NOT LISTED FOR SALE

2875 Spring Hollow Ln S Salem, OR 97302

Croisan-Illahe Neighborhood

Estimated Value: $965,248

4 Beds
2.5 Baths
3,790 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $845,000 $223 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,564/month

4 Days on Market

Highlights

  • Spa
  • Mountain View
  • Covered Deck
  • 2.01 Acre Lot
  • 2 Car Attached Garage
  • Landscaped

About This Home

As of June 2021

Stunning views grace this exceptional home, custom built to highlight the mountain views. Exquisite Owner's ensuite includes private covered deck with hottub & Mnt view, custom designed closet and bath, gourmet kitchen with Vulcan commercial gas range, second kitchen on lower level for ease of possible dual living, 2 H2O heaters, whole home water filtration, massive storage, brand new 40x60 shop with 3 11x14 doors and 20 x 40 loft, all on 2 acres in a most desirable South neighborhood.

Last Agent to Sell the Property

Stacy Cardoza

REAL BROKER License #960700141 Listed on: 04/23/2021

REAL BROKER

Co-Listed By

CARRIE-ANN JOHNSON

REAL BROKER License #201227229

Last Buyer's Agent

Chris Salaz

SMI REAL ESTATE License #201214894

SMI REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,277

Year Built

  • Built in 1997

Lot Details

  • 2.01 Acre Lot
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 3,790 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Mountain Views
  • Finished Basement

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Spa
  • Covered Deck
  • Shop

Utilities

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

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,277

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Dual Living: Possible
  • Range Facility: Gas
  • Syndicated Remarks: Stunning views grace this exceptional home, custom built to highlight the mountain views. Exquisite Owner's ensuite includes private covered deck with hottub & Mnt view, custom designed closet and bath, gourmet kitchen with Vulcan commercial gas range, second kitchen on lower level for ease of possible dual living, 2 H2O heaters, whole home water filtration, massive storage, brand new 40x60 shop with 3 11x14 doors and 20 x 40 loft, all on 2 acres in a most desirable South neighborhood.
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Laminate
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 1.5
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Basement: Finished
  • Price Per Sq Ft: 222.96
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 224.27

Exterior Features

  • Patio: Covered Deck
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Separate Shop
  • Roof: Composition
  • Siding Style: Lap
  • Swimming Pool: Hot Tub
  • View: Mountain

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Forced Air, Gas
  • High Speed Comm Access: Present
  • Water: Well
  • Water Heater: Gas

Schools

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

Lot Info

  • Acres: 2.01
  • Estimated Lot Sq Ft: 87556
  • Lot: 3
  • Lot Type: Dimension Above
  • Price Per Acre: 422885.57
  • Rv Amenities: Pad
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 20-21
  • Tax Account Number: R56044
  • Tax Amount: 4277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Nelson Brian Ralph and Nelson Anne Elizabeth
Bought by
Nelson Living Trust and Nelson
Current Estimated Value
$965,248

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 22, 2021
Sold by
Whitmire Desiree
Bought by
Nelson Brian Ralph and Nelson Anne Elizabeth
Seller's Agent
Stacy Cardoza
REAL BROKER
Buyer's Agent
Chris Salaz
SMI REAL ESTATE
List Price
$850,000
Sold Price
$845,000
Premium/Discount to List
-$5,000
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2012
Closed on
Feb 1, 2013
Sold by
Bank Of New York Mellon
Bought by
Whitmire Desiree
Seller's Agent
Pam McColly
WINDERMERE PACIFIC WEST PROP
List Price
$344,000
Sold Price
$301,000
Premium/Discount to List
-$43,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$295,548
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 2012
Sold by
Hoiland Stephen A
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 15, 2006
Sold by
Hoiland Jenny C
Bought by
Hoiland Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nelson Living Trust -- None Listed On Document
Nelson Brian Ralph $845,000 Ticor Title Company Of Or
Whitmire Desiree $301,000 Fidelity Natl Title Co Of Or
The Bank Of New York Mellon $340,000 Nextitle
Hoiland Stephen -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Brian Ralph $548,250
Previous Owner Whitmire Desiree $295,548
Previous Owner Hoiland Stephen $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $845,000 -0.6% $223 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $850,000 +182.4% $224 / Sq Ft
03/15/2013 03/15/13 Sold $301,000 -12.5% $79 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
11/21/2012 11/21/12 For Sale $344,000 -- $91 / 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 $5,347 $421,340 -- --
2023 $5,219 $409,070 $0 $0
2022 $4,937 $397,160 $0 $0
2021 $4,664 $373,970 $0 $0
2020 $4,186 $331,920 $0 $0
2019 $4,039 $322,260 $0 $0
2018 $4,069 $0 $0 $0
2017 $3,565 $0 $0 $0
2016 $3,402 $0 $0 $0
2015 $3,496 $0 $0 $0
2014 $3,342 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stacy Cardoza

    Seller's Agent in 2021

    Stacy Cardoza

    REAL BROKER

    (503) 508-7345

    1 in this area

    75 Total Sales

    Stacy Cardoza
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    CARRIE-ANN JOHNSON

    REAL BROKER

    (971) 241-5504

    1 in this area

    23 Total Sales

    CARRIE-ANN JOHNSON
    Section Image
  • Chris Salaz

    Buyer's Agent in 2021

    Chris Salaz

    SMI REAL ESTATE

    (503) 871-0288

    1 in this area

    23 Total Sales

    Chris Salaz
    Section Image
  • Pam McColly

    Seller's Agent in 2013

    Pam McColly

    WINDERMERE PACIFIC WEST PROP

    (503) 871-0714

    1 in this area

    54 Total Sales

    Pam McColly
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 776430

Willamette Valley MLS

APN: 556044

Oregon Marion County Salem 97302 Croisan-Illahe

2875 Spring Hollow Ln S, Salem, OR

This home is located at 2875 Spring Hollow Ln S, Salem, OR 97302 since 23 April 2021 and is currently priced at $965,248, approximately $254 per square foot. This property was built in 1997. 2875 Spring Hollow Ln S is a home located in Marion County with nearby schools including Schirle Elementary School, Crossler Middle School, and Sprague 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

Nearby Homes