NOT LISTED FOR SALE

116 Olympic Ave SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $358,000 - $401,000

3 Beds
2 Baths
1,008 Sq Ft
$377/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2021

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

Est. 27% increase in value since last sale

Current estimated payment $2,326 / mo

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

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

Year Built

Built in 1984

Lot Details

7,405 Sq Ft Lot

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
  • 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
  • Source Of Sq Ft: County

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

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7405
  • Lot: 5
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 12, 2021
Sold by
Bought by
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
$379,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,895
Avg. Annual Appreciation
4.53%
Original Mortgage
$240,000
Interest Rate
0.027%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2017
Closed on
Apr 20, 2017
Sold by
Bought by
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
0.0408%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2017
Closed on
Apr 11, 2017
Sold by
Bought by
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
0.0408%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
0.0614%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2003
Sold by
Bought by

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
0.0622%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 First American
-- First American
$215,500 First American
$162,000 Fidelity Natl Title Co Of Or
$120,500 Ticor Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $40,000
Open $240,000
Previous Owner $199,725
Previous Owner $129,600
Previous Owner $90,375
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,139 $152,770
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

    2 in this area

    40 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

    41 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

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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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