NOT LISTED FOR SALE

1602 Rees Hill Rd SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $498,000 - $603,000

3 Beds
2.5 Baths
2,431 Sq Ft
$236/Sq Ft Est. Value

Last Sold July 16, 2013

Last sale price $246,500 $101 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $3,621/month

39 Days on Market

Highlights

  • Wood Burning Stove
  • Territorial View
  • First Floor Utility Room
  • Family Room with Fireplace
  • Wood Flooring
  • 1-minute walk to Rees Park

About This Home

As of July 2013

This home is located at 1602 Rees Hill Rd SE, Salem, OR 97306 since 20 May 2013 and is currently estimated at $573,101, approximately $235 per square foot. This property was built in 1981. 1602 Rees Hill Rd SE is a home located in Marion County with nearby schools including Battle Creek Elementary School, Judson Middle School, and Sprague High School.

Last Agent to Sell the Property

Rick Maurmann

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #880500125 Listed on: 05/20/2013

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

Sandra Paoli

WINDERMERE PACIFIC WEST PROP License #200603338

WINDERMERE PACIFIC WEST PROP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,690

Year Built

  • Built in 1981

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 80x105
  • Fenced Yard
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 2,431 Sq Ft Home
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • First Floor Utility Room
  • Territorial Views
  • Security System Owned

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Schools

  • Battlecreek Elementary School
  • Judson Middle School
  • Sprague High School

Utilities

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

Community Details

  • Cinnamon Hill No 2 Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,690

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Cross Street: Cinnamon Hill
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room, Wood
  • Negotiable Inclusions: Wdw Coverings,Range,Frig,Stools,Vac attachments
  • Wood Burning Stove: Certified
  • Flooring: Carpet, Wood, Laminate
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 17x13, On Level: 2/Upper
  • Bedroom 2: Dimensions: 11x10.6, On Level: 2/Upper
  • Bedroom 3: Dimensions: 11x10.6, On Level: 2/Upper
  • Dining Room: 1/Main, Dimensions: 12.10x11, On Level: 1/Main
  • Family Room: Dimensions: 14.5x13.4, On Level: 1/Main
  • Living Room: Dimensions: 17.9x16, On Level: 1/Main
  • Kitchen: Dimensions: 12x11, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 101.4
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 102.84

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Forced Air, Gas
  • High Speed Comm Access: Available
  • Security System: Owned
  • Water: Connected
  • Water Heater: Electric

Schools

  • Elementary School: Battlecreek
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 0.19
  • Estimated Lot Dimensions: 80x105
  • Estimated Lot Sq Ft: 8400
  • Lot: 3
  • Lot Type: Dimension Above
  • Price Per Acre: 1315789.47
  • Rv Amenities: Pad
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2012
  • Tax Account Number: R69717
  • Tax Amount: 4690

MLS Schools

  • HighSchool: Sprague
  • Middle School: Judson
  • Elementary School: Battlecreek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2013
Closed on
Sep 6, 2013
Sold by
Johnson Jason C
Bought by
Johnson Jason C and Lovegrove Sandra E
Seller's Agent
Rick Maurmann
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Sandra Paoli
WINDERMERE PACIFIC WEST PROP
List Price
$250,000
Sold Price
$246,500
Premium/Discount to List
-$3,500
-1.4%
Current Estimated Value
$573,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,601
Avg. Annual Appreciation
7.52%
Original Mortgage
$251,799
Outstanding Balance
$185,040
Interest Rate
3.79%
Mortgage Type
VA
Estimated Equity
$412,101

Purchase Details

Listed on
May 20, 2013
Closed on
Jul 15, 2013
Sold by
Fredricks Gary
Bought by
Johnson Jason C
Seller's Agent
Rick Maurmann
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Sandra Paoli
WINDERMERE PACIFIC WEST PROP
List Price
$250,000
Sold Price
$246,500
Premium/Discount to List
-$3,500
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,799
Outstanding Balance
$185,040
Interest Rate
3.79%
Mortgage Type
VA
Estimated Equity
$412,101

Purchase Details

Closed on
Jul 5, 2011
Sold by
Mcmahon William T and Mcmahon Karen S
Bought by
Fredricks Gary

Purchase Details

Closed on
Mar 7, 2006
Sold by
Nagler James G
Bought by
Mcmahon William T and Mcmahon Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,955
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 24, 2003
Sold by
Nagler Gayle Vaughan Holland and Holland Gayle V
Bought by
Nagler James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Johnson Jason C -- None Available
Johnson Jason C $246,500 Ticor Title
Fredricks Gary $257,000 Fidelity Natl Title Co Of Or
Mcmahon William T $259,950 Amerititle
Nagler James G $90,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Jason C $251,799
Previous Owner Mcmahon William T $10,000
Previous Owner Mcmahon William T $233,955
Previous Owner Nagler James G $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2013 07/16/13 Sold $246,500 -1.4% $101 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $250,000 -- $103 / 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 $7,130 $363,160 -- --
2023 $6,920 $352,590 $0 $0
2022 $6,525 $342,330 $0 $0
2021 $6,338 $332,360 $0 $0
2020 $6,154 $322,680 $0 $0
2019 $5,937 $313,290 $0 $0
2018 $6,042 $0 $0 $0
2017 $3,874 $0 $0 $0
2016 $5,195 $0 $0 $0
2015 $5,234 $0 $0 $0
2014 $4,999 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Maurmann

    Seller's Agent in 2013

    Rick Maurmann

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    7 in this area

    99 Total Sales

    Rick Maurmann
    Section Image
  • Sandra Paoli

    Buyer's Agent in 2013

    Sandra Paoli

    WINDERMERE PACIFIC WEST PROP

    (503) 580-0160

    89 Total Sales

    Sandra Paoli
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 664469

Willamette Valley MLS

APN: 569717

Oregon Marion County Salem 97306 South Gateway

1602 Rees Hill Rd SE, Salem, OR

This home is located at 1602 Rees Hill Rd SE, Salem, OR 97306 since 20 May 2013 and is currently estimated at $573,101, approximately $235 per square foot. This property was built in 1981. 1602 Rees Hill Rd SE is a home located in Marion County with nearby schools including Battle Creek Elementary School, Judson Middle School, and Sprague 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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