NOT LISTED FOR SALE

1840 Rees Hill Rd SE Unit 24 Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $297,000 - $338,544

3 Beds
2 Baths
1,515 Sq Ft
$210/Sq Ft Est. Value

About This Home

This home is located at 1840 Rees Hill Rd SE Unit 24, Salem, OR 97306 and is currently estimated at $317,772, approximately $209 per square foot. 1840 Rees Hill Rd SE Unit 24 is a home located in Marion County with nearby schools including Battle Creek Elementary School, Judson Middle School, and Sprague High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2025
Sold by
Peek Neil C
Bought by
Bridges Teresa Ann
Current Estimated Value
$317,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Outstanding Balance
$243,750
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$112,017

Purchase Details

Closed on
Jul 19, 2005
Sold by
Morisky Donovan F and Morisky Irma C
Bought by
Peek Neil C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Bridges Teresa Ann $325,000 Amerititle
Peek Neil C $169,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bridges Teresa Ann $243,750
Previous Owner Peek Neil C $50,000
Source: Public Records

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 $3,361 $177,340 $0 $0
2018 $3,420 $0 $0 $0
2017 $3,087 $0 $0 $0
2016 $2,783 $0 $0 $0
2015 $2,747 $0 $0 $0
2014 $2,633 $0 $0 $0
Source: Public Records

Map

Oregon Marion County Salem 97306 South Gateway

1840 Rees Hill Rd SE Unit 24, Salem, OR

This home is located at 1840 Rees Hill Rd SE Unit 24, Salem, OR 97306 and is currently estimated at $317,772, approximately $209 per square foot. 1840 Rees Hill Rd SE Unit 24 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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