NOT LISTED FOR SALE

2040 Timber Ct S Salem, OR 97302

Croisan-Illahe Neighborhood

Estimated Value: $499,000 - $584,000

3 Beds
2 Baths
1,994 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $515,000 $258 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,255/month

40 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • First Floor Utility Room
  • Territorial View
  • Covered Patio or Porch
  • Cul-De-Sac

About This Home

As of August 2024

Experience luxury living in this beautiful single-level home in a secluded Candalaria cul-de-sac. The heart of this turn-key property boasts an updated chef's kitchen flowing seamlessly into a large family room with a cozy gas fireplace. Step outside to a covered patio with gas grill hookup, perfect for al fresco dining in your private garden oasis. Retreat to the expansive primary suite, complete with ensuite bathroom and unique greenhouse feature.

Last Agent to Sell the Property

LEIGH TRACEY-GAYNAIR

HOMESMART REALTY GROUP License #201215372 Listed on: 07/10/2024

HOMESMART REALTY GROUP

Last Buyer's Agent

Bridget Welborn

HOMESMART REALTY GROUP License #201207994

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,202

Year Built

  • Built in 1998

Lot Details

  • 6,534 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,994 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

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

Community Details

  • Croisan Estates Subdivision

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,202

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Gas
  • Syndicated Remarks: Experience luxury living in this beautiful single-level home in a secluded Candalaria cul-de-sac. The heart of this turn-key property boasts an updated chef's kitchen flowing seamlessly into a large family room with a cozy gas fireplace. Step outside to a covered patio with gas grill hookup, perfect for al fresco dining in your private garden oasis. Retreat to the expansive primary suite, complete with ensuite bathroom and unique greenhouse feature.
  • Cross Street: Croisan Creek Rd
  • Year Built: 1998
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room, Gas
  • Negotiable Inclusions: Appliances
  • Flooring: Carpet, Wood, Tile
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 19.5x12, On Level: 1/Main
  • Bedroom 2: Dimensions: 11x9.5, On Level: 1/Main
  • Bedroom 3: Dimensions: 11x9.5, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 13x7, On Level: 1/Main
  • Family Room: Dimensions: 19.5x18.5, On Level: 1/Main
  • Living Room: Dimensions: 13x18, On Level: 1/Main
  • Kitchen: Dimensions: 18x8.5, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 258.27
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 263.29

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: Sage
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Brick, Fiber Cement
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Forced Air, Gas
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Schools

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

Lot Info

  • Acres: 0.15
  • Lot: 4
  • Lot Type: Cul-De-Sac
  • Price Per Acre: 3500000
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: 570575
  • Tax Amount: 5202

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 8, 2024
Sold by
Macdonald Thomas G
Bought by
Ogdahl James Gregory and Simpson Toni Elizabeth
Seller's Agent
LEIGH TRACEY-GAYNAIR
HOMESMART REALTY GROUP
Buyer's Agent
Bridget Welborn
HOMESMART REALTY GROUP
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
68
Current Estimated Value
$529,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,624
Avg. Annual Appreciation
2.55%
Original Mortgage
$515,000
Outstanding Balance
$509,195
Interest Rate
6.89%
Mortgage Type
VA
Estimated Equity
$20,429

Purchase Details

Listed on
Aug 28, 2020
Closed on
Sep 25, 2020
Sold by
Knights Douglas E and Knights Joyce A
Bought by
Macdonald Thomas G
Seller's Agent
Jennifer Larson
HOMESTAR BROKERS
Buyer's Agent
LEIGH TRACEY-GAYNAIR
HOMESMART REALTY GROUP
List Price
$389,900
Sold Price
$395,000
Premium/Discount to List
$5,100
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$316,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jul 30, 2018
Sold by
Brewington Sheila A
Bought by
Knights Douglas E and Knights Joyce A
Seller's Agent
Nicole Shuba
MANOR REALTY
Buyer's Agent
Eric Larson
HOMESTAR BROKERS
List Price
$339,900
Sold Price
$341,000
Premium/Discount to List
$1,100
0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$272,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2006
Sold by
Brewington Sheila
Bought by
Brewington Sheila A and Sheila A Brewington Revocable Living Tr

Purchase Details

Closed on
Oct 10, 2003
Sold by
Sanchez Alex A and Sanchez Elaine K
Bought by
Brewington Sheila A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ogdahl James Gregory $515,000 First American Title
Macdonald Thomas G $395,000 First American
Knights Douglas E $341,000 Fidelity Nationa Title
Brewington Sheila A -- None Available
Brewington Sheila A $219,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogdahl James Gregory $515,000
Previous Owner Macdonald Thomas G $316,000
Previous Owner Knights Douglas E $272,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $515,000 -1.9% $258 / Sq Ft
07/12/2024 07/12/24 For Sale $525,000 +32.9% $263 / Sq Ft
09/30/2020 09/30/20 Sold $395,000 +1.3% $198 / Sq Ft
08/28/2020 08/28/20 For Sale $389,900 +14.3% $196 / Sq Ft
07/31/2018 07/31/18 Sold $341,000 +0.3% $171 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $339,900 -- $170 / 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 $5,360 $272,990 -- --
2023 $5,202 $265,040 $0 $0
2022 $4,905 $257,330 $0 $0
2021 $4,765 $249,840 $0 $0
2020 $4,769 $242,570 $0 $0
2019 $4,463 $235,510 $0 $0
2018 $4,542 $0 $0 $0
2017 $3,716 $0 $0 $0
2016 $3,540 $0 $0 $0
2015 $3,567 $0 $0 $0
2014 $3,452 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LEIGH TRACEY-GAYNAIR

    Seller's Agent in 2024

    LEIGH TRACEY-GAYNAIR

    HOMESMART REALTY GROUP

    (541) 948-9312

    1 in this area

    27 Total Sales

    LEIGH TRACEY-GAYNAIR
    Section Image
  • Bridget Welborn

    Buyer's Agent in 2024

    Bridget Welborn

    HOMESMART REALTY GROUP

    (503) 510-6580

    5 in this area

    165 Total Sales

    Bridget Welborn
    Section Image
  • Jennifer Larson

    Seller's Agent in 2020

    Jennifer Larson

    HOMESTAR BROKERS

    (503) 999-1516

    5 in this area

    101 Total Sales

    Jennifer Larson
    Section Image
  • Nicole Shuba

    Seller's Agent in 2018

    Nicole Shuba

    MANOR REALTY

    (503) 949-6616

    1 in this area

    182 Total Sales

    Nicole Shuba
    Section Image
  • Eric Larson

    Buyer's Agent in 2018

    Eric Larson

    HOMESTAR BROKERS

    (503) 999-1518

    2 in this area

    47 Total Sales

    Eric Larson
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 819029

Willamette Valley MLS

APN: 570575

Oregon Marion County Salem 97302 Croisan-Illahe

2040 Timber Ct S, Salem, OR

This home is located at 2040 Timber Ct S, Salem, OR 97302 since 10 July 2024 and is currently estimated at $529,624, approximately $265 per square foot. This property was built in 1998. 2040 Timber Ct S is a home located in Marion County with nearby schools including Candalaria 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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