$90,000
SOLD JUN 30, 2023

1778 Sunburst Terrace NW Salem, OR 97304

West Salem Neighborhood
0.3 Acre
$300,000 Price per Acre
13,068 Sq Ft Lot

Recently Sold

22% Below List Price

2 Days on Market

About This Lot

As of June 2023

Large sloped lot in popular West Salem neighborhood is perfect for a custom home or for increasing your investment portfolio! Property includes City-approved permit-ready plans for four two-bedroom units in duplex configuration. Street frontage of 105' could allow for the property to be partitioned. Salem Electric is power provider. Potential to build four units and condominimum plat for individual resale or hold as rentals. One of the Owners is licensed in Oregon as a Real Estate Broker.

Last Agent to Sell the Property

Brandon Fahlman

KITHKIN REAL ESTATE License #200701012 Listed on: 06/07/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $699

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 105x123

Community Details

  • Glen Eden 2 Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 6

Property Details

Property Type

Land

Est. Annual Taxes

$699

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Lot (Under 1 Acre)
  • Syndicated Remarks: Large sloped lot in popular West Salem neighborhood is perfect for a custom home or for increasing your investment portfolio! Property includes City-approved permit-ready plans for four two-bedroom units in duplex configuration. Street frontage of 105' could allow for the property to be partitioned. Salem Electric is power provider. Potential to build four units and condominimum plat for individual resale or hold as rentals. One of the Owners is licensed in Oregon as a Real Estate Broker.
  • Cross Street: Cirrus Ct NW
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 300000
  • Price Per Sq Ft: 8.78

Schools

  • Elementary School: Chapman
  • Middle School: Straub
  • High School: West Salem

Lot Info

  • Acres: 0.3
  • Estimated Lot Dimensions: 105x123
  • Estimated Lot Sq Ft: 13090
  • Lot: 2
  • Price Per Acre: 383000
  • Easement: Power
  • Geo Subdivision: OR
  • Map Parcel Number: 07321BB02200

Tax Info

  • Tax Account Number: 380690
  • Tax Amount: 699

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2023
Sold by
Fahlman Brandon
Bought by
Endless Summer Trust

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jun 30, 2021
Sold by
Martin Eric R and Martin Sandra J
Bought by
Fahlman Brandon and Fahlman Whitney
Seller's Agent
Amy McLeod
KELLER WILLIAMS CAPITAL CITY
Buyer's Agent
Brandon Fahlman
KITHKIN REAL ESTATE
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.32%

Purchase Details

Closed on
Jul 2, 2020
Sold by
Martin Eric R and Martin Sandra J
Bought by
Martin Eric R and Martin Sandra J

Purchase Details

Closed on
Apr 13, 2017
Sold by
Ouska Jack E and Ouska Connie J
Bought by
Martin Eric R and Martin Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,700
Interest Rate
4.1%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $65,000 Amerititle
Interfamily Deed Transfer -- Accommodation
Warranty Deed $542,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $460,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $119,900 -7.8% --
04/15/2025 04/15/25 For Sale $130,000 +44.4% --
06/30/2023 06/30/23 Sold $90,000 -21.7% --
06/09/2023 06/09/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $114,900 +76.8% --
07/02/2021 07/02/21 Sold $65,000 0.0% --
06/02/2021 06/02/21 For Sale $65,000 -- --
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 $765 $41,810 $41,810 --
2024 $765 $40,600 $40,600 --
2023 $743 $39,420 $39,420 $0
2022 $719 $38,280 $38,280 $0
2021 $699 $37,170 $37,170 $0
2020 $678 $36,090 $36,090 $0
2019 $655 $35,040 $35,040 $0
2018 $644 $34,020 $34,020 $0
2017 $580 $33,030 $33,030 $0
2016 $566 $32,070 $32,070 $0
2015 $523 $30,000 $30,000 $0
2014 $547 $30,600 $30,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 805928

Willamette Valley MLS

APN: 380690