NOT LISTED FOR SALE

1942 Bunker Hill Rd S Salem, OR 97306

Salem Hills Neighborhood

Estimated Value: $770,000 - $899,000

4 Beds
3 Baths
3,692 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $726,000 $197 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,881/month

298 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • First Floor Utility Room
  • 2 Acre Lot
  • Territorial View
  • 2 Car Attached Garage

About This Home

As of October 2023

Possible Dual Living. Home with 4 bedroom, 3 baths 3,696 s/f. South Salem located on 2 acres. Single level with basement. Main level features large living area open to kitchen 2 bedrooms and 2 bathrooms. Lower level has family room area, 2 more bedrooms, bathroom, storage and access to the oversized garage(2 car deep). New carpet and LVP Flooring installed 2022. Seller will pay up to $15,000 Of Buyer Closing Costs and Mortgage Rate Buy Down with acceptable offer.

Last Agent to Sell the Property

Greg & Judy Gysin

PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM License #861200070 Listed on: 10/12/2022

PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM

Co-Listed By

Judy Gysin

PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM License #200108155

Last Buyer's Agent

Greg & Judy Gysin

PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM License #861200070 Listed on: 10/12/2022

PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,790

Year Built

  • Built in 1998

Lot Details

  • 2 Acre Lot
  • Landscaped

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 3,692 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room
  • Territorial Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Sumpter Elementary School
  • Crossler Middle School
  • Sprague High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,790

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Dual Living: Possible
  • Range Facility: Gas
  • Syndicated Remarks: Possible Dual Living. Home with 4 bedroom, 3 baths 3,696 s/f. South Salem located on 2 acres. Single level with basement. Main level features large living area open to kitchen 2 bedrooms and 2 bathrooms. Lower level has family room area, 2 more bedrooms, bathroom, storage and access to the oversized garage(2 car deep). New carpet and LVP Flooring installed 2022. Seller will pay up to $15,000 Of Buyer Closing Costs and Mortgage Rate Buy Down with acceptable offer.
  • Year Built: 1998
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Flooring: Carpet, Tile
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Number of Main Level Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 19.1x15, On Level: 1/Main
  • Bedroom 2: Dimensions: 14.6x10, On Level: 1/Main
  • Bedroom 3: Dimensions: 14.6x10, On Level: Lower/Basement
  • Bedroom 4: Dimensions: 11.11x10.5, On Level: Lower/Basement
  • Additional Room: Dimensions: 36.3x18.5, On Level: Lower/Basement
  • Basement: Daylight, Finished
  • Dining Room: 1/Main, Dimensions: 12.5x18.10, On Level: 1/Main
  • Family Room: Dimensions: 20x18.10, On Level: 1/Main
  • Living Room: Dimensions: 22.7x14.1, On Level: 1/Main
  • Kitchen: Dimensions: 14.1x10.10, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 196.64
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 197.45

Exterior Features

  • Patio: Deck, Patio
  • Foundation: Continuous, Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Vinyl
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • Septic: Standard
  • Water: Well
  • Water Heater: Gas

Schools

  • Elementary School: Sumpter
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 2
  • Estimated Lot Sq Ft: 95120
  • Lot: .
  • Price Per Acre: 364500
  • Rv Amenities: Area/Room For
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 21-22
  • Tax Account Number: 533358
  • Tax Amount: 3790

MLS Schools

  • HighSchool: Sprague
  • Middle School: Crossler
  • Elementary School: Sumpter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Oct 30, 2023
Sold by
Wallace Richard B
Bought by
Terpening John C and Terpening Holly H
Seller's Agent
Greg & Judy Gysin
PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM
Buyer's Agent
Greg & Judy Gysin
PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM
List Price
$825,000
Sold Price
$726,000
Premium/Discount to List
-$99,000
-12%
Views
587
Current Estimated Value
$833,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,115
Avg. Annual Appreciation
7.94%
Original Mortgage
$458,500
Outstanding Balance
$450,819
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$381,520

Purchase Details

Closed on
Mar 26, 2020
Sold by
Wallace Richard B
Bought by
Wallace Richard B
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
Terpening John C $726,000 Amerititle
Wallace Richard B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terpening John C $165,000
Open Terpening John C $458,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $726,000 -0.4% $197 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
05/18/2023 05/18/23 Price Changed $729,000 -2.8% $197 / Sq Ft
01/19/2023 01/19/23 Price Changed $749,900 -9.1% $203 / Sq Ft
10/15/2022 10/15/22 For Sale $825,000 -- $223 / 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 $4,088 $322,100 -- --
2023 $3,990 $312,720 $0 $0
2022 $3,774 $303,620 $0 $0
2021 $3,677 $294,780 $0 $0
2020 $3,688 $286,200 $0 $0
2019 $3,553 $277,870 $0 $0
2018 $3,508 $0 $0 $0
2017 $3,074 $0 $0 $0
2016 $2,934 $0 $0 $0
2015 $3,015 $0 $0 $0
2014 $2,882 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 798776

Willamette Valley MLS

APN: 533358