NOT LISTED FOR SALE

Estimated Value: $434,000 - $531,563

0.06 Acre
$8,248,153 Price per Acre
2,570 Sq Ft Lot

Last Sold October 09, 2015

Last sale price $25,000

Est. 1,905% increase in value since last sale

Current estimated payment $3,196/month

24 Days on Market

About This Lot

As of October 2015

Buildable level lot in heart of Salem. Close distance to Willamette University, Capitol buildings, & shops. Prior structure was a 4 plex rental unit that was removed in 2010 due to fire. Buyer to do own due diligence as to approved uses & verify zoning & city utilities water & sewer with City of Salem. Sold As Is. Seller offers no warranties as to condition or use.

Last Agent to Sell the Property

TABITHA L. SOLBERG

HOMESMART REALTY GROUP License #200610103 Listed on: 09/15/2015

HOMESMART REALTY GROUP

Last Buyer's Agent

TABITHA L. SOLBERG

HOMESMART REALTY GROUP License #200610103 Listed on: 09/15/2015

HOMESMART REALTY GROUP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $343

Lot Details

  • 2,570 Sq Ft Lot
  • Lot Dimensions are 40x63.75
  • Property is zoned RM2

Community Details

  • University Addition Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 34

Property Details

Property Type

Land

Est. Annual Taxes

$343

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Lot (Under 1 Acre)
  • Syndicated Remarks: Buildable level lot in heart of Salem. Close distance to Willamette University, Capitol buildings, & shops. Prior structure was a 4 plex rental unit that was removed in 2010 due to fire. Buyer to do own due diligence as to approved uses & verify zoning & city utilities water & sewer with City of Salem. Sold As Is. Seller offers no warranties as to condition or use.
  • Cross Street: 14th
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 416666.67
  • Price Per Sq Ft: 15.69

Exterior Features

  • Access: Paved
  • Fenced: Partial

Utilities

  • Water: City
  • Electricity: Available
  • Sewer Available: Yes

Schools

  • Elementary School: Bush
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.059
  • Estimated Lot Dimensions: 40x63.75
  • Lot: 4
  • Lot Type: Dimension Above
  • Price Per Acre: 677966.1
  • Zoning: RM2
  • Geo Subdivision: OR
  • Map Parcel Number: R95205

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R95295
  • Tax Account Number: R95295
  • Tax Amount: 343

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2015
Closed on
Sep 23, 2015
Sold by
Pond Jeff G
Bought by
Wav Llc
Seller's Agent
TABITHA L. SOLBERG
HOMESMART REALTY GROUP
Buyer's Agent
TABITHA L. SOLBERG
HOMESMART REALTY GROUP
List Price
$40,000
Sold Price
$25,000
Premium/Discount to List
-$15,000
-37.5%
Current Estimated Value
$501,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,358
Avg. Annual Appreciation
35.57%

Purchase Details

Closed on
Dec 22, 2008
Sold by
Pond Cheri J
Bought by
Pond Jeff G

Purchase Details

Closed on
Sep 26, 2006
Sold by
Kays William Keith
Bought by
Pond Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
8.12%
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
Wav Llc $25,000 First American
Pond Jeff G $189,000 None Available
Pond Jeff $189,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pond Jeff $141,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $25,000 -37.5% --
10/09/2015 10/09/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $40,000 -- --
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
2024 $5,408 $275,420 -- --
2023 $5,248 $267,400 $0 $0
2022 $4,948 $259,620 $0 $0
2021 $4,807 $252,060 $0 $0
2020 $4,667 $244,720 $0 $0
2019 $4,503 $237,600 $0 $0
2018 $4,583 $0 $0 $0
2017 $819 $0 $0 $0
2016 $334 $0 $0 $0
2015 $347 $0 $0 $0
2014 $343 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 695662

Willamette Valley MLS

APN: 595205