NOT LISTED FOR SALE

1292 Reedy Dr NE Salem, OR 97301

Northeast Salem Neighborhood

Estimated Value: $289,000 - $325,000

2 Beds
1 Bath
940 Sq Ft
$328/Sq Ft Est. Value

Last Sold September 14, 2016

Last sale price $105,000 $112 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $1,982/month

12 Days on Market

Highlights

  • RV Access or Parking
  • Breakfast Area or Nook
  • 1 Car Attached Garage
  • Covered patio or porch
  • Fenced Yard
  • 4-minute walk to Hoover Park

About This Home

As of September 2016

GREAT PRICE on this new HUD Owned property! Owner-Occupants only for the first 15-days on the market, so hurry all you first time buyer before it is opened up to investors also! Large corner lot with drive through gate off Ellis. Large living room with arches and lots of windows. Nice kitchen with eating bar and dining. Inside utility and covered back patio. Some repairs needed and it is eligible for FHA 203K to help finance the repairs and your personal touches as well. Great opportunity. LBP Discl

Last Agent to Sell the Property

CHRIS ALDRICH

WINDERMERE HERITAGE License #970400003 Listed on: 06/08/2016

WINDERMERE HERITAGE

Last Buyer's Agent

PHIL SCOTT

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #200909073

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1946

Lot Details

  • 4,705 Sq Ft Lot
  • Lot Dimensions are 83x129
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

  • Cooling Available
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 6400

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,604

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: GREAT PRICE on this new HUD Owned property! Owner-Occupants only for the first 15-days on the market, so hurry all you first time buyer before it is opened up to investors also! Large corner lot with drive through gate off Ellis. Large living room with arches and lots of windows. Nice kitchen with eating bar and dining. Inside utility and covered back patio. Some repairs needed and it is eligible for FHA 203K to help finance the repairs and your personal touches as well. Great opportunity. LBP Discl
  • Cross Street: Ellis
  • Year Built: 1946
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 12X9.5
  • Bedroom 2: Dimensions: 11X9
  • Dining Room: Dimensions: 7X7.5
  • Living Room: Dimensions: 17x15.5
  • Kitchen: Dimensions: 12X9
  • Bonus Rooms: Breakfast Room/Nook
  • Price Per Sq Ft: 111.7
  • Source Of Sq Ft: Fee
  • Price Per Sq Ft: 92.55

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: Yellow
  • Fenced Yard: Yes
  • Foundation: Slab
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition, Shingle
  • Siding: Wood
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Electric, Baseboard
  • Water: Connected, City
  • Water Heater: Electric

Schools

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

Lot Info

  • Acres: 0.17
  • Estimated Lot Dimensions: 83x129
  • Estimated Lot Sq Ft: 4705
  • Lot: 6400
  • Lot Type: Dimension Above
  • Price Per Acre: 511764.71
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 15-16
  • Tax Account Number: R27287
  • Tax Amount: 1604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Sep 12, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Hedges Dana
Seller's Agent
CHRIS ALDRICH
WINDERMERE HERITAGE
Buyer's Agent
PHIL SCOTT
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$87,000
Sold Price
$105,000
Premium/Discount to List
$18,000
20.69%
Current Estimated Value
$328,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,828
Avg. Annual Appreciation
13.55%
Original Mortgage
$109,001
Outstanding Balance
$88,075
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$237,722

Purchase Details

Closed on
Feb 12, 2016
Sold by
Flagstar Bank Fsb
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 19, 2015
Sold by
Hanson Westly A and Hanson Catherine M
Bought by
Flagstar Bank Fsb
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
Hedges Dana $105,000 Amerititle
Secretary Of Housing & Urban Development -- None Available
Flagstar Bank Fsb $63,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedges Dana $109,001
Previous Owner Hanson Westly A $147,175
Previous Owner Hanson Westly A $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2016 09/14/16 Sold $105,000 +20.7% $112 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $87,000 -- $93 / 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 $2,184 $111,220 -- --
2023 $2,120 $107,990 $0 $0
2022 $1,998 $104,850 $0 $0
2021 $1,941 $101,800 $0 $0
2020 $1,885 $98,840 $0 $0
2019 $1,819 $95,970 $0 $0
2018 $1,851 $0 $0 $0
2017 $1,671 $0 $0 $0
2016 $1,591 $0 $0 $0
2015 $1,604 $0 $0 $0
2014 $1,552 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • CHRIS ALDRICH

    Seller's Agent in 2016

    CHRIS ALDRICH

    WINDERMERE HERITAGE

    (503) 999-3049

    111 Total Sales

    Section Image
  • PHIL SCOTT

    Buyer's Agent in 2016

    PHIL SCOTT

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 559-6524

    14 Total Sales

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Map

Source: Willamette Valley MLS

MLS Number: 705525

Willamette Valley MLS

APN: 527287

Oregon Marion County Salem 97301 Northeast Salem

1292 Reedy Dr NE, Salem, OR

This home is located at 1292 Reedy Dr NE, Salem, OR 97301 since 08 June 2016 and is currently estimated at $308,585, approximately $328 per square foot. This property was built in 1946. 1292 Reedy Dr 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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