$110,501
SOLD MAR 9, 2017

1408 Hoffman Rd NE Salem, OR 97301

East Lancaster Neighborhood
2 Beds
1 Bath
1,122 Sq Ft
0.28 Acres

Recently Sold

$98 Per Sq Ft

21% Above List Price

10 Days on Market

Highlights

  • RV Access or Parking
  • Fenced Yard
  • 1-Story Property
  • Covered Patio or Porch
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of November 2017

Fantastic opportunity near Royal Oaks Park! One level home with great potential located on huge lot with loads of space in front and back. Large kitchen, two bedrooms, one bath, spacious garage and much more. Bring your tool box and design ideas and make this home truly your own.

Last Agent to Sell the Property

JOHN VELEZ

KELLER WILLIAMS REALTY PORTLAND PREMIERE License #200507269 Listed on: 01/29/2017

Last Buyer's Agent

Janice Womack

WOMACK REALTY License #910400157

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,610

Year Built

  • Built in 1937

Lot Details

  • 0.28 Acre Lot
  • Fenced Yard
  • Property is zoned UD

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,122 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot R71728

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,610

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Fantastic opportunity near Royal Oaks Park! One level home with great potential located on huge lot with loads of space in front and back. Large kitchen, two bedrooms, one bath, spacious garage and much more. Bring your tool box and design ideas and make this home truly your own.
  • Year Built: 1937
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 98.49
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 81.55

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: Yellow
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Roof: Composition
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Forced Air
  • High Speed Comm Access: Unknown
  • Sewer City: Yes
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Swegle
  • Middle School: Waldo
  • High School: McKay

Lot Info

  • Acres: 0.28
  • Estimated Lot Sq Ft: 12400
  • Flood Plain: Unknown
  • Lot: R71728
  • Price Per Acre: 326785.71
  • Rv Amenities: Area/Room For
  • Zoning: UD
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2016
  • Tax Account Number: R71728
  • Tax Amount: 1610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2017
Closed on
Nov 21, 2017
Sold by
Weaver Michael and Weaver William
Bought by
Garibay Federico and Garibay Lourdes Angelina
Seller's Agent
YVONNE MESSMER
JOHN L. SCOTT-SALEM
Buyer's Agent
Maria Reyes Corral
HOMESMART REALTY GROUP
List Price
$269,900
Sold Price
$273,000
Premium/Discount to List
$3,100
1.15%
Current Estimated Value
$408,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,187
Avg. Annual Appreciation
5.30%
Original Mortgage
$268,055
Interest Rate
3.91%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 29, 2017
Closed on
Mar 2, 2017
Sold by
The Secretary Of Veterans Affairs
Bought by
Weaver Michael and Weaver William
Seller's Agent
JOHN VELEZ
KELLER WILLIAMS REALTY PORTLAND PREMIERE
Buyer's Agent
Janice Womack
WOMACK REALTY
List Price
$91,500
Sold Price
$110,501
Premium/Discount to List
$19,001
20.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
257.47%

Purchase Details

Closed on
Jun 6, 2016
Sold by
Dillon Wayne A and Dillon Celeste
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Dec 11, 2015
Sold by
Pennymac Loan Services Llc
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Nov 6, 2015
Sold by
Dillon Wayne A and Dillon Celeste
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Oct 1, 2003
Sold by
Gray Joan Maria
Bought by
Dillon Wayne A and Dillon Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,140
Interest Rate
6.27%
Mortgage Type
VA
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 Type Sale Price Title Company
Warranty Deed $273,000 Fidelity National Title
Special Warranty Deed $110,501 Fidelity National Title
Sheriffs Deed $58,685 None Available
Special Warranty Deed -- Nextitle
Sheriffs Deed $58,685 None Available
Warranty Deed $107,000 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,995 FHA
Closed $268,055 FHA
Previous Owner $20,300 Credit Line Revolving
Previous Owner $109,140 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2017 11/22/17 Sold $273,000 +1.1% $162 / Sq Ft
10/12/2017 10/12/17 For Sale $269,900 +144.3% $160 / Sq Ft
03/09/2017 03/09/17 Sold $110,501 +20.8% $98 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
01/29/2017 01/29/17 For Sale $91,500 -- $82 / 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 $3,379 $207,050 -- --
2023 $3,206 $201,020 $0 $0
2022 $3,023 $195,170 $0 $0
2021 $2,993 $189,490 $0 $0
2020 $2,806 $183,980 $0 $0
2019 $2,829 $178,630 $0 $0
2018 $2,850 $0 $0 $0
2017 $1,678 $0 $0 $0
2016 $1,609 $0 $0 $0
2015 $1,592 $0 $0 $0
2014 $1,472 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    JOHN VELEZ

    KELLER WILLIAMS REALTY PORTLAND PREMIERE

    Section Image

  • Y

    Seller's Agent in 2017

    YVONNE MESSMER

    JOHN L. SCOTT-SALEM

    25 Total Sales

    YVONNE MESSMER
    Section Image

  • J

    Buyer's Agent in 2017

    Janice Womack

    WOMACK REALTY

    (503) 851-3083

    9 Total Sales

    Janice Womack
    Section Image

  • M

    Buyer's Agent in 2017

    Maria Reyes Corral

    HOMESMART REALTY GROUP

    (971) 599-5865

    1 in this area

    37 Total Sales

    Maria Reyes Corral
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 714210

Willamette Valley MLS

APN: 571728

Oregon Marion County Salem 97301 East Lancaster

1408 Hoffman Rd NE, Salem, OR

This home is located at 1408 Hoffman Rd NE, Salem, OR 97301 and is currently priced at $110,501, approximately $98 per square foot. This property was built in 1937. 1408 Hoffman Rd NE is a home located in Marion County with nearby schools including Swegle Elementary School, Waldo Middle School, and McKay 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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