NOT LISTED FOR SALE

1125 Barnes Ave SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $436,000 - $498,000

3 Beds
2 Baths
2,039 Sq Ft
$228/Sq Ft Est. Value

Last Sold February 13, 2019

Last sale price $285,000 $140 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,732/month

About This Home

Proposed .25 acre flag lot- buyer responsible for due diligence concerning development. Sprawling rancher on almost half acre lot in South Salem. Zoned RA and allows raising of livestock, fowl, and other animals by residents of the premises for their own private noncommercial use. Separate side entrance for possible dual living, fourth bedroom has closet across hall, large den area. On own well and city sewer. Fruit trees, berries and garden area. Also 2 pole structures for animals, feed storage.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Feb 12, 2019
Sold by
Poole Lorna
Bought by
Ball Doyle and Ball Bonnie
Seller's Agent
Paul Terjeson
KELLER WILLIAMS REALTY -ALBANY
Buyer's Agent
Sandra Gray
KELLER WILLIAMS CAPITAL CITY
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Current Estimated Value
$465,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,736
Avg. Annual Appreciation
7.49%
Original Mortgage
$294,405
Outstanding Balance
$258,314
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$207,422

Purchase Details

Listed on
Dec 4, 2015
Closed on
Apr 28, 2016
Sold by
V Mortgage Reo 1 Llc
Bought by
Poole Lorna
Seller's Agent
Jennifer LeBouef
MARK ATKINSON REAL ESTATE, INC
Buyer's Agent
Paul Terjeson
KELLER WILLIAMS REALTY -ALBANY
List Price
$147,900
Sold Price
$125,000
Premium/Discount to List
-$22,900
-15.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.37%

Purchase Details

Closed on
Dec 18, 2015
Sold by
Mansfield Douglas R and Mansfield Barbara
Bought by
V Mortgage Reo 1 Llc
Source: Public Records

Range of Values:

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

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ICE

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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
Ball Doyle $285,000 Fidelity Natl Title Co Of Or
Poole Lorna $125,000 Fidelity Natl Title Co Of Or
V Mortgage Reo 1 Llc $181,485 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ball Doyle $294,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2019 02/13/19 Sold $285,000 -1.0% $140 / Sq Ft View Prior Sale
10/15/2018 10/15/18 Price Changed $288,000 -2.4% $141 / Sq Ft
07/25/2018 07/25/18 For Sale $295,000 +136.0% $145 / Sq Ft
04/29/2016 04/29/16 Sold $125,000 -15.5% $61 / Sq Ft View Prior Sale
04/11/2016 04/11/16 Pending -- -- --
12/04/2015 12/04/15 For Sale $147,900 -- $73 / Sq Ft

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 $3,365 $176,520 -- --
2024 $3,365 $171,380 -- --
2023 $3,266 $166,390 $0 $0
2022 $3,079 $161,550 $0 $0
2021 $2,991 $156,850 $0 $0
2020 $2,904 $152,290 $0 $0
2019 $2,802 $147,860 $0 $0
2018 $2,852 $0 $0 $0
2017 $2,574 $0 $0 $0
2016 $2,452 $0 $0 $0
2015 $2,470 $0 $0 $0
2014 $2,391 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Terjeson

    Seller's Agent in 2019

    Paul Terjeson

    KELLER WILLIAMS REALTY -ALBANY

    (541) 220-3375

    2 in this area

    386 Total Sales

    Paul Terjeson
    Section Image
  • BILL HEKMAN, JR

    Seller Co-Listing Agent in 2019

    BILL HEKMAN, JR

    PROFESSIONAL REALTY SERVICES INTERNATIONAL

    (503) 580-8664

    1 in this area

    16 Total Sales

    BILL HEKMAN, JR
    Section Image
  • Sandra Gray

    Buyer's Agent in 2019

    Sandra Gray

    KELLER WILLIAMS CAPITAL CITY

    (503) 910-3452

    2 in this area

    53 Total Sales

    Sandra Gray
    Section Image

  • J

    Seller's Agent in 2016

    Jennifer LeBouef

    MARK ATKINSON REAL ESTATE, INC

    (503) 931-7172

    2 in this area

    17 Total Sales

    Jennifer LeBouef
    Section Image
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Map

Oregon Marion County Salem 97306 South Gateway

1125 Barnes Ave SE, Salem, OR

Not Listed for Sale

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