NOT LISTED FOR SALE

3481 Memory Ln SE Salem, OR 97317

Estimated Value: $511,187 - $703,000

2 Beds
2 Baths
1,148 Sq Ft
$529/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $520,000 $453 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,639/month

31 Days on Market

Highlights

  • Barn
  • Mountain View
  • Wood Burning Stove
  • RV Access or Parking
  • Deck
  • Workshop

About This Home

As of August 2018

Hard to find! Nicely updated ranch style home nestled on 9.73 acres with wrap around deck, amazing view, and beautiful landscaping. Property features a 2160 sq ft shop, oversized 2 car garage, 3 stall barn, plus more, peaceful serenity galore including a seasonal creek. All this and the property is sub dividable per county. Buyer to do due diligence.

Last Agent to Sell the Property

Brenda Moore

SANDY LYNESS REAL ESTATE INVESTMENTS, LLC License #200502351 Listed on: 06/01/2018

Last Buyer's Agent

Eric Peterson

REAL BROKER License #201209761

REAL BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,335

Year Built

  • Built in 1972

Lot Details

  • 9.73 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot

Property Views

  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,148 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Workshop

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Shop

Farming

  • Barn

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,335

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Yes
  • Range Facility: Electric
  • Syndicated Remarks: Hard to find! Nicely updated ranch style home nestled on 9.73 acres with wrap around deck, amazing view, and beautiful landscaping. Property features a 2160 sq ft shop, oversized 2 car garage, 3 stall barn, plus more, peaceful serenity galore including a seasonal creek. All this and the property is sub dividable per county. Buyer to do due diligence.
  • Cross Street: Salem
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Fireplace: Wood
  • Negotiable Inclusions: Range, Frig, D/W
  • Wood Burning Stove: Uncertified
  • Flooring: Carpet, Tile
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Bonus Rooms: Workshop
  • Price Per Sq Ft: 452.96
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 500.87

Exterior Features

  • Patio: Deck
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Barn, Separate Shop
  • Roof: Composition
  • Siding: Vinyl
  • View: Mountain, Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric, Heat Pump, Forced Air
  • High Speed Comm Access: Present
  • Septic: Standard
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Acres: 9.73
  • Estimated Lot Sq Ft: 423839
  • Lot Type: Irregular
  • Price Per Acre: 59095.58
  • Rv Amenities: Area/Room For, Pad
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 17-18
  • Tax Account Number: R32888
  • Tax Amount: 3335

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2021
Sold by
Coombs Renae and Coombs Caleb
Bought by
Coombs Renae and Coombs Caleb
Current Estimated Value
$607,094

Purchase Details

Listed on
Jun 1, 2018
Closed on
Aug 31, 2018
Sold by
Leach Randolph D and Leach Beverly J
Bought by
Coombs Caleb and Coombs Renae
Seller's Agent
Brenda Moore
SANDY LYNESS REAL ESTATE INVESTMENTS, LLC
Buyer's Agent
Eric Peterson
REAL BROKER
List Price
$575,000
Sold Price
$520,000
Premium/Discount to List
-$55,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$453,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Coombs Renae -- None Available
Coombs Caleb $520,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coombs Caleb $444,000
Closed Coombs Caleb $453,000
Previous Owner Leach Beverly J $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $520,000 -9.6% $453 / Sq Ft
06/01/2018 06/01/18 For Sale $575,000 -- $501 / 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 $3,234 $271,530 -- --
2023 $3,149 $263,630 $0 $0
2022 $2,978 $255,960 $0 $0
2021 $2,904 $248,510 $0 $0
2020 $1,443 $119,860 $0 $0
2019 $3,516 $289,980 $0 $0
2018 $3,435 $0 $0 $0
2017 $3,335 $0 $0 $0
2016 $3,241 $0 $0 $0
2015 $3,151 $0 $0 $0
2014 $3,184 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 734360

Willamette Valley MLS

APN: 532888