NOT LISTED FOR SALE

1820 Rees Hill Rd SE Unit 3 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $311,000 - $330,688

2 Beds
2 Baths
1,359 Sq Ft
653 Sq Ft Lot

Last Sold April 06, 2017

Last sale price $172,000 $127 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,001/month

15 Days on Market

Highlights

  • Lake Front
  • Forced Air Heating System
  • Family Room
  • Living Room
  • Dining Room
  • Lap Siding

About This Home

As of April 2017

South Salem Condo at Cinnamon Lakes! Relax on your deck overlooking the lake and watch the geese. Vaulted ceiling, gas fireplace, wall to wall carpet. Easy freeway access and close to shopping and restaurants. Enjoy walking around the lake. Smoke Free community.

Last Agent to Sell the Property

Dana Burk

Keller Williams Capital City License #200302137 Listed on: 02/24/2017

Keller Williams Capital City

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 1989

Lot Details

  • 653

Parking

  • 1 Car Garage

Home Design

  • Tile Roof
  • Lap Siding

Interior Spaces

  • 1,359 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Lake Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Lake Front
  • Upper Level

Community Details

  • Property has a Home Owners Association
  • Cinnamon Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 569806

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,252

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1989
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: LapSiding,ManMade
  • Waterfront: Yes
  • View: Yes
  • Waterfront Features: Lake
  • Disclosures: Disclosure
  • Roof: Tile
  • View: Lake

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Senior Community: No
  • Association: Yes

Association/Amenities

  • CondominiumAssociationURLYN: No

Schools

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

Lot Info

  • Parcel #: 569806

Green Features

  • Green Certification: No

Tax Info

  • Tax Annual Amount: 2252.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2017
Closed on
Apr 5, 2017
Sold by
Meaney Lillian I
Bought by
Mossburger Roger and Mossburger Mary Alice
Seller's Agent
Dana Burk
Keller Williams Capital City
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$165,000
Sold Price
$172,000
Premium/Discount to List
$7,000
4.24%
Current Estimated Value
$320,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,844
Avg. Annual Appreciation
7.41%
Original Mortgage
$154,800
Outstanding Balance
$130,162
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$184,445
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
Mossburger Roger $172,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mossburger Roger $154,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2017 04/06/17 Sold $172,000 +4.2% $127 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $165,000 -- $121 / 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 $3,684 $187,650 -- $187,650
2023 $3,576 $182,190 $0 $182,190
2022 $3,372 $176,890 $0 $0
2021 $3,275 $171,740 $0 $0
2020 $3,180 $166,740 $0 $0
2019 $3,068 $161,890 $0 $0
2018 $3,122 $0 $0 $0
2017 $2,818 $0 $0 $0
2016 $2,252 $0 $0 $0
2015 $2,216 $0 $0 $0
2014 $2,178 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Burk

    Seller's Agent in 2017

    Dana Burk

    Keller Williams Capital City

    (503) 409-5861

    1 in this area

    100 Total Sales

    Dana Burk
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17343464

Regional Multiple Listing Service (RMLS)

APN: 569806

Oregon Marion County Salem 97306 South Gateway

1820 Rees Hill Rd SE Unit 3, Salem, OR

This home is located at 1820 Rees Hill Rd SE Unit 3, Salem, OR 97306 since 24 February 2017 and is currently estimated at $320,844, approximately $236 per square foot. This property was built in 1989. 1820 Rees Hill Rd SE Unit 3 is a home located in Marion County with nearby schools including Battle Creek Elementary School, Judson Middle School, and Sprague High School.

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