NOT LISTED FOR SALE

1820 Rees Hill Rd SE Unit 1 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $317,000 - $353,736

3 Beds
2 Baths
1,515 Sq Ft
$333/mo HOA Fee

Last Sold December 18, 2020

Last sale price $229,000 $151 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,440/month

Highlights

  • Unit is on the top floor
  • 1 Fireplace
  • Double Pane Windows
  • Waterfront
  • Attached Garage
  • Views

About This Home

As of December 2020

Great 3 Bedroom 2 bathroom Condo! Open living room and Dining room area, Gas fireplace, NEW AC unit, Balcony over looks the lake! Enjoy your morning coffee on your private balcony overlooking the lake! Indoor laundry. Back on the market no fault to seller . by.possible carpet credit Hurry home!

Last Agent to Sell the Property

Michelle Barnes

Taylor & Taylor Realty Co. License #201213169 Listed on: 08/09/2020

Last Buyer's Agent

Donald Madsen

HomeSmart Realty Group License #780303524

HomeSmart Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,036

Year Built

  • Built in 1989

Lot Details

  • 697

HOA Fees

  • $333 per month

Parking

  • Attached Garage
  • Garage Door Opener

Home Design

  • Lap Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Laundry Room
  • Property Views

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Waterfront
  • Unit is on the top floor

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,036

Year Built

Built in 1989

Lot Details

0

HOA Fees

$333 per month

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: Townhouse
  • Sq Ft Calculated: 1515
  • Sq Ft Approximate Total: 1515
  • Stories: 1
  • Year Built: 1989
  • Property Condition: Resale
  • Remarks Public: Great 3 Bedroom 2 bathroom Condo! Open living room and Dining room area, Gas fireplace, NEW AC unit, Balcony over looks the lake! Enjoy your morning coffee on your private balcony overlooking the lake! Indoor laundry. Back on the market no fault to seller . by.possible carpet credit Hurry home!
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.0
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Garage Door Opener, Laundry, Hookup Available
  • Kitchen Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator
  • Legal Description: CINNAMON LAKES CONDOMINIUM UNIT 1-U
  • Sq Ft Main Level: 1515
  • Bedrooms: 3
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 2
  • Basement: Other
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Description: Lap Siding
  • Roof Type: Tile
  • View: Lake
  • Waterfront Description: Lake
  • Waterfront: Yes
  • Water Name: cinnamon lake
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Attached
  • Parking Description: Other

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • HOA Fees: 333
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Unit Location: Upper Floor

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Battle Creek
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 3360.88
  • Assessor Parcel Number: R69804
  • Tax Year: 2019

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Battle Creek
  • High School: Sprague
  • Middle School: Judson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2017
Sold by
Fielding Glen D
Bought by
Morter Linda R and Spriggs Heidi K
Current Estimated Value
$335,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Outstanding Balance
$72,669
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$238,847

Purchase Details

Closed on
Sep 4, 2014
Sold by
Straton Kathryn A
Bought by
Brooks Denise

Purchase Details

Closed on
Jul 23, 2013
Sold by
Hill Robert F and Hill Karen L
Bought by
Hill Robert F and Pecor Hill Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
3.98%
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 Buyer Sale Price Title Company
Morter Linda R $169,000 Fidelity Natl Title Co Of Or
Brooks Denise $128,000 Fidelity National Title Co
Hill Robert F -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morter Linda R $135,200
Previous Owner Hill Robert F $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $229,000 +4.6% $151 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/16/2020 10/16/20 Price Changed $219,000 -3.5% $145 / Sq Ft
09/17/2020 09/17/20 Price Changed $227,000 -16.5% $150 / Sq Ft
09/17/2020 09/17/20 Price Changed $272,000 0.0% $180 / Sq Ft
09/17/2020 09/17/20 For Sale $272,000 +17.2% $180 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/09/2020 08/09/20 For Sale $232,000 -- $153 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,036 $205,560 -- $205,560
2023 $3,917 $199,580 $0 $199,580
2022 $3,693 $193,770 $0 $0
2021 $3,588 $188,130 $0 $0
2020 $3,483 $182,660 $0 $0
2019 $3,465 $177,340 $0 $0
2018 $3,420 $0 $0 $0
2017 $3,087 $0 $0 $0
2016 $2,774 $0 $0 $0
2015 $2,739 $0 $0 $0
2014 $2,633 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20619868

Regional Multiple Listing Service (RMLS)

APN: 569804