NOT LISTED FOR SALE

116 Olympic Ave SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $354,000 - $379,441

3 Beds
2 Baths
1,008 Sq Ft
$367/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $300,000 $298 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,246/month

Highlights

  • Territorial View
  • 2 Car Attached Garage
  • Tile Flooring
  • Fenced Yard
  • Patio
  • 1-Story Property

About This Home

As of March 2021

Adorable one story home in a great neighborhood! Lots of updates including new flooring in kitchen, living room and hall, new roof, interior paint, AC, leveled yard, chicken coop and large private fenced yard with fire-pit.

Last Agent to Sell the Property

MEGAN GRIFFIN

WINDERMERE HERITAGE License #201233347 Listed on: 01/15/2021

WINDERMERE HERITAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,912

Year Built

  • Built in 1984

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 5 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,912

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Built-In, Electric, Range Included
  • Syndicated Remarks: Adorable one story home in a great neighborhood! Lots of updates including new flooring in kitchen, living room and hall, new roof, interior paint, AC, leveled yard, chicken coop and large private fenced yard with fire-pit.
  • Cross Street: Liberty
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 9x12, On Level: 1/Main
  • Bedroom 2: Dimensions: 10.4x11.10, On Level: 1/Main
  • Bedroom 3: Dimensions: 9.5x11.10, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 10x8.5, On Level: 1/Main
  • Living Room: Dimensions: 14.10x16.9, On Level: 1/Main
  • Kitchen: Dimensions: 8.4x8.5, On Level: 1/Main
  • Price Per Sq Ft: 297.62
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 297.62

Exterior Features

  • Patio: Patio
  • Exterior Color: Gray
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding Style: T111
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Electric
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

  • Elementary School: Liberty
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7405
  • Lot: 5
  • Price Per Acre: 1764705.88
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R85469
  • Tax Account Number: R85469

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 12, 2021
Sold by
Griffin Casey W and Griffin Megan M
Bought by
Fox Evangeline J
Seller's Agent
MEGAN GRIFFIN
WINDERMERE HERITAGE
List Price
$3,000,000
Sold Price
$300,000
Premium/Discount to List
-$2,700,000
-90%
Current Estimated Value
$370,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,360
Avg. Annual Appreciation
4.86%
Original Mortgage
$240,000
Outstanding Balance
$217,573
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$153,388

Purchase Details

Listed on
Apr 5, 2017
Closed on
Apr 20, 2017
Sold by
Stanley Vera
Bought by
Tighe Scott S and Tighe Patty S
Seller's Agent
Vera Stanley
HOMESMART REALTY GROUP
Buyer's Agent
Briana Shaw
HOMESMART REALTY GROUP
List Price
$199,900
Sold Price
$215,500
Premium/Discount to List
$15,600
7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$199,725
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2017
Closed on
Apr 11, 2017
Sold by
Tighe Scott S and Tighe Patty S
Bought by
Griffin Casey W and Griffin Megan M
Seller's Agent
Vera Stanley
HOMESMART REALTY GROUP
Buyer's Agent
Briana Shaw
HOMESMART REALTY GROUP
List Price
$199,900
Sold Price
$215,500
Premium/Discount to List
$15,600
7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,725
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2007
Sold by
Maestas Christopher G
Bought by
Tighe Scott S and Tighe Patty S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,180
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 6, 2003
Sold by
Ouska Scott
Bought by
Maestas Christopher G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,375
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving
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
Fox Evangeline J $300,000 First American
Tighe Scott S -- First American
Griffin Casey W $215,500 First American
Tighe Scott S $162,000 Fidelity Natl Title Co Of Or
Maestas Christopher G $120,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Evangeline J $240,000
Previous Owner Griffin Casey W $199,500
Previous Owner Griffin Casey W $199,725
Previous Owner Tighe Scott S $123,600
Previous Owner Tighe Scott S $16,180
Previous Owner Tighe Scott S $129,600
Previous Owner Maestas Christopher G $90,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $300,000 -90.0% $298 / Sq Ft
01/15/2021 01/15/21 For Sale $3,000,000 +1292.1% $2,976 / Sq Ft
05/25/2017 05/25/17 Sold $215,500 +7.8% $214 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $199,900 -- $198 / 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 $2,912 $148,330 -- --
2023 $2,826 $144,010 $0 $0
2022 $2,665 $139,820 $0 $0
2021 $2,589 $135,750 $0 $0
2020 $2,591 $131,800 $0 $0
2019 $2,425 $127,970 $0 $0
2018 $2,468 $0 $0 $0
2017 $2,228 $0 $0 $0
2016 $2,122 $0 $0 $0
2015 $2,138 $0 $0 $0
2014 $2,069 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • MEGAN GRIFFIN

    Seller's Agent in 2021

    MEGAN GRIFFIN

    WINDERMERE HERITAGE

    (503) 409-3955

    3 in this area

    37 Total Sales

    MEGAN GRIFFIN
    Section Image
  • Vera Stanley

    Seller's Agent in 2017

    Vera Stanley

    HOMESMART REALTY GROUP

    (503) 269-8706

    7 in this area

    51 Total Sales

    Vera Stanley
    Section Image

  • B

    Buyer's Agent in 2017

    Briana Shaw

    HOMESMART REALTY GROUP

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 772811

Willamette Valley MLS

APN: 585469

Oregon Marion County Salem 97306 South Gateway

116 Olympic Ave SE, Salem, OR

This home is located at 116 Olympic Ave SE, Salem, OR 97306 since 15 January 2021 and is currently estimated at $370,360, approximately $367 per square foot. This property was built in 1984. 116 Olympic Ave SE is a home located in Marion County with nearby schools including Liberty Elementary School, Crossler Middle School, and Sprague 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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