NOT LISTED FOR SALE

345 Forest Hills Way NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $462,000 - $640,000

4 Beds
3 Baths
2,940 Sq Ft
$194/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $570,000 $194 Per Sq Ft

Current estimated payment $3,500/month

About This Home

As of August 2022

This very spacious home has been restored with countless upgrades including Carpet, L.V.P. Flooring, Paint, Light Fixtures, wall finishes, cabinet doors and so much more. Main Level Primary Bedroom, Formal Dining Room, 2 wood burning fireplaces, abundant storage and built in book cases, greenhouse and attached atrium. Very convenient, close in and established neighborhood.

Last Agent to Sell the Property

Eric Larson

HomeStar Brokers License #890600137 Listed on: 07/27/2022

Last Buyer's Agent

Laura Gillott

Keller Williams Realty Mid-Willamette License #920300248

Keller Williams Realty Mid-Willamette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,569

Year Built

  • Built in 1952

Lot Details

  • 0.47

Parking

  • 2

Home Design

  • Lap Siding
  • Cement Siding

Additional Features

  • 2-Story Property
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,569

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 2 Story
  • Sq Ft Calculated: 1680
  • Sq Ft Approximate Total: 2940
  • Stories: 2
  • Year Built: 1952
  • Property Condition: Resale
  • Remarks Public: This very spacious home has been restored with countless upgrades including Carpet, L.V.P. Flooring, Paint, Light Fixtures, wall finishes, cabinet doors and so much more. Main Level Primary Bedroom, Formal Dining Room, 2 wood burning fireplaces, abundant storage and built in book cases, greenhouse and attached atrium. Very convenient, close in and established neighborhood.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Rooms: 4th Bedroom
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 3.0
  • Sq Ft Lower Level: 1260
  • Sq Ft Main Level: 1680
  • Bedrooms: 4
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Lower
  • Full Bathrooms: 3
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: 4th Bedroom,On Level: Lower
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 3

Exterior Features

  • Exterior Description: Lap Siding, Cement Siding
  • Lot Size: 20K-.99AC
  • Additional Structure Supplement: No

Garage/Parking

  • Garage Or Parking Spaces: 2

Utilities

  • Fuel Description: Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Kalapuya
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 0.47
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 5085.47
  • Assessor Parcel Number: 262448
  • Tax Year: 2021

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Kalapuya
  • High School: West Salem
  • Middle School: Walker

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Jul 25, 2022
Sold by
Herman Peter S
Bought by
Newell Diana and Veloz Jenna
Seller's Agent
Eric Larson
HomeStar Brokers
Buyer's Agent
Laura Gillott
Keller Williams Realty Mid-Willamette
List Price
$559,000
Sold Price
$570,000
Premium/Discount to List
$11,000
1.97%
Current Estimated Value
$570,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297
Avg. Annual Appreciation
0.02%
Original Mortgage
$307,500
Outstanding Balance
$293,659
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$276,638
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
Newell Diana $570,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newell Diana $307,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2022 08/23/22 Sold $570,000 0.0% $194 / Sq Ft
08/23/2022 08/23/22 Sold $570,000 +2.0% $194 / Sq Ft View Prior Sale
08/01/2022 08/01/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $559,000 0.0% $190 / Sq Ft
07/07/2022 07/07/22 For Sale $559,000 -- $190 / 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
2025 $5,569 $304,400 $69,550 $234,850
2024 $5,569 $295,540 $67,530 $228,010
2023 $5,408 $286,940 $65,570 $221,370
2022 $5,235 $278,590 $63,660 $214,930
2021 $5,085 $270,480 $61,810 $208,670
2020 $4,935 $262,610 $60,010 $202,600
2019 $4,762 $254,970 $58,260 $196,710
2018 $4,683 $247,550 $56,560 $190,990
2017 $4,221 $240,340 $54,920 $185,420
2016 $4,120 $233,340 $53,320 $180,020
2015 $4,155 $226,550 $51,770 $174,780
2014 $3,970 $219,960 $50,260 $169,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22616630

Regional Multiple Listing Service (RMLS)

APN: 262448