NOT LISTED FOR SALE

2925 Summer St SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $376,000 - $411,000

3 Beds
2 Baths
1,245 Sq Ft
$315/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $251,000 $202 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,362/month

Highlights

  • Deck
  • Fenced Yard
  • 1-Story Property
  • Wood Burning Stove
  • 2 Car Attached Garage
  • 5-minute walk to Clark Creek Park

About This Home

As of February 2020

Investment property. 3 bedroom 2 bath home in established South Salem Neighborhood. This property being sold by the State of Oregon for the benefit of the Common School Fund in AS Is Condition.

Last Agent to Sell the Property

PAM GREGORY

HOMESMART REALTY GROUP License #201213369 Listed on: 01/17/2020

HOMESMART REALTY GROUP

Last Buyer's Agent

KOLI CUTLER

REALTY ONE GROUP WILLAMETTE VALLEY License #201217499

REALTY ONE GROUP WILLAMETTE VALLEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,912

Year Built

  • Built in 1971

Lot Details

  • 7,728 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 1,245 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Deck
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 60

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,912

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Investment property. 3 bedroom 2 bath home in established South Salem Neighborhood. This property being sold by the State of Oregon for the benefit of the Common School Fund in AS Is Condition.
  • Cross Street: Fairview
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Wood Burning Stove: Certification Unknown
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • 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
  • Dining Room: On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 201.61
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 204.82

Exterior Features

  • Patio: Deck
  • Exterior Color: Gray
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Vinyl
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

  • Elementary School: McKinley
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.18
  • Estimated Lot Sq Ft: 7728
  • Lot: 60
  • Price Per Acre: 1416666.67
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R91508
  • Tax Years: 2019
  • Tax Account Number: R91508
  • Tax Amount: 2912

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 13, 2020
Sold by
Ciobanu Claudia
Bought by
Keller Mark Patterson and Keller Pamela Lee
Seller's Agent
PAM GREGORY
HOMESMART REALTY GROUP
Buyer's Agent
KOLI CUTLER
REALTY ONE GROUP WILLAMETTE VALLEY
List Price
$255,000
Sold Price
$251,000
Premium/Discount to List
-$4,000
-1.57%
Current Estimated Value
$392,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,115
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Feb 19, 2008
Sold by
Vanderburg Frank and Vanderburg Judith J
Bought by
Jones Vayanne Maree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Keller Mark Patterson $251,000 Fidelity National Title
Jones Vayanne Maree $166,700 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Vayanne Maree $146,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $251,000 -1.6% $202 / Sq Ft
01/17/2020 01/17/20 For Sale $255,000 -- $205 / 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 $3,392 $172,770 -- --
2023 $3,292 $167,740 $0 $0
2022 $3,104 $162,860 $0 $0
2021 $3,016 $158,120 $0 $0
2020 $2,928 $153,520 $0 $0
2019 $2,825 $149,050 $0 $0
2018 $2,875 $0 $0 $0
2017 $2,595 $0 $0 $0
2016 $2,471 $0 $0 $0
2015 $2,490 $0 $0 $0
2014 $2,410 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • PAM GREGORY

    Seller's Agent in 2020

    PAM GREGORY

    HOMESMART REALTY GROUP

    (503) 580-7381

    19 Total Sales

    PAM GREGORY
    Section Image
  • KOLI CUTLER

    Buyer's Agent in 2020

    KOLI CUTLER

    REALTY ONE GROUP WILLAMETTE VALLEY

    (503) 747-8232

    34 Total Sales

    KOLI CUTLER
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 759191

Willamette Valley MLS

APN: 591508

Oregon Marion County Salem 97302 South Central

2925 Summer St SE, Salem, OR

This home is located at 2925 Summer St SE, Salem, OR 97302 since 17 January 2020 and is currently estimated at $392,115, approximately $314 per square foot. This property was built in 1971. 2925 Summer 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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