NOT LISTED FOR SALE

2975 Island View Dr NE Salem, OR 97303

Estimated Value: $488,000 - $755,000

3 Beds
1.5 Baths
1,786 Sq Ft
$351/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $282,000 $158 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,935/month

62 Days on Market

Highlights

  • RV Access or Parking
  • 0.52 Acre Lot
  • Recreation Room
  • Waterfront
  • Family Room with Fireplace
  • Territorial View

About This Home

As of May 2014

Majestic Willamette River setting with great views from formal dining room, kitchen & family room/sun room. Home has been tastefully remodeled throughout with features such as; glowing wood floors, updated kitchen cabinets and counters in the kitchen and much more. Enjoy the serenity, wildlife, water from the half acre lot with multiple patios for entertaining.

Last Agent to Sell the Property

Rick Maurmann

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #880500125 Listed on: 02/26/2014

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

Matt Mahoney

HOMESTAR BROKERS License #200601286

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,247

Year Built

  • Built in 1957

Lot Details

  • 0.52 Acre Lot
  • Waterfront
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot
  • Property is zoned RS

Home Design

  • Composition Roof

Interior Spaces

  • 1,786 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Recreation Room
  • First Floor Utility Room
  • Territorial Views
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Shed

Utilities

  • Floor Furnace

Listing and Financial Details

  • Legal Lot and Block 10 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,247

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Range Included
  • Syndicated Remarks: Majestic Willamette River setting with great views from formal dining room, kitchen & family room/sun room. Home has been tastefully remodeled throughout with features such as; glowing wood floors, updated kitchen cabinets and counters in the kitchen and much more. Enjoy the serenity, wildlife, water from the half acre lot with multiple patios for entertaining.
  • Cross Street: Riviera
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Living Room, Family Room
  • Flooring: Carpet, Wood
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 13.8x10, On Level: 1/Main
  • Bedroom 2: Dimensions: 13x10.2, On Level: 1/Main
  • Bedroom 3: Dimensions: 12.1x10.4, On Level: 1/Main
  • Dining Room: Dimensions: 9.6x8.11, On Level: 1/Main
  • Family Room: Dimensions: 15.4x13.5, On Level: 1/Main
  • Living Room: Dimensions: 21.8x15.2, On Level: 1/Main
  • Kitchen: Dimensions: 8.11x8.11, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Rec Room
  • Price Per Sq Ft: 157.89
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 161.81

Exterior Features

  • Patio: Patio
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • View: Territorial, Water Frontage

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Floor Furnace
  • High Speed Comm Access: Unknown
  • Water: Connected, City

Lot Info

  • Acres: 0.52
  • Estimated Lot Sq Ft: 22651
  • Lot: 10
  • Lot Type: Irregular
  • Price Per Acre: 555769.23
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2013
  • Tax Account Number: R84247
  • Tax Amount: 5247

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2014
Closed on
May 8, 2014
Sold by
Brown Katie and Wimmer Katie
Bought by
Pel Sotheary
Seller's Agent
Rick Maurmann
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Matt Mahoney
HOMESTAR BROKERS
List Price
$299,000
Sold Price
$282,000
Premium/Discount to List
-$17,000
-5.69%
Current Estimated Value
$626,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,184
Avg. Annual Appreciation
6.42%
Original Mortgage
$267,900
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 2013
Sold by
The Allen L Farnum Trust
Bought by
Brown Katie

Purchase Details

Closed on
Mar 29, 1994
Sold by
Farnum Allen L
Bought by
Farnum Allen L and The Allen L Farnum Trust
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
Pel Sotheary $282,000 Ticor Title
Brown Katie $235,001 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pel Sotheary $267,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $282,000 -5.7% $158 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
02/26/2014 02/26/14 For Sale $299,000 -- $167 / 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 $7,377 $375,740 -- --
2023 $7,160 $364,800 $0 $0
2022 $6,751 $354,180 $0 $0
2021 $6,558 $343,870 $0 $0
2020 $6,367 $333,860 $0 $0
2019 $6,143 $324,140 $0 $0
2018 $6,252 $0 $0 $0
2017 $5,642 $0 $0 $0
2016 $5,374 $0 $0 $0
2015 $5,415 $0 $0 $0
2014 $5,240 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Maurmann

    Seller's Agent in 2014

    Rick Maurmann

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    11 in this area

    99 Total Sales

    Rick Maurmann
    Section Image
  • Matt Mahoney

    Buyer's Agent in 2014

    Matt Mahoney

    HOMESTAR BROKERS

    (503) 428-3084

    16 in this area

    175 Total Sales

    Matt Mahoney
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 673580

Willamette Valley MLS

APN: 584247

Oregon Marion County Salem 97303

2975 Island View Dr NE, Salem, OR

This home is located at 2975 Island View Dr NE, Salem, OR 97303 since 26 February 2014 and is currently estimated at $626,184, approximately $350 per square foot. This property was built in 1957. 2975 Island View Dr NE is a home located in Marion County with nearby schools including Highland Elementary School, Parrish Middle School, and North 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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