NOT LISTED FOR SALE

Estimated Value: $424,000 - $545,000

3 Beds
2.5 Baths
2,663 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $305,000 $115 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,176/month

5 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Lap Siding
  • Fenced Yard
  • Forced Air Heating System
  • 5-minute walk to McRae Park

About This Home

As of May 2016

Exceptional Charm of Yesteryear!Inviting front porch on this traditional Craftsman.Beautifully updated keeping many original details intact.French doors and wood accents throughout.Gorgeous refinished original wood floors!Large chef's kitchen w/5 burner gas stove and slab granite counters.Alley access for the newer detached two car garage.Located in Salem's Historic District one block from the popular "Word of Mouth" restaurant.

Last Listed By

Randy Mccreith

BELLA CASA REAL ESTATE GROUP License #200210169 Listed on: 04/21/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,665

Year Built

  • Built in 1910

Lot Details

  • 7,850 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,663 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot Level

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,665

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Syndicated Remarks: Exceptional Charm of Yesteryear!Inviting front porch on this traditional Craftsman.Beautifully updated keeping many original details intact.French doors and wood accents throughout.Gorgeous refinished original wood floors!Large chef's kitchen w/5 burner gas stove and slab granite counters.Alley access for the newer detached two car garage.Located in Salem's Historic District one block from the popular "Word of Mouth" restaurant.
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Flooring: Wood, Vinyl
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 0.5
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12 x 15, On Level: 2/Upper
  • Bedroom 2: Dimensions: 10 x 9, On Level: 2/Upper
  • Bedroom 3: Dimensions: 10 x 9, On Level: 2/Upper
  • Additional Room: Dimensions: 12 x 12, On Level: 2/Upper
  • Basement: Full, Unfinished
  • Dining Room: 1/Main, Dimensions: 20 x 14, On Level: 1/Main
  • Living Room: Dimensions: 25 x 14, On Level: 1/Main
  • Kitchen: Dimensions: 9 x 18, On Level: 1/Main
  • Price Per Sq Ft: 114.53
  • Source Of Sq Ft: List Broker
  • Price Per Sq Ft: 112.28

Exterior Features

  • Fenced Yard: Yes
  • Roof: Composition
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Forced Air
  • Water: City
  • Water Heater: Electric

Schools

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

Lot Info

  • Acres: 0.18
  • Estimated Lot Sq Ft: 7850
  • Lot: Level
  • Price Per Acre: 1661111.11
  • Zoning: resid
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R86773

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2016
Closed on
May 26, 2016
Sold by
Weber Valorie
Bought by
Lorenzen Matthew and Lorenzen Sarah
Seller's Agent
Randy Mccreith
BELLA CASA REAL ESTATE GROUP
Buyer's Agent
Ty Hilderbrand
REALTY ONE GROUP WILLAMETTE VALLEY
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%
Total Days on Market
5
Current Estimated Value
$498,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,018
Avg. Annual Appreciation
5.60%
Original Mortgage
$235,000
Outstanding Balance
$189,610
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$308,408

Purchase Details

Listed on
Oct 5, 2015
Closed on
Dec 2, 2015
Sold by
Arias Vilma K
Bought by
Weber Valori
Seller's Agent
KATHLEEN DEWOINA
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$160,000
Sold Price
$130,000
Premium/Discount to List
-$30,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
469.94%
Original Mortgage
$174,000
Interest Rate
3.73%
Mortgage Type
Construction

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
Lorenzen Matthew $305,000 Amerititle
Weber Valori $130,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorenzen Matthew $235,000
Previous Owner Weber Valori $174,000
Previous Owner Johannessen David $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $305,000 +2.0% $115 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $299,000 +130.0% $112 / Sq Ft
12/03/2015 12/03/15 Sold $130,000 -18.8% $74 / Sq Ft
11/07/2015 11/07/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $160,000 -- $91 / 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 $4,665 $237,610 -- --
2023 $4,528 $230,690 $0 $0
2022 $4,269 $223,980 $0 $0
2021 $4,147 $217,460 $0 $0
2020 $4,026 $211,130 $0 $0
2019 $3,885 $204,990 $0 $0
2018 $3,954 $0 $0 $0
2017 $3,568 $0 $0 $0
2016 $2,717 $0 $0 $0
2015 $2,738 $0 $0 $0
2014 $2,650 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 703217

Willamette Valley MLS

APN: 586773