NOT LISTED FOR SALE

Estimated Value: $825,000 - $959,000

4 Beds
2.5 Baths
2,774 Sq Ft
$318/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $750,000 $270 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,629/month

About This Home

As of May 2021

This home is located at 1695 Fairmount Ave S, Salem, OR 97302 since 18 April 2021 and is currently estimated at $882,610, approximately $318 per square foot. This property was built in 1940. 1695 Fairmount Ave S is a home located in Marion County with nearby schools including McKinley Elementary School, Leslie Middle School, and South Salem High School.

Last Agent to Sell the Property

Joseph Olivares

BELLA CASA REAL ESTATE GROUP License #201239628 Listed on: 04/18/2021

Last Buyer's Agent

Daniel Hardy

HARDY PROPERTIES License #200311074

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,281

Year Built

  • Built in 1940

Lot Details

  • 0.26 Acre Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 2,774 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Listing and Financial Details

  • Legal Lot and Block 4-5 / 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,281

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 4
  • Price Per Sq Ft: 270.37
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 252.16

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Lot Info

  • Acres: 0.26
  • Estimated Lot Sq Ft: 11250
  • Lot: 4-5
  • Price Per Acre: 2690384.62
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R73420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2021
Closed on
Jun 28, 2021
Sold by
Christopher Randy T and Christopher Lynn A
Bought by
Christopher Randy and Christopher Lynn
Seller's Agent
Joseph Olivares
BELLA CASA REAL ESTATE GROUP
Buyer's Agent
Daniel Hardy
HARDY PROPERTIES
List Price
$699,500
Sold Price
$750,000
Premium/Discount to List
$50,500
7.22%
Current Estimated Value
$882,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,610
Avg. Annual Appreciation
3.85%
Original Mortgage
$400,000
Outstanding Balance
$363,724
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$518,886

Purchase Details

Listed on
Apr 18, 2021
Closed on
May 14, 2021
Sold by
Veenhuizen Janice C and The Janice C Veenhuizen Trust
Bought by
Christopher Randy and Christopher Lynn
Seller's Agent
Joseph Olivares
BELLA CASA REAL ESTATE GROUP
Buyer's Agent
Daniel Hardy
HARDY PROPERTIES
List Price
$699,500
Sold Price
$750,000
Premium/Discount to List
$50,500
7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$363,724
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$518,886

Purchase Details

Closed on
Aug 11, 2017
Sold by
Veenhuizen Janice C
Bought by
Veenhuizen Janice C and Janice C Veenhuizen Trust

Purchase Details

Closed on
Apr 5, 2016
Sold by
Veenhuizen Janice C and Thompson Grant M
Bought by
Veenhuizen Janice C

Purchase Details

Closed on
May 16, 2008
Sold by
Thompson Grant M and Veenhuizen Janice C
Bought by
Thompson Grant M and Veenhuizen Janice C

Purchase Details

Closed on
Feb 11, 2003
Sold by
Union Bank Of California Na
Bought by
Thompson Grant M and Veenhuizen Janice C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Christopher Randy -- First American
Christopher Randy T -- First American
Christopher Randy $750,000 First American
Veenhuizen Janice C -- None Available
Veenhuizen Janice C -- None Available
Thompson Grant M -- None Available
Thompson Grant M $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuistopher Randy T $400,000
Closed Christopher Randy T $400,000
Previous Owner Veenhuizen Janice C $270,000
Previous Owner Veenhuizen Janice C $244,100
Previous Owner Thompson Grant M $288,750
Previous Owner Thompson Grant M $4,172
Previous Owner Thompson Grant M $86,000
Previous Owner Thompson Grant M $45,000
Previous Owner Thompson Grant M $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $750,000 +7.2% $270 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $699,500 -- $252 / 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 $10,281 $523,600 -- --
2023 $9,977 $508,350 $0 $0
2022 $9,407 $493,550 $0 $0
2021 $9,138 $479,180 $0 $0
2020 $8,872 $451,250 $0 $0
2019 $8,560 $438,110 $0 $0
2018 $8,450 $0 $0 $0
2017 $7,626 $0 $0 $0
2016 $7,150 $0 $0 $0
2015 $7,109 $0 $0 $0
2014 $6,779 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 777765

Willamette Valley MLS

APN: 573420