NOT LISTED FOR SALE

3887 Homestead Rd S Salem, OR 97302

Croisan-Illahe Neighborhood

Estimated Value: $760,229 - $912,000

3 Beds
2 Baths
1,479 Sq Ft
$565/Sq Ft Est. Value

Last Sold September 14, 2012

Last sale price $135,000 $91 Per Sq Ft

Est. 519% increase in value since last sale

Current estimated payment $4,930/month

52 Days on Market

Highlights

  • Barn
  • 1.19 Acre Lot
  • Tile Flooring
  • RV Access or Parking
  • Deck
  • Landscaped

About This Home

As of September 2012

This home is located at 3887 Homestead Rd S, Salem, OR 97302 since 23 January 2012 and is currently estimated at $836,115, approximately $565 per square foot. This property was built in 1944. 3887 Homestead Rd S is a home located in Marion County with nearby schools including Schirle Elementary School, Crossler Middle School, and Sprague High School.

Last Agent to Sell the Property

Brian Bemis

RE/MAX INTEGRITY - SALEM License #200603608 Listed on: 01/23/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,540

Year Built

  • Built in 1944

Lot Details

  • 1.19 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Property is zoned RA

Parking

  • RV Access or Parking

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,479 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Range
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Deck
  • Barn
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: Microwave above Range

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,540

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1.5 Story
  • Dual Living: Possible
  • Range Facility: Range Included
  • Syndicated Remarks: Great property in South Salem. Home needs some work. 36X48 pole barn with huge loft. 24X24 detached room. Large Deck in backyard. Buyers to do due diligence. Pre-approved list price by lender.
  • Year Built: 1944
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Disposal: Yes
  • Exclusions: Microwave above Range
  • Flooring: Carpet, Tile, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Price Per Sq Ft: 91.28
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 91.28

Exterior Features

  • Patio: Deck
  • Fenced Yard: Partial
  • Landscape: Yes
  • Out Buildings: Barn
  • Roof: Composition
  • Siding: Vinyl

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Baseboard
  • Sewer City: Yes
  • Water: City

Lot Info

  • Acres: 1.19
  • Flood Plain: Unknown
  • Price Per Acre: 113445.38
  • Rv Amenities: Area/Room For
  • Zoning: RA
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2011
  • Tax Account Number: R321916
  • Tax Amount: 2540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Prowell Michael R and Prowell Bobette F
Bought by
Ramair2k Dynasty Trust and Prowell
Current Estimated Value
$836,115

Purchase Details

Listed on
Jan 23, 2012
Closed on
Sep 13, 2012
Sold by
Mccarthy Robert Douglas and Mccarthy Cheryl Sue
Bought by
Prowell Michael R and Prowell Bobette F
Seller's Agent
Brian Bemis
RE/MAX INTEGRITY - SALEM
List Price
$125,000
Sold Price
$135,000
Premium/Discount to List
$10,000
8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.98%
Original Mortgage
$182,556
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2005
Sold by
Mccarthy Robert Oscar
Bought by
Mccarthy Robert Douglas and Mccarthy Cheryl Sue

Purchase Details

Closed on
Jan 21, 2005
Sold by
Mccarthy Robert O and Mccarthy Robert D
Bought by
Mccarthy Robert D and Mccarthy Cheryl Sue
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
Ramair2k Dynasty Trust -- None Listed On Document
Ramair2k Dynasty Trust -- None Listed On Document
Prowell Michael R $135,000 Fidelity Natl Title Co Of Or
Mccarthy Robert Douglas -- --
Mccarthy Robert D -- Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prowell Michael R $182,556
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2012 09/14/12 Sold $135,000 +8.0% $91 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $125,000 -- $85 / 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 $5,961 $303,580 -- --
2023 $5,785 $294,740 $0 $0
2022 $5,454 $286,160 $0 $0
2021 $5,299 $277,830 $0 $0
2020 $5,144 $269,740 $0 $0
2019 $4,963 $261,890 $0 $0
2018 $5,051 $0 $0 $0
2017 $4,559 $0 $0 $0
2016 $4,342 $0 $0 $0
2015 $4,375 $0 $0 $0
2014 $3,328 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Bemis

    Seller's Agent in 2012

    Brian Bemis

    RE/MAX

    (503) 559-9410

    2 in this area

    161 Total Sales

    Brian Bemis
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Map

Source: Willamette Valley MLS

MLS Number: 648529

Willamette Valley MLS

APN: 321916

Oregon Marion County Salem 97302 Croisan-Illahe

3887 Homestead Rd S, Salem, OR

This home is located at 3887 Homestead Rd S, Salem, OR 97302 since 23 January 2012 and is currently estimated at $836,115, approximately $565 per square foot. This property was built in 1944. 3887 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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