NOT LISTED FOR SALE

1863 State St Salem, OR 97301

Northeast Neighbors Neighborhood

Estimated Value: $340,000 - $387,667

3 Beds
2 Baths
1,828 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 09, 2024

Last sale price $331,817 $182 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,152/month

99 Days on Market

Highlights

  • Waterfront
  • 2 Car Attached Garage
  • 3-minute walk to Mill Race Park
  • Deck
  • Forced Air Heating System

About This Home

As of October 2024

Welcome to 1863 State St! This home features three bedrooms, two baths and Mill Creek frontage. Nestled in the heart of Salem, this home features an open layout and custom finishes. This home boasts many desirable features, perfect for those looking for a peaceful retreat. Assumable FHA mortgage at 2.75%.

Last Agent to Sell the Property

JAKE WADLEIGH

WORKS REAL ESTATE License #201254741 Listed on: 07/02/2024

WORKS REAL ESTATE

Co-Listed By

MOLLY EDWARDS

HOMESMART REALTY GROUP License #201219562

Last Buyer's Agent

Marissa Rowe

KNIPE REALTY ERA POWERED License #201215022

KNIPE REALTY ERA POWERED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,499

Year Built

  • Built in 1951

Lot Details

  • 3,920 Sq Ft Lot
  • Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,828 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Deck
  • Flood Zone Lot
  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 10500 / 6023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,499

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Syndicated Remarks: Welcome to 1863 State St! This home features three bedrooms, two baths and Mill Creek frontage. Nestled in the heart of Salem, this home features an open layout and custom finishes. This home boasts many desirable features, perfect for those looking for a peaceful retreat. Assumable FHA mortgage at 2.75%.
  • Year Built: 1951
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Price Per Sq Ft: 181.52
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 179.98

Exterior Features

  • Patio: Deck
  • Roof: Composition
  • View: Water Frontage

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Forced Air
  • Water: City

Lot Info

  • Acres: 0.09
  • Flood Plain: Yes
  • Lot: 10500
  • Price Per Acre: 3655555.56
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: 527424
  • Tax Amount: 2499

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Oct 7, 2024
Sold by
Flentge Jeremy Paul
Bought by
Allensworth Terry E
Seller's Agent
JAKE WADLEIGH
WORKS REAL ESTATE
Buyer's Agent
Marissa Rowe
KNIPE REALTY ERA POWERED
List Price
$359,000
Sold Price
$331,817
Premium/Discount to List
-$27,183
-7.57%
Views
106
Current Estimated Value
$350,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,799
Avg. Annual Appreciation
5.88%
Original Mortgage
$297,924
Outstanding Balance
$296,238
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$51,496

Purchase Details

Listed on
Jan 5, 2021
Closed on
Apr 15, 2021
Sold by
Rhapsody Real Estate Llc
Bought by
Flentge Jeremy
Seller's Agent
Justin Leitham
IRON GATE REALTY GROUP
List Price
$339,000
Sold Price
$304,000
Premium/Discount to List
-$35,000
-10.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.55%
Original Mortgage
$297,924
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2018
Sold by
Cozzetto Nicholas
Bought by
Rhapsody Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.8%
Mortgage Type
Credit Line Revolving
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
Allensworth Terry E $331,817 First American Title
Flentge Jeremy $305,000 First American
Rhapsody Real Estate Llc $95,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allensworth Terry E $297,924
Previous Owner Flentge Jeremy $297,924
Previous Owner Rhapsody Real Estate Llc $160,000
Previous Owner Rhapsody Real Estate Llc $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $331,817 +0.9% $182 / Sq Ft
07/08/2024 07/08/24 Price Changed $329,000 -8.4% $180 / Sq Ft
07/02/2024 07/02/24 For Sale $359,000 +18.1% $196 / Sq Ft
04/16/2021 04/16/21 Sold $304,000 -0.3% $166 / Sq Ft
04/16/2021 04/16/21 Sold $305,000 -6.1% $167 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
03/01/2021 03/01/21 Pending -- -- --
01/31/2021 01/31/21 Price Changed $324,900 0.0% $178 / Sq Ft
01/31/2021 01/31/21 Price Changed $324,900 -1.5% $178 / Sq Ft
01/21/2021 01/21/21 Price Changed $329,900 0.0% $180 / Sq Ft
01/19/2021 01/19/21 Price Changed $329,900 -2.7% $180 / Sq Ft
01/05/2021 01/05/21 For Sale $339,000 0.0% $185 / Sq Ft
12/30/2020 12/30/20 Price Changed $339,000 -2.9% $185 / Sq Ft
12/18/2020 12/18/20 For Sale $349,000 -- $191 / Sq Ft
Source: Willamette Valley MLS

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 $2,575 $131,160 -- --
2023 $2,499 $127,340 $0 $0
2022 $2,357 $123,640 $0 $0
2021 $2,289 $120,040 $0 $0
2020 $2,165 $110,140 $0 $0
2019 $2,089 $106,940 $0 $0
2018 $2,063 $0 $0 $0
2017 $1,862 $0 $0 $0
2016 $1,773 $0 $0 $0
2015 $1,787 $0 $0 $0
2014 $1,729 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    JAKE WADLEIGH

    WORKS REAL ESTATE

    (503) 979-3073

    1 in this area

    9 Total Sales

    Section Image
  • MOLLY EDWARDS

    Seller Co-Listing Agent in 2024

    MOLLY EDWARDS

    HOMESMART REALTY GROUP

    (503) 999-7519

    4 in this area

    134 Total Sales

    Section Image
  • Marissa Rowe

    Buyer's Agent in 2024

    Marissa Rowe

    KNIPE REALTY ERA POWERED

    (503) 915-2815

    1 in this area

    82 Total Sales

    Section Image

  • J

    Seller's Agent in 2021

    Justin Leitham

    IRON GATE REALTY GROUP

  • Justin Leithem

    Seller's Agent in 2021

    Justin Leithem

    Pellego, LLC

    (503) 502-5375

    1 in this area

    34 Total Sales

    Section Image

  • E

    Buyer's Agent in 2021

    Ed DeMott

    John L. Scott Portland Metro

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 818823

Willamette Valley MLS

APN: 527424

Oregon Marion County Salem 97301 Northeast Neighbors

1863 State St, Salem, OR

This home is located at 1863 State St, Salem, OR 97301 since 02 July 2024 and is currently estimated at $353,917, approximately $193 per square foot. This property was built in 1951. 1863 State St is a home located in Marion County with nearby schools including Richmond Elementary School, Leslie Middle School, and South Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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