NOT LISTED FOR SALE

Estimated Value: $560,000 - $588,153

0.24 Acre
$2,407,450 Price per Acre
10,404 Sq Ft Lot

Last Sold November 21, 2018

Last sale price $51,500 $19 Per Sq Ft

Est. 1,022% increase in value since last sale

Current estimated payment $3,598/month

19 Days on Market

About This Lot

As of November 2018

Great buy on this .24 acre lot in Morningside Dist. SE Salem. 153 ft frontage on 12th St. Access by Melody Lane on the North end of the parcel. Zoned Single Family Residential. Utilities to the site. Near shopping, schools and transportation.

Last Agent to Sell the Property

Gladys Blum

BLUM REAL ESTATE License #781200091 Listed on: 10/10/2018

Last Buyer's Agent

Francisco Salgado

SOLDERA PROPERTIES INC License #201212435

Property Details

Property Type

  • Land

Lot Details

  • 10,404 Sq Ft Lot
  • Lot Dimensions are 153x68
  • Property is zoned RS

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Morningside Addition Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 10

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Lot (Under 1 Acre)
  • Syndicated Remarks: Great buy on this .24 acre lot in Morningside Dist. SE Salem. 153 ft frontage on 12th St. Access by Melody Lane on the North end of the parcel. Zoned Single Family Residential. Utilities to the site. Near shopping, schools and transportation.
  • Cross Street: Heather Lane SE
  • Special Features: 84
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 214583.33
  • Price Per Sq Ft: 3.55

Exterior Features

  • Access: Paved

Utilities

  • Water: City
  • Cable TV: Available
  • Electricity: Available
  • High Speed Communications: Available
  • Natural Gas: Available
  • Sewer Available: Yes
  • Telephone: Available

Schools

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

Lot Info

  • Acres: 0.24
  • Estimated Lot Dimensions: 153x68
  • Estimated Lot Sq Ft: 10404
  • Lot: 7
  • Lot Type: Dimension Above
  • Price Per Acre: 153750
  • Zoning: RS
  • Approved for Manufactured Home: Unknown
  • Corners: Not Flagged, Platted Subdivision
  • Surveyed: Unknown
  • Geo Subdivision: OR
  • Map Parcel Number: 083W03AA01600

Tax Info

  • Tax Account Number: R82745
  • Tax Amount: 1345

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Lvi Custom Construction Llc
Bought by
Hire Miranda and Atkinson Kyle
Current Estimated Value
$577,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$372,309
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$165,566

Purchase Details

Closed on
Feb 10, 2021
Sold by
Leights Construction Co Llc
Bought by
Lvi Custom Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,700
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 10, 2018
Closed on
Nov 20, 2018
Sold by
The Bank Of New York Mellon
Bought by
Leighs Construction Llc
Seller's Agent
Gladys Blum
BLUM REAL ESTATE
Buyer's Agent
Francisco Salgado
SOLDERA PROPERTIES INC
List Price
$36,900
Sold Price
$51,500
Premium/Discount to List
$14,600
39.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.84%

Purchase Details

Closed on
Aug 21, 2018
Sold by
Myers Jason
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 22, 2018
Sold by
Penaloza Carmen
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 8, 2006
Sold by
Garibay Griselda
Bought by
Penaloza Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 16, 2006
Sold by
Dollarhyde Willis Dewane and Dollarhyde Lois Mae
Bought by
Penaloza Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 23, 2004
Sold by
Dollarhyde Willis Dewane and Dollarhyde Lois Mae
Bought by
Solorio Miguel and Garibay Griselda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,732
Interest Rate
6.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 30, 2003
Sold by
Moore Rosemary
Bought by
Dollarhyde Willis Dewane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,029
Interest Rate
5.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 12, 2002
Sold by
City Of Salem
Bought by
Moore Rosemary and Dsk Irrevocable Trust
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
Hire Miranda $500,000 Fidelity National Title
Lvi Custom Construction $74,500 Fidelity National Title
Leighs Construction Llc $51,500 Ticor Title
The Bank Of New York Mellon -- None Available
The Bank Of New York Mellon $46,200 None Available
Penaloza Carmen -- Amerititle
Penaloza Carmen -- Amerititle
Solorio Miguel $122,732 None Available
Dollarhyde Willis Dewane $86,029 First American
Moore Rosemary $86,029 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hire Miranda $400,000
Previous Owner Lvi Custom Construction $198,700
Previous Owner Penaloza Carmen $148,000
Previous Owner Penaloza Carmen $148,000
Previous Owner Solorio Miguel $122,732
Previous Owner Dollarhyde Willis Dewane $86,029
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2018 11/21/18 Sold $51,500 +39.6% $19 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $36,900 -- $13 / 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 $6,566 $334,420 -- --
2023 $6,372 $324,680 $0 $0
2022 $6,008 $315,230 $0 $0
2021 $1,481 $78,620 $0 $0
2020 $1,340 $70,000 $0 $0
2019 $1,107 $60,000 $0 $0
2018 $1,063 $0 $0 $0
2017 $1,346 $0 $0 $0
2016 $1,056 $0 $0 $0
2015 $858 $0 $0 $0
2014 $1,074 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 740437

Willamette Valley MLS

APN: 582745