NOT LISTED FOR SALE

1501 Fairgrounds Rd NE Salem, OR 97301

Grant Neighborhood

Estimated Value: $319,000 - $390,000

4 Beds
1.5 Baths
1,852 Sq Ft
$188/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $144,050 $78 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,008/month

449 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Forced Air Heating System
  • Partially Fenced Property
  • 1 Car Detached Garage
  • High Speed Internet
  • Lap Siding

About This Home

As of March 2017

1852 SF HOME WITH ADDITIONAL 1132 SF UNFINISHED BASEMENT. LOTS OF VINTAGE CHARM INCLUDING BUILT-INS AND ARCHES. BRAND NEW ROOF. ZONED CG AND SUITABLE FOR A VARIETY OF USES. HIGH TRAFFIC COUNT, STREET PARKING,SOLID HOUSE WITH LOTS OF POSSIBILITIES. HOME HAS BEEN MOST RECENTLY USED AS RESIDENTIAL RENTAL($1100/MONTH). See Commercial Listing MLS# 697378. NEW PRICE REFLECTS IMPROVEMENTS DONE TO HOME.

Last Agent to Sell the Property

Christine Folz

REAL BROKER License #201204657 Listed on: 11/02/2015

REAL BROKER

Last Buyer's Agent

NATALIE BECK

WINDERMERE HERITAGE License #201003201

WINDERMERE HERITAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1924

Lot Details

  • 4,708 Sq Ft Lot
  • Lot Dimensions are 90x87
  • Partially Fenced Property
  • Property is zoned CG

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 1,852 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 4 / 56

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,417

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1.5 Story
  • Dual Living: Possible
  • Range Facility: Electric
  • Syndicated Remarks: 1852 SF HOME WITH ADDITIONAL 1132 SF UNFINISHED BASEMENT. LOTS OF VINTAGE CHARM INCLUDING BUILT-INS AND ARCHES. BRAND NEW ROOF. ZONED CG AND SUITABLE FOR A VARIETY OF USES. HIGH TRAFFIC COUNT, STREET PARKING,SOLID HOUSE WITH LOTS OF POSSIBILITIES. HOME HAS BEEN MOST RECENTLY USED AS RESIDENTIAL RENTAL($1100/MONTH). See Commercial Listing MLS# 697378. NEW PRICE REFLECTS IMPROVEMENTS DONE TO HOME.
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Additional Room: On Level: Lower/Basement
  • Basement: Full, Unfinished
  • Dining Room: 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: 77.78
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 78.29

Exterior Features

  • Exterior Color: White
  • Fenced Yard: Partial
  • Foundation: Continuous, Slab
  • Roof: Composition
  • Siding: Vinyl
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • Elementary School: Grant
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.11
  • Estimated Lot Dimensions: 90x87
  • Estimated Lot Sq Ft: 4708
  • Lot: 4
  • Price Per Acre: 1318181.82
  • Zoning: CG
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 15-16
  • Tax Account Number: R84641
  • Tax Amount: 1417

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2019
Sold by
Jernigan Ronald
Bought by
Pfeffer Renee Christine
Current Estimated Value
$347,387

Purchase Details

Listed on
Nov 2, 2015
Closed on
Jan 25, 2017
Sold by
Shepard David R and Shepard Christine E
Bought by
Jernigan Ronald
Seller's Agent
Christine Folz
REAL BROKER
Buyer's Agent
NATALIE BECK
WINDERMERE HERITAGE
List Price
$130,000
Sold Price
$144,050
Premium/Discount to List
$14,050
10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$148,803
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2006
Sold by
Erskine Max A
Bought by
Shepard David R and Shepard Christine E

Purchase Details

Closed on
Mar 7, 2003
Sold by
Erskine Max
Bought by
Shepard David R and Shepard Christine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back
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
Pfeffer Renee Christine $187,000 Fidelity Natl Title
Jernigan Ronald $144,050 First American
Shepard David R $115,000 None Available
Shepard David R $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jernigan Ronald $148,803
Previous Owner Shepard David R $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $144,050 +10.8% $78 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
11/02/2015 11/02/15 For Sale $130,000 -- $70 / 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 $1,991 $101,400 -- --
2023 $1,932 $98,450 $0 $0
2022 $1,822 $95,590 $0 $0
2021 $1,770 $92,810 $0 $0
2020 $1,718 $90,110 $0 $0
2019 $1,658 $87,490 $0 $0
2018 $1,688 $0 $0 $0
2017 $1,523 $0 $0 $0
2016 $1,451 $0 $0 $0
2015 $1,462 $0 $0 $0
2014 $1,415 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christine Folz

    Seller's Agent in 2017

    Christine Folz

    REAL BROKER

    (503) 949-3087

    5 in this area

    215 Total Sales

    Christine Folz
    Section Image
  • NATALIE BECK

    Buyer's Agent in 2017

    NATALIE BECK

    WINDERMERE HERITAGE

    (503) 983-4391

    1 in this area

    38 Total Sales

    NATALIE BECK
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 697369

Willamette Valley MLS

APN: 584641

Oregon Marion County Salem 97301 Grant

1501 Fairgrounds Rd NE, Salem, OR

This home is located at 1501 Fairgrounds Rd NE, Salem, OR 97301 since 02 November 2015 and is currently estimated at $347,387, approximately $187 per square foot. This property was built in 1924. 1501 Fairgrounds Rd NE is a home located in Marion County with nearby schools including Grant Community School, Parrish 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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