NOT LISTED FOR SALE

2555 Simpson St SE Salem, OR 97301

Northeast Salem Neighborhood

Estimated Value: $340,248 - $347,000

3 Beds
1 Bath
1,302 Sq Ft
$264/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $290,000 $223 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,024/month

Highlights

  • First Floor Utility Room
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Shed
  • Landscaped
  • Partially Fenced Property

About This Home

As of October 2021

Space for RV/Boat parking! Great low traffic location short distance to Willamette University, downtown Salem, shopping and State Capitol offices! The spacious kitchen was updated a few years ago with new cabinets, stainless steel appliances and laminate flooring. Per owner, extensive updates have been completed over the years, including cement lap siding, double pane vinyl windows, lighting, high efficiency gas furnace & added insulation. Central A/C! Easy access to I-5!

Last Agent to Sell the Property

Brian Smith

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #920800079 Listed on: 09/22/2021

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

Melissa Feroglia

KNIPE REALTY ERA POWERED License #200212186

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,087

Year Built

  • Built in 1949

Lot Details

  • 4,472 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Property is zoned RS

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,302 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 9&10

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,087

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Space for RV/Boat parking! Great low traffic location short distance to Willamette University, downtown Salem, shopping and State Capitol offices! The spacious kitchen was updated a few years ago with new cabinets, stainless steel appliances and laminate flooring. Per owner, extensive updates have been completed over the years, including cement lap siding, double pane vinyl windows, lighting, high efficiency gas furnace & added insulation. Central A/C! Easy access to I-5!
  • Cross Street: 25th
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Flooring: Laminate, Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 23 x 11, On Level: 1/Main
  • Bedroom 2: Dimensions: 11 x 10.5, On Level: 1/Main
  • Bedroom 3: Dimensions: 11 x 10.5, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 10 x 9, On Level: 1/Main
  • Living Room: Dimensions: 17.5 x 15, On Level: 1/Main
  • Kitchen: Dimensions: 14.5 x 9.5, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 222.73
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 230.34

Exterior Features

  • Exterior Color: Green
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding Style: Lap

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Central Ac, Forced Air, Gas
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Schools

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

Lot Info

  • Acres: 0.11
  • Estimated Lot Sq Ft: 4472
  • Lot: 9&10
  • Lot Type: Dimension Above
  • Price Per Acre: 2726363.64
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2020
  • Tax Account Number: R90298
  • Tax Amount: 2087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Oct 8, 2021
Sold by
Robison John S
Bought by
Wynn Maranda and Alvarez Richard
Seller's Agent
Brian Smith
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Melissa Feroglia
KNIPE REALTY ERA POWERED
List Price
$319,900
Sold Price
$290,000
Premium/Discount to List
-$29,900
-9.35%
Current Estimated Value
$343,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,562
Avg. Annual Appreciation
4.41%
Original Mortgage
$284,747
Outstanding Balance
$259,663
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$83,899

Purchase Details

Closed on
Apr 20, 2007
Sold by
Peters Laura
Bought by
Robison John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,425
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2004
Sold by
Lopez Isabel
Bought by
Depaz Bill and Depaz Guillermo W

Purchase Details

Closed on
Sep 16, 2003
Sold by
Depaz Guillermo W
Bought by
Lopez Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Wynn Maranda $290,000 Amerititle
Robison John S $177,900 Fidelity Natl Title Co Of Or
Depaz Bill $100,000 --
Lopez Isabel $90,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wynn Maranda $284,747
Previous Owner Robison John S $133,425
Previous Owner Lopez Isabel $72,000
Closed Lopez Isabel $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $290,000 0.0% $223 / Sq Ft
10/27/2021 10/27/21 Sold $290,000 -3.3% $223 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/22/2021 09/22/21 Price Changed $299,900 -6.3% $230 / Sq Ft
09/22/2021 09/22/21 For Sale $319,900 0.0% $246 / Sq Ft
09/08/2021 09/08/21 For Sale $319,900 -- $246 / 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 $2,432 $123,850 -- --
2023 $2,360 $120,250 $0 $0
2022 $2,225 $116,750 $0 $0
2021 $2,162 $113,350 $0 $0
2020 $2,164 $110,050 $0 $0
2019 $2,088 $106,850 $0 $0
2018 $2,061 $0 $0 $0
2017 $1,860 $0 $0 $0
2016 $1,772 $0 $0 $0
2015 $1,785 $0 $0 $0
2014 $1,728 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Smith

    Seller's Agent in 2021

    Brian Smith

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 551-8510

    6 in this area

    154 Total Sales

    Brian Smith
    Section Image

  • M

    Buyer's Agent in 2021

    Melissa Feroglia

    KNIPE REALTY ERA POWERED

    (503) 445-7660

    1 in this area

    12 Total Sales

    Melissa Feroglia
    Section Image
  • Amy Asivido

    Buyer's Agent in 2021

    Amy Asivido

    Keller Williams Premier Partners

    (360) 907-1073

    1 in this area

    947 Total Sales

    Amy Asivido
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 783950

Willamette Valley MLS

APN: 590298

Oregon Marion County Salem 97301 Northeast Salem

2555 Simpson St SE, Salem, OR

This home is located at 2555 Simpson St SE, Salem, OR 97301 since 22 September 2021 and is currently estimated at $343,562, approximately $263 per square foot. This property was built in 1949. 2555 Simpson St SE is a home located in Marion County with nearby schools including Richmond Elementary School, Leslie Middle School, and South 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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