$395,000
SOLD SEP 30, 2020

2040 Timber Ct S Salem, OR 97302

Croisan-Illahe Neighborhood
2 Beds
2 Baths
1,994 Sq Ft
6,661 Sq Ft Lot

Recently Sold

$198 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • Family Room with Fireplace
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Covered patio or porch
  • Fenced Yard
  • Covered Deck

About This Home

As of August 2024

Spotless single level on convenient South Salem cul-de-sac, New roof in 2017, sun room green house off master suite, beautiful covered deck, large open kitchen great room with eating bar, vaulted ceiling and fireplace. Meticulously care for with many updates.

Last Agent to Sell the Property

Jennifer Larson

HOMESTAR BROKERS License #930500249 Listed on: 08/28/2020

Last Buyer's Agent

LEIGH TRACEY-GAYNAIR

HOMESMART REALTY GROUP License #201215372

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,601

Year Built

  • Built in 1998

Lot Details

  • 6,661 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Lap Siding

Interior Spaces

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

Kitchen

  • <<builtInRangeToken>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,601

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Built-In, Gas
  • Syndicated Remarks: Spotless single level on convenient South Salem cul-de-sac, New roof in 2017, sun room green house off master suite, beautiful covered deck, large open kitchen great room with eating bar, vaulted ceiling and fireplace. Meticulously care for with many updates.
  • Cross Street: Croisan Creek
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room
  • Flooring: Carpet
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Additional Room: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 198.09
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 195.54

Exterior Features

  • Patio: Covered Deck, Covered Patio
  • Exterior Color: Green
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Brick, Fiber Cement
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Forced Air, Gas, Heat Pump
  • 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
  • Estimated Lot Sq Ft: 6661
  • Lot: 4
  • Lot Type: Dimension Above
  • Price Per Acre: 2599333.33
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R70575
  • Tax Years: 19-20
  • Tax Account Number: R70575
  • Tax Amount: 4601

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
$531,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,654
Avg. Annual Appreciation
2.61%
Original Mortgage
$515,000
Outstanding Balance
$511,479
Interest Rate
6.89%
Mortgage Type
VA
Estimated Equity
$15,621

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 Type Sale Price Title Company
Warranty Deed $515,000 First American Title
Warranty Deed $395,000 First American
Warranty Deed $341,000 Fidelity Nationa Title
Interfamily Deed Transfer -- None Available
Warranty Deed $219,000 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $515,000 VA
Previous Owner $316,000 New Conventional
Previous Owner $272,800 New Conventional
Previous Owner $50,000 Credit Line Revolving
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

    2 in this area

    28 Total Sales

    LEIGH TRACEY-GAYNAIR
    Section Image
  • Bridget Welborn

    Buyer's Agent in 2024

    Bridget Welborn

    HOMESMART REALTY GROUP

    (503) 510-6580

    6 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

    3 in this area

    184 Total Sales

    Nicole Shuba
    Section Image
  • Eric Larson

    Buyer's Agent in 2018

    Eric Larson

    HOMESTAR BROKERS

    (503) 999-1518

    2 in this area

    53 Total Sales

    Eric Larson
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 768183

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 and is currently priced at $395,000, approximately $198 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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