NOT LISTED FOR SALE

1482 Arabian Ave SE Salem, OR 97317

Estimated Value: $333,000 - $397,000

3 Beds
2 Baths
1,239 Sq Ft
$302/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $115,000 $93 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $2,307/month

122 Days on Market

Highlights

  • Fenced Yard
  • Covered Deck
  • Landscaped
  • 2 Car Attached Garage
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of June 2014

This home is located at 1482 Arabian Ave SE, Salem, OR 97317 since 28 February 2014 and is currently estimated at $374,379, approximately $302 per square foot. This property was built in 1996. 1482 Arabian Ave SE is a home located in Marion County with nearby schools including Miller Elementary School, Houck Middle School, and North Salem High School.

Co-Listed By

Cathy Reese

SUNDANCE REALTY LLC License #200508211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 1996

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 1,239 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 61

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,251

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Investors & first time home buyers, this home is in a lovely & established neighborhood. If you are willing to bring a paint can & your cosmetic fixes, this home is worth the effort. Heating & plumbing work fine. Home is convenient to shopping & schools. Great chance to own your own home or acquire for investment income. Seller will consider flexible finance terms. HOME IS RENTED PLEASE DO NOT DISTURB.
  • Cross Street: Rickey
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Price Per Sq Ft: 92.82
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 104.12

Exterior Features

  • Patio: Covered Deck
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Brick, Vinyl
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.15
  • Estimated Lot Sq Ft: 6534
  • Flood Plain: Unknown
  • Lot: 61
  • Lot Type: Dimension Above
  • Price Per Acre: 860000
  • Zoning: RES
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 13-14
  • Tax Account Number: R69536
  • Tax Amount: 2251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2014
Closed on
Jun 27, 2014
Sold by
Bellamy Mark W
Bought by
Houser Jared
List Price
$129,000
Sold Price
$115,000
Premium/Discount to List
-$14,000
-10.85%
Current Estimated Value
$374,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,379
Avg. Annual Appreciation
10.76%

Purchase Details

Listed on
Feb 28, 2014
Closed on
May 23, 2014
Sold by
Bellamy Mark W
Bought by
Houser Jared
List Price
$129,000
Sold Price
$115,000
Premium/Discount to List
-$14,000
-10.85%

Purchase Details

Closed on
Aug 10, 2001
Sold by
Tran Co
Bought by
Bellamy Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2001
Sold by
Tran Co
Bought by
Bellamy Mark W
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
Houser Jared -- Fidelity Natl Title Co Of Or
Houser Jared $12,000 Fidelity National Title
Bellamy Mark W $105,900 Fidelity National Title
Bellamy Mark W $105,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houser Jared $115,500
Previous Owner Bellamy Mark W $95,070
Previous Owner Bellamy Mark W $57,400
Previous Owner Bellamy Mark W $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $115,000 -10.9% $93 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $129,000 -- $104 / 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 $3,394 $172,860 -- --
2023 $3,294 $167,830 $0 $0
2022 $3,106 $162,950 $0 $0
2021 $3,017 $158,210 $0 $0
2020 $3,020 $153,610 $0 $0
2019 $3,284 $149,140 $0 $0
2018 $2,876 $0 $0 $0
2017 $2,596 $0 $0 $0
2016 $2,473 $0 $0 $0
2015 $2,492 $0 $0 $0
2014 $2,411 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller Co-Listing Agent in 2014

    Cathy Reese

    SUNDANCE REALTY LLC

    (503) 873-6512

    9 Total Sales

    Cathy Reese
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Map

Source: Willamette Valley MLS

MLS Number: 673660

Willamette Valley MLS

APN: 569536

Oregon Marion County Salem 97317

1482 Arabian Ave SE, Salem, OR

This home is located at 1482 Arabian Ave SE, Salem, OR 97317 since 28 February 2014 and is currently estimated at $374,379, approximately $302 per square foot. This property was built in 1996. 1482 Arabian Ave SE is a home located in Marion County with nearby schools including Miller Elementary School, Houck Middle School, and North 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.

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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