NOT LISTED FOR SALE

1060 Gaines St NE Salem, OR 97301

Grant Neighborhood

Estimated Value: $429,000 - $484,551

4 Beds
3 Baths
2,256 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 24, 2015

Last sale price $140,000 $62 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $2,799/month

175 Days on Market

Highlights

  • Main Floor Bedroom
  • 1 Car Detached Garage
  • Landscaped
  • Workshop
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of February 2015

This home is located at 1060 Gaines St NE, Salem, OR 97301 since 02 July 2014 and is currently estimated at $461,638, approximately $204 per square foot. This property was built in 1908. 1060 Gaines St NE is a home located in Marion County with nearby schools including Grant Community School, Parrish Middle School, and North Salem High School.

Last Agent to Sell the Property

RICK AND ANDE HOFMANN

HOMESMART REALTY GROUP License #780301655 Listed on: 07/02/2014

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,597

Year Built

  • Built in 1908

Lot Details

  • 4,232 Sq Ft Lot
  • Lot Dimensions are 96.20 x 44
  • Partially Fenced Property
  • Landscaped
  • Property is zoned RM2

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property
  • Workshop
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 1&2 W Sec / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,597

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Home Warranty: Yes
  • Range Facility: Electric
  • Syndicated Remarks: Updated & ready to move in! Large living rm has an attractive window seat & formal dining rm features a blt-in china hutch. Spacious kitchen has a new dishwasher, disposer and countertops. Bedroom on main floor could be used as an office or media room. Master has 14 x 4.8 walk-in closet! There is a family-size bath on 2nd floor; bath w/shower on main level; & a 3rd, remodeled bath in basement. The windows & roof cover have been replaced. Interior has new flr coverings, light fixtures & Paint.
  • Cross Street: Capital St.
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Number of Main Level Bathrooms: 1
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 15.4 x 14, On Level: 2/Upper
  • Bedroom 2: Dimensions: 12.7 x 12.5, On Level: 1/Main
  • Bedroom 3: Dimensions: 12 x 9.5, On Level: 2/Upper
  • Bedroom 4: Dimensions: 12.4 x 10.7, On Level: 2/Upper
  • Basement: Full
  • Dining Room: 1/Main, Dimensions: 15 x 14, On Level: 1/Main
  • Living Room: Dimensions: 21 x 15, On Level: 1/Main
  • Kitchen: Dimensions: 14 x 12.4, On Level: 1/Main
  • Bonus Rooms: Workshop
  • Price Per Sq Ft: 62.06
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 66.45

Exterior Features

  • Exterior Color: Blue
  • Fenced Yard: Partial
  • Foundation: Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Forced Air
  • High Speed Comm Access: Unknown
  • Water: City
  • Water Heater: Electric

Schools

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

Lot Info

  • Acres: 0.1
  • Estimated Lot Dimensions: 96.20 x 44
  • Estimated Lot Sq Ft: 4232
  • Flood Plain: Unknown
  • Lot: 1&2 W Sec
  • Lot Type: Dimension Above
  • Price Per Acre: 1499000
  • Zoning: RM2
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 14-15
  • Tax Account Number: R82040
  • Tax Amount: 2597

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Reeves Daniel P
Bought by
Reeves Family Living Trust
Current Estimated Value
$444,368

Purchase Details

Listed on
Jul 2, 2014
Closed on
Feb 18, 2015
Sold by
Gillespie Realty Llc
Bought by
Reeves Daniel P
Seller's Agent
RICK AND ANDE HOFMANN
HOMESMART REALTY GROUP
List Price
$169,900
Sold Price
$140,000
Premium/Discount to List
-$29,900
-17.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%
Original Mortgage
$70,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2013
Closed on
Sep 13, 2013
Sold by
Weaver Edward D
Bought by
Gillespie Realty Llc
Seller's Agent
John Tate
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$144,900
Sold Price
$91,100
Premium/Discount to List
-$53,800
-37.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.77%

Purchase Details

Closed on
Oct 20, 2006
Sold by
Weaver Edward and Weaver Dianna
Bought by
Weaver Edward D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,950
Interest Rate
6.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 26, 2004
Sold by
Valdivia Shelley M Innes and Valdivia Manuel
Bought by
Weaver Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,900
Interest Rate
8.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2001
Sold by
Wing Darrell R
Bought by
Valdivia Manuel and Valdivia Shelley M Innes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
6.98%
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
Reeves Family Living Trust -- None Listed On Document
Reeves Daniel P -- Amerititle
Gillespie Realty Llc $91,100 Ticor Title
Weaver Edward D -- First American
Weaver Edward $139,900 Fidelity Natl Title Co Of Or
Valdivia Manuel -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reeves Daniel P $70,000
Previous Owner Weaver Edward D $6,461
Previous Owner Weaver Edward D $192,950
Previous Owner Weaver Edward D $172,000
Previous Owner Weaver Edward $111,900
Previous Owner Valdivia Manuel $63,500
Closed Weaver Edward $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2015 02/24/15 Sold $140,000 -17.6% $62 / Sq Ft
12/24/2014 12/24/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $169,900 +86.5% $75 / Sq Ft
09/16/2013 09/16/13 Sold $91,100 -37.1% $41 / Sq Ft
05/26/2013 05/26/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $144,900 -- $65 / 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 $4,124 $210,020 -- --
2023 $4,002 $203,910 $0 $0
2022 $3,774 $197,980 $0 $0
2021 $3,666 $192,220 $0 $0
2020 $3,669 $186,630 $0 $0
2019 $3,540 $181,200 $0 $0
2018 $3,495 $0 $0 $0
2017 $3,154 $0 $0 $0
2016 $3,005 $0 $0 $0
2015 $3,027 $0 $0 $0
2014 $2,597 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 678915

Willamette Valley MLS

APN: 582040