NOT LISTED FOR SALE

1690 Fair Oaks Way NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $458,000 - $509,000

4 Beds
2 Baths
2,127 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $390,500 $184 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,010/month

Highlights

  • Above Ground Pool
  • Waterfront
  • Main Floor Primary Bedroom
  • RV Access or Parking
  • Mountain View
  • 5-minute walk to West Salem Park

About This Home

As of April 2021

Must see this daylight basement home on a huge lot and both a river and mountain view. Home sits above the city with panoramic views of the Willamette River and Downtown Salem. Possible dual living option as the upstairs and downstairs have separate entrances and kitchens on both floors. Home needs a little cosmetic TLC, but would have immediate sweat equity. Alley access available in backyard for parking RV. Partitioning may be possible, but buyer to do all due diligence on that possibility.

Last Agent to Sell the Property

Shane Matthews

HOMESTAR BROKERS License #201203430 Listed on: 12/11/2020

Last Buyer's Agent

Michele Jepsen

MORE REALTY License #200506393

MORE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,303

Year Built

  • Built in 1971

Lot Details

  • 0.26 Acre Lot
  • Waterfront
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Sprinkler System
  • Property is zoned RS

Property Views

  • Mountain
  • Territorial

Home Design

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

Interior Spaces

  • 2,127 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Den
  • Workshop
  • First Floor Utility Room

Kitchen

  • Convection Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Above Ground Pool
  • Covered Deck
  • Covered Patio or Porch
  • Shed
  • Shop

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,303

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Dual Living: Possible
  • Home Warranty: Negotiable
  • Luxury: Y
  • Range Facility: Built-In, Convection, Electric, Microwave Included, Range Included
  • Syndicated Remarks: Must see this daylight basement home on a huge lot and both a river and mountain view. Home sits above the city with panoramic views of the Willamette River and Downtown Salem. Possible dual living option as the upstairs and downstairs have separate entrances and kitchens on both floors. Home needs a little cosmetic TLC, but would have immediate sweat equity. Alley access available in backyard for parking RV. Partitioning may be possible, but buyer to do all due diligence on that possibility.
  • Cross Street: Eola Dr NW
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: All Appliances
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: Lower/Basement
  • Bedroom 4: On Level: Lower/Basement
  • Additional Room: On Level: Lower/Basement
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: Lower/Basement
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Den, Mudroom, Workshop
  • Price Per Sq Ft: 183.59
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 178.61

Exterior Features

  • Patio: Covered Deck, Covered Patio
  • Exterior Color: Blue
  • Fenced Yard: Yes
  • Foundation: Slab
  • Landscape: Yes
  • Out Buildings: Shed, Separate Shop
  • Roof: Composition, Shingle
  • Siding: Vinyl
  • Siding Style: Lap
  • Swimming Pool: Above-Ground Pool
  • View: Mountain, Territorial, Water Frontage

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Electric, Forced Air
  • 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: 0.26
  • Estimated Lot Sq Ft: 11250
  • Lot: 5
  • Lot Type: Dimension Above, Irregular
  • Price Per Acre: 1461153.85
  • Rv Amenities: Area/Room For
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 4
  • Assessor Parcel Number: 261607
  • Tax Years: 2019
  • Tax Account Number: 261607
  • Tax Amount: 4303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Apr 15, 2021
Sold by
Sealy James L
Bought by
Marsh Kate A
Seller's Agent
Shane Matthews
HOMESTAR BROKERS
Buyer's Agent
Michele Jepsen
MORE REALTY
List Price
$379,900
Sold Price
$390,500
Premium/Discount to List
$10,600
2.79%
Current Estimated Value
$485,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,945
Avg. Annual Appreciation
4.99%
Original Mortgage
$374,440
Outstanding Balance
$338,074
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$147,371

Purchase Details

Closed on
Jan 21, 2008
Sold by
Cornwell Charles E and Cornwell Donna D
Bought by
Sealy James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,925
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2006
Sold by
Cornwell Charles E and Cornwell Donna D
Bought by
Cornwell Charles E and Cornwell Donna D
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
Marsh Kate A $390,500 First American
Sealy James L $225,000 Amerititle
Cornwell Charles E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsh Kate A $374,440
Previous Owner Sealy James L $197,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2021 04/20/21 Sold $390,500 +2.8% $184 / Sq Ft
12/11/2020 12/11/20 For Sale $379,900 -- $179 / 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 $5,116 $279,620 $67,670 $211,950
2024 $5,116 $271,480 $65,700 $205,780
2023 $4,968 $263,580 $63,790 $199,790
2022 $4,809 $255,910 $61,930 $193,980
2021 $4,671 $248,460 $60,130 $188,330
2020 $4,533 $241,230 $58,380 $182,850
2019 $4,375 $234,210 $56,680 $177,530
2018 $4,302 $227,390 $55,030 $172,360
2017 $3,877 $220,770 $53,420 $167,350
2016 $3,785 $214,340 $51,860 $162,480
2015 $3,803 $208,100 $50,350 $157,750
2014 $3,627 $202,040 $48,890 $153,150
Source: Public Records

Agents Affiliated with this Home

  • Shane Matthews

    Seller's Agent in 2021

    Shane Matthews

    HOMESTAR BROKERS

    (503) 400-5851

    13 in this area

    129 Total Sales

    Shane Matthews
    Section Image
  • Michele Jepsen

    Buyer's Agent in 2021

    Michele Jepsen

    MORE REALTY

    (503) 929-6860

    3 in this area

    32 Total Sales

    Michele Jepsen
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 771824

Willamette Valley MLS

APN: 261607

Oregon Polk County Salem 97304 West Salem

1690 Fair Oaks Way NW, Salem, OR

This home is located at 1690 Fair Oaks Way NW, Salem, OR 97304 since 11 December 2020 and is currently estimated at $485,445, approximately $228 per square foot. This property was built in 1971. 1690 Fair Oaks Way 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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