NOT LISTED FOR SALE

Estimated Value: $232,000 - $305,000

1 Bed
1.5 Baths
784 Sq Ft
$354/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $249,900 $319 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,615/month

Highlights

  • Spa
  • Wood Flooring
  • Fenced Yard
  • RV Access or Parking
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage

About This Home

As of December 2021

This unique and charming “Tiny” house with a finished attic space is the perfectinvestment property or starter home. House sets back from the street with majesticfruit trees and privacy hedges to give a secluded feel. Located in a quiet and up and coming neighborhood only 7 min from downtown! Large lot with room to build, residential density is soon to expand according to City of Salem. Build your dream home and keep existing house as an ADU. Move in ready/ good bones/ must walk through to appreciate.

Last Agent to Sell the Property

Maria Mendez

BELLA CASA REAL ESTATE GROUP-SILVERTON License #201240079 Listed on: 10/04/2021

Last Buyer's Agent

Ted Morrison

KELLER WILLIAMS CAPITAL CITY License #200604322

KELLER WILLIAMS CAPITAL CITY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced Yard
  • Property is zoned RS

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Security System Owned

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Parking

  • 1 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Shop

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 38 / 4

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: This unique and charming “Tiny” house with a finished attic space is the perfect investment property or starter home. House sets back from the street with majestic fruit trees and privacy hedges to give a secluded feel. Located in a quiet and up and coming neighborhood only 7 min from downtown! Large lot with room to build, residential density is soon to expand according to City of Salem. Build your dream home and keep existing house as an ADU. Move in ready/ good bones/ must walk through to appreciate.
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 1
  • Master Bedroom: Dimensions: 5x8, On Level: 1/Main
  • Additional Room: Dimensions: Attic 19x11, On Level: 2/Upper
  • Living Room: Dimensions: 11x14, On Level: 1/Main
  • Kitchen: Dimensions: 15x9, On Level: 1/Main
  • Source Of Sq Ft: List Broker

Exterior Features

  • Fenced Yard: Yes
  • Foundation: Slab
  • Out Buildings: Separate Shop
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • Swimming Pool: Hot Tub

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Baseboard, Zonal
  • Security System: Owned
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Lot Info

  • Acres: 0.21
  • Estimated Lot Sq Ft: 9148
  • Lot: 38
  • Lot Type: Dimension Above
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2016
Closed on
May 26, 2016
Sold by
Fosse Daniel L
Bought by
Lebanno Shana E
Seller's Agent
Gladys Blum
BLUM REAL ESTATE
Buyer's Agent
Steven Nichols
JOHN L. SCOTT-SALEM
List Price
$109,900
Sold Price
$103,000
Premium/Discount to List
-$6,900
-6.28%
Current Estimated Value
$277,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,193
Avg. Annual Appreciation
10.95%
Original Mortgage
$101,134
Outstanding Balance
$80,080
Interest Rate
3.58%
Mortgage Type
FHA
Estimated Equity
$197,113

Purchase Details

Closed on
Jul 20, 2007
Sold by
Woodland Rodney L and Woodland Roberta C
Bought by
Fosse Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lebanno Shana E $103,000 Fidelity National Title
Fosse Daniel L $99,900 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lebanno Shana E $101,134
Previous Owner Fosse Daniel L $99,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2021 12/14/21 Sold $249,900 -3.8% $319 / Sq Ft
10/30/2021 10/30/21 Price Changed $259,900 -8.8% $332 / Sq Ft
10/12/2021 10/12/21 Price Changed $284,900 -5.0% $363 / Sq Ft
10/04/2021 10/04/21 For Sale $300,000 +191.3% $383 / Sq Ft
05/27/2016 05/27/16 Sold $103,000 -6.3% $149 / Sq Ft View Prior Sale
03/31/2016 03/31/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $109,900 -- $159 / 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
2025 $1,878 $98,540 -- --
2024 $1,878 $95,670 -- --
2023 $1,823 $92,890 $0 $0
2022 $1,719 $90,190 $0 $0
2021 $1,670 $87,570 $0 $0
2020 $3,515 $85,020 $0 $0
2019 $3,392 $82,550 $0 $0
2018 $1,592 $0 $0 $0
2017 $1,437 $0 $0 $0
2016 $1,369 $0 $0 $0
2015 $1,379 $0 $0 $0
2014 $1,335 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 784421

Willamette Valley MLS

APN: 568721