NOT LISTED FOR SALE

1650 Scotch Ave SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $465,659 - $477,000

4 Beds
2 Baths
1,503 Sq Ft
$314/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $320,000 $213 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,920/month

12 Days on Market

Highlights

  • Fenced Yard
  • Patio
  • 1-Story Property
  • 2 Car Attached Garage
  • Tile Flooring
  • 3-minute walk to Rees Park

About This Home

As of August 2019

Price improvement! This single level, four bedroom home is full of updates and improvements. Recent updates include but are not limited to the following: new exterior siding, new exterior paint, new paved patios, water heater, furnace with A/C, kitchen appliances, tile work, and electrical. Roof is 7 years young and house has updated vinyl windows. This home is true move-in-ready and cute as a button. Don't miss out on this good deal. Recent appraisal shows home to be valued at $340,000!

Last Agent to Sell the Property

MOLLY EDWARDS

HOMESMART REALTY GROUP License #201219562 Listed on: 07/03/2019

HOMESMART REALTY GROUP

Last Buyer's Agent

Jay Steele

HOMESMART REALTY GROUP License #201213138

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,342

Year Built

  • Built in 1988

Lot Details

  • 6,796 Sq Ft Lot
  • Fenced Yard
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 1,503 Sq Ft Home
  • 1-Story Property

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 2 / 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,342

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Syndicated Remarks: Price improvement! This single level, four bedroom home is full of updates and improvements. Recent updates include but are not limited to the following: new exterior siding, new exterior paint, new paved patios, water heater, furnace with A/C, kitchen appliances, tile work, and electrical. Roof is 7 years young and house has updated vinyl windows. This home is true move-in-ready and cute as a button. Don't miss out on this good deal. Recent appraisal shows home to be valued at $340,000!
  • Cross Street: Cinnamon Hill
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 15x12, On Level: 1/Main
  • Bedroom 2: Dimensions: 10x10
  • Bedroom 3: Dimensions: 10x10
  • Bedroom 4: Dimensions: 10.5x9
  • Dining Room: Dimensions: 10x10
  • Living Room: Dimensions: 20x15, On Level: 1/Main
  • Kitchen: Dimensions: 11x10, On Level: 1/Main
  • Price Per Sq Ft: 212.91
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 222.82

Exterior Features

  • Patio: Patio
  • Exterior Color: Dark Green
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Siding: Cedar, Fiber Cement
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City

Schools

  • Elementary School: Sumpter
  • Middle School: Leslie
  • High School: Sprague

Lot Info

  • Acres: 0.16
  • Estimated Lot Sq Ft: 6796
  • Lot: 2
  • Price Per Acre: 2093125
  • Underground Sprinklers: Yes
  • Zoning: Res
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 18-19
  • Tax Account Number: R69728
  • Tax Amount: 4342

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Aug 21, 2019
Sold by
Faber Jay T
Bought by
Steele Jay H
Seller's Agent
MOLLY EDWARDS
HOMESMART REALTY GROUP
Buyer's Agent
Jay Steele
HOMESMART REALTY GROUP
List Price
$339,900
Sold Price
$320,000
Premium/Discount to List
-$19,900
-5.85%
Current Estimated Value
$472,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,165
Avg. Annual Appreciation
6.60%
Original Mortgage
$438,000
Outstanding Balance
$385,266
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$86,899

Purchase Details

Closed on
Sep 12, 2017
Sold by
Equity Trust Company
Bought by
Faber Jay T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,500
Interest Rate
3.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 1, 2016
Sold by
Etc
Bought by
Faber Jay

Purchase Details

Listed on
Jan 17, 2012
Closed on
Mar 19, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Equity Trust Company
Seller's Agent
MARLA POAGE
LEVEL REALTY GROUP
Buyer's Agent
BONNEY SPURGEON
SUNDANCE REALTY LLC
List Price
$184,900
Sold Price
$172,000
Premium/Discount to List
-$12,900
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Robbins Steve
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 20, 2007
Sold by
Petrovich Martin B and Petrovich Judith M
Bought by
Robbins Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2006
Sold by
Richey Charles L and Richey Bette B
Bought by
Petrovich Martin B and Petrovich Judith M

Purchase Details

Closed on
Jun 21, 2001
Sold by
Pierce Brian K and Pierce Diana M
Bought by
Richey Charles L and Richey Bette B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
6.37%
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
Steele Jay H $320,000 Fidelity National Title
Faber Jay T -- Fidelity Natl Title Co Of Or
Faber Jay $189,000 None Available
Equity Trust Company -- Amerititle
Federal Home Loan Mortgage Corporation $182,000 None Available
Robbins Steve $256,000 Ticor Title
Petrovich Martin B $241,000 Fidelity National Title
Richey Charles L $159,900 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steele Jay H $438,000
Previous Owner Faber Jayt $265,000
Previous Owner Faber Jat T $30,500
Previous Owner Faber Jay T $192,000
Previous Owner Robbins Steve $230,400
Previous Owner Richey Charles L $151,900
Closed Faber Jay $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2019 08/22/19 Sold $320,000 -4.4% $213 / Sq Ft
07/20/2019 07/20/19 Price Changed $334,900 -1.5% $223 / Sq Ft
07/03/2019 07/03/19 For Sale $339,900 +97.6% $226 / Sq Ft
03/23/2012 03/23/12 Sold $172,000 -7.0% $114 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $184,900 -- $123 / 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 $5,124 $260,950 -- --
2023 $4,972 $253,350 $0 $0
2022 $4,688 $245,980 $0 $0
2021 $4,555 $238,820 $0 $0
2020 $4,422 $231,870 $0 $0
2019 $4,398 $225,120 $0 $0
2018 $4,342 $0 $0 $0
2017 $3,919 $0 $0 $0
2016 $3,733 $0 $0 $0
2015 $3,761 $0 $0 $0
2014 $3,608 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • MOLLY EDWARDS

    Seller's Agent in 2019

    MOLLY EDWARDS

    HOMESMART REALTY GROUP

    (503) 999-7519

    13 in this area

    141 Total Sales

    MOLLY EDWARDS
    Section Image

  • J

    Buyer's Agent in 2019

    Jay Steele

    HOMESMART REALTY GROUP

    Section Image

  • M

    Seller's Agent in 2012

    MARLA POAGE

    LEVEL REALTY GROUP

    (503) 409-9189

    MARLA POAGE
    Section Image
  • BONNEY SPURGEON

    Buyer's Agent in 2012

    BONNEY SPURGEON

    SUNDANCE REALTY LLC

    (503) 551-2345

    2 in this area

    10 Total Sales

    BONNEY SPURGEON
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 751349

Willamette Valley MLS

APN: 569728

Oregon Marion County Salem 97306 South Gateway

1650 Scotch Ave SE, Salem, OR

This home is located at 1650 Scotch Ave SE, Salem, OR 97306 since 03 July 2019 and is currently estimated at $472,165, approximately $314 per square foot. This property was built in 1988. 1650 Scotch Ave 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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