NOT LISTED FOR SALE

Estimated Value: $1,244,000 - $1,549,000

5 Beds
6.5 Baths
9,869 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $1,140,000 $116 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,121/month

297 Days on Market

Highlights

  • Indoor Pool
  • Territorial View
  • Bonus Room
  • 1.04 Acre Lot
  • 2 Fireplaces
  • No HOA

About This Home

As of October 2023

Incredible home built by one of Oregon?s most iconic citizens. One-of-a-kind mid-century estate in coveted South Salem neighborhood. This home exudes charm, is set amongst a picturesque landscape with sunset views. You'll discover character around every corner with an updated kitchen, indoor swimming pool attached to a large family room/full bar/kitchen, primary bedroom with attached library, english pub study, beautiful private patio and courtyard for entertaining. Don?t miss virtual tour!

Last Agent to Sell the Property

ZACH FISCHER

Windermere Mid Valley License #200605003 Listed on: 05/09/2022

Windermere Mid Valley

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,841

Year Built

  • Built in 1955

Lot Details

  • 1.04 Acre Lot
  • Property is zoned RS

Parking

  • 3 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 9,869 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Territorial Views
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Indoor Pool
  • Covered patio or porch

Schools

  • Candalaria Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 570500

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,841

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1955
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Other
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 6.1
  • Fireplaces: 2
  • Interior Amenities: IndoorPool, TileFloor, VinylFloor, WalltoWallCarpet
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Room 5 Description: BonusRoom
  • Room 5 Level: Upper
  • Appliances: Disposal
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 5
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 5.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: Acres1to3
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: CoveredPatio
  • Lot Size: 1 to 2.99 Acres
  • Foundation Details: Other
  • View: Yes
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Other
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: None
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: Baseboard, ForcedAir, Other
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Candalaria
  • High School: South Salem
  • Middle Or Junior School: Leslie

Lot Info

  • Zoning: RS
  • Lot Size Acres: 1.04
  • Lot Size Sq Ft: 45302.0
  • Parcel #: 570500

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 25841.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Oct 31, 2023
Sold by
Gerald W Frank Revocable Living Trust
Bought by
Baja Investment Properties Llc
Seller's Agent
ZACH FISCHER
Windermere Mid Valley
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$1,525,000
Sold Price
$1,140,000
Premium/Discount to List
-$385,000
-25.25%
Total Days on Market
297
Views
796
Current Estimated Value
$1,389,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,726
Avg. Annual Appreciation
13.09%
Original Mortgage
$1,137,500
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 23, 2004
Sold by
Frank Gerald W
Bought by
Frank Gerald W and Gerald W Frank Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$841,016
Interest Rate
5.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 12, 2001
Sold by
Frank Gerald W
Bought by
Frank Gerald W and Gerald W Frank Revocable Living Trust
Source: Public Records

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Range of Values:

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Average Value
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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
Baja Investment Properties Llc $1,140,000 First American Title
Frank Gerald W -- Fat
Frank Gerald W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baja Investment Properties Llc $500,000
Closed Baja Investment Properties Llc $107,000
Closed Baja Investment Properties Llc $100,000
Closed Baja Investment Properties Llc $1,137,500
Previous Owner Frank Gerald W $1,367,080
Previous Owner Frank Gerald W $841,016
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $1,140,000 -24.0% $116 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
10/05/2022 10/05/22 Price Changed $1,499,900 -1.6% $152 / Sq Ft
08/02/2022 08/02/22 Price Changed $1,525,000 0.0% $155 / Sq Ft
08/02/2022 08/02/22 For Sale $1,525,000 -4.7% $155 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $1,600,000 -- $162 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $28,199 $1,436,230 -- --
2023 $27,368 $1,394,400 $0 $0
2022 $25,804 $1,353,790 $0 $0
2021 $25,066 $1,314,360 $0 $0
2020 $23,698 $1,276,080 $0 $0
2019 $21,051 $1,140,790 $0 $0
2018 $20,367 $0 $0 $0
2017 $22,787 $0 $0 $0
2016 $21,564 $0 $0 $0
2015 $20,611 $0 $0 $0
2014 $19,526 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22188835

Regional Multiple Listing Service (RMLS)

APN: 570500