NOT LISTED FOR SALE

Estimated Value: $333,000 - $375,000

3 Beds
1 Bath
1,391 Sq Ft
$252/Sq Ft Est. Value

Last Sold June 26, 2013

Last sale price $128,500 $92 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $2,215/month

69 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Mud Room
  • Living Room with Fireplace
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of June 2013

This home is located at 2225 Laurel Ave NE, Salem, OR 97301 since 22 February 2013 and is currently estimated at $350,292, approximately $251 per square foot. This property was built in 1950. 2225 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

Lisa Santana

RE/MAX HOMESOURCE License #200210067 Listed on: 02/22/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,117

Year Built

  • Built in 1950

Lot Details

  • 6,000 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Property is zoned RS

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 1,391 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Territorial Views
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,117

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Cute Bungalow! Gas heat, central air conditioning, fireplace, arched doors, big mudroom, three large bedrooms, some fir floors underneath carpet. Formal dining room, fence backyard. Large two car garage wish 220, dual entries; front and alley. work are inside garage. Not a short sale just a good price!
  • Cross Street: Pine
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: Refrig, Range, Freezer in Garage
  • Flooring: Carpet, Wood, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Bonus Rooms: Mudroom
  • Price Per Sq Ft: 92.38
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 92.74

Exterior Features

  • Exterior Color: White
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.14
  • Estimated Lot Sq Ft: 6000
  • Lot: 5
  • Price Per Acre: 921428.57
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2011
  • Tax Account Number: R86281
  • Tax Amount: 2117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2018
Sold by
Verstone Mortgage Llc
Bought by
Needham Katie E
Total Days on Market
69
Current Estimated Value
$350,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2013
Closed on
Jun 25, 2013
Sold by
Lecompte Bernard J and Lecompte David G
Bought by
Needham Katie E
Seller's Agent
Lisa Santana
RE/MAX HOMESOURCE
List Price
$129,000
Sold Price
$128,500
Premium/Discount to List
-$500
-0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$126,172
Interest Rate
3.48%
Mortgage Type
FHA
Source: Public Records

Similar Homes in Salem, OR

  • 2045 Church St NE Unit 2049, Salem, OR 97301

    $354,900

    • 3 Beds
    • 2 Baths
    • 1,445 Sq Ft
    • 2045 Church St NE
    • Unit 2049
    • Salem, OR

    Great opportunity in North Salem!! 2 homes on 1 lot. Home in front is 1045 sqft 2 bed 1 bath plus an office and utility room with a 774 sqft unfinished basement (exterior access from the backyard). Home in ally is 400 sqft 1 bed 1 bath,has its own utility room and dining room. 48 hour notice to show.

    Jennifer Larson HOMESTAR BROKERS

    Section Image
  • 1935 16th St NE, Salem, OR 97301

    $330,000

    • 2 Beds
    • 1 Bath
    • 926 Sq Ft
    • 1935 16th St NE
    • Salem, OR

    Accepted Offer with Contingencies. Cute!!! This charming 2/1 is ready for your next chapter! Fresh exterior paint, interior paint has been touched up. Vinyl windows, original hardwood floors in living room, roomy attic for storage, private fully fenced back yard, great for entertaining and pets. Room for ADU? Updated plumbing throughout. Deep 3-car driveway. Several producing fruit trees in front

    Michael Lowery HOMESMART REALTY GROUP

    Section Image
  • 1334 Marion St NE, Salem, OR 97301

    $350,000

    • 3 Beds
    • 2 Baths
    • 1,324 Sq Ft
    • 1334 Marion St NE
    • Salem, OR

    Unlock the potential of this downtown Salem property with rare and flexible zoning! Located on a 0.22-acre lot, this turn-of-the-century home offers 3 bedrooms, 2 bathrooms, and 1,324 square feet of vintage charm—plus incredible upside for investors, developers, or homeowners. Zoned RM-II, the property allows for single-family, multi-family, or high-rise apartment development. It’s also approved

    Nick Shivers Keller Williams PDX Central

    Section Image
  • 1585 Park Ave NE, Salem, OR 97301

    $389,000

    • 2 Beds
    • 1 Bath
    • 1,232 Sq Ft
    • 1585 Park Ave NE
    • Salem, OR

    Property has plenty of parking w/attached single car garage & workshop. Home is a large 2 bedroom w/master upstairs & large single bathroom adjacent to the 2nd bedroom. Built-ins throughout w/interior remodel including the kitchen, bathroom, new LVP flooring, paint, & exterior finishes. Solar panels will be paid off upon closing, First showing will be at the open house this Saturday from 11-1pm,

