NOT LISTED FOR SALE

2877 Monterey Ct SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $518,000 - $553,000

4 Beds
2 Baths
2,005 Sq Ft
$267/Sq Ft Est. Value

Last Sold October 09, 2012

Last sale price $227,000 $113 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,321/month

153 Days on Market

Highlights

  • Covered Deck
  • Territorial View
  • First Floor Utility Room
  • Family Room with Fireplace
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of October 2012

This home is located at 2877 Monterey Ct SE, Salem, OR 97306 since 09 May 2012 and is currently estimated at $535,650, approximately $267 per square foot. This property was built in 1997. 2877 Monterey Ct SE is a home located in Marion County with nearby schools including Lee Elementary School, Judson Middle School, and South Salem High School.

Last Agent to Sell the Property

Bob Knight Princ. Broker

JOHN L. SCOTT-SALEM License #931100149 Listed on: 05/09/2012

JOHN L. SCOTT-SALEM

Last Buyer's Agent

LINDA TIPTON

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #911000064

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,746

Year Built

  • Built in 1997

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Lap Siding

Interior Spaces

  • 2,005 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • First Floor Utility Room
  • Territorial Views
  • Security System Owned

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Patio

Utilities

  • Heat Pump System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 142

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,746

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Gas
  • Syndicated Remarks: A beautiful home located in a new development in wonderful South Salem. Home is immaculate with many amenities including well manicured yards, front and back. French doors open up extra bedroom now used as hobby room. Hardwood floors, separate DR & kitchen with new EOS countertops. Well positioned trex decks grace the exterior. Owner is retired and would prefer to live on the East coast. One of a kind. A must see! Drip irrigation (front & back). Eves are all covered.
  • Cross Street: Catalina
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room, Gas
  • Negotiable Inclusions: All appl incl dw,frig,wdw cvrs,w/d,micro,range
  • Flooring: Carpet, Wood, Tile, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 4
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Bedroom 4: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 113.22
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 114.66

Exterior Features

  • Patio: Covered Deck, Deck, Patio
  • Exterior Color: Brown
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Shingle
  • Siding: Fiber Cement
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Heat Pump
  • High Speed Comm Access: Available
  • Security System: Owned
  • Water: City
  • Water Heater: Gas

Condo/Co-op/Association

  • Homeowners Assn: Association With Fee

Schools

  • Middle School: Leslie
  • High School: Sprague

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7405
  • Lot: 142
  • Lot Type: Irregular
  • Price Per Acre: 1352352.94
  • Underground Sprinklers: Refer To Remarks
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2011
  • Tax Account Number: R94187
  • Tax Amount: 3746

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2012
Closed on
Oct 4, 2012
Sold by
Shepherd Patricia A
Bought by
Frankel Raymond A and Frankel Elizabeth F
Seller's Agent
Bob Knight Princ. Broker
JOHN L. SCOTT-SALEM
Buyer's Agent
LINDA TIPTON
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$233,900
Sold Price
$227,000
Premium/Discount to List
-$6,900
-2.95%
Current Estimated Value
$535,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,650
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
May 7, 2002
Sold by
Shepherd Patricia A and Shepherd Elizabeth C
Bought by
Shepherd Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,118
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2002
Sold by
Shepherd Patricia A
Bought by
Shepherd Patricia A and Shepherd Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,118
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Frankel Raymond A $227,000 Ticor Title
Shepherd Patricia A -- Fidelity National Title Co
Shepherd Patricia A -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shepherd Patricia A $78,118
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2012 10/09/12 Sold $227,000 -2.9% $113 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $233,900 -- $117 / 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 $5,644 $287,450 -- --
2023 $5,477 $279,080 $0 $0
2022 $5,165 $270,960 $0 $0
2021 $5,017 $263,070 $0 $0
2020 $4,871 $255,410 $0 $0
2019 $4,700 $247,980 $0 $0
2018 $4,783 $0 $0 $0
2017 $4,317 $0 $0 $0
2016 $4,112 $0 $0 $0
2015 $4,143 $0 $0 $0
2014 $3,917 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bob Knight Princ. Broker

    JOHN L. SCOTT-SALEM

    Section Image
  • LINDA TIPTON

    Buyer's Agent in 2012

    LINDA TIPTON

    BHHS Oregon- Professionals

    (503) 559-5167

    27 in this area

    144 Total Sales

    LINDA TIPTON
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 652163

Willamette Valley MLS

APN: 594187

Oregon Marion County Salem 97306 South Gateway

2877 Monterey Ct SE, Salem, OR

This home is located at 2877 Monterey Ct SE, Salem, OR 97306 since 09 May 2012 and is currently estimated at $535,650, approximately $267 per square foot. This property was built in 1997. 2877 Monterey Ct SE is a home located in Marion County with nearby schools including Lee Elementary School, Judson 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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