NOT LISTED FOR SALE

1170 Boone Rd SE Salem, OR 97306

Faye Wright Neighborhood

Estimated Value: $735,325

0.59 Acre
$1,246,314 Price per Acre
25,700 Sq Ft Lot

Last Sold March 28, 2016

Last sale price $345,000

Est. 113% increase in value since last sale

Current estimated payment $4,751/month

544 Days on Market

Highlights

  • 0.59 Acre Lot
  • Territorial View
  • High Speed Internet

About This Lot

As of March 2016

Just over half an acre of CG zoned dirt. There is an existing metal building with slab on grade that is 6000 square feet and a small 800 square foot wood framed shop. Both are rented and provide a cash flow covering the expenses. Lot has gravel on the north half and has exposure direct to Keubler.The property high traffic area, with freeway access very close by. Local businesses include a Shari's, a convenient store, mixed use commercial complex, strip malls, D&O Garbage, Napa Auto, a gas station, Walmart

Last Agent to Sell the Property

Ian Levin

NATHAN LEVIN CO. License #200510306 Listed on: 07/15/2014

Co-Listed By

Sydney Yelle

NATHAN LEVIN CO. License #200905078

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,298

Lot Details

  • 0.59 Acre Lot
  • Property is zoned CG

Utilities

  • High Speed Internet
  • Phone Available

Additional Features

  • Territorial Views
  • Shop

Listing and Financial Details

  • Tax Lot & 4

Property Details

Property Type

Land

Est. Annual Taxes

$5,298

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Lot (Under 1 Acre)
  • Syndicated Remarks: Just over half an acre of CG zoned dirt. There is an existing metal building with slab on grade that is 6000 square feet and a small 800 square foot wood framed shop. Both are rented and provide a cash flow covering the expenses. Lot has gravel on the north half and has exposure direct to Keubler. The property high traffic area, with freeway access very close by. Local businesses include a Shari's, a convenient store, mixed use commercial complex, strip malls, D&O Garbage, Napa Auto, a gas station, Walmart
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Out Buildings: Separate Shop
  • View: Territorial
  • Access: Unpaved
  • Fenced: Partial

Utilities

  • Water: City
  • High Speed Communications: Available
  • Telephone: Available

Lot Info

  • Acres: 0.59
  • Lot: & 4
  • Zoning: CG

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R75225
  • Tax Amount: 5298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
B2 Property Investment Llc
Bought by
K & D Property One Llc
Current Estimated Value
$735,325

Purchase Details

Listed on
Jul 15, 2014
Closed on
Mar 25, 2016
Sold by
Yelle Sydney C and Levin Ian N
Bought by
B2 Property Investment Llc
Seller's Agent
Ian Levin
NATHAN LEVIN CO.
List Price
$379,000
Sold Price
$345,000
Premium/Discount to List
-$34,000
-8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$265,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2009
Sold by
Jorde Barbara E
Bought by
Yelle Sydney C and Levin Ian N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 14, 2004
Sold by
Jorde Barbara E
Bought by
Jorde Barbara E and The Barbara E Jorde 2004 Revocable Trust
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

Date Buyer Sale Price Title Company
K & D Property One Llc $1,060,000 Amerititle
B2 Property Investment Llc $345,000 Amerititle
Yelle Sydney C $260,000 First American
Jorde Barbara E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed B2 Property Investment Llc $265,000
Previous Owner Yelle Sydney C $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2016 03/28/16 Sold $345,000 -9.0% --
01/10/2016 01/10/16 Pending -- -- --
07/15/2014 07/15/14 For Sale $379,000 -- --
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
2025 $10,559 $553,910 -- --
2024 $10,559 $537,780 -- --
2023 $10,248 $522,120 $0 $0
2022 $9,662 $506,920 $0 $0
2021 $9,386 $492,160 $0 $0
2020 $9,112 $477,830 $0 $0
2019 $8,792 $463,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2016

    Ian Levin

    NATHAN LEVIN CO.

  • S

    Seller Co-Listing Agent in 2016

    Sydney Yelle

    NATHAN LEVIN CO.

See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 679420

Willamette Valley MLS

APN: 575225

Oregon Marion County Salem 97302 Faye Wright

1170 Boone Rd SE, Salem, OR

Not Listed for Sale

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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