NOT LISTED FOR SALE

1120 Rural Ave SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $291,000 - $309,300

2 Beds
1 Bath
690 Sq Ft
$431/Sq Ft Est. Value

Last Sold September 14, 2016

Last sale price $145,000 $210 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,790/month

3 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • First Floor Utility Room
  • Territorial View
  • Covered patio or porch
  • Fenced Yard

About This Home

As of September 2016

Cute cottage style home zoned for Multiple Family Residential! The 140' deep lot has alley access & room for another dwelling. Excellent location just a couple blocks East of South Salem High School. This single level has authentic hardwood floors, wood burning Living Room fireplace, updated double pane windows, all appliances with built in microwave & attached deep single car garage. Nice rear covered patio & huge back yard that's fully cyclone fenced w/privacy slats. Abundant & beautiful landscaping!

Last Agent to Sell the Property

Tod Jenning

REALTY ONE GROUP WILLAMETTE VALLEY License #200508247 Listed on: 07/08/2016

REALTY ONE GROUP WILLAMETTE VALLEY

Last Buyer's Agent

MATT TOLINE

DAT REAL ESTATE SOLUTIONS, PC License #200809023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,302

Year Built

  • Built in 1946

Lot Details

  • 6,995 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned RM2

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding
  • T111 Siding

Interior Spaces

  • 690 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 8 / 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,302

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Cute cottage style home zoned for Multiple Family Residential! The 140' deep lot has alley access & room for another dwelling. Excellent location just a couple blocks East of South Salem High School. This single level has authentic hardwood floors, wood burning Living Room fireplace, updated double pane windows, all appliances with built in microwave & attached deep single car garage. Nice rear covered patio & huge back yard that's fully cyclone fenced w/privacy slats. Abundant & beautiful landscaping!
  • Cross Street: Berry
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: Fridge, Oven, Portable Dish Washer, Dog Kennell
  • Flooring: Wood, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • 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: 210.14
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 195.65

Exterior Features

  • Patio: Covered Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap, T111
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Wall Furnace
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Gas

Lot Info

  • Acres: 0.16
  • Estimated Lot Dimensions: 50 X 140
  • Estimated Lot Sq Ft: 6995
  • Lot: 8
  • Lot Type: Dimension Above
  • Price Per Acre: 843750
  • Underground Sprinklers: Yes
  • Zoning: RM2
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 15-16
  • Tax Account Number: R96975
  • Tax Amount: 1302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2016
Closed on
Sep 14, 2016
Sold by
Litsey Cory T
Bought by
Graham Shane
Seller's Agent
Tod Jenning
REALTY ONE GROUP WILLAMETTE VALLEY
Buyer's Agent
MATT TOLINE
DAT REAL ESTATE SOLUTIONS, PC
List Price
$135,000
Sold Price
$145,000
Premium/Discount to List
$10,000
7.41%
Current Estimated Value
$297,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,325
Avg. Annual Appreciation
8.28%
Original Mortgage
$142,373
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 2006
Sold by
Stewart Annaliese and Ritter Annaliese
Bought by
Litsey Cory T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,120
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2001
Sold by
Wacker Larry J and Wacker Carolyn S
Bought by
Ritter Annaliese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.15%
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
Graham Shane $145,000 Fidelity Natl Title Co Of Or
Litsey Cory T $141,400 Amerititle
Ritter Annaliese $90,000 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Shane $145,025
Closed Graham Shane $142,373
Previous Owner Litsey Cory T $113,120
Previous Owner Litsey Cory T $28,280
Previous Owner Ritter Annaliese $10,000
Previous Owner Ritter Annaliese $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2016 09/14/16 Sold $145,000 +7.4% $210 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $135,000 -- $196 / 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 $1,773 $90,300 -- --
2023 $1,721 $87,670 $0 $0
2022 $1,622 $85,120 $0 $0
2021 $1,576 $82,650 $0 $0
2020 $1,530 $80,250 $0 $0
2019 $1,477 $77,920 $0 $0
2018 $1,503 $0 $0 $0
2017 $1,357 $0 $0 $0
2016 $1,292 $0 $0 $0
2015 $1,302 $0 $0 $0
2014 $1,260 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tod Jenning

    Seller's Agent in 2016

    Tod Jenning

    REALTY ONE GROUP WILLAMETTE VALLEY

    (503) 931-8864

    15 Total Sales

    Tod Jenning
    Section Image

  • M

    Buyer's Agent in 2016

    MATT TOLINE

    DAT REAL ESTATE SOLUTIONS, PC

    (503) 991-8424

    7 Total Sales

    MATT TOLINE
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 706962

Willamette Valley MLS

APN: 596975

Oregon Marion County Salem 97302 South Central

1120 Rural Ave SE, Salem, OR

This home is located at 1120 Rural Ave SE, Salem, OR 97302 since 08 July 2016 and is currently estimated at $297,325, approximately $430 per square foot. This property was built in 1946. 1120 Rural Ave SE is a home located in Marion County with nearby schools including McKinley 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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