NOT LISTED FOR SALE

1115 Boone Rd SE Salem, OR 97306

Faye Wright Neighborhood

Estimated Value: $379,000 - $467,000

3 Beds
2 Baths
1,628 Sq Ft
$266/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2023

Last sale price $360,000 $221 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,584 / mo

137 Days on Market

Highlights

  • Territorial View
  • Main Floor Primary Bedroom
  • Lower Floor Utility Room
  • Wood Flooring
  • Covered Patio or Porch
  • Fenced Yard

About This Home

As of February 2023

Amazing opportunity to own a beautiful building that can be used as a residential home, business, live/work, income property or could be re-developed! Possibilities are endless as this property is zoned MU-III and is conveniently located just off of Commercial St S, across from B2 Taphouse & Brewery. Craftsman home built in 1936 that has been lovingly cared for and is ready for it's new owner. See also MLS #798013

Last Agent to Sell the Property

Alexandra Morrison

WINDERMERE HERITAGE License #201203600 Listed on: 09/20/2022

WINDERMERE HERITAGE

Last Buyer's Agent

Scott Friesen

MOVE REAL ESTATE License #201255037

MOVE REAL ESTATE

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,180

Year Built

  • Built in 1936

Lot Details

  • 10,925 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Property is zoned MUIII

Parking

  • Detached Garage

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,628 Sq Ft Home
  • 1.5-Story Property
  • Lower Floor Utility Room
  • Wood Flooring
  • Territorial Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Range
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Shop

Utilities

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

Listing and Financial Details

  • Exclusions: Dishwasher
  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,180

Year Built

Built in 1936

Lot Details

0.25 Acres

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1.5 Story
  • Range Facility: Built-In
  • Syndicated Remarks: Amazing opportunity to own a beautiful building that can be used as a residential home, business, live/work, income property or could be re-developed! Possibilities are endless as this property is zoned MU-III and is conveniently located just off of Commercial St S, across from B2 Taphouse & Brewery. Craftsman home built in 1936 that has been lovingly cared for and is ready for it's new owner. See also MLS #798013
  • Cross Street: Commercial
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Disposal: Yes
  • Exclusions: Dishwasher
  • Flooring: Wood
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 2/Upper
  • Basement: Full
  • Dining Room: On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed, Separate Shop
  • Roof: Metal Or Aluminum
  • Siding: Vinyl
  • View: Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 0

Utilities

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

Lot Info

  • Acres: 0.25
  • Estimated Lot Sq Ft: 10925
  • Lot: 2
  • Lot Type: Irregular
  • Zoning: MUIII
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: 592387
  • Tax Years: 2021
  • Tax Amount: 2180

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Feb 27, 2023
Sold by
Bought by
Seller's Agent
Alexandra Morrison
WINDERMERE HERITAGE
Buyer's Agent
Scott Friesen
MOVE REAL ESTATE
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%
Views
50
Current Estimated Value
$433,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,157
Avg. Annual Appreciation
5.54%
Original Mortgage
$330,000
Outstanding Balance
$316,310
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$116,847

Purchase Details

Closed on
Dec 23, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Faye Wright, OR

  • Tonya Hurt Real Estate Agent - Harcourts Real Estate Network Group

    Tonya Hurt

    Responds Quickly

    Harcourts Real Estate Network Group

    (503) 467-0416

    64 Total Sales

    1 in Faye Wright

    $520,000 Price

    Tonya Hurt
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  • SONYA GLESMANN Real Estate Agent - BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    SONYA GLESMANN

    BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    (458) 206-4710

    77 Total Sales

    1 in Faye Wright

    $200,000 Price

    SONYA GLESMANN
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  • TIFFANY BOUCHARD Real Estate Agent - HOMESMART REALTY GROUP - DALLAS

    TIFFANY BOUCHARD

    HOMESMART REALTY GROUP - DALLAS

    (971) 273-5200

    81 Total Sales

    2 in Faye Wright

    $487,000 Price Range

    TIFFANY BOUCHARD
     Section Image
  • Ellen Wright Real Estate Agent - HEART & SOUL REALTY

    Ellen Wright

    Responds Quickly

    HEART & SOUL REALTY

    (458) 221-9374

    97 Total Sales

    2 in Faye Wright

    $124,900 Price Range

    Ellen Wright
     Section Image
  • Matt Kennedy Real Estate Agent - RE/MAX Equity Group

    Matt Kennedy

    RE/MAX Equity Group

    75 Total Sales

    2 in Faye Wright

    $428,000 Price Range

    Matt Kennedy
     Section Image
  • Jordan McAllister Real Estate Agent - MORE Realty

    Jordan McAllister

    Responds Quickly

    MORE Realty

    (503) 210-9913

    120 Total Sales

    1 in Faye Wright

    $495,000 Price

    Jordan McAllister
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$360,000 Fidelity National Title
-- Ticor Title Company Of Or
$200,000 First American
$147,500 First American
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $330,000
Previous Owner $223,200
Previous Owner $200,000
Previous Owner $118,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/27/2023 02/27/23 Sold $360,000 -1.4% $221 / Sq Ft
01/18/2023 01/18/23 For Sale $365,000 0.0% $224 / Sq Ft
01/18/2023 01/18/23 Price Changed $365,000 +1.4% $224 / Sq Ft
11/16/2022 11/16/22 Off Market $360,000 -- --
11/11/2022 11/11/22 Price Changed $425,000 -5.6% $261 / Sq Ft
09/20/2022 09/20/22 For Sale $450,000 -- $276 / Sq Ft
Source: Willamette Valley MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,378 $124,750
2024 $2,378 $121,120
2023 $2,308 $117,600 $0 $0
2022 $2,176 $114,180 $0 $0
2021 $2,114 $110,860 $0 $0
2020 $2,053 $107,640 $0 $0
2019 $1,981 $104,510 $0 $0
2018 $2,016 $0 $0 $0
2017 $1,819 $0 $0 $0
2016 $1,733 $0 $0 $0
2015 $1,746 $0 $0 $0
2014 $1,690 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alexandra Morrison Real Estate Agent - WINDERMERE HERITAGE

    Seller's Agent in 2023

    Alexandra Morrison

    WINDERMERE HERITAGE

    (503) 689-3652

    2 in this area

    95 Total Sales

    Alexandra Morrison
    Section Image
  • Scott Friesen Real Estate Agent - MOVE REAL ESTATE

    Buyer's Agent in 2023

    Scott Friesen

    MOVE REAL ESTATE

    (415) 961-0281

    1 in this area

    71 Total Sales

    Scott Friesen
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 798092

Willamette Valley MLS

APN: 592387

Oregon Marion County Salem 97302 Faye Wright

1115 Boone Rd SE, Salem, OR

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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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