NOT LISTED FOR SALE

246 Forest Hills Way NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $364,000 - $411,000

3 Beds
1.5 Baths
1,112 Sq Ft
$353/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $400,000 $360 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,325/month

Highlights

  • Living Room with Fireplace
  • Fenced Yard
  • Shed
  • Wood Flooring
  • Patio
  • 1-Story Property

About This Home

As of May 2022

One level on a large lot. Completely remodeled down to the studs in 2020. new electrical plumbing, flooring, drywall. Great walk in shower and soaking tub. Endless possibilities with the large lot. Room for greenhouses or ADU. Convenient to shopping, medical and highway to the coast.

Last Agent to Sell the Property

Laura Dorn

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #910500075 Listed on: 03/22/2022

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,480

Year Built

  • Built in 1955

Lot Details

  • 9,394 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,112 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 4 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,480

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric, Built-In, Microwave Included, Range Included
  • Syndicated Remarks: One level on a large lot. Completely remodeled down to the studs in 2020. new electrical plumbing, flooring, drywall. Great walk in shower and soaking tub. Endless possibilities with the large lot. Room for greenhouses or ADU. Convenient to shopping, medical and highway to the coast.
  • Cross Street: Fair Oaks
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: Refrigerator
  • Flooring: Wood, Tile
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 1.5
  • 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: 359.71
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 355.22

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Wood

Garage/Parking

  • Garage Capacity: 1

Utilities

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

Schools

  • Elementary School: Myers
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 0.22
  • Estimated Lot Sq Ft: 9394
  • Lot: 4
  • Lot Type: Dimension Above
  • Price Per Acre: 1795454.55
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 21-22
  • Tax Account Number: 262563
  • Tax Amount: 2480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 4, 2022
Sold by
Hewitt Shirley E
Bought by
Hewitt Michael A
Seller's Agent
Laura Dorn
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Current Estimated Value
$392,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,455
Avg. Annual Appreciation
-0.55%
Original Mortgage
$380,000
Outstanding Balance
$358,162
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$34,383
Source: Public Records

Range of Values:

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Average Value
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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
Hewitt Michael A $400,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hewitt Michael A $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $400,000 +1.3% $360 / Sq Ft
03/22/2022 03/22/22 For Sale $395,000 -- $355 / 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 $2,829 $154,630 $67,480 $87,150
2024 $2,829 $150,130 $65,520 $84,610
2023 $2,747 $151,190 $63,610 $87,580
2022 $2,553 $135,870 $61,760 $74,110
2021 $2,480 $131,920 $59,960 $71,960
2020 $2,407 $128,080 $58,220 $69,860
2019 $2,323 $124,350 $56,520 $67,830
2018 $2,284 $120,730 $54,870 $65,860
2017 $2,059 $117,220 $53,270 $63,950
2016 $2,010 $113,810 $51,710 $62,100
2015 $2,008 $111,120 $52,000 $59,120
2014 $1,931 $108,000 $52,000 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 790070

Willamette Valley MLS

APN: 262563