NOT LISTED FOR SALE

1953 Arithmetic Dr SE Salem, OR 97302

Morningside Neighborhood

Estimated Value: $454,914 - $469,000

3 Beds
2 Baths
1,458 Sq Ft
$318/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $412,000 $283 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,925/month

44 Days on Market

Highlights

  • RV Access or Parking
  • Living Room with Fireplace
  • Wood Flooring
  • Deck
  • Territorial View
  • First Floor Utility Room

About This Home

As of October 2021

Don't miss this Cambridge gem. Hardwood floors throughout. Updated kitchen w/Quartz countertops. Newer furnace and A/C. Roof in 2017. 220 in garage and an OH door that goes through to the back covered pad. 10x10 shed w/electricidal. Trex deck 3 y/o w/gas stub near for BBQ. Single level home close to schools and Cambridge pool. Don't miss this one!

Last Agent to Sell the Property

BARB NORRIS

REDFIN License #201204698 Listed on: 08/18/2021

REDFIN

Last Buyer's Agent

Brian Smith

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #920800079

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,977

Year Built

  • Built in 1980

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Composition Roof

Interior Spaces

  • 1,458 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Kitchen Fridge/Washer/Dryer/Garage Work Bench
  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,977

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Gas, Microwave Included
  • Syndicated Remarks: Don't miss this Cambridge gem. Hardwood floors throughout. Updated kitchen w/Quartz countertops. Newer furnace and A/C. Roof in 2017. 220 in garage and an OH door that goes through to the back covered pad. 10x10 shed w/electricidal. Trex deck 3 y/o w/gas stub near for BBQ. Single level home close to schools and Cambridge pool. Don't miss this one!
  • Cross Street: Independence
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Kitchen Fridge/Washer/Dryer/Garage Work Bench
  • Fireplace: Gas, Living Room, Wood
  • Flooring: Wood, Tile
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 282.58
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 288

Exterior Features

  • Patio: Deck
  • Fenced Yard: Yes
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Forced Air, Gas
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

  • Elementary School: Pringle
  • Middle School: Judson
  • High School: South Salem

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7405
  • Lot: 4
  • Price Per Acre: 2470000
  • Rv Amenities: Area/Room For, Pad
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2020
  • Tax Account Number: 67886
  • Tax Amount: 3977

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 19, 2021
Sold by
Rotondo Stephen G and Rotondo Jo Lisa
Bought by
Larivee Raymond G and Larivee Linda H
Seller's Agent
BARB NORRIS
REDFIN
Buyer's Agent
Brian Smith
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$419,900
Sold Price
$412,000
Premium/Discount to List
-$7,900
-1.88%
Current Estimated Value
$462,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,018
Avg. Annual Appreciation
3.13%

Purchase Details

Listed on
Jun 16, 2017
Closed on
Aug 7, 2017
Sold by
Hill Michael J and Hill Shamroque D
Bought by
Rotondo Jo Lisa and Rotondo Stephen G
Seller's Agent
Sean Keene
REGER HOMES, LLC
Buyer's Agent
Kathy Hauge
LEGACY REAL ESTATE
List Price
$273,000
Sold Price
$288,000
Premium/Discount to List
$15,000
5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$263,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2005
Sold by
Pratt Ted B and Pratt Ivy
Bought by
Hill Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.48%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 8, 2005
Sold by
Hill Michael J
Bought by
Hill Michael J and Hill Shamroque D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.48%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 23, 2003
Sold by
Carlton Danny Leroy and Carlton Patricia Ann
Bought by
Pratt Ted B and Pratt Ivy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2000
Sold by
Wager Patrick Kevin
Bought by
Carlton Danny Leroy and Carlton Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage
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
Larivee Raymond G $412,000 Ticor Title
Rotondo Jo Lisa $288,000 Fidelity Natl Title Co Of Or
Hill Michael J $200,000 First American
Hill Michael J -- First American
Pratt Ted B $151,000 Key Title Company
Carlton Danny Leroy $127,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rotondo Jo Lisa $263,000
Previous Owner Hill Michael J $253,808
Previous Owner Hill Michael J $69,200
Previous Owner Hill Michael J $40,000
Previous Owner Hill Michael J $160,000
Previous Owner Pratt Ted B $120,800
Previous Owner Carlton Danny Leroy $98,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $412,000 -1.9% $283 / Sq Ft
08/18/2021 08/18/21 For Sale $419,900 +45.8% $288 / Sq Ft
08/07/2017 08/07/17 Sold $288,000 +5.5% $185 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $273,000 -- $175 / 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 $4,470 $227,680 -- --
2023 $4,339 $221,050 $0 $0
2022 $4,091 $214,620 $0 $0
2021 $3,974 $208,370 $0 $0
2020 $3,977 $202,310 $0 $0
2019 $3,722 $196,420 $0 $0
2018 $3,788 $0 $0 $0
2017 $3,419 $0 $0 $0
2016 $3,257 $0 $0 $0
2015 $3,281 $0 $0 $0
2014 $3,176 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 782280

Willamette Valley MLS

APN: 567886