NOT LISTED FOR SALE

1858 Watson Butte Ave SE Salem, OR 97306

Salem Hills Neighborhood

Estimated Value: $671,000

2 Beds
1 Bath
2,768 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 1858 Watson Butte Ave SE, Salem, OR 97306 and is currently estimated at $671,000, approximately $242 per square foot. 1858 Watson Butte Ave SE is a home 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
Nov 16, 2021
Sold by
Banner Homes Llc
Bought by
Morelli Joseph Michael and Morelli Justine
Current Estimated Value
$671,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,448
Outstanding Balance
$473,067
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$197,933

Purchase Details

Closed on
Nov 15, 2021
Sold by
Banner Homes Llc
Bought by
Morelli Joseph Michael and Morelli Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,448
Outstanding Balance
$473,067
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$197,933

Purchase Details

Closed on
May 26, 2021
Sold by
Sr Phase Iii Llc
Bought by
Banner Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,000
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
May 3, 2021
Sold by
Sr Phase Iii Llc
Bought by
Banner Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,000
Interest Rate
3%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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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
Morelli Joseph Michael $648,061 Amerititle
Morelli Joseph Michael $648,061 Amerititle
Banner Homes Llc $135,000 Accommodation/Courtesy Recordi
Banner Homes Llc $135,000 Accp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morelli Joseph Michael $518,448
Closed Morelli Joseph Michael $518,448
Previous Owner Banner Homes Llc $461,000
Previous Owner Banner Homes Llc $461,000
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
2025 $6,572 $344,750 -- --
2024 $6,572 $334,710 -- --
2023 $6,378 $324,970 $0 $0
2022 $6,014 $315,510 $0 $0
2021 $908 $47,620 $0 $0
2020 $195 $9,940 $0 $0
Source: Public Records

Map

Oregon Marion County Salem 97306 Salem Hills

1858 Watson Butte Ave SE, Salem, OR

Not Listed for Sale

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