NOT LISTED FOR SALE

1340 Olive St NE Salem, OR 97301

Northeast Neighbors Neighborhood

Estimated Value: $251,000 - $351,000

2 Beds
1 Bath
884 Sq Ft
$356/Sq Ft Est. Value

Last Sold March 09, 2016

Last sale price $113,300 $128 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,878/month

82 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Forced Air Heating System
  • 1 Car Attached Garage
  • Landscaped
  • Partially Fenced Property

About This Home

As of March 2016

Best buy in Englewood! Nice, spacious kitchen opens to dining area. Large great room with fireplace. Two bedrooms and one bathroom. One level home in great neighborhood close to downtown. This is a Fannie Mae Home Path property. The seller directs that all offers on this listing be made using the HomePath Online offer system at the HomePath website homepath.com.

Last Agent to Sell the Property

Brian Smith

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #920800079 Listed on: 12/18/2015

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

Gary Bauer

KNIPE REALTY ERA POWERED License #970100071

KNIPE REALTY ERA POWERED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 1950

Lot Details

  • 5,100 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped

Parking

  • 1 Car Attached Garage

Home Design

  • Shake Siding

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,814

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: Best buy in Englewood! Nice, spacious kitchen opens to dining area. Large great room with fireplace. Two bedrooms and one bathroom. One level home in great neighborhood close to downtown. This is a Fannie Mae Home Path property. The seller directs that all offers on this listing be made using the HomePath Online offer system at the HomePath website homepath.com.
  • Cross Street: 15th/Market
  • Year Built: 1950
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Wood, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Price Per Sq Ft: 128.17
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 128.17

Exterior Features

  • Fenced Yard: Partial
  • Landscape: Yes
  • Siding: Shake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Forced Air

Schools

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

Lot Info

  • Acres: 0.12
  • Estimated Lot Sq Ft: 5100
  • Lot: 8
  • Lot Type: Dimension Above
  • Price Per Acre: 944166.67

Tax Info

  • Tax Years: 2015
  • Tax Account Number: R71152
  • Tax Amount: 1814

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2015
Closed on
Mar 8, 2016
Sold by
Fannie Mae
Bought by
Lamet Nicholas
Seller's Agent
Brian Smith
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Gary Bauer
KNIPE REALTY ERA POWERED
List Price
$113,300
Sold Price
$113,300
Current Estimated Value
$314,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,990
Avg. Annual Appreciation
11.03%
Original Mortgage
$101,970
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2015
Sold by
Martin Dustin
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 13, 2015
Sold by
Jpmorgan Chase Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 1, 2004
Sold by
Heirs & Devisees Of Estate Ruby C Larson
Bought by
Martin Dustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,910
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lamet Nicholas $113,300 Nextitle
Federal National Mortgage Association $112,247 Nextitle
Federal National Mortgage Association -- Nextitle
Martin Dustin $103,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamet Nicholas $101,970
Previous Owner Martin Dustin $99,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2016 03/09/16 Sold $113,300 0.0% $128 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
12/18/2015 12/18/15 For Sale $113,300 -- $128 / 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 $2,547 $129,700 -- --
2023 $2,472 $125,930 $0 $0
2022 $2,331 $122,270 $0 $0
2021 $2,264 $118,710 $0 $0
2020 $2,198 $115,260 $0 $0
2019 $2,121 $111,910 $0 $0
2018 $2,159 $0 $0 $0
2017 $1,948 $0 $0 $0
2016 $1,856 $0 $0 $0
2015 $1,870 $0 $0 $0
2014 $1,810 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Smith

    Seller's Agent in 2016

    Brian Smith

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 551-8510

    2 in this area

    154 Total Sales

    Brian Smith
    Section Image
  • Gary Bauer

    Buyer's Agent in 2016

    Gary Bauer

    KNIPE REALTY ERA POWERED

    (503) 932-0975

    2 in this area

    46 Total Sales

    Gary Bauer
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 698602

Willamette Valley MLS

APN: 571152

Oregon Marion County Salem 97301 Northeast Neighbors

1340 Olive St NE, Salem, OR

This home is located at 1340 Olive St NE, Salem, OR 97301 since 18 December 2015 and is currently estimated at $314,290, approximately $355 per square foot. This property was built in 1950. 1340 Olive St NE is a home located in Marion County with nearby schools including Englewood 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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