NOT LISTED FOR SALE

345 Luther St S Salem, OR 97302

South Central Neighborhood

Estimated Value: $530,495 - $611,000

3 Beds
2 Baths
1,840 Sq Ft
$304/Sq Ft Est. Value

Last Sold October 04, 2016

Last sale price $344,000 $187 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,519/month

4 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Fenced Yard
  • Living Room with Fireplace
  • First Floor Utility Room
  • 1 Car Detached Garage

About This Home

As of October 2016

Heart of Fairmount Hill. SINGLE LEVEL. Updated with great views and loads of character! Lovely landscaping and detached garage with alley access. Updated fantastic kitchen and master. Large family room with wood floors and lots of windows. Great appeal of this home is that it has charm but the attributes of a newer home as well! Stylish throughout. You will love it!

Last Agent to Sell the Property

Jennifer Larson

HOMESTAR BROKERS License #930500249 Listed on: 08/31/2016

Last Buyer's Agent

Peggy LeGrande

PEGGY LEGRANDE REAL ESTATE License #930200044

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,679

Year Built

  • Built in 1940

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned RS

Parking

  • 1 Car Detached Garage

Property Views

  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • First Floor Utility Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 5 / 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,679

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Heart of Fairmount Hill. SINGLE LEVEL. Updated with great views and loads of character! Lovely landscaping and detached garage with alley access. Updated fantastic kitchen and master. Large family room with wood floors and lots of windows. Great appeal of this home is that it has charm but the attributes of a newer home as well! Stylish throughout. You will love it!
  • Cross Street: Fairmount/Fir
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room
  • Flooring: Wood, Tile
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 186.96
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 195.65

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Mountain, Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Forced Air
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Gas

Schools

  • High School: South Salem

Lot Info

  • Acres: 0.11
  • Estimated Lot Sq Ft: 5000
  • Lot: 5
  • Lot Type: Dimension Above
  • Price Per Acre: 3272727.27
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2015
  • Tax Account Number: R73383
  • Tax Amount: 4679

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Sep 6, 2016
Sold by
Wilks Jerome W and Wilks Georgia L
Bought by
Hingston George A and Mcwiggins Kathleen
Seller's Agent
Jennifer Larson
HOMESTAR BROKERS
Buyer's Agent
Peggy LeGrande
PEGGY LEGRANDE REAL ESTATE
List Price
$360,000
Sold Price
$344,000
Premium/Discount to List
-$16,000
-4.44%
Current Estimated Value
$558,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,874
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Aug 6, 2007
Sold by
Hamm Jeffrey T and Hamm Diane Johnston
Bought by
Wilks Jerome W and Wilks Georgia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Hingston George A $344,000 Fatco
Wilks Jerome W $320,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilks Jerome W $252,000
Previous Owner Wilks Jerome W $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2016 10/04/16 Sold $344,000 -4.4% $187 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $360,000 -- $196 / 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 $6,497 $330,890 -- --
2023 $6,305 $321,260 $0 $0
2022 $5,945 $311,910 $0 $0
2021 $5,775 $302,830 $0 $0
2020 $5,607 $294,010 $0 $0
2019 $5,410 $285,450 $0 $0
2018 $5,505 $0 $0 $0
2017 $4,969 $0 $0 $0
2016 $4,733 $0 $0 $0
2015 $4,769 $0 $0 $0
2014 $4,615 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Larson

    Seller's Agent in 2016

    Jennifer Larson

    HOMESTAR BROKERS

    (503) 999-1516

    9 in this area

    103 Total Sales

    Jennifer Larson
    Section Image

  • P

    Buyer's Agent in 2016

    Peggy LeGrande

    PEGGY LEGRANDE REAL ESTATE

    (503) 931-0973

    34 Total Sales

    Peggy LeGrande
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 709436

Willamette Valley MLS

APN: 573383

Oregon Marion County Salem 97302 South Central

345 Luther St S, Salem, OR

This home is located at 345 Luther St S, Salem, OR 97302 since 31 August 2016 and is currently estimated at $558,874, approximately $303 per square foot. This property was built in 1940. 345 Luther St S is a home located in Marion County with nearby schools including McKinley Elementary School, Leslie Middle School, and South 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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