NOT LISTED FOR SALE

Estimated Value: $260,000 - $329,000

3 Beds
1 Bath
892 Sq Ft
$336/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $191,000 $214 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,777/month

Highlights

  • RV Access or Parking
  • Shed
  • Carpet
  • Fenced Yard
  • 1-Story Property
  • 2-minute walk to Lee Park

About This Home

As of February 2021

Great starter or investment home in Salem. Don't miss this opportunity! Three bed, one bath, large fenced back yard with alley access and room for R/V parking. One block from Lee Park and Richmond School Park. Close to downtown, shopping, eateries & I-5. Bring your ideas to make this house into your home.

Last Agent to Sell the Property

Greg Messick

REALTYNET License #200202047 Listed on: 12/31/2020

Last Buyer's Agent

Erik Arevalo

OREGON FIRST License #201225961

OREGON FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 1940

Lot Details

  • 6,200 Sq Ft Lot
  • Fenced Yard

Parking

  • RV Access or Parking

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

  • 892 Sq Ft Home
  • 1-Story Property

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Shed
  • Flood Zone Lot
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 4 / 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,014

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: Great starter or investment home in Salem. Don't miss this opportunity! Three bed, one bath, large fenced back yard with alley access and room for R/V parking. One block from Lee Park and Richmond School Park. Close to downtown, shopping, eateries & I-5. Bring your ideas to make this house into your home.
  • Cross Street: Ford St SE
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 1
  • 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
  • Price Per Sq Ft: 214.13
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 209.64

Exterior Features

  • Exterior Color: Blue
  • Fenced Yard: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding Style: T111

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Electric
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

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

Lot Info

  • Acres: 0.142
  • Estimated Lot Sq Ft: 6200
  • Flood Plain: Yes
  • Lot: 4
  • Price Per Acre: 1316901.41
  • Rv Amenities: Area/Room For
  • Zoning: Res
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R67242
  • Tax Years: 2020
  • Tax Account Number: R67242
  • Tax Amount: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2022
Sold by
Brenda Molina
Bought by
Lopez Alejandro Jimenez
Current Estimated Value
$299,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,850
Outstanding Balance
$211,173
Interest Rate
4.67%
Mortgage Type
FHA
Estimated Equity
$88,300

Purchase Details

Listed on
Dec 31, 2020
Closed on
Feb 13, 2021
Sold by
Teressa J Nichols And Carl E Nichols Llc
Bought by
Molina Brenda and Lopez Alejandro Jimenez
Seller's Agent
Greg Messick
REALTYNET
Buyer's Agent
Erik Arevalo
OREGON FIRST
List Price
$187,000
Sold Price
$191,000
Premium/Discount to List
$4,000
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$181,450
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2020
Sold by
Nichols Teresa J and Nichols Carl E
Bought by
Teresa J Nichols And Carl E Nichols Llc

Purchase Details

Closed on
Jan 11, 2008
Sold by
Nichols Teresa Jean and Markee Teresa
Bought by
Nichols Teresa Jean and Nichols Carle

Purchase Details

Closed on
May 1, 2002
Sold by
Salem Self Help Housing Inc
Bought by
Markee Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,401
Interest Rate
7.13%
Mortgage Type
FHA
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
Lopez Alejandro Jimenez $91,000 Old Republic Title
Molina Brenda $191,000 Ticor Title Carson City
Teresa J Nichols And Carl E Nichols Llc -- None Available
Nichols Teresa Jean -- Accommodation
Markee Teresa $65,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Alejandro Jimenez $223,850
Previous Owner Molina Brenda $181,450
Previous Owner Markee Teresa $64,401
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $191,000 +2.1% $214 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $187,000 -- $210 / 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 $2,263 $115,250 -- --
2023 $2,196 $111,900 $0 $0
2022 $2,071 $108,650 $0 $0
2021 $2,012 $105,490 $0 $0
2020 $2,014 $102,420 $0 $0
2019 $1,885 $99,440 $0 $0
2018 $1,918 $0 $0 $0
2017 $1,731 $0 $0 $0
2016 $1,649 $0 $0 $0
2015 $1,650 $0 $0 $0
2014 $1,549 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 772313

Willamette Valley MLS

APN: 567242