NOT LISTED FOR SALE

1216 Ring Ln NE Salem, OR 97303

Estimated Value: $422,000 - $455,000

3 Beds
2 Baths
1,598 Sq Ft
$274/Sq Ft Est. Value

About This Home

This home is located at 1216 Ring Ln NE, Salem, OR 97303 and is currently estimated at $437,382, approximately $273 per square foot. 1216 Ring Ln NE is a home located in Marion County with nearby schools including Weddle Elementary School, Claggett Creek Middle School, and McNary High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Locke Sarah and Locke Greg
Bought by
Locke Sarah K and Locke Albert Stephen
Current Estimated Value
$437,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,014
Outstanding Balance
$38,499
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$398,883

Purchase Details

Closed on
May 2, 2016
Sold by
Sessums Lawrence D
Bought by
Locke Sarah and Locke Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,671
Interest Rate
3.61%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 2002
Sold by
Pacific Construction Inc
Bought by
Sessums Lawrence D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,864
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2001
Sold by
The Mayberry Whitney Group Ii Llc
Bought by
Pacific Construction Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Locke Sarah K -- First American Title
Locke Sarah $239,000 Fatco
Sessums Lawrence D $134,950 Fidelity National Title Co
Pacific Construction Inc $180,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locke Sarah K $42,014
Previous Owner Locke Sarah $234,671
Previous Owner Sessums Lawrence D $132,864
Source: Public Records

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 $3,643 $218,930 -- --
2024 $3,643 $212,560 -- --
2023 $3,467 $206,370 $0 $0
2022 $3,265 $200,360 $0 $0
2021 $3,161 $194,530 $0 $0
2020 $3,078 $188,870 $0 $0
2019 $2,962 $183,370 $0 $0
2018 $3,016 $0 $0 $0
2017 $2,711 $0 $0 $0
2016 $2,592 $0 $0 $0
2015 $2,574 $0 $0 $0
2014 $2,513 $0 $0 $0
Source: Public Records

Map

Oregon Marion County Salem 97303

1216 Ring Ln NE, Salem, OR

Not Listed for Sale

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