NOT LISTED FOR SALE

1120 Morningside Dr SE Salem, OR 97302

Morningside Neighborhood

Estimated Value: $350,000 - $396,000

3 Beds
1.5 Baths
1,248 Sq Ft
$303/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $265,000 $212 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,392/month

26 Days on Market

About This Home

As of November 2022

Charming 1940's ranch style home with attached 2 car garage looking for you to make her shine! Tons of natural light for the plant lover in you! Located on a large corner lot adjacent to a quiet, dead end street near South Salem amenities. Perfect investment opportunity.

Last Agent to Sell the Property

AMBERLY PEREZ

LEVEL REALTY GROUP License #201223280 Listed on: 09/29/2022

Last Buyer's Agent

MOLLY EDWARDS

HOMESMART REALTY GROUP License #201219562

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,338

Year Built

  • Built in 1948

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Legal Lot and Block 1000 / 083W03AD01

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,338

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: Charming 1940's ranch style home with attached 2 car garage looking for you to make her shine! Tons of natural light for the plant lover in you! Located on a large corner lot adjacent to a quiet, dead end street near South Salem amenities. Perfect investment opportunity.
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 212.34
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 239.58

Exterior Features

  • Exterior Color: White

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Schools

  • Elementary School: Morningside
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.24
  • Lot: 1000
  • Price Per Acre: 1245833.33
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2022
  • Tax Account Number: 582883
  • Tax Amount: 3338

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2023
Sold by
Mere Investments Llc
Bought by
Edwards Molly Elizabeth
Current Estimated Value
$378,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Outstanding Balance
$288,011
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$73,676

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 8, 2022
Sold by
Matson Kimberly N
Bought by
Mere Investments Llc
Seller's Agent
AMBERLY PEREZ
LEVEL REALTY GROUP
Buyer's Agent
MOLLY EDWARDS
HOMESMART REALTY GROUP
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Original Mortgage
$287,000
Interest Rate
6.92%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Edwards Molly Elizabeth -- Amerititle
Mere Investments Llc $265,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Molly Elizabeth $295,000
Previous Owner Mere Investments Llc $287,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $265,000 -11.4% $212 / Sq Ft
10/12/2022 10/12/22 For Sale $299,000 +12.8% $240 / Sq Ft
10/10/2022 10/10/22 Off Market $265,000 -- --
09/30/2022 09/30/22 For Sale $299,000 -- $240 / 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 $3,642 $185,510 -- --
2023 $3,535 $180,110 $0 $0
2022 $3,436 $174,870 $0 $0
2021 $3,238 $169,780 $0 $0
2020 $3,241 $164,840 $0 $0
2019 $3,127 $160,040 $0 $0
2018 $3,087 $0 $0 $0
2017 $2,786 $0 $0 $0
2016 $2,654 $0 $0 $0
2015 $2,674 $0 $0 $0
2014 $2,587 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    AMBERLY PEREZ

    LEVEL REALTY GROUP

    Section Image
  • MOLLY EDWARDS

    Buyer's Agent in 2022

    MOLLY EDWARDS

    HOMESMART REALTY GROUP

    (503) 999-7519

    7 in this area

    134 Total Sales

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 798397

Willamette Valley MLS

APN: 582883

Oregon Marion County Salem 97302 Morningside

1120 Morningside Dr SE, Salem, OR

This home is located at 1120 Morningside Dr SE, Salem, OR 97302 since 29 September 2022 and is currently estimated at $378,042, approximately $302 per square foot. This property was built in 1948. 1120 Morningside Dr SE is a home located in Marion County with nearby schools including Morningside Elementary School, Leslie Middle School, and South 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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