NOT LISTED FOR SALE

2740 Summer St SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $323,000 - $439,000

2 Beds
1 Bath
1,174 Sq Ft
$328/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $309,900 $264 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,346/month

20 Days on Market

Highlights

  • 0.37 Acre Lot
  • Wood Flooring
  • First Floor Utility Room
  • Deck
  • Mud Room
  • 1 Car Attached Garage

About This Home

As of December 2019

$5K PRICE REDUCTION! Cozy Cottage on large .37 acre in excellent South Salem location . Space for an Accessory Dwelling Unit and great backyard. Extensive upgrades including new 86' cement driveway, new oversized one-car garage, new sewer line, new sump pump, new HVAC, new paver patio and wood deck, new white picket fence, new appliances, new flooring, and original beautiful fir wood floors. Double pane windows. Near shops, Bush Park, schools. Approx 742sf in basement and 296sf in attic to add more SF.

Last Agent to Sell the Property

Greg Eide

REALTY ONE GROUP WILLAMETTE VALLEY License #201226534 Listed on: 10/29/2019

REALTY ONE GROUP WILLAMETTE VALLEY

Last Buyer's Agent

Shannon Loy

REALTY ONE GROUP WILLAMETTE VALLEY License #201220613

REALTY ONE GROUP WILLAMETTE VALLEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,650

Year Built

  • Built in 1920

Lot Details

  • 0.37 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot
  • Property is zoned RS

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Shake Siding

Interior Spaces

  • 1,174 Sq Ft Home
  • 1-Story Property
  • Mud Room
  • First Floor Utility Room
  • Unfinished Basement

Kitchen

  • Convection Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Front door handle, Stainglass chandelier, W/D
  • Tax Lot FR 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,650

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Convection, Electric
  • Syndicated Remarks: $5K PRICE REDUCTION! Cozy Cottage on large .37 acre in excellent South Salem location . Space for an Accessory Dwelling Unit and great backyard. Extensive upgrades including new 86' cement driveway, new oversized one-car garage, new sewer line, new sump pump, new HVAC, new paver patio and wood deck, new white picket fence, new appliances, new flooring, and original beautiful fir wood floors. Double pane windows. Near shops, Bush Park, schools. Approx 742sf in basement and 296sf in attic to add more SF.
  • Cross Street: Fairview St SE
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Front door handle, Stainglass chandelier, W/D
  • Negotiable Inclusions: All appliances, including refrigerator
  • Flooring: Wood, Tile, Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Basement: Unfinished
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Mudroom
  • Price Per Sq Ft: 263.97
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 263.97

Exterior Features

  • Patio: Deck, Patio
  • Exterior Color: White
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement, Shake, Wood
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

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

Schools

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

Lot Info

  • Acres: 0.37
  • Estimated Lot Sq Ft: 16094
  • Lot: FR 12
  • Lot Type: Irregular
  • Price Per Acre: 837567.57
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R91620
  • Tax Years: 19-20
  • Tax Account Number: R91620
  • Tax Amount: 2650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Nov 13, 2019
Sold by
Long Carol K
Bought by
Paul Kerry Wood
Seller's Agent
Greg Eide
REALTY ONE GROUP WILLAMETTE VALLEY
Buyer's Agent
Shannon Loy
REALTY ONE GROUP WILLAMETTE VALLEY
List Price
$314,900
Sold Price
$309,900
Premium/Discount to List
-$5,000
-1.59%
Current Estimated Value
$383,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,615
Avg. Annual Appreciation
3.78%
Original Mortgage
$232,425
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2018
Sold by
Long Carol K and Peterson Steven
Bought by
Long Carol K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,600
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2016
Sold by
Bachand Gregory J and Bachand Linda M
Bought by
Long Carol K and Peterson Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.52%
Mortgage Type
New Conventional
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
Paul Kerry Wood $309,900 Amerititle
Long Carol K -- Fidelity National Title
Long Carol K $195,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul Kerry Wood $226,726
Closed Paul Kerry Wood $232,425
Previous Owner Long Carol K $152,600
Previous Owner Long Carol K $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $309,900 0.0% $264 / Sq Ft
11/14/2019 11/14/19 Price Changed $309,900 -1.6% $264 / Sq Ft
10/29/2019 10/29/19 For Sale $314,900 -- $268 / 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 $3,088 $157,260 -- --
2023 $2,997 $152,680 $0 $0
2022 $2,826 $148,240 $0 $0
2021 $2,745 $143,930 $0 $0
2020 $2,665 $139,740 $0 $0
2019 $2,571 $135,670 $0 $0
2018 $2,442 $0 $0 $0
2017 $2,204 $0 $0 $0
2016 $2,398 $0 $0 $0
2015 $2,416 $0 $0 $0
2014 $2,338 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Eide

    Seller's Agent in 2019

    Greg Eide

    REALTY ONE GROUP WILLAMETTE VALLEY

    (503) 580-4200

    4 in this area

    59 Total Sales

    Section Image
  • Shannon Loy

    Buyer's Agent in 2019

    Shannon Loy

    REALTY ONE GROUP WILLAMETTE VALLEY

    (541) 409-3229

    81 Total Sales

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 756785

Willamette Valley MLS

APN: 591620

Oregon Marion County Salem 97302 South Central

2740 Summer St SE, Salem, OR

This home is located at 2740 Summer St SE, Salem, OR 97302 since 29 October 2019 and is currently estimated at $384,837, approximately $327 per square foot. This property was built in 1920. 2740 Summer St SE is a home located in Marion County with nearby schools including McKinley 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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