NOT LISTED FOR SALE

1625 Summer St SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $537,000 - $592,000

3 Beds
2 Baths
2,436 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $500,000 $205 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,382/month

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Home Office
  • Territorial View
  • Main Floor Primary Bedroom
  • Lower Floor Utility Room

About This Home

As of May 2021

This well maintained 1940 cottage is a short block from Bush Park and has been tastefully updated the right way, maximizing modern function while retaining the original charm. Basement has been perimeter water-proofed and features a sump pump to keep it dry and comfortable. New roof and gutters installed 2021. Updated kitchen and bathrooms. Basement features artists studio with sink and tons of possibilities. Stunning back yard with generous covered porch. Check out the 3D tour and photos for floorplan.

Last Agent to Sell the Property

John Kirk

TOMSON BURNHAM, LLC License #200405342 Listed on: 04/08/2021

Last Buyer's Agent

Donna Rinaldi

JMG JASON MITCHELL GROUP License #201103008

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,195

Year Built

  • Built in 1940

Lot Details

  • 5,151 Sq Ft Lot
  • Lot Dimensions are 50x105
  • Partially Fenced Property
  • Landscaped
  • Property is zoned RS

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 2,436 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Home Office
  • Lower Floor Utility Room
  • Territorial Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Covered Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block FR2 / 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,195

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Home Warranty: Negotiable
  • Range Facility: Gas
  • Syndicated Remarks: This well maintained 1940 cottage is a short block from Bush Park and has been tastefully updated the right way, maximizing modern function while retaining the original charm. Basement has been perimeter water-proofed and features a sump pump to keep it dry and comfortable. New roof and gutters installed 2021. Updated kitchen and bathrooms. Basement features artists studio with sink and tons of possibilities. Stunning back yard with generous covered porch. Check out the 3D tour and photos for floorplan.
  • Cross Street: Cross St
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: Refrigerator, range currently on premises
  • Flooring: Carpet, Wood, Tile
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 11.2*11.6, On Level: 1/Main
  • Bedroom 2: Dimensions: 11.2*10.9, On Level: 1/Main
  • Bedroom 3: Dimensions: 19.1*12.7, On Level: 2/Upper
  • Bedroom 4: Dimensions: 10.5*11.4, On Level: 2/Upper
  • Additional Room: Dimensions: 19.7*10.1, On Level: 1/Main
  • Basement: Full, Finished
  • Family Room: Dimensions: 26.4*17.1, On Level: Lower/Basement
  • Living Room: Dimensions: 25.9*12.3, On Level: 1/Main
  • Kitchen: Dimensions: 12.3*9.7, On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Bonus Rooms: Office
  • Price Per Sq Ft: 205.25
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 194.99

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Central Ac, Forced Air, Gas
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Schools

  • Elementary School: Bush
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.12
  • Estimated Lot Dimensions: 50x105
  • Estimated Lot Sq Ft: 5151
  • Lot: FR2
  • Lot Type: Dimension Above
  • Price Per Acre: 3958333.33
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R86130
  • Tax Years: 2020
  • Tax Account Number: R86130
  • Tax Amount: 4195

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 10, 2021
Sold by
Rigsby David
Bought by
Day Shane and Day Morgan
Seller's Agent
John Kirk
TOMSON BURNHAM, LLC
Buyer's Agent
Donna Rinaldi
JMG JASON MITCHELL GROUP
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%
Current Estimated Value
$560,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,937
Avg. Annual Appreciation
2.23%
Original Mortgage
$400,000
Outstanding Balance
$364,803
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$186,095

Purchase Details

Closed on
Dec 21, 2018
Sold by
Rebekah Rigsby David and Rebekah Regsby
Bought by
Rigsby David

Purchase Details

Closed on
Jun 21, 2001
Sold by
Marshall David E and Marshall Jeannine M
Bought by
Rigsby David T and Rigsby Rebekah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Day Shane $500,000 Fidelity Natl Ttl Co Of Or
Rigsby David -- None Available
Rigsby David T $147,000 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Shane $400,000
Previous Owner Rigsby David T $139,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $500,000 +5.3% $205 / Sq Ft
04/08/2021 04/08/21 For Sale $475,000 -- $195 / 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 $4,901 $249,630 -- --
2023 $4,757 $242,360 $0 $0
2022 $4,485 $235,301 $0 $0
2021 $4,357 $228,450 $0 $0
2020 $4,195 $213,390 $0 $0
2019 $3,926 $207,180 $0 $0
2018 $3,996 $0 $0 $0
2017 $3,607 $0 $0 $0
2016 $3,435 $0 $0 $0
2015 $3,461 $0 $0 $0
2014 $3,350 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John Kirk

    TOMSON BURNHAM, LLC

    Section Image
  • Donna Rinaldi

    Buyer's Agent in 2021

    Donna Rinaldi

    JMG JASON MITCHELL GROUP

    (541) 908-2428

    1 in this area

    76 Total Sales

    Donna Rinaldi
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 775534

Willamette Valley MLS

APN: 586130

Oregon Marion County Salem 97302 South Central

1625 Summer St SE, Salem, OR

This home is located at 1625 Summer St SE, Salem, OR 97302 since 08 April 2021 and is currently estimated at $560,937, approximately $230 per square foot. This property was built in 1940. 1625 Summer St SE is a home located in Marion County with nearby schools including Bush Elementary School, Leslie Middle School, and South 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

Nearby Homes