$88,000
SOLD APR 20, 2012

2925 Cottage St SE Salem, OR 97302

South Central Neighborhood
3 Beds
2 Baths
1,460 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

11% Below List Price

91 Days on Market

Highlights

  • Living Room with Fireplace
  • 1 Car Attached Garage
  • 2-minute walk to Clark Creek Park
  • Wood Flooring
  • 1-Story Property

About This Home

As of August 2014

This home is located at 2925 Cottage St SE, Salem, OR 97302 and is currently priced at $88,000, approximately $60 per square foot. This property was built in 1954. 2925 Cottage St SE is a home located in Marion County with nearby schools including McKinley Elementary School, Leslie Middle School, and South Salem High School.

Last Agent to Sell the Property

Rhonda Laughlin

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #200402196 Listed on: 01/20/2012

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

Natalie Brown

EPIQUE REALTY License #201245399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1954

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned RS

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,460 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 3 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,197

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: Bring your tools and paint!! This great home needs lots of TLC but there is potential. This home needs new roof, bathroom work, & furnace work & may qualify for 203K Rehab Loan.
  • Cross Street: Fairview/ Vista
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Living Room, Wood
  • Flooring: Wood
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Price Per Sq Ft: 60.27
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 67.81

Exterior Features

  • Exterior Color: White
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Oil
  • Water: City

Lot Info

  • Acres: 0.14
  • Estimated Lot Sq Ft: 6098
  • Lot: 3
  • Price Per Acre: 707142.86
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 10-11
  • Tax Account Number: R76363
  • Tax Amount: 2197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2014
Closed on
Aug 6, 2014
Sold by
Vanzante Nicholas
Bought by
Hogue Jake J and Hogue Christina W
Buyer's Agent
Dana Burk
KELLER WILLIAMS CAPITAL CITY
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$422,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,796
Avg. Annual Appreciation
7.58%
Original Mortgage
$180,500
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2012
Closed on
Oct 12, 2012
Sold by
Mahoney Matt
Bought by
Vanzante Nicholas
Seller's Agent
Matt Mahoney
HOMESTAR BROKERS
Buyer's Agent
Matt Mahoney
HOMESTAR BROKERS
List Price
$179,900
Sold Price
$157,750
Premium/Discount to List
-$22,150
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Original Mortgage
$154,891
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 20, 2012
Closed on
Mar 16, 2012
Sold by
Secrest Zachary A
Bought by
Mahoney Matt
Seller's Agent
Rhonda Laughlin
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Natalie Brown
EPIQUE REALTY
List Price
$99,000
Sold Price
$88,000
Premium/Discount to List
-$11,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
229.09%
Original Mortgage
$123,000
Interest Rate
3.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $190,000 Amerititle
Warranty Deed $157,750 Amerititle
Warranty Deed $88,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $169,600 New Conventional
Closed $180,500 New Conventional
Previous Owner $154,891 FHA
Previous Owner $123,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2014 08/19/14 Sold $190,000 0.0% $130 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $190,000 +20.4% $130 / Sq Ft
10/16/2012 10/16/12 Sold $157,750 -12.3% $108 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
06/22/2012 06/22/12 For Sale $179,900 +104.4% $123 / Sq Ft
04/20/2012 04/20/12 Sold $88,000 -11.1% $60 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $99,000 -- $68 / 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 $3,890 $198,130 -- --
2023 $3,775 $192,360 $0 $0
2022 $3,560 $186,760 $0 $0
2021 $3,458 $181,330 $0 $0
2020 $3,357 $176,050 $0 $0
2019 $3,239 $170,930 $0 $0
2018 $3,297 $0 $0 $0
2017 $2,976 $0 $0 $0
2016 $2,834 $0 $0 $0
2015 $2,856 $0 $0 $0
2014 $2,764 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Burk

    Buyer's Agent in 2014

    Dana Burk

    KELLER WILLIAMS CAPITAL CITY

    (503) 409-5861

    2 in this area

    100 Total Sales

    Dana Burk
    Section Image
  • Matt Mahoney

    Seller's Agent in 2012

    Matt Mahoney

    HOMESTAR BROKERS

    (503) 428-3084

    2 in this area

    179 Total Sales

    Matt Mahoney
    Section Image
  • Rhonda Laughlin

    Seller's Agent in 2012

    Rhonda Laughlin

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 851-1299

    2 in this area

    56 Total Sales

    Rhonda Laughlin
    Section Image
  • Natalie Brown

    Buyer's Agent in 2012

    Natalie Brown

    EPIQUE REALTY

    (541) 971-1196

    100 Total Sales

    Natalie Brown
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 648457

Willamette Valley MLS

APN: 576363

Oregon Marion County Salem 97302 South Central

2925 Cottage St SE, Salem, OR

This home is located at 2925 Cottage St SE, Salem, OR 97302 and is currently priced at $88,000, approximately $60 per square foot. This property was built in 1954. 2925 Cottage St SE is a home located in Marion County with nearby schools including McKinley Elementary School, Leslie 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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