$77,000
SOLD FEB 21, 2017

355 Elma Ave SE Salem, OR 97317

2 Beds
1 Bath
960 Sq Ft
6,005 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

19% Below List Price

154 Days on Market

Highlights

  • RV Access or Parking
  • High Speed Internet
  • 3-minute walk to Minto-Brown Island Park

About This Home

As of April 2025

Attention Investors, Needs work but lots potential. Close to shopping, bus routes. Sold as-is.

Last Agent to Sell the Property

Juan Vasquez

WINDERMERE HERITAGE License #201212105 Listed on: 09/01/2016

WINDERMERE HERITAGE

Last Buyer's Agent

Justin Mikkelsen

EQUITY OREGON REAL ESTATE License #201214750

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,253

Year Built

  • Built in 1930

Lot Details

  • 6,005 Sq Ft Lot
  • Property is zoned RS

Parking

  • RV Access or Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • High Speed Internet

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,253

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1.5 Story
  • Home Warranty: Negotiable
  • Syndicated Remarks: Attention Investors, Needs work but lots potential. Close to shopping, bus routes. Sold as-is.
  • Cross Street: State
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Price Per Sq Ft: 80.21
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 87.5

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Capacity: 0

Utilities

  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City

Schools

  • Elementary School: Four Corners
  • Middle School: Houck
  • High School: South Salem

Lot Info

  • Acres: 0.14
  • Estimated Lot Sq Ft: 6005
  • Lot: 1
  • Price Per Acre: 600000
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2015
  • Tax Account Number: R45292
  • Tax Amount: 1253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Oct 13, 2022
Sold by
Day Richard
Bought by
Blalock Jesse M
Seller's Agent
Gladys Blum
BLUM REAL ESTATE
Buyer's Agent
Jodie Dodge
JMG JASON MITCHELL GROUP-SALEM
List Price
$309,999
Sold Price
$310,000
Premium/Discount to List
$1
0.0%
Views
29
Current Estimated Value
$336,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,336
Avg. Annual Appreciation
2.93%
Original Mortgage
$217,000
Outstanding Balance
$209,327
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$127,009

Purchase Details

Listed on
Sep 1, 2016
Closed on
Feb 3, 2017
Sold by
Arias Jose Luis
Bought by
Day Richard
Seller's Agent
Juan Vasquez
WINDERMERE HERITAGE
Buyer's Agent
Justin Mikkelsen
EQUITY OREGON REAL ESTATE
List Price
$95,000
Sold Price
$77,000
Premium/Discount to List
-$18,000
-18.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.95%
Original Mortgage
$83,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2006
Sold by
Barnes Michael R
Bought by
Arias Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $310,000 --
Warranty Deed $77,000 First American
Warranty Deed $88,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $217,000 New Conventional
Previous Owner $108,500 Commercial
Previous Owner $83,500 New Conventional
Previous Owner $79,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $335,000 0.0% $261 / Sq Ft
02/21/2025 02/21/25 For Sale $335,000 +8.1% $261 / Sq Ft
10/14/2022 10/14/22 Sold $310,000 0.0% $294 / Sq Ft
09/16/2022 09/16/22 For Sale $309,999 0.0% $294 / Sq Ft
09/16/2022 09/16/22 Price Changed $309,999 0.0% $294 / Sq Ft
09/12/2022 09/12/22 Off Market $310,000 -- --
08/18/2022 08/18/22 Price Changed $299,999 -2.9% $284 / Sq Ft
08/01/2022 08/01/22 Price Changed $309,000 -3.1% $293 / Sq Ft
07/21/2022 07/21/22 For Sale $319,000 +314.3% $302 / Sq Ft
02/21/2017 02/21/17 Sold $77,000 -18.9% $80 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
09/01/2016 09/01/16 For Sale $95,000 -- $99 / 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 $2,151 $120,280 -- --
2023 $1,949 $116,780 $0 $0
2022 $1,674 $101,940 $0 $0
2021 $1,658 $98,980 $0 $0
2020 $1,608 $96,100 $0 $0
2019 $1,732 $93,310 $0 $0
2018 $1,591 $0 $0 $0
2017 $1,319 $0 $0 $0
2016 $1,267 $0 $0 $0
2015 $1,254 $0 $0 $0
2014 $1,148 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 709481

Willamette Valley MLS

APN: 545292