NOT LISTED FOR SALE

Estimated Value: $408,000 - $475,000

3 Beds
3 Baths
2,986 Sq Ft
$152/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $445,000 $149 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,718/month

About This Home

As of September 2023

Welcome to this charming two-story bungalow nestled in the heart of Salem, Oregon, just a stone's throw away from the state capital. Built in 1928, this historic home exudes character and offers a spacious living experience with modern conveniences. Situated on a generous 0.13-acre lot, this property provides ample outdoor space for relaxation and entertainment. Upon entering the home, you are greeted by a warm and inviting atmosphere, blending classic architectural elements with contemporary upgrades. The main floor boasts a well-designed floor plan, featuring a comfortable living room adorned with large windows that flood the space with natural light. The adjoining dining area is perfect for hosting intimate gatherings or enjoying meals. The kitchen is a culinary enthusiast's dream, seamlessly combining vintage charm with modern functionality. The breakfast nook offers a cozy spot for enjoying morning coffee or casual meals. Upstairs, you will find three generously sized bedrooms, each offering a peaceful retreat for rest and relaxation. This home also offers a versatile bonus room that can be used as a home office, study, or recreational space, catering to your specific needs. Additionally, a half bathroom on the main floor provides added convenience for residents and guests alike. Outside, the property features a beautifully landscaped yard with mature trees, creating a tranquil oasis in the heart of the city. The backyard offers a spacious deck, providing an ideal setting for outdoor entertaining. Conveniently located near the state capital, this home offers easy access to a wide range of amenities, including shopping, dining, parks, and cultural attractions. Whether you're exploring the vibrant downtown area or taking a leisurely stroll along the nearby Willamette River, this location ensures a lifestyle of convenience and enjoyment. Don't miss the opportunity to own a piece of Salem's history with this exquisite 1928 bungalow.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Sep 21, 2023
Sold by
Pellegrin Marguerite and Lewis Michelle
Bought by
Mesecher Lucy and Flora Joseph
Seller's Agent
Aleaha Myers
Kinected Realty LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%
Views
455
Current Estimated Value
$454,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,703
Avg. Annual Appreciation
1.08%
Original Mortgage
$351,037
Outstanding Balance
$343,771
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$110,932

Purchase Details

Closed on
May 9, 2012
Sold by
Moore Albert B and Moore Roberta W
Bought by
Moore Albert B and Moore Roberta W

Purchase Details

Closed on
Oct 19, 2006
Sold by
Rose John
Bought by
Moore Albert B and Moore Roberta W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2005
Sold by
Hastings Jerald E and Hastings Minnalee Z
Bought by
Rose John

Purchase Details

Closed on
Jan 13, 2005
Sold by
Hastings Jerald E and Hastings Minnalee Z
Bought by
Hastings Jerald E and Hastings Minnalee Z
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
Mesecher Lucy $445,000 Fidelity National Title
Moore Albert B -- None Available
Moore Albert B $195,000 Fidelity Natl Title Co Of Or
Rose John $139,000 Amerititle
Hastings Jerald E -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mesecher Lucy $351,037
Previous Owner Moore Albert B $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $445,000 -1.1% $149 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $449,900 +5.9% $151 / Sq Ft
06/22/2022 06/22/22 Sold $425,000 0.0% $142 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $425,000 0.0% $142 / Sq Ft
05/05/2022 05/05/22 Off Market $425,000 -- --
04/17/2022 04/17/22 Pending -- -- --
04/17/2022 04/17/22 For Sale $425,000 0.0% $142 / Sq Ft
04/06/2022 04/06/22 Off Market $425,000 -- --
03/24/2022 03/24/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $425,000 -- $142 / Sq Ft

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 $3,679 $187,370 -- --
2023 $3,571 $181,920 $0 $0
2022 $3,367 $176,630 $0 $0
2021 $3,271 $171,490 $0 $0
2020 $3,273 $166,500 $0 $0
2019 $3,158 $161,660 $0 $0
2018 $3,118 $0 $0 $0
2017 $2,814 $0 $0 $0
2016 $2,681 $0 $0 $0
2015 $2,701 $0 $0 $0
2014 $2,614 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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