NOT LISTED FOR SALE

198 Olympic Ave SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $451,000 - $493,000

3 Beds
2.5 Baths
1,870 Sq Ft
$256/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $173,400 $93 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $2,968/month

32 Days on Market

Highlights

  • Deck
  • Breakfast Area or Nook
  • Landscaped
  • Territorial View
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2013

This home is located at 198 Olympic Ave SE, Salem, OR 97306 since 14 January 2013 and is currently estimated at $479,111, approximately $256 per square foot. This property was built in 1993. 198 Olympic Ave SE is a home located in Marion County with nearby schools including Liberty Elementary School, Crossler Middle School, and Sprague High School.

Last Agent to Sell the Property

Sam Labbe

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #920200051 Listed on: 01/14/2013

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,286

Year Built

  • Built in 1993

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 70x100
  • Partially Fenced Property
  • Landscaped
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • T111 Siding

Interior Spaces

  • 1,870 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 13 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,286

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Great buy on this light & bright one owner home. Carpets new in late 2012. Open kitchen plan with center island. 2 dining areas, LR & FR. Nice view off balcony. Storage under house & above garage. Nice master suite!
  • Cross Street: Liberty
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: Window Coverings
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: .5
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 13x16, On Level: 2/Upper
  • Bedroom 2: Dimensions: 11x12.6, On Level: 2/Upper
  • Bedroom 3: Dimensions: 11x10.2, On Level: 2/Upper
  • Dining Room: 1/Main, Dimensions: 10x12, On Level: 1/Main
  • Family Room: Dimensions: 13.6x16, On Level: 1/Main
  • Living Room: Dimensions: 13x13, On Level: 1/Main
  • Kitchen: Dimensions: 11x14, On Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook
  • Price Per Sq Ft: 92.73
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 90.86

Exterior Features

  • Patio: Deck
  • Exterior Color: Yellow
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Composite
  • Siding Style: Lap, T111
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Water: Connected, City

Schools

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

Lot Info

  • Acres: 0.16
  • Estimated Lot Dimensions: 70x100
  • Estimated Lot Sq Ft: 6970
  • Lot: 13
  • Lot Type: Dimension Above
  • Price Per Acre: 1061875
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2012
  • Tax Account Number: R80585
  • Tax Amount: 3286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2013
Closed on
Mar 13, 2013
Sold by
Soderstrom Kevin A and Soderstrom Kathy E
Bought by
Black Veronica
Seller's Agent
Sam Labbe
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$169,900
Sold Price
$173,400
Premium/Discount to List
$3,500
2.06%
Current Estimated Value
$479,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,711
Avg. Annual Appreciation
8.44%
Original Mortgage
$164,730
Outstanding Balance
$118,179
Interest Rate
3.53%
Mortgage Type
New Conventional
Estimated Equity
$360,675
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Black Veronica $173,400 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Veronica $164,730
Previous Owner Soderstrom Kevin A $87,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Sold $173,400 +2.1% $93 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $169,900 -- $91 / 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 $5,260 $267,920 -- --
2023 $5,105 $260,120 $0 $0
2022 $4,814 $252,550 $0 $0
2021 $4,676 $245,200 $0 $0
2020 $4,540 $238,060 $0 $0
2019 $4,380 $231,130 $0 $0
2018 $4,458 $0 $0 $0
2017 $4,023 $0 $0 $0
2016 $3,832 $0 $0 $0
2015 $3,861 $0 $0 $0
2014 $3,613 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Labbe

    Seller's Agent in 2013

    Sam Labbe

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 851-4831

    17 in this area

    252 Total Sales

    Sam Labbe
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 659890

Willamette Valley MLS

APN: 580585

Oregon Marion County Salem 97306 South Gateway

198 Olympic Ave SE, Salem, OR

This home is located at 198 Olympic Ave SE, Salem, OR 97306 since 14 January 2013 and is currently estimated at $479,111, approximately $256 per square foot. This property was built in 1993. 198 Olympic Ave SE is a home located in Marion County with nearby schools including Liberty Elementary School, Crossler Middle School, and Sprague 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

Nearby Homes