NOT LISTED FOR SALE

2425 Cherry Ave NE Salem, OR 97301

Highland Neighborhood

Estimated Value: $133,000 - $612,000

3 Beds
1 Bath
1,220 Sq Ft
$395/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $95,000 $78 Per Sq Ft

Est. 408% increase in value since last sale

Current estimated payment $2,814/month

16 Days on Market

About This Home

As of April 2024

Fire Damage home. DO NOT ENTER! The home is unsafe to enter and of little to No value. Value is in the land only. Buyers should complete due diligence with the City of Salem regarding their intended use. Seller makes no representations. Offers will be reviewed after 03/06/2024

Last Agent to Sell the Property

Brian Smith

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #920800079 Listed on: 02/26/2024

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

DIANA ROJAS

REALTY ONE GROUP WILLAMETTE VALLEY License #201243298

REALTY ONE GROUP WILLAMETTE VALLEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,156

Year Built

  • Built in 1924

Lot Details

  • 5,663 Sq Ft Lot

Interior Spaces

  • 1,220 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Carport

Schools

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

Community Details

  • Highland Addition Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,156

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Syndicated Remarks: Fire Damage home. DO NOT ENTER! The home is unsafe to enter and of little to No value. Value is in the land only. Buyers should complete due diligence with the City of Salem regarding their intended use. Seller makes no representations. Offers will be reviewed after 03/06/2024
  • Cross Street: Spruce
  • Year Built: 1924
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 77.87
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 57.3

Exterior Features

  • Exterior Color: White

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 2

Schools

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

Lot Info

  • Acres: 0.13
  • Estimated Lot Sq Ft: 5663
  • Lot: 5
  • Price Per Acre: 537692.31
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: 577200
  • Tax Amount: 2156

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2025
Sold by
Gutierrez Jose and Martinez Carlos Alberto
Bought by
Villasenor Jose Luis and Villasenor Delia M
Current Estimated Value
$482,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$388,967
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$78,453

Purchase Details

Closed on
Oct 6, 2008
Sold by
Lewis Molly A
Bought by
Humphrey Nels
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
Villasenor Jose Luis $600,000 First American Title
Humphrey Nels -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villasenor Jose Luis $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $95,000 +35.9% $78 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
02/27/2024 02/27/24 Price Changed $69,900 +7.7% $57 / Sq Ft
02/27/2024 02/27/24 For Sale $64,900 -- $53 / 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 $2,222 $113,170 -- --
2023 $2,157 $109,880 $0 $0
2022 $2,033 $106,680 $0 $0
2021 $1,975 $103,580 $0 $0
2020 $1,918 $100,570 $0 $0
2019 $1,851 $97,650 $0 $0
2018 $1,883 $0 $0 $0
2017 $1,700 $0 $0 $0
2016 $1,619 $0 $0 $0
2015 $1,631 $0 $0 $0
2014 $1,579 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Smith

    Seller's Agent in 2024

    Brian Smith

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 551-8510

    3 in this area

    156 Total Sales

    Brian Smith
    Section Image
  • DIANA ROJAS

    Buyer's Agent in 2024

    DIANA ROJAS

    REALTY ONE GROUP WILLAMETTE VALLEY

    (503) 989-3575

    3 in this area

    76 Total Sales

    DIANA ROJAS
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 813730

Willamette Valley MLS

APN: 577200

Oregon Marion County Salem 97301 Highland

2425 Cherry Ave NE, Salem, OR

This home is located at 2425 Cherry Ave NE, Salem, OR 97301 since 26 February 2024 and is currently estimated at $482,476, approximately $395 per square foot. This property was built in 1924. 2425 Cherry Ave 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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