NOT LISTED FOR SALE

2040 Laurel Ave NE Salem, OR 97301

Highland Neighborhood

Estimated Value: $339,000 - $404,000

3 Beds
1 Bath
1,692 Sq Ft
$220/Sq Ft Est. Value

Last Sold September 11, 2014

Last sale price $128,500 $76 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $2,197/month

139 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Fenced Yard
  • Family Room with Fireplace
  • Covered patio or porch
  • 1 Car Attached Garage

About This Home

As of September 2014

This home is located at 2040 Laurel Ave NE, Salem, OR 97301 since 24 February 2014 and is currently estimated at $372,444, approximately $220 per square foot. This property was built in 1940. 2040 Laurel Ave NE is a home located in Marion County with nearby schools including Highland Elementary School, Parrish Middle School, and North Salem High School.

Last Listed By

Craig Evans

CROWN REAL ESTATE GROUP License #911000139 Listed on: 02/24/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,841

Year Built

  • Built in 1940

Lot Details

  • 4,800 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,692 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Gas Fireplace
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Utilities

  • Zoned Cooling
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 8 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,841

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Charming home with gas stove, hardwood floors, and built-in cabinetry. Nice window placement makes this home a cozy and bright place to live!
  • Cross Street: Academy
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Fireplace: Family Room, Gas
  • Wood Burning Stove: Certification Unknown
  • Flooring: Wood, Tile
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 10x11.9, On Level: 1/Main
  • Bedroom 2: Dimensions: 10.9x12, On Level: 1/Main
  • Additional Room: Dimensions: 7.7x9, On Level: 1/Main
  • Basement: Full
  • Dining Room: 1/Main, Dimensions: 9.3x9, On Level: 1/Main
  • Living Room: Dimensions: 11.4x16.11, On Level: 1/Main
  • Kitchen: Dimensions: 13.3x7.6, On Level: 1/Main
  • Price Per Sq Ft: 75.95
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 75

Exterior Features

  • Patio: Covered Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Electric, Stove, Zonal
  • High Speed Comm Access: Present
  • Water: Connected, City
  • Water Heater: Electric

Schools

  • Elementary School: Highland
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.11
  • Estimated Lot Sq Ft: 4800
  • Flood Plain: Unknown
  • Lot: 8
  • Lot Type: Dimension Above
  • Price Per Acre: 1153636.36
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 13-14
  • Tax Account Number: R80712
  • Tax Amount: 1841

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2014
Closed on
Sep 11, 2014
Sold by
Holthoff Michael G
Bought by
Mayer Rebecca
Seller's Agent
Craig Evans
CROWN REAL ESTATE GROUP
List Price
$129,900
Sold Price
$128,500
Premium/Discount to List
-$1,400
-1.08%
Total Days on Market
139
Current Estimated Value
$372,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,944
Avg. Annual Appreciation
10.43%
Original Mortgage
$126,172
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2006
Sold by
Smith Daniel M and Smith Holly M
Bought by
Holthoff Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2004
Sold by
Landamerica Onestop Inc Trust
Bought by
Smith Daniel M and Smith Holly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 1, 2004
Sold by
Quinn Todd A and Quinn Letha R
Bought by
Landamerica Onestop Inc Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.7%
Mortgage Type
Balloon
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
Mayer Rebecca $128,500 Fidelity National Title Co
Holthoff Michael G $167,500 Amerititle
Smith Daniel M $120,000 Lawyers Title Ins
Landamerica Onestop Inc Trust $120,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayer Rebecca $176,500
Closed Mayer Rebecca $170,940
Closed Mayer Rebecca $126,172
Previous Owner Holthoff Michael G $117,500
Previous Owner Smith Daniel M $96,000
Closed Smith Daniel M $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2014 09/11/14 Sold $128,500 -1.1% $76 / Sq Ft
07/13/2014 07/13/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $129,900 -- $77 / 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 $2,646 $134,750 -- --
2023 $2,568 $130,830 $0 $0
2022 $2,421 $127,020 $0 $0
2021 $2,352 $123,330 $0 $0
2020 $2,283 $119,740 $0 $0
2019 $2,203 $116,260 $0 $0
2018 $2,242 $0 $0 $0
2017 $2,024 $0 $0 $0
2016 $1,928 $0 $0 $0
2015 $1,943 $0 $0 $0
2014 $1,880 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Craig Evans

    Seller's Agent in 2014

    Craig Evans

    CROWN REAL ESTATE GROUP

    (503) 409-5025

    1 in this area

    69 Total Sales

    Craig Evans
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Map

Source: Willamette Valley MLS

MLS Number: 673471

Willamette Valley MLS

APN: 580712

Oregon Marion County Salem 97301 Highland

2040 Laurel Ave NE, Salem, OR

This home is located at 2040 Laurel Ave NE, Salem, OR 97301 since 24 February 2014 and is currently estimated at $372,444, approximately $220 per square foot. This property was built in 1940. 2040 Laurel Ave NE is a home located in Marion County with nearby schools including Highland Elementary School, Parrish Middle School, and North 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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