NOT LISTED FOR SALE

275 Forest Hills Way NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $457,000 - $492,000

4 Beds
2.5 Baths
2,322 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $325,000 $140 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,887/month

Highlights

  • RV Access or Parking
  • Family Room with Fireplace
  • Main Floor Bedroom
  • Deck
  • Wood Flooring
  • Home Office

About This Home

As of August 2020

Great 4 Bedroom, 2 bathroom West Salem home. Large daylight basement. Close in, but in its own wooded park-like setting. Walk to stores or the river within minutes. Beautiful hardwood floors, well-sized rooms & lots of windows. New carpet and paint in the daylight basement. Layout includes bedroom, workroom, game room, 2 fireplaces, laundry, pantry & private entry. New roof in Nov 2015. Ready to move in and make it your own.

Last Agent to Sell the Property

Randy Byrd

EXP REALTY, LLC License #201235026 Listed on: 07/10/2020

EXP REALTY, LLC

Co-Listed By

ALLEN TAN

EXP REALTY, LLC License #201235639

Last Buyer's Agent

Randy Byrd

EXP REALTY, LLC License #201235026 Listed on: 07/10/2020

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,858

Year Built

  • Built in 1948

Lot Details

  • 0.28 Acre Lot
  • Partially Fenced Property
  • Sprinkler System
  • Property is zoned RS

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,322 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Lower Floor Utility Room
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 8 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,858

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Dual Living: Possible
  • Range Facility: Gas
  • Syndicated Remarks: Great 4 Bedroom, 2 bathroom West Salem home. Large daylight basement. Close in, but in its own wooded park-like setting. Walk to stores or the river within minutes. Beautiful hardwood floors, well-sized rooms & lots of windows. New carpet and paint in the daylight basement. Layout includes bedroom, workroom, game room, 2 fireplaces, laundry, pantry & private entry. New roof in Nov 2015. Ready to move in and make it your own.
  • Cross Street: Eola
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Disposal: Yes
  • Fireplace: Family Room, Living Room, Wood
  • Flooring: Carpet, Wood, Tile
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 11.4x15.3, On Level: Lower/Basement
  • Bedroom 2: Dimensions: 11.2x13.9, On Level: 1/Main
  • Bedroom 3: Dimensions: 9.8x13.9, On Level: 1/Main
  • Bedroom 4: Dimensions: 11.1x15.5, On Level: Lower/Basement
  • Additional Room: Dimensions: 13.9x12.7, On Level: Lower/Basement
  • Basement: Finished
  • Dining Room: 1/Main, Dimensions: 12.2x10.9, On Level: 1/Main
  • Family Room: Dimensions: 17.8x21.3, On Level: Lower/Basement
  • Living Room: Dimensions: 17x12.11, On Level: 1/Main
  • Kitchen: Dimensions: 15.8x8.9, On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Bonus Rooms: Breakfast Room/Nook, Office
  • Price Per Sq Ft: 139.97
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 127.05

Exterior Features

  • Patio: Covered Patio, Deck
  • Exterior Color: Yellow
  • Fenced Yard: Partial
  • Foundation: Continuous, Slab
  • Roof: Composition
  • Siding: Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 0.28
  • Estimated Lot Sq Ft: 12263
  • Lot: 8
  • Price Per Acre: 1053571.43
  • Rv Amenities: Area/Room For
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 4
  • Assessor Parcel Number: 262464
  • Tax Years: 2019
  • Tax Account Number: 262464
  • Tax Amount: 3858

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 18, 2020
Sold by
Knickerbocker Randell R
Bought by
Howard Nicholas T
Seller's Agent
Randy Byrd
EXP REALTY, LLC
Buyer's Agent
Randy Byrd
EXP REALTY, LLC
List Price
$295,000
Sold Price
$325,000
Premium/Discount to List
$30,000
10.17%
Current Estimated Value
$471,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,710
Avg. Annual Appreciation
7.52%
Original Mortgage
$319,113
Outstanding Balance
$283,076
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$188,634

Purchase Details

Listed on
May 29, 2015
Closed on
Dec 15, 2015
Sold by
Brenneman Thomas G
Bought by
Knickerbocker Randell R
Seller's Agent
Josh Heneveld
KELLER WILLIAMS CAPITAL CITY
Buyer's Agent
Josh Heneveld
KELLER WILLIAMS CAPITAL CITY
List Price
$225,000
Sold Price
$226,000
Premium/Discount to List
$1,000
0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$230,859
Interest Rate
3.71%
Mortgage Type
VA
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
Howard Nicholas T $325,000 Fidelity Natl Ttl Co Of Or
Knickerbocker Randell R $226,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Nicholas T $319,113
Previous Owner Knickerbocker Randell R $230,859
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2020 08/18/20 Sold $325,000 +10.2% $140 / Sq Ft
07/10/2020 07/10/20 For Sale $295,000 +30.5% $127 / Sq Ft
12/15/2015 12/15/15 Sold $226,000 +0.4% $97 / Sq Ft View Prior Sale
10/07/2015 10/07/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $225,000 -- $97 / 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 $4,512 $246,630 $78,770 $167,860
2024 $4,512 $239,450 $76,480 $162,970
2023 $4,382 $232,480 $74,250 $158,230
2022 $4,241 $225,710 $72,080 $153,630
2021 $4,120 $219,140 $69,980 $149,160
2020 $3,998 $212,760 $67,940 $144,820
2019 $3,858 $206,570 $65,960 $140,610
2018 $3,794 $200,560 $64,040 $136,520
2017 $3,420 $194,720 $62,180 $132,540
2016 $3,338 $189,050 $60,370 $128,680
2015 $3,366 $183,550 $58,610 $124,940
2014 $3,217 $178,210 $56,910 $121,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 766053

Willamette Valley MLS

APN: 262464