NOT LISTED FOR SALE

265 Forest Hills Way NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $330,379 - $364,000

3 Beds
1 Bath
1,170 Sq Ft
$301/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $227,500 $194 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,115/month

1 Day on Market

Highlights

  • Family Room with Fireplace
  • Fenced Yard
  • Shed
  • Territorial View
  • Covered Deck
  • 1-Story Property

About This Home

As of July 2018

Welcome home to a beautifully cared for one level home in West Salem. Minutes to downtown. Walking distance to shopping, restaurants & bus stops. Covered patio to enjoy the warm summer nights, lots of trees in the backyard for shade and privacy. Three bedrooms, updated bathroom, private entrance to the third bedroom and lots of windows for great lighting.

Last Agent to Sell the Property

Katie Schmidt

HOMESMART REALTY GROUP License #201214733 Listed on: 05/27/2018

HOMESMART REALTY GROUP

Last Buyer's Agent

Ty Hilderbrand

REALTY ONE GROUP WILLAMETTE VALLEY License #200412052

REALTY ONE GROUP WILLAMETTE VALLEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,191

Year Built

  • Built in 1946

Lot Details

  • 0.25 Acre Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Property is zoned RS

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Territorial Views
  • Security System Leased

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Covered Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 7 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,191

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Gas, Built-In
  • Syndicated Remarks: Welcome home to a beautifully cared for one level home in West Salem. Minutes to downtown. Walking distance to shopping, restaurants & bus stops. Covered patio to enjoy the warm summer nights, lots of trees in the backyard for shade and privacy. Three bedrooms, updated bathroom, private entrance to the third bedroom and lots of windows for great lighting.
  • Cross Street: Eola
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room, Wood
  • Negotiable Inclusions: Fridge
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 11X12, On Level: 1/Main
  • Bedroom 2: Dimensions: 9X10.5, On Level: 1/Main
  • Bedroom 3: Dimensions: 11.5X19, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 8X13, On Level: 1/Main
  • Living Room: Dimensions: 13X18.5, On Level: 1/Main
  • Kitchen: Dimensions: 7.6X13, On Level: 1/Main
  • Price Per Sq Ft: 194.44
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 192.31

Exterior Features

  • Patio: Covered Deck
  • Exterior Color: cream
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Security System: Leased
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

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

Lot Info

  • Acres: 0.25
  • Estimated Lot Sq Ft: 10712
  • Lot: 7
  • Lot Type: Irregular
  • Price Per Acre: 900000
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 17-18
  • Tax Account Number: 262477
  • Tax Amount: 2191

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2018
Closed on
Jul 20, 2018
Sold by
Bell Nancy and Bell Greg
Bought by
Stellmach William P
Seller's Agent
Katie Schmidt
HOMESMART REALTY GROUP
Buyer's Agent
Ty Hilderbrand
REALTY ONE GROUP WILLAMETTE VALLEY
List Price
$225,000
Sold Price
$227,500
Premium/Discount to List
$2,500
1.11%
Current Estimated Value
$352,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,595
Avg. Annual Appreciation
6.24%
Original Mortgage
$182,000
Outstanding Balance
$157,730
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$194,365

Purchase Details

Closed on
Apr 29, 2016
Bought by
Bell Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
3.66%

Purchase Details

Listed on
Oct 28, 2012
Closed on
Mar 25, 2013
Sold by
Adkins Randy A
Bought by
Bell Nancy and Bell Greg
Buyer's Agent
Eric Larson
HOMESTAR BROKERS
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
Original Mortgage
$122,735
Interest Rate
3.62%
Mortgage Type
FHA
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
Stellmach William P $227,500 Fidelity National Title
Bell Nancy -- --
Bell Nancy $125,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stellmach William P $182,000
Previous Owner Bell Nancy $133,600
Previous Owner Bell Nancy --
Previous Owner Bell Nancy $122,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2018 07/20/18 Sold $227,500 +1.1% $194 / Sq Ft
05/27/2018 05/27/18 For Sale $225,000 +80.0% $192 / Sq Ft
03/26/2013 03/26/13 Sold $125,000 0.0% $107 / Sq Ft View Prior Sale
02/07/2013 02/07/13 Pending -- -- --
10/28/2012 10/28/12 For Sale $125,000 -- $107 / 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 $2,891 $157,990 $66,600 $91,390
2024 $2,891 $153,390 $64,660 $88,730
2023 $2,807 $148,930 $62,770 $86,160
2022 $2,717 $144,600 $60,940 $83,660
2021 $2,640 $140,390 $59,160 $81,230
2020 $2,561 $136,310 $57,440 $78,870
2019 $2,472 $132,340 $55,760 $76,580
2018 $2,431 $128,490 $54,140 $74,350
2017 $2,191 $124,750 $52,560 $72,190
2016 $2,139 $121,120 $51,030 $70,090
2015 $2,157 $117,600 $49,540 $68,060
2014 $2,061 $114,180 $48,100 $66,080
Source: Public Records

Agents Affiliated with this Home

  • Katie Schmidt

    Seller's Agent in 2018

    Katie Schmidt

    HOMESMART REALTY GROUP

    (503) 562-9226

    2 in this area

    21 Total Sales

    Katie Schmidt
    Section Image
  • Ty Hilderbrand

    Buyer's Agent in 2018

    Ty Hilderbrand

    REALTY ONE GROUP WILLAMETTE VALLEY

    (503) 881-2313

    5 in this area

    89 Total Sales

    Ty Hilderbrand
    Section Image
  • Eric Larson

    Buyer's Agent in 2013

    Eric Larson

    HOMESTAR BROKERS

    (503) 999-1518

    4 in this area

    46 Total Sales

    Eric Larson
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 734162

Willamette Valley MLS

APN: 262477

Oregon Polk County Salem 97304 West Salem

265 Forest Hills Way NW, Salem, OR

This home is located at 265 Forest Hills Way NW, Salem, OR 97304 since 27 May 2018 and is currently estimated at $352,095, approximately $300 per square foot. This property was built in 1946. 265 Forest Hills Way NW is a home located in Polk County with nearby schools including Kalapuya Elementary School, Walker Middle School, and West 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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