NOT LISTED FOR SALE

Estimated Value: $193,000 - $548,000

0.25 Acre
$1,417,332 Price per Acre
10,890 Sq Ft Lot

Last Sold April 24, 2024

Last sale price $130,000

Est. 173% increase in value since last sale

Current estimated payment $2,044/month

972 Days on Market

About This Lot

As of April 2024

Great view. Hard to find big lot . Mostly level site with City utilities. Quiet dead end street. Excellent schools within walking distance. Surrounded by other big lots. Sold 'as is'. Geotech report available at City. Seller is licensed Real Estate Broker in Oregon.

Last Agent to Sell the Property

Alan Chen

SUNDANCE REALTY LLC License #200210123 Listed on: 08/26/2021

Last Buyer's Agent

Alan Chen

SUNDANCE REALTY LLC License #200210123 Listed on: 08/26/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,748

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 98x110
  • Irregular Lot

Property Views

  • Mountain
  • Territorial

Schools

  • Chapman Elementary School
  • Straub Middle School
  • West Salem High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Glen Eden 3 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,748

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Lot (Under 1 Acre)
  • Syndicated Remarks: Great view. Hard to find big lot . Mostly level site with City utilities. Quiet dead end street. Excellent schools within walking distance. Surrounded by other big lots. Sold 'as is'. Geotech report available at City. Seller is licensed Real Estate Broker in Oregon.
  • Cross Street: Ptarmigan
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 520000
  • Price Per Sq Ft: 12.12

Exterior Features

  • View: Mountain, Territorial
  • Access: Paved

Utilities

  • Water: City
  • Water Rights: Unknown
  • Cable TV: Available
  • Electricity: Available
  • High Speed Communications: Unknown
  • Natural Gas: Available
  • Sewer Available: Yes
  • Telephone: Available

Schools

  • Elementary School: Chapman
  • Middle School: Straub
  • High School: West Salem

Lot Info

  • Acres: 0.25
  • Estimated Lot Dimensions: 98x110
  • Estimated Lot Sq Ft: 10722
  • Lot Type: Irregular
  • Price Per Acre: 520000
  • Corners: Platted Subdivision
  • Surveyed: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2020
  • Tax Account Number: 570470
  • Tax Amount: 1748

MLS Schools

  • HighSchool: West Salem
  • Middle School: Straub
  • Elementary School: Chapman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2025
Sold by
Kostromitin Paul and Kostromitin Yuliya
Bought by
Kostromitin Paul and Kostromitin Yuliya
Current Estimated Value
$354,333

Purchase Details

Closed on
Jul 30, 2024
Sold by
Ymk Corporation
Bought by
Kostromitin Paul and Kostromitin Yuliya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.89%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 26, 2021
Closed on
Apr 23, 2024
Sold by
Chen D Alan
Bought by
Ymk Corporation
Seller's Agent
Alan Chen
SUNDANCE REALTY LLC
Buyer's Agent
Alan Chen
SUNDANCE REALTY LLC
List Price
$175,000
Sold Price
$130,000
Premium/Discount to List
-$45,000
-25.71%
Views
250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.63%

Purchase Details

Closed on
Dec 29, 2022
Sold by
Chen D Alan
Bought by
Chen D Alan D and Chen Marisa K

Purchase Details

Closed on
Dec 18, 2020
Sold by
Chen Leo H
Bought by
Chen D Alan

Purchase Details

Closed on
Aug 4, 2010
Sold by
Mountain West Investments Corporation
Bought by
Chen Leo H
Source: Public Records

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    • 0.2 Acre
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    Ready to make some money?! Buildable corner lot ready for INCOME potential in West Salem! Seller has DUPLEX plans that have been reviewed by the city and seller will share those plans with solid offer. Want more income than a duplex? Seller also has plans drawn for a 4-PLEX that could be shared with solid offer. Seller says SDC credits may be available due to the home that was previously demoed

    Renae Bendix HOMESMART REALTY GROUP

    Section Image

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
Kostromitin Paul -- First American Title
Kostromitin Paul -- First American Title
Ymk Corporation $126,750 Fidelity National Title
Chen D Alan D -- None Listed On Document
Chen D Alan -- None Available
Chen Leo H $157,500 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kostromitin Paul $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $130,000 0.0% --
03/19/2024 03/19/24 Price Changed $130,000 -7.1% --
02/15/2024 02/15/24 Price Changed $140,000 -6.7% --
12/27/2023 12/27/23 Price Changed $150,000 -9.1% --
05/18/2022 05/18/22 Price Changed $165,000 -5.7% --
08/26/2021 08/26/21 For Sale $175,000 -- --
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 $1,972 $491,650 $112,780 $378,870
2024 $1,972 $104,650 $104,650 --
2023 $1,915 $101,610 $101,610 $0
2022 $1,854 $98,660 $98,660 $0
2021 $1,796 $95,790 $95,790 $0
2020 $1,748 $93,000 $93,000 $0
2019 $1,687 $90,300 $90,300 $0
2018 $1,659 $87,670 $87,670 $0
2017 $1,305 $75,000 $75,000 $0
2016 $913 $52,200 $52,200 $0
2015 $584 $33,460 $33,460 $0
2014 $539 $30,170 $30,170 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 782719

Willamette Valley MLS

APN: 570470