NOT LISTED FOR SALE

1976 Fairmount Ave S Salem, OR 97302

South Central Neighborhood

Estimated Value: $316,000 - $368,415

2 Beds
1 Bath
1,204 Sq Ft
$281/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $295,000 $245 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,179/month

95 Days on Market

Highlights

  • Wood Burning Stove
  • 1 Car Detached Garage
  • Landscaped
  • Territorial View
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of March 2024

Fairmount charmer! 2 bed, 1 bath home with sitting area. Large backyard great for entertaining guests in warm summer nights! Detached garage in the back through alley! New cadet heaters and electrical boxes installed. Oustanding location close to downtown!

Last Listed By

Sam Labbe

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #920200051 Listed on: 08/01/2023

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,207

Year Built

  • Built in 1920

Lot Details

  • 7,450 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Territorial Views
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Mckinley Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Meekers Add Salem Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,207

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: Fairmount charmer! 2 bed, 1 bath home with sitting area. Large backyard great for entertaining guests in warm summer nights! Detached garage in the back through alley! New cadet heaters and electrical boxes installed. Oustanding location close to downtown!
  • Cross Street: Rural
  • Year Built: 1920
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Wood Burning Stove: Certification Unknown
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Basement: Unfinished
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 245.02
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 269.85

Exterior Features

  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Electric

Schools

  • Elementary School: McKinley
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7450
  • Lot: 7
  • Price Per Acre: 1911176.47
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2022
  • Tax Account Number: 582412
  • Tax Amount: 3207

MLS Schools

  • HighSchool: South Salem
  • Middle School: Leslie
  • Elementary School: McKinley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Feb 27, 2024
Sold by
Vasquez Jerry J and Vasquez Kerry
Bought by
Epps Nathaniel
Seller's Agent
Sam Labbe
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$339,900
Sold Price
$295,000
Premium/Discount to List
-$44,900
-13.21%
Total Days on Market
95
Views
118
Current Estimated Value
$337,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,854
Avg. Annual Appreciation
9.87%
Original Mortgage
$195,000
Outstanding Balance
$192,677
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$139,157

Purchase Details

Closed on
Aug 19, 2016
Sold by
Jones Robert R
Bought by
Vasquez Jerry J and Vasquez Kerry
Source: Public Records

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Range of Values:

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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
Epps Nathaniel $295,000 First American Title
Epps Nathaniel $295,000 First American Title
Vasquez Jerry J $140,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Epps Nathaniel $195,000
Closed Epps Nathaniel $195,000
Previous Owner Jones Robert R $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $295,000 -9.2% $245 / Sq Ft
08/04/2023 08/04/23 Price Changed $324,900 -4.4% $270 / Sq Ft
08/01/2023 08/01/23 For Sale $339,900 -- $282 / 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 $3,399 $173,140 -- --
2023 $3,299 $168,100 $0 $0
2022 $3,111 $163,210 $0 $0
2021 $3,022 $158,460 $0 $0
2020 $2,934 $153,850 $0 $0
2019 $2,831 $149,370 $0 $0
2018 $2,881 $0 $0 $0
2017 $2,600 $0 $0 $0
2016 $2,477 $0 $0 $0
2015 $2,495 $0 $0 $0
2014 $2,415 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Labbe

    Seller's Agent in 2024

    Sam Labbe

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 851-4831

    1 in this area

    252 Total Sales

    Sam Labbe
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 808001

Willamette Valley MLS

APN: 582412

Oregon Marion County Salem 97302 South Central

1976 Fairmount Ave S, Salem, OR

This home is located at 1976 Fairmount Ave S, Salem, OR 97302 since 01 August 2023 and is currently estimated at $337,854, approximately $280 per square foot. This property was built in 1920. 1976 Fairmount Ave S is a home located in Marion County with nearby schools including McKinley 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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