NOT LISTED FOR SALE

1198 Park Ave NE Salem, OR 97301

Northeast Salem Neighborhood

Estimated Value: $359,000 - $381,000

3 Beds
2 Baths
1,482 Sq Ft
$253/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $310,000 $209 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,238/month

Highlights

  • RV Access or Parking
  • Territorial View
  • Fenced Yard
  • Wood Burning Stove
  • Covered Patio or Porch
  • 2 Car Detached Garage

About This Home

As of July 2021

Adorable home in Salem with great investment opportunity. On huge corner lot that seller states can be divided into 2 lots (buyer to do due diligence). Home features newer roof/siding and all new plumbing, true primary bedroom with attached bath and walk in closet. Large dining room or family room off kitchen. Covered back patio with hot tub and 12X10 shed and 9X8 shed in backyard.

Last Agent to Sell the Property

Eric Wellard

RE/MAX INTEGRITY - SALEM License #200310071 Listed on: 06/16/2021

RE/MAX INTEGRITY - SALEM

Co-Listed By

Brian Bemis

RE/MAX INTEGRITY - SALEM License #200603608

Last Buyer's Agent

Holly Ivy-Wyllie

KNIPE REALTY ERA POWERED License #200602414

KNIPE REALTY ERA POWERED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,062

Year Built

  • Built in 1946

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Home Design

  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 1,482 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot .24

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,062

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Adorable home in Salem with great investment opportunity. On huge corner lot that seller states can be divided into 2 lots (buyer to do due diligence). Home features newer roof/siding and all new plumbing, true primary bedroom with attached bath and walk in closet. Large dining room or family room off kitchen. Covered back patio with hot tub and 12X10 shed and 9X8 shed in backyard.
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Wood
  • Wood Burning Stove: Certification Unknown
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 2/Upper
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 209.18
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 212.55

Exterior Features

  • Patio: Covered Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Vinyl
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Forced Air, Gas
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water: City, Well
  • Water Heater: Electric

Schools

  • Elementary School: Hoover
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.24
  • Estimated Lot Sq Ft: 10454
  • Lot: .24
  • Price Per Acre: 1312500
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2020
  • Tax Account Number: R27247
  • Tax Amount: 2062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2021
Sold by
Midkiff Patricia A
Bought by
Smith Mary E
Current Estimated Value
$374,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,882
Interest Rate
2.93%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Smith Mary E $310,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Mary E $283,882
Previous Owner Midkiff Billie L $91,032
Previous Owner Midkiff Billie Lee $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $310,000 -1.6% $209 / Sq Ft
06/21/2021 06/21/21 Price Changed $315,000 +5.0% $213 / Sq Ft
06/16/2021 06/16/21 For Sale $299,900 0.0% $202 / Sq Ft
06/07/2021 06/07/21 Price Changed $299,900 -- $202 / 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 $2,920 $148,730 -- --
2023 $2,834 $144,400 $0 $0
2022 $2,672 $140,200 $0 $0
2021 $2,596 $136,120 $0 $0
2020 $2,491 $104,930 $0 $0
2019 $2,403 $101,880 $0 $0
2018 $1,965 $0 $0 $0
2017 $1,774 $0 $0 $0
2016 $1,690 $0 $0 $0
2015 $1,702 $0 $0 $0
2014 $1,647 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Wellard

    Seller's Agent in 2021

    Eric Wellard

    RE/MAX

    (503) 851-1215

    1 in this area

    264 Total Sales

    Eric Wellard
    Section Image
  • Brian Bemis

    Seller Co-Listing Agent in 2021

    Brian Bemis

    RE/MAX

    (503) 559-9410

    1 in this area

    157 Total Sales

    Brian Bemis
    Section Image
  • Holly Ivy-Wyllie

    Buyer's Agent in 2021

    Holly Ivy-Wyllie

    KNIPE REALTY ERA POWERED

    (503) 851-5940

    1 in this area

    33 Total Sales

    Holly Ivy-Wyllie
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 778508

Willamette Valley MLS

APN: 527247

Oregon Marion County Salem 97301 Northeast Salem

1198 Park Ave NE, Salem, OR

This home is located at 1198 Park Ave NE, Salem, OR 97301 since 16 June 2021 and is currently estimated at $374,463, approximately $252 per square foot. This property was built in 1946. 1198 Park Ave NE is a home located in Marion County with nearby schools including Hoover 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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