NOT LISTED FOR SALE

1157 16th St NE Salem, OR 97301

Northeast Neighbors Neighborhood

Estimated Value: $218,000 - $299,000

2 Beds
1 Bath
948 Sq Ft
$290/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $194,000 $205 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,650/month

About This Home

As of August 2022

SOLD COMP

Last Agent to Sell the Property

Ross Martinson

PARAMOUNT REAL ESTATE SERVICES License #201237494 Listed on: 07/27/2022

Last Buyer's Agent

Ross Martinson

PARAMOUNT REAL ESTATE SERVICES License #201237494 Listed on: 07/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,324

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 948 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Legal Lot and Block 3 / 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,324

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: SOLD COMP
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 204.64
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 204.64

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Lot Info

  • Acres: 0.11
  • Lot: 3
  • Price Per Acre: 1763636.36
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: 574445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 17, 2022
Sold by
Adam Ritchie
Bought by
Martinson Ross and Martinson Allison
Seller's Agent
Ross Martinson
PARAMOUNT REAL ESTATE SERVICES
Buyer's Agent
Ross Martinson
PARAMOUNT REAL ESTATE SERVICES
List Price
$194,000
Sold Price
$194,000
Current Estimated Value
$274,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,746
Avg. Annual Appreciation
12.13%
Original Mortgage
$195,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2015
Sold by
Ritchie Adam
Bought by
Ritchie Richard and Ritchie Adam
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
Martinson Ross $194,000 Amerititle
Ritchie Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinson Ross $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $194,000 0.0% $205 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $194,000 -- $205 / 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 $2,324 $118,350 -- --
2023 $2,255 $114,910 $0 $0
2022 $2,127 $111,570 $0 $0
2021 $2,066 $108,330 $0 $0
2020 $2,068 $105,180 $0 $0
2019 $1,995 $102,120 $0 $0
2018 $1,970 $0 $0 $0
2017 $1,778 $0 $0 $0
2016 $1,693 $0 $0 $0
2015 $1,706 $0 $0 $0
2014 $1,651 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ross Martinson

    Seller's Agent in 2022

    Ross Martinson

    PARAMOUNT REAL ESTATE SERVICES

    (503) 269-5525

    3 in this area

    100 Total Sales

    Ross Martinson
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Map

Source: Willamette Valley MLS

MLS Number: 797012

Willamette Valley MLS

APN: 574445

Oregon Marion County Salem 97301 Northeast Neighbors

1157 16th St NE, Salem, OR

This home is located at 1157 16th St NE, Salem, OR 97301 since 27 July 2022 and is currently estimated at $274,746, approximately $289 per square foot. This property was built in 1910. 1157 16th St NE is a home located in Marion County with nearby schools including Englewood Elementary School, Parrish Middle School, and North 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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