$199,000
SOLD JUL 14, 2017

1438 Palace Dr NE Salem, OR 97301

East Lancaster Neighborhood
3 Beds
1.5 Baths
1,280 Sq Ft
7,138 Sq Ft Lot

Recently Sold

$155 Per Sq Ft

5% Above List Price

1 Day on Market

Highlights

  • Family Room with Fireplace
  • Fenced Yard
  • 1-Story Property
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Landscaped

About This Home

As of July 2017

Well maintained, ranch style home in an established Northeast Salem neighborhood. Ready to make your own. Enter into the living room & dining area with laminate floor. Kitchen includes pantry shelves and refrigerator. Family room features fireplace and slider to covered patio in fenced backyard perfect for kids or pets. Close to busline, shopping & Swegle Elementary School.

Last Agent to Sell the Property

RICK AND ANDE HOFMANN

HOMESMART REALTY GROUP License #780301655 Listed on: 06/09/2017

HOMESMART REALTY GROUP

Last Buyer's Agent

GRIT PHILLIPS

MODERN REALTY GROUP LLC License #971000025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,380

Year Built

  • Built in 1977

Lot Details

  • 7,138 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 17 / 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,380

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Yes
  • Range Facility: Electric
  • Syndicated Remarks: Well maintained, ranch style home in an established Northeast Salem neighborhood. Ready to make your own. Enter into the living room & dining area with laminate floor. Kitchen includes pantry shelves and refrigerator. Family room features fireplace and slider to covered patio in fenced backyard perfect for kids or pets. Close to busline, shopping & Swegle Elementary School.
  • Cross Street: Monarchy
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Fireplace: Family Room
  • Negotiable Inclusions: Dishwasher, Range, Refrigerator
  • 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: Dimensions: 12.8 x 11.4, On Level: 1/Main
  • Bedroom 2: Dimensions: 10.10 x 10, On Level: 1/Main
  • Bedroom 3: Dimensions: 10.10 x 9, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 10.3 x 9, On Level: 1/Main
  • Family Room: Dimensions: 19 x 11.9, On Level: 1/Main
  • Living Room: Dimensions: 16.10x13.8, On Level: 1/Main
  • Kitchen: Dimensions: 11.2 x 8, On Level: 1/Main
  • Price Per Sq Ft: 155.47
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 148.36

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: Green
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Forced Air, Gas
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Schools

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

Lot Info

  • Acres: 0.16
  • Estimated Lot Dimensions: Irreg
  • Estimated Lot Sq Ft: 7138
  • Lot: 17
  • Lot Type: Irregular
  • Price Per Acre: 1186875
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R88857
  • Tax Years: 16-17
  • Tax Account Number: R88857
  • Tax Amount: 2380

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2021
Sold by
Keithley Shiloh M
Bought by
Keithley Shiloh and Thompson Kevin L
Current Estimated Value
$382,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Outstanding Balance
$169,277
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$207,776

Purchase Details

Listed on
Jul 13, 2017
Closed on
Jul 13, 2017
Sold by
Mcluen Lori L
Bought by
Keithley Shiloh M
Seller's Agent
RICK AND ANDE HOFMANN
HomeSmart Realty Group
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$189,900
Sold Price
$199,000
Premium/Discount to List
$9,100
4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$179,100
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Interfamily Deed Transfer -- Ticor Title Company Of Or
Bargain Sale Deed -- Ticor Title
Deed $199,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $186,000 New Conventional
Closed $186,000 New Conventional
Previous Owner $179,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $199,000 0.0% $155 / Sq Ft
07/14/2017 07/14/17 Sold $199,000 +4.8% $155 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $189,900 0.0% $148 / Sq Ft
06/09/2017 06/09/17 For Sale $189,900 -- $148 / 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 $3,266 $166,330 -- --
2023 $3,170 $161,490 $0 $0
2022 $2,989 $156,790 $0 $0
2021 $2,903 $152,230 $0 $0
2020 $2,819 $147,800 $0 $0
2019 $2,720 $143,500 $0 $0
2018 $2,768 $0 $0 $0
2017 $2,498 $0 $0 $0
2016 $2,380 $0 $0 $0
2015 $2,397 $0 $0 $0
2014 $2,320 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • RICK AND ANDE HOFMANN

    Seller's Agent in 2017

    RICK AND ANDE HOFMANN

    HomeSmart Realty Group

    (503) 881-3888

    1 in this area

    76 Total Sales

    RICK AND ANDE HOFMANN
    Section Image

  • G

    Buyer's Agent in 2017

    GRIT PHILLIPS

    MODERN REALTY GROUP LLC

    (503) 932-5297

    1 in this area

    33 Total Sales

    GRIT PHILLIPS
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 719583

Willamette Valley MLS

APN: 588857

Oregon Marion County Salem 97301 East Lancaster

1438 Palace Dr NE, Salem, OR

This home is located at 1438 Palace Dr NE, Salem, OR 97301 and is currently priced at $199,000, approximately $155 per square foot. This property was built in 1977. 1438 Palace Dr 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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