NOT LISTED FOR SALE

1432 Princess Ln NE Salem, OR 97301

East Lancaster Neighborhood

Estimated Value: $382,939 - $402,000

3 Beds
1.5 Baths
1,280 Sq Ft
$309/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $385,000 $301 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,388/month

53 Days on Market

Highlights

  • Family Room with Fireplace
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Territorial View
  • Fenced Yard
  • Covered Deck

About This Home

As of June 2024

Enjoy comfort in this charming, single-level retreat! This corner-lot home boasts two living areas and fresh new carpeting throughout. Step into your backyard oasis, fenced for privacy, and embrace the joys of gardening with raised garden beds. Your peaceful suburban haven awaits!

Last Agent to Sell the Property

Katie Schmidt

HOMESMART REALTY GROUP License #201214733 Listed on: 04/26/2024

HOMESMART REALTY GROUP

Last Buyer's Agent

CYNTHIA RAMIREZ SOTO

COPPER TREE REALTY, LLC License #201219520

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,349

Year Built

  • Built in 1977

Lot Details

  • 7,002 Sq Ft Lot
  • Lot Dimensions are 86x82
  • Fenced Yard
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

  • Swegle Elementary School
  • Waldo Middle School
  • Mckay High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Royaloak Estates 3 Subdivision

Listing and Financial Details

  • Legal Lot and Block 20 / 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,349

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Enjoy comfort in this charming, single-level retreat! This corner-lot home boasts two living areas and fresh new carpeting throughout. Step into your backyard oasis, fenced for privacy, and embrace the joys of gardening with raised garden beds. Your peaceful suburban haven awaits!
  • Cross Street: Swegle
  • Year Built: 1977
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room, Wood
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 1.5
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 300.78
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 300.78

Exterior Features

  • Patio: Covered Deck, Covered Patio
  • Exterior Color: Grey
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

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

Lot Info

  • Acres: 0.16
  • Estimated Lot Dimensions: 86x82
  • Estimated Lot Sq Ft: 7002
  • Lot: 20
  • Lot Type: Dimension Above
  • Price Per Acre: 2406250
  • Underground Sprinklers: Refer To Remarks, Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: 588897
  • Tax Amount: 3349

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jun 18, 2024
Sold by
Lierman Cory and Lierman Coltra
Bought by
Ordinola Abilene Herrera and Hernandez Jose Luis
Seller's Agent
Katie Schmidt
HOMESMART REALTY GROUP
Buyer's Agent
CYNTHIA RAMIREZ SOTO
COPPER TREE REALTY, LLC
List Price
$485,000
Sold Price
$385,000
Premium/Discount to List
-$100,000
-20.62%
Views
26
Current Estimated Value
$395,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,985
Avg. Annual Appreciation
1.11%
Original Mortgage
$378,026
Outstanding Balance
$373,925
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$16,560

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 8, 2022
Sold by
William Greg Shields Revocable Trust
Bought by
Lierman Cory and Lierman Coltra
Seller's Agent
Don Shelby
SHELBY REAL ESTATE P.C.
Buyer's Agent
Sanita Alic
ARNAUT REALTY LLC
List Price
$359,900
Sold Price
$350,500
Premium/Discount to List
-$9,400
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$220,500
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2021
Sold by
William Greg Shields Revocable Living Tr and Shields William Greg
Bought by
Shields William Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,476
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2021
Sold by
Shields William Greg
Bought by
Shields William Greg and Shields William Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,476
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2021
Sold by
Shields William Greg
Bought by
Shields William Greg and Shields William Greg

Purchase Details

Closed on
Oct 26, 2007
Sold by
Shields William G
Bought by
Shields William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.29%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 22, 2004
Sold by
Shields William Greg
Bought by
Shields William Greg and The William Greg Shields Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2004
Sold by
Brown Jasun S and Brown Shanda R
Bought by
Shields William Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.37%
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
Ordinola Abilene Herrera $385,000 Ticor Title
Lierman Cory $350,500 Ticor Title
Shields William Greg -- None Listed On Document
Shields William Greg -- None Available
Shields William Greg -- None Available
Shields William Greg -- None Available
Shields William G -- Fidelity Natl Title Co Of Or
Shields William Greg -- Fidelity Natl Title Co Of Or
Shields William Greg $129,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ordinola Abilene Herrera $378,026
Previous Owner Lierman Cory $220,500
Previous Owner Shields William Greg $222,476
Previous Owner Shields William Greg $222,476
Previous Owner Shields William G $125,000
Previous Owner Shields William Greg $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $385,000 0.0% $301 / Sq Ft
04/28/2024 04/28/24 Price Changed $385,000 -20.6% $301 / Sq Ft
04/28/2024 04/28/24 For Sale $485,000 +38.4% $379 / Sq Ft
08/09/2022 08/09/22 Sold $350,500 +0.1% $274 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $350,000 -2.8% $273 / Sq Ft
06/16/2022 06/16/22 For Sale $359,900 -- $281 / 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 $3,451 $175,750 -- --
2023 $3,349 $170,640 $0 $0
2022 $3,158 $165,670 $0 $0
2021 $3,068 $160,850 $0 $0
2020 $3,070 $156,170 $0 $0
2019 $2,962 $151,630 $0 $0
2018 $2,925 $0 $0 $0
2017 $2,640 $0 $0 $0
2016 $2,514 $0 $0 $0
2015 $2,533 $0 $0 $0
2014 $2,407 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katie Schmidt

    Seller's Agent in 2024

    Katie Schmidt

    HOMESMART REALTY GROUP

    (503) 562-9226

    1 in this area

    21 Total Sales

    Katie Schmidt
    Section Image
  • CYNTHIA RAMIREZ SOTO

    Buyer's Agent in 2024

    CYNTHIA RAMIREZ SOTO

    COPPER TREE REALTY, LLC

    (503) 851-7454

    2 in this area

    40 Total Sales

    CYNTHIA RAMIREZ SOTO
    Section Image
  • Don Shelby

    Seller's Agent in 2022

    Don Shelby

    SHELBY REAL ESTATE P.C.

    (503) 877-7902

    1 in this area

    48 Total Sales

    Don Shelby
    Section Image
  • Sanita Alic

    Buyer's Agent in 2022

    Sanita Alic

    ARNAUT REALTY LLC

    (971) 407-6808

    2 in this area

    28 Total Sales

    Sanita Alic
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 816159

Willamette Valley MLS

APN: 588897

Oregon Marion County Salem 97301 East Lancaster

1432 Princess Ln NE, Salem, OR

This home is located at 1432 Princess Ln NE, Salem, OR 97301 since 26 April 2024 and is currently estimated at $395,985, approximately $309 per square foot. This property was built in 1977. 1432 Princess Ln 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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