NOT LISTED FOR SALE

Estimated Value: $397,000 - $424,960

2 Beds
1 Bath
900 Sq Ft
7,667 Sq Ft Lot

Last Sold September 12, 2014

Last sale price $195,000 $217 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,645/month

54 Days on Market

About This Home

As of September 2014

Lovely and spacious 2 bedroom condominium in historic Salem with 2 parking spaces! Close to Forest River Park, convenient to downtown. This unit has a bright and sunny kitchen and a separate dining room with built in cabinets. There is a good sized storage unit in basement and a great deck off the living room. Washer, dryer included with unit and is in basement. Condo fee includes heat and hot water! Why rent when you can own? Come home to Salem!

Last Agent to Sell the Property

Catherine MacGilvray

Century 21 North East License #454006690 Listed on: 06/20/2014

Last Buyer's Agent

Gail Tarmey

Keller Williams Realty Evolution License #454004065

Keller Williams Realty Evolution

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2014
Closed on
Sep 12, 2014
Sold by
Alberts Jay C and Hensen Drew
Bought by
Nadel Victoria L
Seller's Agent
Catherine MacGilvray
Century 21 North East
Buyer's Agent
Gail Tarmey
Keller Williams Realty Evolution
List Price
$214,000
Sold Price
$195,000
Premium/Discount to List
-$19,000
-8.88%
Total Days on Market
54
Current Estimated Value
$405,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,740
Avg. Annual Appreciation
7.06%
Original Mortgage
$165,750
Outstanding Balance
$128,067
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$277,673

Purchase Details

Closed on
Jul 18, 2005
Sold by
Willis James R
Bought by
Alberts Jay C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2001
Sold by
Cahill Jon M and Cahill Adelaine O
Bought by
Willis James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,077
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
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
Nadel Victoria L $195,000 --
Alberts Jay C $229,000 --
Willis James R $131,660 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nadel Victoria L $165,750
Previous Owner Willis James R $199,000
Previous Owner Willis James R $157,000
Previous Owner Willis James R $125,077
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $195,000 0.0% $217 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
08/03/2014 08/03/14 Off Market $195,000 -- --
07/07/2014 07/07/14 Price Changed $208,000 -2.8% $231 / Sq Ft
06/20/2014 06/20/14 For Sale $214,000 0.0% $238 / Sq Ft
07/23/2013 07/23/13 Rented $1,600 0.0% --
07/23/2013 07/23/13 For Rent $1,600 +6.7% --
07/18/2012 07/18/12 Rented $1,500 0.0% --
07/18/2012 07/18/12 For Rent $1,500 -- --
Source: MLS Property Information Network (MLS PIN)

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
2025 $4,403 $388,300 $0 $388,300
2024 $4,294 $369,500 $0 $369,500
2023 $4,127 $329,900 $0 $329,900
2022 $3,999 $301,800 $0 $301,800
2021 $3,934 $285,100 $0 $285,100
2020 $3,883 $268,700 $0 $268,700
2019 $3,681 $243,800 $0 $243,800
2018 $3,325 $216,200 $0 $216,200
2017 $3,256 $205,300 $0 $205,300
2016 $2,996 $191,200 $0 $191,200
2015 -- $177,600 $0 $177,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71702081

MLS Property Information Network (MLS PIN)

APN: SALE-000032-000000-000284-000802-000802