensions are 60x123
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,696 Sq Ft Home
  • 1-Story Property
  • Home Office
  • Recreation Room
  • First Floor Utility Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5 / 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,913

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Dual Living: Yes
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: 50’s single level w/ spacious living room – formal dining, front office – 3 beds & 2 full baths. Inside utility, fully applianced kitchen. Double Attached garage. Nicely landscaped, paver walkway, and patio + tile roof. Fenced yard. Heat Pump – Located in Nob Hill Annex near South High & Bush Park. Plus 560 SF Cottage.
  • Cross Street: Yew
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: Range,Refr,Wndw Trtmnts,All Appl. in cottage & Gar
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 13x12, On Level: 1/Main
  • Bedroom 2: Dimensions: 12x10, On Level: 1/Main
  • Bedroom 3: Dimensions: 12x10, On Level: 1/Main
  • Additional Room: Dimensions: 10x8, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 12x10, On Level: 1/Main
  • Family Room: Dimensions: 12x9, On Level: 1/Main
  • Living Room: Dimensions: 17x14, On Level: 1/Main
  • Kitchen: Dimensions: 10x7, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Office, Rec Room
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Tile
  • Siding: Wood
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.17
  • Estimated Lot Dimensions: 60x123
  • Estimated Lot Sq Ft: 7380
  • Lot: 5
  • Lot Type: Dimension Above
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 13/14
  • Tax Amount: 2913

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2015
Closed on
Jul 15, 2015
Sold by
Averett Cecil J and Pennington Amelia Louise
Bought by
Dutra Ryan and Dutra Crystal
Seller's Agent
Gladys Blum
BLUM REAL ESTATE
Buyer's Agent
Ray Beaty
PARAMOUNT REAL ESTATE SERVICES
List Price
$210,000
Sold Price
$206,309
Premium/Discount to List
-$3,691
-1.76%
Current Estimated Value
$476,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,156
Avg. Annual Appreciation
8.32%

Purchase Details

Closed on
Nov 7, 2012
Sold by
Averett Kelly Jones
Bought by
Pennington Amelia Louise

Purchase Details

Closed on
Dec 23, 2009
Sold by
Bowles Charles D
Bought by
Averett Cecil J and Averett Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,816
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2005
Sold by
Bowles David
Bought by
Bowles Charles J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 27, 2005
Sold by
Esson Living Trust
Bought by
Bowles David
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dutra Ryan $206,309 Fidelity Natl Title Co Of Or
Pennington Amelia Louise -- None Available
Averett Cecil J $209,500 Amerititle
Bowles Charles J $185,000 Amerititle
Bowles David $156,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Averett Cecil J $192,816
Previous Owner Bowles Charles J $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2015 07/21/15 Sold $206,309 -1.8% $122 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $210,000 -- $124 / 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 $4,187 $219,630 -- --
2024 $4,187 $213,240 -- --
2023 $4,063 $207,030 $0 $0
2022 $3,831 $201,000 $0 $0
2021 $3,722 $195,150 $0 $0
2020 $3,725 $189,470 $0 $0
2019 $3,486 $183,960 $0 $0
2018 $3,548 $0 $0 $0
2017 $3,202 $0 $0 $0
2016 $3,050 $0 $0 $0
2015 $3,073 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gladys Blum

    Seller's Agent in 2015

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    9 in this area

    694 Total Sales

    Gladys Blum
    Section Image

  • R

    Buyer's Agent in 2015

    Ray Beaty

    PARAMOUNT REAL ESTATE SERVICES

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 685184

Willamette Valley MLS

APN: 583779

Oregon Marion County Salem 97302 South Central

1056 Electric Ave SE, Salem, OR

Not Listed for Sale

Detached

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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