NOT LISTED FOR SALE

1515 Franklin St NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $277,000 - $299,000

2 Beds
1 Bath
822 Sq Ft
$354/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $162,000 $197 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,684/month

Highlights

  • Wood Flooring
  • Fenced Yard
  • Shed
  • First Floor Utility Room
  • Patio
  • 4-minute walk to West Salem Park

About This Home

As of December 2019

Sweet affordable cottage with nice floor plan. Vinyl siding & windows. Spacious eat-in kitchen. Some hardwood flooring. Detached garage has been converted and could be used as workshop, office or hobby room. 100' deep lot with fenced backyard and large shed. Sold as is.

Last Agent to Sell the Property

Levi Wilson

NED BAKER REAL ESTATE License #200111024 Listed on: 11/19/2019

Last Buyer's Agent

Hannah Fouts

SMI REAL ESTATE License #201212789

SMI REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 822 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed

Utilities

  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 7 / 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,402

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Sweet affordable cottage with nice floor plan. Vinyl siding & windows. Spacious eat-in kitchen. Some hardwood flooring. Detached garage has been converted and could be used as workshop, office or hobby room. 100' deep lot with fenced backyard and large shed. Sold as is.
  • Cross Street: Rosemont
  • Year Built: 1930
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Wood, Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Additional Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 197.08
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 197.08

Exterior Features

  • Patio: Patio
  • Exterior Color: Beige
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Vinyl

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Electric, Zonal
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Electric

Schools

  • Elementary School: Kalapuya
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 0.11
  • Estimated Lot Dimensions: 50 x 100
  • Estimated Lot Sq Ft: 5000
  • Flood Plain: Unknown
  • Lot: 7
  • Lot Type: Dimension Above
  • Price Per Acre: 1472727.27
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 4
  • Assessor Parcel Number: 255853
  • Tax Years: 19-20
  • Tax Account Number: 255853
  • Tax Amount: 1402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Dec 13, 2019
Sold by
Wf Reverse Reo Hecm 2015 1 Llc
Bought by
Ramirez Amanda L
Seller's Agent
Levi Wilson
NED BAKER REAL ESTATE
Buyer's Agent
Hannah Fouts
SMI REAL ESTATE
List Price
$162,000
Sold Price
$162,000
Current Estimated Value
$291,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,342
Avg. Annual Appreciation
10.75%
Original Mortgage
$145,800
Outstanding Balance
$128,544
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$162,798

Purchase Details

Closed on
Jul 24, 2019
Sold by
Stone Betty R
Bought by
Wf Reverse Reo Hecm 2015 1 Llc
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
Ramirez Amanda L $189,900 Fidelity Title
Wf Reverse Reo Hecm 2015 1 Llc $179,721 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Amanda L $145,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $162,000 0.0% $197 / Sq Ft
11/19/2019 11/19/19 For Sale $162,000 -- $197 / 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
2025 $1,667 $91,130 $36,750 $54,380
2024 $1,667 $88,480 $35,680 $52,800
2023 $1,619 $85,910 $34,650 $51,260
2022 $1,567 $83,410 $33,640 $49,770
2021 $1,523 $80,990 $32,660 $48,330
2020 $1,478 $78,640 $31,710 $46,930
2019 $1,426 $76,350 $30,780 $45,570
2018 $1,403 $74,130 $29,890 $44,240
2017 $1,264 $71,980 $29,020 $42,960
2016 $1,234 $69,890 $28,170 $41,720
2015 $1,245 $67,860 $27,350 $40,510
2014 $1,189 $65,890 $26,550 $39,340
Source: Public Records

Agents Affiliated with this Home

  • Levi Wilson

    Seller's Agent in 2019

    Levi Wilson

    NED BAKER REAL ESTATE

    (503) 881-5286

    5 in this area

    169 Total Sales

    Levi Wilson
    Section Image
  • Hannah Fouts

    Buyer's Agent in 2019

    Hannah Fouts

    SMI REAL ESTATE

    (971) 218-6225

    13 in this area

    182 Total Sales

    Hannah Fouts
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 757537

Willamette Valley MLS

APN: 255853

Oregon Polk County Salem 97304 West Salem

1515 Franklin St NW, Salem, OR

This home is located at 1515 Franklin St NW, Salem, OR 97304 since 19 November 2019 and is currently estimated at $291,342, approximately $354 per square foot. This property was built in 1930. 1515 Franklin St NW is a home located in Polk County with nearby schools including Kalapuya Elementary School, Walker Middle School, and West 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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