NOT LISTED FOR SALE

1840 Rees Hill Rd SE Unit 23 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $333,683 - $341,000

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

Last Sold October 19, 2020

Last sale price $237,000 $156 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,449/month

Highlights

  • Unit is on the top floor
  • Detached Garage
  • Wood Siding
  • 1 Fireplace
  • Views

About This Home

As of October 2020

Opportunity for a well maintained end unit overlooking a beautiful pond in your own private setting! Nestled up to nature in this 3 bedroom 2 full bath End Condo unit w/open kitchen living space. W&D in the hallway, HOA covers all ext maint of grounds and buildings, including pond, garbage, recycling, cable and fire insurance.

Last Agent to Sell the Property

Aaron Rian

The Brokerage House License #200711174 Listed on: 07/14/2020

Co-Listed By

Kevin Riley

Vantage Point Brokers, LLC License #201215784

Last Buyer's Agent

Judy Gysin

Premiere Property Group LLC License #200108155

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,022

Year Built

  • Built in 1989

Lot Details

  • 828

HOA Fees

  • $333 per month

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Property Views

Location

  • Unit is on the top floor

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,022

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: Approximately
  • Remarks Public: Opportunity for a well maintained end unit overlooking a beautiful pond in your own private setting! Nestled up to nature in this 3 bedroom 2 full bath End Condo unit w/open kitchen living space. W&D in the hallway, HOA covers all ext maint of grounds and buildings, including pond, garbage, recycling, cable and fire insurance.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Additional Rooms: Utility Room
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.0
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Kitchen Appliances: Dishwasher, Disposal
  • Legal Description: CINNAMON LAKES CONDOMINIUM UNIT 23-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
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: Utility Room,On Level: Main
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 2

Exterior Features

  • Exterior Description: Brick, Lap Siding, Wood Siding
  • Roof Type: Tile
  • View: Territorial
  • View: Yes
  • Additional Structure Supplement: No

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Detached

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • 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

  • Zoning: RM2
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 3348.72
  • Assessor Parcel Number: R69826
  • 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

Listed on
Jul 14, 2020
Closed on
Oct 16, 2020
Sold by
Kimmons Judith L
Bought by
Adams Jennifer Lynn
Seller's Agent
Aaron Rian
The Brokerage House
Buyer's Agent
Judy Gysin
Premiere Property Group LLC
List Price
$237,000
Sold Price
$237,000
Current Estimated Value
$337,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,342
Avg. Annual Appreciation
7.05%
Original Mortgage
$157,000
Outstanding Balance
$114,444
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$217,108

Purchase Details

Closed on
Jul 16, 2018
Sold by
Vice George H and Vice Glenda
Bought by
Kimmons Judith L

Purchase Details

Closed on
Sep 6, 2016
Sold by
James Michael L
Bought by
Vice George H and Vice Glenda

Purchase Details

Closed on
Apr 19, 2000
Sold by
Collins Barbara D
Bought by
James Michael L
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
Adams Jennifer Lynn $237,000 Fidelity Natl Ttl Co Of Or
Kimmons Judith L $215,000 Amerititle
Vice George H $175,000 First American
James Michael L $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Jennifer Lynn $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $237,000 0.0% $156 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $237,000 -- $156 / 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 $4,022 $204,830 -- $204,830
2023 $3,903 $198,870 $0 $198,870
2022 $3,680 $193,080 $0 $0
2021 $3,575 $187,460 $0 $0
2020 $3,471 $182,000 $0 $0
2019 $3,565 $176,700 $0 $0
2018 $3,408 $0 $0 $0
2017 $3,076 $0 $0 $0
2016 $2,783 $0 $0 $0
2015 $2,747 $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: 20128276

Regional Multiple Listing Service (RMLS)

APN: 569826