NOT LISTED FOR SALE

2440 Cherry Ave NE Salem, OR 97301

Highland Neighborhood

Estimated Value: $320,000 - $383,000

3 Beds
1.5 Baths
1,212 Sq Ft
$292/Sq Ft Est. Value

Sale Details

Date Sold: December 7, 2012

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

Est. 264% increase in value since last sale

Current estimated payment $2,094 / mo

114 Days on Market

Highlights

  • First Floor Utility Room
  • 2 Car Attached Garage
  • 1-Story Property
  • Fenced Yard
  • Patio
  • Landscaped

About This Home

As of December 2012

This home is located at 2440 Cherry Ave NE, Salem, OR 97301 since 16 July 2012 and is currently estimated at $353,797, approximately $291 per square foot. This property was built in 1977. 2440 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.

Co-Listed By

Ashleigh Armenakis

NED BAKER REAL ESTATE License #201006106

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,930

Year Built

  • Built in 1977

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,212 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 8 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,930

Year Built

Built in 1977

Lot Details

6,250 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: This home on the quiet dead end section of Cherry Av. New roof June 2012 & interior paint. Home in good condition and ready to occupy. Non-compliant wood stove has been removed.
  • Cross Street: Spruce
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: Range, Frig, Wdw Coverings
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12x11.9, On Level: 1/Main
  • Bedroom 2: Dimensions: 11x9.3, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 14.6x10.7, On Level: 1/Main
  • Living Room: Dimensions: 19x14.3, On Level: 1/Main
  • Kitchen: Dimensions: 15x8.9, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Exterior Color: Lt. Blue
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Forced Air
  • High Speed Comm Access: Unknown
  • Water: Connected, City
  • Water Heater: Electric

Lot Info

  • Acres: 0.14
  • Estimated Lot Dimensions: 50x125
  • Estimated Lot Sq Ft: 6250
  • Flood Plain: Unknown
  • Lot: 8
  • Lot Type: Dimension Above
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 11-12
  • Tax Amount: 1930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2013
Sold by
Simpson James Arthur
Bought by
Simpson James Arthur and Simpson Joey John Wesley
Current Estimated Value
$345,764

Purchase Details

Listed on
Jul 16, 2012
Closed on
Dec 6, 2012
Sold by
Cukr Vicki and Stockwell Karen
Bought by
Simpson James Arthur
List Price
$109,950
Sold Price
$95,000
Premium/Discount to List
-$14,950
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Original Mortgage
$97,042
Outstanding Balance
$66,722
Interest Rate
3.36%
Mortgage Type
VA
Estimated Equity
$287,075
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simpson James Arthur -- None Available
Simpson James Arthur $95,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson James Arthur $97,042
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2012 12/07/12 Sold $95,000 -13.6% $78 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $109,950 -- $91 / Sq Ft
Source: Willamette Valley MLS

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 $2,970 $155,800 -- --
2024 $2,970 $151,270 -- --
2023 $2,883 $146,870 $0 $0
2022 $2,718 $142,600 $0 $0
2021 $2,640 $138,450 $0 $0
2020 $2,563 $134,420 $0 $0
2019 $2,473 $130,510 $0 $0
2018 $2,517 $0 $0 $0
2017 $2,272 $0 $0 $0
2016 $2,164 $0 $0 $0
2015 $2,180 $0 $0 $0
2014 $2,110 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller Co-Listing Agent in 2012

    Ashleigh Armenakis

    NED BAKER REAL ESTATE

See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 654804

Willamette Valley MLS

APN: 583475

Oregon Marion County Salem 97301 Highland

2440 Cherry Ave NE, Salem, OR

Not Listed for Sale

Detached

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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