    Kevin Riley VANTAGE POINT BROKERS, LLC

    Section Image
  • 2955 Wedgewood Ct NE, Salem, OR 97301

    $305,000

    • 3 Beds
    • 2 Baths
    • 1,322 Sq Ft
    • 2955 Wedgewood Ct NE
    • Salem, OR

    Accepted Offer with Contingencies. Huge potential with room for expansion - special for investor or family with rehab loan! This mid-century house has original built-ins, large windows bringing in natural light to living room with vaulted-ceiling. Hardwood floors throughout, covered front porch, 3-car garage with workshop. Large backyard with park-like setting in quiet cul-de-sac street.

    Savannah Waters PARAMOUNT REAL ESTATE SERVICES

    Section Image
  • 3052 Tierra Dr NE, Salem, OR 97305

    $380,000

    • 4 Beds
    • 2.5 Baths
    • 1,669 Sq Ft
    • 3052 Tierra Dr NE
    • Salem, OR

    Property sits in a well established neighborhood on a dead-end road. Home is a 2 story w/double car garage, fenced yard & covered front patio setting. Clean maintained home offers open concept w/half bath on the main floor, granite countertops, hardwood floors, AC unit, Laundry upstairs close to the bedrooms & true master suite. Easy to show call/text agent for combo lockbox.

    Kevin Riley VANTAGE POINT BROKERS, LLC

    Section Image
  • 1233 Scepter Way NE, Salem, OR 97301

    $424,000

    • 3 Beds
    • 1.5 Baths
    • 1,280 Sq Ft
    • 1233 Scepter Way NE
    • Salem, OR

    Ready to enjoy this perfectly manicured front yard & beautiful stamped back patio this spring/summer? Check out one of the nicest homes on the block! The kitchen features granite countertops, SS appliances, Cherry cabinets, & ample storage. The main living space has been remodeled to create an open concept feel. Backyard features a large finished shed w/heat & electrical - possible she-shed? Home

    TARAH FAIR REALTY ONE GROUP WILLAMETTE VALLEY

    Section Image
  • 4738 Royal Oak Ct NE, Salem, OR 97301

    $390,000

    • 3 Beds
    • 2 Baths
    • 1,032 Sq Ft
    • 4738 Royal Oak Ct NE
    • Salem, OR

    Charming 3-bed, 2-bath home in a quiet NE Salem cul-de-sac! Features a bright, open layout, spacious kitchen, and a large fenced backyard—perfect for entertaining or relaxing. Conveniently located near parks, schools, and shopping. A must-see!

    Lorenzo Flores REALTY OF AMERICA, LLC

    Section Image
  • 2735 Summer St SE, Salem, OR 97302

    $285,000

    • 2 Beds
    • 1 Bath
    • 1,126 Sq Ft
    • 2735 Summer St SE
    • Salem, OR

    As-IS PRICED TO SALE - Large lot , lots of potential, needs TLC , buyer to due own due diligence on zoning potential. Existing home is 2 bedroom/ 1 bath, Kitchen, living room and formal dining room. Storage available in attic space. Laundry room in hallway between garage and kitchen. large back yard with lots of potential. RV parking available with 3 car parking driveway.

    Karen Peters SUNDANCE REALTY LLC

    Section Image

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
Needham Katie E -- None Available
Needham Katie E $128,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Needham Katie E $180,000
Closed Needham Katie E $160,000
Previous Owner Needham Katie E $126,172
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2013 06/26/13 Sold $128,500 -0.4% $92 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $129,000 -- $93 / 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 $3,072 $156,480 -- --
2023 $2,982 $151,930 $0 $0
2022 $2,812 $147,510 $0 $0
2021 $2,731 $143,220 $0 $0
2020 $2,643 $139,050 $0 $0
2019 $2,558 $135,000 $0 $0
2018 $2,604 $0 $0 $0
2017 $2,350 $0 $0 $0
2016 $2,239 $0 $0 $0
2015 $2,256 $0 $0 $0
2014 $2,183 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 661112

Willamette Valley MLS

APN: 586281