NOT LISTED FOR SALE

1475 Aerial Way SE Salem, OR 97302

Morningside Neighborhood

Estimated Value: $478,324 - $528,000

4 Beds
2 Baths
2,226 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $414,900 $186 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,008/month

Highlights

  • 2 Fireplaces
  • Covered Patio or Porch
  • Covered Deck
  • Private Yard
  • Attached Garage
  • Laundry Room

About This Home

As of September 2021

Lovely home in desired South Salem area. This 4 bed 2 full bath home is full of upgrades and renovations. Beautiful kitchen w/ newly installed cabinets, flooring, SS appliances, ZLINE range hood, granite and butcher block countertops. Both bathrooms updated with fresh paint and lighting. Central air and two fireplaces. Enjoy the comfy and bright living room with large windows and patio doors leading to an open deck. Quiet neighborhood with proximity to schools, grocery stores, and mass transit.

Last Agent to Sell the Property

Roulette Milhaupt

Realty First License #201221921 Listed on: 07/09/2021

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,712

Year Built

  • Built in 1972

Lot Details

  • Fenced
  • Private Yard
  • Garden

Parking

  • Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement
  • Laundry Room

Flooring

  • Wall to Wall Carpet
  • Laminate

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,712

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Daylight Ranch
  • Sq Ft Calculated: 1113
  • Sq Ft Approximate Total: 2226
  • Stories: 1
  • Year Built: 1972
  • Property Condition: Resale
  • Remarks Public: Lovely home in desired South Salem area. This 4 bed 2 full bath home is full of upgrades and renovations. Beautiful kitchen w/ newly installed cabinets, flooring, SS appliances, ZLINE range hood, granite and butcher block countertops. Both bathrooms updated with fresh paint and lighting. Central air and two fireplaces. Enjoy the comfy and bright living room with large windows and patio doors leading to an open deck. Quiet neighborhood with proximity to schools, grocery stores, and mass transit.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 2.0
  • Fireplace Description: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Laundry, Wall to Wall Carpet, Laminate Flooring, Granite
  • Kitchen Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Granite, Stainless Steel Appliance(s), Range Hood
  • Legal Description: RONALDO HEIGHTS, BLOCK 6, LOT 11, ACRES 0.177
  • Sq Ft Lower Level: 1113
  • Sq Ft Main Level: 1113
  • Bedrooms: 4
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Lower
  • Full Bathrooms: 2
  • Basement: Daylight, Finished
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 2

Exterior Features

  • Exterior Description: Plywood
  • Exterior Features: Covered Patio, Fenced, Garden, Porch, Yard, Covered Deck
  • Lot Size: 7K-9,999SF

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Electricity, Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Schools

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

Lot Info

  • Acres: 0.18

Tax Info

  • Tax Amount: 4067.09
  • Assessor Parcel Number: R87982
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 28, 2021
Sold by
Filey Wendy L
Bought by
Meyer Chris J and Meyer Michale
Seller's Agent
Roulette Milhaupt
Realty First
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$434,000
Sold Price
$414,900
Premium/Discount to List
-$19,100
-4.4%
Current Estimated Value
$495,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,431
Avg. Annual Appreciation
4.48%
Original Mortgage
$264,900
Outstanding Balance
$241,211
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$254,120

Purchase Details

Listed on
Jul 22, 2015
Closed on
Oct 19, 2015
Sold by
Banks Martha C
Bought by
Finley Wendy L
Seller's Agent
Gary Pounder
INET REALTORS
Buyer's Agent
Erin Shaw
HOMESTAR BROKERS
List Price
$224,800
Sold Price
$224,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Original Mortgage
$220,728
Interest Rate
3.71%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Meyer Chris J $414,900 Wfg Title
Finley Wendy L $224,800 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Chris J $264,900
Previous Owner Finley Wendy L $220,728
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $414,900 0.0% $186 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/16/2021 07/16/21 Price Changed $414,900 -4.4% $186 / Sq Ft
07/09/2021 07/09/21 For Sale $434,000 +93.1% $195 / Sq Ft
12/09/2015 12/09/15 Sold $224,800 0.0% $101 / Sq Ft
10/17/2015 10/17/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $224,800 -- $101 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,712 $240,010 -- --
2023 $4,573 $233,020 $0 $0
2022 $4,312 $226,240 $0 $0
2021 $4,189 $219,660 $0 $0
2020 $4,193 $213,270 $0 $0
2019 $3,924 $207,060 $0 $0
2018 $3,994 $0 $0 $0
2017 $3,604 $0 $0 $0
2016 $3,433 $0 $0 $0
2015 $3,018 $0 $0 $0
2014 $2,920 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roulette Milhaupt

    Seller's Agent in 2021

    Roulette Milhaupt

    Realty First

    (971) 295-2521

    3 in this area

    53 Total Sales

    Roulette Milhaupt
    Section Image

  • G

    Seller's Agent in 2015

    Gary Pounder

    INET REALTORS

    Section Image
  • Erin Shaw

    Buyer's Agent in 2015

    Erin Shaw

    HOMESTAR BROKERS

    (503) 931-3088

    4 in this area

    122 Total Sales

    Erin Shaw
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21455512

Regional Multiple Listing Service (RMLS)

APN: 587982

Oregon Marion County Salem 97302 Morningside

1475 Aerial Way SE, Salem, OR

This home is located at 1475 Aerial Way SE, Salem, OR 97302 since 09 July 2021 and is currently estimated at $495,331, approximately $222 per square foot. This property was built in 1972. 1475 Aerial Way SE is a home located in Marion County with nearby schools including Morningside Elementary School, Leslie Middle School, and South Salem 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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