NOT LISTED FOR SALE

1699 Fair Oaks Way NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $447,000 - $472,000

4 Beds
2 Baths
1,870 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $204,500 $109 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,756/month

21 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Breakfast Area or Nook
  • Family Room with Fireplace
  • Main Floor Primary Bedroom
  • 5-minute walk to West Salem Park

About This Home

As of June 2015

Tastefully updated and well maintained home with stunning views of downtown Salem and Cascade mountains! Gorgeous oak floors, built ins, 3 panel doors and tons of storage. Updated kitchen with newer cooktop, wall oven, micro, dishwasher, painted cabinets, full height backsplash, cork flooring & breakfast bar. Living room with huge windows and brick fireplace, Very bright and open. Family room with fireplace & built ins. Newer composite deck, heat pump, nicely landscaped and RV parking.

Last Agent to Sell the Property

Craig Evans

CROWN REAL ESTATE GROUP License #911000139 Listed on: 04/25/2015

Last Buyer's Agent

Stacy Cardoza

REAL BROKER License #960700141

REAL BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 1962

Lot Details

  • 6,500 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 1,870 Sq Ft Home
  • 1.5-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Lower Floor Utility Room
  • Wood Flooring
  • Mountain Views
  • Natural lighting in basement

Kitchen

  • Breakfast Area or Nook
  • Built-In Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Deck
  • Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Exclusions: Refrigerator
  • Legal Lot and Block 4 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,785

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1.5 Story
  • Range Facility: Electric, Built-In, Microwave Included
  • Syndicated Remarks: Tastefully updated and well maintained home with stunning views of downtown Salem and Cascade mountains! Gorgeous oak floors, built ins, 3 panel doors and tons of storage. Updated kitchen with newer cooktop, wall oven, micro, dishwasher, painted cabinets, full height backsplash, cork flooring & breakfast bar. Living room with huge windows and brick fireplace, Very bright and open. Family room with fireplace & built ins. Newer composite deck, heat pump, nicely landscaped and RV parking.
  • Cross Street: Eola
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Exclusions: Refrigerator
  • Fireplace: Living Room, Family Room
  • Negotiable Inclusions: Antique Lamps in Entry, Dining & LR, Fireplace set
  • Flooring: Wood
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 10.8x10.6, On Level: 1/Main
  • Bedroom 2: Dimensions: 10.4x9.4, On Level: 1/Main
  • Bedroom 3: Dimensions: 10.4x7.4, On Level: Lower/Basement
  • Bedroom 4: Dimensions: 10.5x8.6, On Level: Lower/Basement
  • Basement: Daylight
  • Dining Room: 1/Main, Dimensions: 11x8, On Level: 1/Main
  • Family Room: Dimensions: 14.9x14.4, On Level: Lower/Basement
  • Living Room: Dimensions: 19.1x17.9, On Level: 1/Main
  • Kitchen: Dimensions: 10.3x10, On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Bonus Rooms: Breakfast Room/Nook
  • Price Per Sq Ft: 109.36
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 112.25

Exterior Features

  • Patio: Covered Deck, Patio
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap
  • View: Mountain

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Heat Pump, Forced Air
  • High Speed Comm Access: Present
  • Water: Connected, City
  • Water Heater: Electric

Schools

  • Elementary School: Myers
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 0.15
  • Estimated Lot Sq Ft: 6500
  • Lot: 4
  • Lot Type: Dimension Above
  • Price Per Acre: 1399333.33
  • Rv Amenities: Pad
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 14-15
  • Tax Account Number: 261511
  • Tax Amount: 2785

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2015
Closed on
Jun 11, 2015
Sold by
Rideout Michael J and Rideout Patricia P
Bought by
Hill Elisabeth F and Galbraith James R
Seller's Agent
Craig Evans
CROWN REAL ESTATE GROUP
Buyer's Agent
Stacy Cardoza
REAL BROKER
List Price
$224,900
Sold Price
$204,500
Premium/Discount to List
-$20,400
-9.07%
Current Estimated Value
$456,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,990
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Dec 11, 2007
Sold by
Cannon Daniel W and Cannon Tamra J
Bought by
Rideout Michael J and Rideout Patricia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,631
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2005
Sold by
Abraham Vicki L
Bought by
Cannon Daniel W and Cannon Tamra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,150
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac
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
Hill Elisabeth F $204,500 Fidelity National Title Co
Rideout Michael J $215,000 Fidelity Natl Title Co Of Or
Cannon Daniel W $180,200 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rideout Michael J $216,631
Previous Owner Cannon Daniel W $144,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $204,500 -9.1% $109 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
04/25/2015 04/25/15 For Sale $224,900 -- $120 / 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 $3,907 $213,510 $55,060 $158,450
2024 $3,907 $207,300 $53,460 $153,840
2023 $3,793 $201,270 $51,900 $149,370
2022 $3,672 $195,410 $50,390 $145,020
2021 $3,567 $189,720 $48,920 $140,800
2020 $3,461 $184,200 $47,500 $136,700
2019 $3,340 $178,840 $46,120 $132,720
2018 $3,285 $173,640 $44,780 $128,860
2017 $2,961 $168,590 $43,480 $125,110
2016 $2,890 $163,680 $42,210 $121,470
2015 $2,915 $158,920 $40,980 $117,940
2014 $2,785 $154,300 $39,790 $114,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 689212

Willamette Valley MLS

APN: 261511