NOT LISTED FOR SALE

2240 5th St NE Salem, OR 97301

Highland Neighborhood

Estimated Value: $380,794 - $389,000

3 Beds
1 Bath
1,520 Sq Ft
$253/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $330,000 $217 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,367/month

4 Days on Market

Highlights

  • Living Room with Fireplace
  • Fenced Yard
  • Patio
  • Wood Flooring
  • 1 Car Detached Garage
  • Security System Owned

About This Home

As of September 2021

Charming Cottage Home near Downtown Salem and Keizer. Newer Paint, Siding, Roof, Deck, Kitchen, Hardwood Floors, Newer AC, Newer Furnace/ Water Heater, Updated Wiring and Plumbing, Cedar lined closets, Insulated Attic, Ext walls and flooring. This home has all its historic charm with original glass knob doors, Large fireplace dining/ living room, unfinished 904 sq ft basement, detached garage, original windows, all with modern updates. Landscaped and within walking distance to neighborhood park.

Last Agent to Sell the Property

Richard Feredinos

HOMESMART REALTY GROUP License #201224595 Listed on: 07/23/2021

HOMESMART REALTY GROUP

Co-Listed By

HOPE FEREDINOS

HOMESMART REALTY GROUP License #210226820

Last Buyer's Agent

Colleen Benson

KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP License #961200091

KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,877

Year Built

  • Built in 1939

Lot Details

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

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Security System Owned
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

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 10 / 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,877

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Home Warranty: Negotiable
  • Range Facility: Gas, Range Included
  • Syndicated Remarks: Charming Cottage Home near Downtown Salem and Keizer. Newer Paint, Siding, Roof, Deck, Kitchen, Hardwood Floors, Newer AC, Newer Furnace/ Water Heater, Updated Wiring and Plumbing, Cedar lined closets, Insulated Attic, Ext walls and flooring. This home has all its historic charm with original glass knob doors, Large fireplace dining/ living room, unfinished 904 sq ft basement, detached garage, original windows, all with modern updates. Landscaped and within walking distance to neighborhood park.
  • Cross Street: Highland Ave
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: Stove, Refigerator, Microwave.
  • Flooring: Carpet, Wood, Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Basement: Full, Unfinished
  • Price Per Sq Ft: 217.11
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 210.53

Exterior Features

  • Patio: Patio
  • Exterior Color: White
  • Fenced Yard: Yes
  • Landscape: Yes
  • Roof: Composition, Shingle
  • Siding: Vinyl
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Central Ac, Forced Air, Gas
  • High Speed Comm Access: Available
  • Security System: Owned
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Gas

Schools

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

Lot Info

  • Acres: 0.14
  • Estimated Lot Sq Ft: 6000
  • Lot: 10
  • Price Per Acre: 2285714.29
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 20-21
  • Tax Account Number: R77115
  • Tax Amount: 2877

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 30, 2021
Sold by
Stanley Haley C and Bolen Haley C
Bought by
Munsil Debra and Munsil Luke
Seller's Agent
Richard Feredinos
HOMESMART REALTY GROUP
Buyer's Agent
Colleen Benson
KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP
List Price
$320,000
Sold Price
$330,000
Premium/Discount to List
$10,000
3.12%
Current Estimated Value
$379,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,737
Avg. Annual Appreciation
3.54%
Original Mortgage
$264,000
Outstanding Balance
$242,499
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$135,904

Purchase Details

Listed on
Feb 8, 2013
Closed on
Feb 22, 2013
Sold by
Forness Donald Trygve and Wilkins Ashley Marie
Bought by
Bolen Haley C
Buyer's Agent
Julene Wynn
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%
Original Mortgage
$112,917
Interest Rate
3.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Munsil Debra $330,000 Amerititle
Bolen Haley C $115,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munsil Debra $264,000
Previous Owner Bolen Haley C $208,000
Previous Owner Bolen Haley C $112,917
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $330,000 +3.1% $217 / Sq Ft
07/23/2021 07/23/21 For Sale $320,000 +178.3% $211 / Sq Ft
03/08/2013 03/08/13 Sold $115,000 0.0% $76 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $115,000 -- $76 / 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 $3,234 $164,710 -- --
2023 $3,139 $159,920 $0 $0
2022 $2,960 $155,270 $0 $0
2021 $2,875 $150,750 $0 $0
2020 $2,877 $146,360 $0 $0
2019 $2,776 $142,100 $0 $0
2018 $2,741 $0 $0 $0
2017 $2,474 $0 $0 $0
2016 $2,356 $0 $0 $0
2015 $2,374 $0 $0 $0
2014 $2,298 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Feredinos

    Seller's Agent in 2021

    Richard Feredinos

    HOMESMART REALTY GROUP

    (503) 559-3913

    1 in this area

    42 Total Sales

    Section Image
  • HOPE FEREDINOS

    Seller Co-Listing Agent in 2021

    HOPE FEREDINOS

    HOMESMART REALTY GROUP

    (503) 510-0544

    1 in this area

    7 Total Sales

    Section Image
  • Colleen Benson

    Buyer's Agent in 2021

    Colleen Benson

    KELLER WILLIAMS CAPITAL CITY BENSON BROKER GROUP

    (503) 830-9467

    8 in this area

    843 Total Sales

    Section Image
  • Julene Wynn

    Buyer's Agent in 2013

    Julene Wynn

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 851-6300

    1 in this area

    86 Total Sales

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 781035

Willamette Valley MLS

APN: 577115

Oregon Marion County Salem 97301 Highland

2240 5th St NE, Salem, OR

This home is located at 2240 5th St NE, Salem, OR 97301 since 23 July 2021 and is currently estimated at $384,949, approximately $253 per square foot. This property was built in 1939. 2240 5th St 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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