NOT LISTED FOR SALE

281 Friendship Ave SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $448,748 - $497,000

7 Beds
2 Baths
1,973 Sq Ft
$244/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $237,000 $120 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,548/month

3 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Breakfast Area or Nook
  • Territorial View
  • Home Office
  • First Floor Utility Room

About This Home

As of January 2017

This property is all set up for a group/care home! Definite 6 bedrooms, or 7! Office, large utility room! Kitchen is all open to dining area and large with newer appliances. Living room has beautiful hardwood floors, fireplace, sitting area for clients. The patio is enclosed and covered to create more living space in the warmer months. If you do not need a group home, this is an amazing opportunity for a family!

Last Agent to Sell the Property

Carolyn Alexander

WINDERMERE PACIFIC WEST PROP License #921000050 Listed on: 10/18/2016

WINDERMERE PACIFIC WEST PROP

Last Buyer's Agent

Sarah Freitag

WINDERMERE PACIFIC WEST PROP License #201209587

WINDERMERE PACIFIC WEST PROP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,925

Year Built

  • Built in 1961

Lot Details

  • 9,472 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 1,973 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Home Office
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Handicap Accessible
  • Patio

Listing and Financial Details

  • Tax Lot M.n.B

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,925

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Dual Living: Possible
  • Handicap Amenities: Yes (Refer To Remarks)
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: This property is all set up for a group/care home! Definite 6 bedrooms, or 7! Office, large utility room! Kitchen is all open to dining area and large with newer appliances. Living room has beautiful hardwood floors, fireplace, sitting area for clients. The patio is enclosed and covered to create more living space in the warmer months. If you do not need a group home, this is an amazing opportunity for a family!
  • Cross Street: Liberty
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Disposal: Yes
  • Fireplace: Living Room
  • Negotiable Inclusions: Stove, Refrigerator
  • Flooring: Carpet, Wood, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 7+
  • Master Bedroom: Dimensions: 16 x 19, On Level: 1/Main
  • Bedroom 2: Dimensions: 10x13, On Level: 1/Main
  • Bedroom 3: Dimensions: 10 x 11, On Level: 1/Main
  • Bedroom 4: Dimensions: 10 x 10, On Level: 1/Main
  • Additional Room: Dimensions: 10 x 10, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 10 x 11, On Level: 1/Main
  • Family Room: Dimensions: *
  • Living Room: Dimensions: 14 x 19, On Level: 1/Main
  • Kitchen: Dimensions: 11 x 12, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook, Office
  • Price Per Sq Ft: 120.12
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 119.11

Exterior Features

  • Patio: Patio
  • Exterior Color: Rust
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition, Shingle
  • Siding: Cedar
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • Elementary School: Schirle
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 0.22
  • Estimated Lot Sq Ft: 9472
  • Lot: M.n.B
  • Lot Type: Dimension Above
  • Price Per Acre: 1068181.82
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 15/16
  • Tax Account Number: R31839
  • Tax Amount: 2925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2016
Closed on
Jan 20, 2017
Sold by
Templeton Jimmy Douglas
Bought by
The Shangri La Corporation
Seller's Agent
Carolyn Alexander
WINDERMERE PACIFIC WEST PROP
Buyer's Agent
Sarah Freitag
WINDERMERE PACIFIC WEST PROP
List Price
$235,000
Sold Price
$237,000
Premium/Discount to List
$2,000
0.85%
Current Estimated Value
$480,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,583
Avg. Annual Appreciation
8.73%
Original Mortgage
$177,750
Outstanding Balance
$94,624
Interest Rate
4.13%
Mortgage Type
Commercial
Estimated Equity
$396,025

Purchase Details

Closed on
Nov 9, 2011
Sold by
Templeton Jimmy D and Templeton Gwendolyn M
Bought by
Templeton Jimmy Douglas and Jimmy Douglas Templeton Trust

Purchase Details

Closed on
Sep 28, 2010
Sold by
Cortez Miguel Angel and Cortez Maria V
Bought by
Templeton Jimmy D and Templeton Gwendolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2005
Sold by
Rawlins M Duane
Bought by
Cortez Miguel Angel and Cortez Maria V
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
The Shangri La Corporation $237,000 Fidelity Natl Title Co Of Or
Templeton Jimmy Douglas -- None Available
Templeton Jimmy D $190,000 Amerititle
Cortez Miguel Angel $207,500 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Shangri La Corporation $177,750
Previous Owner Templeton Jimmy D $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $237,000 +0.9% $120 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $235,000 -- $119 / 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 -- -- -- --
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $3,142 $0 $0 $0
2016 $2,992 $0 $0 $0
2015 $3,015 $0 $0 $0
2014 $2,900 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 711343

Willamette Valley MLS

APN: 531839