NOT LISTED FOR SALE

397 Lori Ave SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $390,000 - $405,698

3 Beds
1.5 Baths
1,328 Sq Ft
$302/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $375,000 $282 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,394/month

91 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Fenced Yard
  • Family Room with Fireplace
  • First Floor Utility Room
  • 2 Car Attached Garage

About This Home

As of July 2024

Love a Ranch Style home, but want an open floor plan? Here's your opportunity! Owner has done all the work for you in this updated home. BEAUTIFUL kitchen remodel w/ upscale Cafe appliances, quartz counters, LVP flooring, walk in pantry & gorgeous original hardwood flooring! Not only has the kitchen been updated, so has the main bthrm w/ a walk in shower, updated vanity, sink, toilet & faucet. Inside laundry rm. Oversized corner .25ac lot w/ rm for RV. Come take a look & FALL IN LOVE! Seller related to LA

Last Agent to Sell the Property

Rhonda Laughlin

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #200402196 Listed on: 04/19/2024

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

SCOTT ROBBLEE

HOMESMART REALTY GROUP License #201243750

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,413

Year Built

  • Built in 1957

Lot Details

  • 0.25 Acre Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Composition Roof

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • First Floor Utility Room

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Shed

Schools

  • Liberty Elementary School
  • Crossler Middle School
  • Sprague High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Liberty Gardens B1&4 Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,413

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Built-In, Gas
  • Syndicated Remarks: Love a Ranch Style home, but want an open floor plan? Here's your opportunity! Owner has done all the work for you in this updated home. BEAUTIFUL kitchen remodel w/ upscale Cafe appliances, quartz counters, LVP flooring, walk in pantry & gorgeous original hardwood flooring! Not only has the kitchen been updated, so has the main bthrm w/ a walk in shower, updated vanity, sink, toilet & faucet. Inside laundry rm. Oversized corner .25ac lot w/ rm for RV. Come take a look & FALL IN LOVE! Seller related to LA
  • Year Built: 1957
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room, Wood
  • Flooring: Wood, Luxury Vinyl Plank
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • 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
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Lot Info

  • Acres: 0.25
  • Flood Plain: Unknown
  • Lot: 12
  • Rv Amenities: Area/Room For
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 23-24
  • Tax Amount: 3413

MLS Schools

  • HighSchool: Sprague
  • Middle School: Crossler
  • Elementary School: Liberty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jul 26, 2024
Sold by
Pilcher Karen
Bought by
Robblee Herbert K and Robblee Victoria
Seller's Agent
Rhonda Laughlin
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
SCOTT ROBBLEE
HOMESMART REALTY GROUP
List Price
$375,000
Sold Price
$375,000
Views
69
Current Estimated Value
$400,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,675
Avg. Annual Appreciation
4.99%
Original Mortgage
$175,000
Outstanding Balance
$173,050
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$227,625

Purchase Details

Closed on
Jan 31, 2012
Sold by
U S Bank National Association
Bought by
Pilcher Karen

Purchase Details

Closed on
Aug 31, 2006
Sold by
Desantis Jayson and Desantis Danyel
Bought by
Desantis Danyel

Purchase Details

Closed on
Mar 17, 2006
Sold by
Rider Michelle R
Bought by
Desantis Jayson and Desantis Danyel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 25, 2001
Sold by
Dennis Michael F and Dennis Gordon D
Bought by
Rider Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2001
Sold by
Wilson Kathy J
Bought by
Wilson Kathy J and Dennis Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Robblee Herbert K $375,000 Fidelity National Title
Pilcher Karen -- Fidelity National Title
Pilcher Karen $105,500 Fidelity Natl Title Co Of Or
Desantis Danyel -- None Available
Desantis Jayson $167,000 First American
Rider Michelle R $103,500 Key Title Company
Wilson Kathy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robblee Herbert K $175,000
Previous Owner Desantis Jayson $167,000
Previous Owner Rider Michelle R $82,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2024 07/29/24 Sold $375,000 0.0% $282 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $375,000 0.0% $282 / Sq Ft
07/02/2024 07/02/24 Off Market $375,000 -- --
05/13/2024 05/13/24 Price Changed $375,000 -11.8% $282 / Sq Ft
04/19/2024 04/19/24 For Sale $425,000 -- $320 / 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
2025 $3,517 $184,490 -- --
2024 $3,517 $179,120 -- --
2023 $3,413 $173,910 $0 $0
2022 $3,218 $168,850 $0 $0
2021 $3,127 $163,940 $0 $0
2020 $3,035 $159,170 $0 $0
2019 $3,019 $154,540 $0 $0
2018 $2,981 $0 $0 $0
2017 $2,690 $0 $0 $0
2016 $2,562 $0 $0 $0
2015 $2,582 $0 $0 $0
2014 $2,499 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Laughlin

    Seller's Agent in 2024

    Rhonda Laughlin

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 851-1299

    2 in this area

    50 Total Sales

    Rhonda Laughlin
    Section Image
  • SCOTT ROBBLEE

    Buyer's Agent in 2024

    SCOTT ROBBLEE

    HOMESMART REALTY GROUP

    (503) 798-8737

    1 in this area

    20 Total Sales

    SCOTT ROBBLEE
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 815840

Willamette Valley MLS

APN: 581359

Oregon Marion County Salem 97302 Faye Wright

397 Lori Ave SE, Salem, OR

Not Listed for Sale

Detached

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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