NOT LISTED FOR SALE

1320 Franklin St NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $341,000 - $348,000

3 Beds
1 Bath
1,308 Sq Ft
$263/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $315,000 $241 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,069/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • First Floor Utility Room
  • Living Room with Fireplace
  • Covered Patio or Porch
  • 5-minute walk to West Salem Park

About This Home

As of May 2023

This cute 1-level in West Salem offers a large fenced yard for gardening, a bright living room with beautiful wood floors, and a covered patio for outdoor relaxation. The attached garage and large driveway provide plenty of space and parking for all your toys. You'll be close to shops, restaurants, parks, schools, and local bus lines, making it easy to explore and enjoy the area. Don't miss out on this incredible opportunity to call this your home!

Last Agent to Sell the Property

Jason Kennedy

RE/MAX EQUITY GROUP License #200501139 Listed on: 03/29/2023

RE/MAX EQUITY GROUP

Co-Listed By

SEAN BELTON

RE/MAX EQUITY GROUP License #201231315

Last Buyer's Agent

BRADLEY BOHNSTEDT

BRIGHTHOME REAL ESTATE GROUP License #201242270

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,726

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced Yard
  • Property is zoned RS

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 13 / 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,726

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: This cute 1-level in West Salem offers a large fenced yard for gardening, a bright living room with beautiful wood floors, and a covered patio for outdoor relaxation. The attached garage and large driveway provide plenty of space and parking for all your toys. You'll be close to shops, restaurants, parks, schools, and local bus lines, making it easy to explore and enjoy the area. Don't miss out on this incredible opportunity to call this your home!
  • Cross Street: Kingwood Ave NW
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Disposal: Yes
  • Fireplace: Living Room, Wood
  • Flooring: Carpet, Wood, Laminate, Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 15X11, On Level: 1/Main
  • Bedroom 2: Dimensions: 12X8, On Level: 1/Main
  • Bedroom 3: Dimensions: 12X10, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 13X11, On Level: 1/Main
  • Living Room: Dimensions: 21X13, On Level: 1/Main
  • Kitchen: Dimensions: 12X9, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 240.83
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 237

Exterior Features

  • Patio: Covered Patio
  • Fenced Yard: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Aluminum

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Electric, Baseboard, Zonal
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

  • Elementary School: Kalapuya
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 0.11
  • Lot: 13
  • Price Per Acre: 2818181.82
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2022
  • Tax Account Number: 256342
  • Tax Amount: 2726

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Apr 27, 2023
Sold by
Leroy Earl Wright Revocable Living Trust
Bought by
Patterson Jonathan and Patterson Jill
Seller's Agent
Jason Kennedy
RE/MAX EQUITY GROUP
Buyer's Agent
BRADLEY BOHNSTEDT
BRIGHTHOME REAL ESTATE GROUP
List Price
$310,000
Sold Price
$315,000
Premium/Discount to List
$5,000
1.61%
Views
58
Current Estimated Value
$344,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,585
Avg. Annual Appreciation
3.38%
Original Mortgage
$283,500
Outstanding Balance
$277,355
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$64,040

Purchase Details

Closed on
Apr 30, 2014
Sold by
Wright Leroy
Bought by
Wright Leroy Earl and Leroy Earl Wright Revocable Living Trust

Purchase Details

Listed on
Jun 15, 2012
Closed on
Jan 16, 2013
Sold by
Kellor Peggy and Abbott Loreli
Bought by
Wright Leroy
List Price
$134,000
Sold Price
$117,000
Premium/Discount to List
-$17,000
-12.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$114,875
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 2009
Sold by
Kellor Peggy L
Bought by
Peggy Kellor Revocable Living Trust
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
Patterson Jonathan $315,000 Amerititle
Wright Leroy Earl -- None Available
Wright Leroy $117,000 Ticor Title
Peggy Kellor Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Jonathan $283,500
Previous Owner Wright Leroy $114,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $315,000 +1.6% $241 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $310,000 +165.0% $237 / Sq Ft
01/17/2013 01/17/13 Sold $117,000 -12.7% $89 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $134,000 -- $102 / 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
2025 $2,900 $158,490 $35,690 $122,800
2024 $2,900 $153,880 $34,650 $119,230
2023 $2,816 $149,400 $33,640 $115,760
2022 $2,726 $145,050 $32,660 $112,390
2021 $2,648 $140,830 $31,710 $109,120
2020 $2,569 $136,730 $30,780 $105,950
2019 $2,480 $132,750 $29,890 $102,860
2018 $2,439 $128,890 $29,020 $99,870
2017 $2,198 $125,140 $28,170 $96,970
2016 $2,145 $121,500 $27,350 $94,150
2015 $2,162 $117,970 $26,550 $91,420
2014 $2,060 $114,540 $25,780 $88,760
Source: Public Records

Agents Affiliated with this Home

  • Jason Kennedy

    Seller's Agent in 2023

    Jason Kennedy

    RE/MAX

    (503) 679-0554

    2 in this area

    180 Total Sales

    Jason Kennedy
    Section Image

  • S

    Seller Co-Listing Agent in 2023

    SEAN BELTON

    RE/MAX

    Section Image
  • BRADLEY BOHNSTEDT

    Buyer's Agent in 2023

    BRADLEY BOHNSTEDT

    BRIGHTHOME REAL ESTATE GROUP

    (503) 931-9531

    3 in this area

    19 Total Sales

    BRADLEY BOHNSTEDT
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 803223

Willamette Valley MLS

APN: 256342

Oregon Polk County Salem 97304 West Salem

1320 Franklin St NW, Salem, OR

This home is located at 1320 Franklin St NW, Salem, OR 97304 since 29 March 2023 and is currently estimated at $344,585, approximately $263 per square foot. This property was built in 1930. 1320 Franklin St NW is a home located in Polk County with nearby schools including Harritt Elementary School, Walker Middle School, and West 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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