NOT LISTED FOR SALE

3831 Homestead Rd S Salem, OR 97302

Croisan-Illahe Neighborhood

Estimated Value: $732,987 - $817,000

2 Beds
1 Bath
1,989 Sq Ft
$390/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $740,000 $372 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,574/month

Highlights

  • 11 Acre Lot
  • Main Floor Primary Bedroom
  • Spring water is a source of water for the property

About This Home

As of May 2022

Value is in the land. There are 4 tax parcels, possible to divide. 3 outbuildings and a shop, lovely peaceful setting, large pond. Do not disturb tenants.

Last Agent to Sell the Property

LINDA TIPTON

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #911000064 Listed on: 04/12/2022

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Last Buyer's Agent

Wendy Tornow

BRIGHTHOME REAL ESTATE GROUP License #201219112

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,580

Year Built

  • Built in 1933

Lot Details

  • 11 Acre Lot
  • Property is zoned RS

Interior Spaces

  • 1,989 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Spring water is a source of water for the property

Listing and Financial Details

  • Tax Lot M&B

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,580

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Syndicated Remarks: Value is in the land. There are 4 tax parcels, possible to divide. 3 outbuildings and a shop, lovely peaceful setting, large pond. Do not disturb tenants.
  • Cross Street: River Rd. S
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 2/Upper
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 372.05
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 384.62

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Water: Spring

Schools

  • Elementary School: Schirle
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 11
  • Lot: M&B
  • Price Per Acre: 69545.45
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 21-22
  • Tax Amount: 10580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2022
Sold by
Melanie Lute Trust
Bought by
Circa Nine Three Llc
Current Estimated Value
$774,994

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 12, 2022
Sold by
Deer Run Subdivision Llc
Bought by
Melanie Lute Trust and Lute
Seller's Agent
LINDA TIPTON
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
Buyer's Agent
Wendy Tornow
BRIGHTHOME REAL ESTATE GROUP
List Price
$765,000
Sold Price
$740,000
Premium/Discount to List
-$25,000
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.37%
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
Circa Nine Three Llc -- None Listed On Document
Melanie Lute Trust $740,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $740,000 -3.3% $372 / Sq Ft
04/12/2022 04/12/22 For Sale $765,000 -- $385 / 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 $5,385 $274,290 -- --
2023 $5,227 $266,310 $0 $0
2022 $4,835 $258,560 $0 $0
2021 $4,787 $251,030 $0 $0
2020 $4,648 $243,720 $0 $0
2019 $4,484 $236,630 $0 $0
2018 $4,564 $0 $0 $0
2017 $4,119 $0 $0 $0
2016 $3,923 $0 $0 $0
2015 $3,953 $0 $0 $0
2014 $3,826 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LINDA TIPTON

    Seller's Agent in 2022

    LINDA TIPTON

    BHHS Oregon- Professionals

    (503) 559-5167

    3 in this area

    144 Total Sales

    LINDA TIPTON
    Section Image
  • Wendy Tornow

    Buyer's Agent in 2022

    Wendy Tornow

    BRIGHTHOME REAL ESTATE GROUP

    (503) 551-7076

    4 in this area

    56 Total Sales

    Wendy Tornow
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 790999

Willamette Valley MLS

APN: 578085

Oregon Marion County Salem 97302 Croisan-Illahe

3831 Homestead Rd S, Salem, OR

This home is located at 3831 Homestead Rd S, Salem, OR 97302 since 12 April 2022 and is currently estimated at $774,994, approximately $389 per square foot. This property was built in 1933. 3831 Homestead Rd S is a home located in Marion County with nearby schools including Schirle Elementary School, Crossler Middle School, and Sprague 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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