NOT LISTED FOR SALE

2405 Cottage St SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $554,356 - $592,000

4 Beds
2.5 Baths
3,163 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $475,000 $150 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,537/month

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Lower Floor Utility Room
  • Recreation Room
  • Home Office
  • Workshop

About This Home

As of June 2021

Bush Park gem. An elegant home with all the right things preserved. Original wood floors, period piece lighting fixtures, and nice floor plan including finished basement with bar and fourth bedroom. Home includes important recent updates, newer roof, interior/exterior paint, central heat and heat pump, and bathroom fixtures. Plenty of storage and closet space. Large master suite with closet, walk-in closet and ensuite bath.

Last Agent to Sell the Property

SEAN NIKAS

BUSY BEES TEAM License #200507113 Listed on: 04/09/2021

Last Buyer's Agent

MIKE CALABRIA

WORKS REAL ESTATE License #201213653

WORKS REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,586

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 3,163 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Recreation Room
  • Workshop
  • Lower Floor Utility Room
  • Dishwasher
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Block 30

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,586

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Dual Living: Yes
  • Home Warranty: Yes
  • Syndicated Remarks: Bush Park gem. An elegant home with all the right things preserved. Original wood floors, period piece lighting fixtures, and nice floor plan including finished basement with bar and fourth bedroom. Home includes important recent updates, newer roof, interior/exterior paint, central heat and heat pump, and bathroom fixtures. Plenty of storage and closet space. Large master suite with closet, walk-in closet and ensuite bath.
  • Cross Street: Judson
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Fireplace: Family Room, Living Room
  • Flooring: Carpet, Wood, Laminate
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Bedroom 4: On Level: Lower/Basement
  • Additional Room: Dimensions: Family Room, On Level: 1/Main
  • Basement: Finished
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: Lower/Basement
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Bonus Rooms: Office, Rec Room, Workshop
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Cedar

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Forced Air, Gas, Heat Pump
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Lot Info

  • Acres: 0.15
  • Estimated Lot Sq Ft: 6534
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 20/21
  • Tax Amount: 5586

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 3, 2021
Sold by
Kollars Steven J F and Kollars Joint Revocable Living
Bought by
Berdakin Damian and Lawless Berdakin Reba
Seller's Agent
SEAN NIKAS
BUSY BEES TEAM
Buyer's Agent
MIKE CALABRIA
WORKS REAL ESTATE
List Price
$489,000
Sold Price
$475,000
Premium/Discount to List
-$14,000
-2.86%
Current Estimated Value
$571,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,839
Avg. Annual Appreciation
4.27%
Original Mortgage
$427,500
Outstanding Balance
$385,358
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$186,481

Purchase Details

Closed on
Aug 17, 2016
Sold by
Kollars Steven J and Kollars Theresa
Bought by
Kollars Steven J F and Kollars Theresa A

Purchase Details

Closed on
May 28, 2009
Sold by
Ravelli Loretta
Bought by
Kollars Steven J and Kollars Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2003
Sold by
Conway Smith Alexa M and Smith Steven A
Bought by
Ravelli Loretta and Ravelli James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
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
Berdakin Damian $475,000 First American
Kollars Steven J F -- None Available
Kollars Steven J $338,000 Ticor Title
Ravelli Loretta $249,500 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berdakin Damian $427,500
Previous Owner Kollars Steven J $270,400
Previous Owner Ravelli Loretta $199,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $475,000 -2.9% $150 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $489,000 -- $155 / 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
2025 $6,279 $329,370 -- --
2024 $6,279 $319,780 -- --
2023 $6,094 $310,470 $0 $0
2022 $5,745 $301,430 $0 $0
2021 $5,581 $292,660 $0 $0
2020 $5,586 $284,140 $0 $0
2019 $5,390 $275,870 $0 $0
2018 $5,321 $0 $0 $0
2017 $4,802 $0 $0 $0
2016 $4,574 $0 $0 $0
2015 $4,566 $0 $0 $0
2014 $4,297 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • SEAN NIKAS

    Seller's Agent in 2021

    SEAN NIKAS

    BUSY BEES TEAM

    (503) 585-8050

    2 in this area

    37 Total Sales

    SEAN NIKAS
    Section Image
  • MIKE CALABRIA

    Buyer's Agent in 2021

    MIKE CALABRIA

    WORKS REAL ESTATE

    (503) 910-2640

    2 in this area

    53 Total Sales

    MIKE CALABRIA
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 775331

Willamette Valley MLS

APN: 583900

Oregon Marion County Salem 97302 South Central

2405 Cottage St SE, Salem, OR

Not Listed for Sale

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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