NOT LISTED FOR SALE

120 Summit View Ave SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $614,926 - $690,000

4 Beds
2 Baths
2,196 Sq Ft
$295/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $483,000 $220 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,160/month

48 Days on Market

Highlights

  • Newly Remodeled
  • 2 Car Attached Garage
  • 1-Story Property
  • First Floor Utility Room

About This Home

As of July 2019

There’s nothing like a modern home, especially one built with contemporary flair by Stanko Custom Homes. This thoughtfully designed single-level floor plan boasts clean lines, bold colors & exquisite design choices. As you enter into the home you immediately feel the comfort of the modern aesthetic and open concept floor plan. The great room features vaulted ceiling adorned by an electric fireplace with wide-planks & metal inlays. Master bedroom features spa-like bathroom & extra large shower. MUST SEE HOME

Last Agent to Sell the Property

LILLIAN KAY

FCRE HOME License #201208937 Listed on: 05/16/2019

Last Buyer's Agent

LILLIAN KAY

FCRE HOME License #201208937 Listed on: 05/16/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $197

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,196 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Tax Lot 48

Home Details

Home Type

Single Family

Est. Annual Taxes

$197

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • New Construction: Yes
  • Syndicated Remarks: There’s nothing like a modern home, especially one built with contemporary flair by Stanko Custom Homes. This thoughtfully designed single-level floor plan boasts clean lines, bold colors & exquisite design choices. As you enter into the home you immediately feel the comfort of the modern aesthetic and open concept floor plan. The great room features vaulted ceiling adorned by an electric fireplace with wide-planks & metal inlays. Master bedroom features spa-like bathroom & extra large shower. MUST SEE HOME
  • Cross Street: Liberty
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 16x13, On Level: 1/Main
  • Bedroom 2: Dimensions: 12x12, On Level: 1/Main
  • Bedroom 3: Dimensions: 12x12, On Level: 1/Main
  • Bedroom 4: Dimensions: 11.4x11, On Level: 1/Main
  • Dining Room: Dimensions: 16x10, On Level: 1/Main
  • Living Room: Dimensions: 16x15, On Level: 1/Main
  • Kitchen: Dimensions: 15x10, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 219.95
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 218.12

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Schools

  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7405
  • Lot: 48
  • Price Per Acre: 2817647.06
  • Zoning: Res
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2018
  • Tax Account Number: R354093
  • Tax Amount: 197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Thomas Duncan Drew and Thomas Dianne Harris
Bought by
Thomas Duncan D and Thomas Dianne E
Total Days on Market
48
Current Estimated Value
$647,232

Purchase Details

Listed on
May 16, 2019
Closed on
Jul 31, 2019
Sold by
Stanko Construction Corp
Bought by
Drew Thomas Duncan and Harris Thomas Dianne
Seller's Agent
LILLIAN KAY
FCRE HOME
Buyer's Agent
LILLIAN KAY
FCRE HOME
List Price
$489,000
Sold Price
$483,000
Premium/Discount to List
-$6,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$85,000
Outstanding Balance
$75,702
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$574,037

Purchase Details

Closed on
Sep 12, 2018
Sold by
Rainier Estates Llc
Bought by
Stanko Construction Inc
Source: Public Records

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Range of Values:

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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
Thomas Duncan D -- None Available
Drew Thomas Duncan $483,000 Fidelity National Title
Stanko Construction Inc $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drew Thomas Duncan $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $483,000 +0.8% $220 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/27/2019 06/27/19 Price Changed $479,000 -2.0% $218 / Sq Ft
05/16/2019 05/16/19 For Sale $489,000 -- $223 / 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 $6,474 $329,710 -- --
2023 $6,283 $320,110 $0 $0
2022 $5,924 $310,790 $0 $0
2021 $5,755 $301,740 $0 $0
2020 $5,760 $292,960 $0 $0
2019 $3,037 $155,460 $0 $0
2018 $1,217 $0 $0 $0
2017 $198 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 748923

Willamette Valley MLS

APN: 354093