NOT LISTED FOR SALE

2861 Butterfly Ave NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $597,962 - $652,000

3 Beds
2 Baths
2,224 Sq Ft
$284/Sq Ft Est. Value

Last Sold January 11, 2016

Last sale price $320,000 $144 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,927/month

173 Days on Market

Highlights

  • Newly Remodeled
  • Territorial View
  • Main Floor Primary Bedroom
  • Living Room with Fireplace
  • Wood Flooring
  • First Floor Utility Room

About This Home

As of January 2016

Beautiful new construction built by Dynamic Homes (CCB 167003). This wonderful home has 3 bedrooms, 2 bathrooms and a large bonus room. Hardwood floors lead to the open great room with a kitchen made for entertaining! The spacious kitchen has custom maple cabinets with quarts countertops and stainless appliances. The master bathroom has tile floors, quartz countertops and a separate jetted tub. Tile floors in the additional bathroom with a quartz countertop on the custom cabinets. This home is a must visit!

Last Agent to Sell the Property

Jim Sparkman

HOMESMART REALTY GROUP License #200505018 Listed on: 06/11/2015

HOMESMART REALTY GROUP

Last Buyer's Agent

Bob Shackelford

HOMESMART REALTY GROUP - KEIZER License #200904089

HOMESMART REALTY GROUP - KEIZER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,012

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 8,400 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,224 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 257

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,012

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1.5 Story
  • New Construction: Yes
  • Range Facility: Gas, Built-In
  • Syndicated Remarks: Beautiful new construction built by Dynamic Homes (CCB 167003). This wonderful home has 3 bedrooms, 2 bathrooms and a large bonus room. Hardwood floors lead to the open great room with a kitchen made for entertaining! The spacious kitchen has custom maple cabinets with quarts countertops and stainless appliances. The master bathroom has tile floors, quartz countertops and a separate jetted tub. Tile floors in the additional bathroom with a quartz countertop on the custom cabinets. This home is a must visit!
  • Cross Street: Rainsong
  • Year Built: 2015
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Gas
  • Flooring: Carpet, Wood
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Additional Room: On Level: 2/Upper
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 143.88
  • Source Of Sq Ft: Fee
  • Price Per Sq Ft: 146.09

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Present
  • Water: Connected, City

Condo/Co-op/Association

  • Homeowners Assn: Association With Fee

Schools

  • Elementary School: Kalapuya
  • Middle School: Straub
  • High School: West Salem

Lot Info

  • Acres: 0.19
  • Estimated Lot Sq Ft: 8400
  • Lot: 257
  • Price Per Acre: 1710000
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2014
  • Tax Account Number: 572094
  • Tax Amount: 1012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2015
Closed on
Jan 8, 2016
Sold by
Green Jeffrey S
Bought by
Rabe Michael S and Rabe Heidi M
Seller's Agent
Jim Sparkman
HOMESMART REALTY GROUP
Buyer's Agent
Bob Shackelford
HOMESMART REALTY GROUP - KEIZER
List Price
$344,900
Sold Price
$320,000
Premium/Discount to List
-$24,900
-7.22%
Current Estimated Value
$631,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,741
Avg. Annual Appreciation
7.27%
Original Mortgage
$160,000
Outstanding Balance
$128,102
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$503,309

Purchase Details

Closed on
Jan 13, 2015
Sold by
Stephanie Fry Inc
Bought by
Dynamic Homes and Green

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3.76%
Mortgage Type
Construction
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
Rabe Michael S $320,000 Amerititle
Dynamic Homes -- Am
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabe Michael S $160,000
Previous Owner Green Jeffrey S $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2016 01/11/16 Sold $320,000 -7.2% $144 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $344,900 -- $155 / 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 $6,730 $367,840 $101,760 $266,080
2024 $6,730 $357,130 $98,790 $258,340
2023 $6,535 $346,730 $95,910 $250,820
2022 $6,326 $336,640 $93,120 $243,520
2021 $6,145 $326,840 $90,410 $236,430
2020 $5,963 $317,330 $87,770 $229,560
2019 $5,755 $308,090 $85,210 $222,880
2018 $5,659 $299,120 $82,730 $216,390
2017 $5,100 $290,410 $80,320 $210,090
2016 $4,978 $281,960 $77,980 $203,980
2015 $1,134 $65,000 $65,000 $0
2014 $1,013 $56,650 $56,650 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Sparkman

    Seller's Agent in 2016

    Jim Sparkman

    HOMESMART REALTY GROUP

    (503) 910-8414

    9 in this area

    71 Total Sales

    Jim Sparkman
    Section Image
  • Bob Shackelford

    Buyer's Agent in 2016

    Bob Shackelford

    HOMESMART REALTY GROUP - KEIZER

    (503) 983-4086

    6 in this area

    61 Total Sales

    Bob Shackelford
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 691495

Willamette Valley MLS

APN: 572094

Oregon Polk County Salem 97304 West Salem

2861 Butterfly Ave NW, Salem, OR

This home is located at 2861 Butterfly Ave NW, Salem, OR 97304 since 11 June 2015 and is currently estimated at $631,741, approximately $284 per square foot. This property was built in 2015. 2861 Butterfly Ave NW is a home located in Polk County with nearby schools including Kalapuya Elementary School, Straub 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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