$224,000
SOLD MAY 2, 2017

4020 Croisan Creek Rd S Salem, OR 97302

Croisan-Illahe Neighborhood
4 Beds
3 Baths
1,728 Sq Ft
1.62 Acres

Recently Sold

$130 Per Sq Ft

14% Below List Price

112 Days on Market

Highlights

  • 1.62 Acre Lot
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Deck
  • Lower Floor Utility Room
  • Shed

About This Home

As of April 2018

Up to 3.5% closing cost assistance available for eligible buyers! Rustic lodge style home on large approximate 1.62 acre lot short distance to Salem! Kitchen opens to dining area and vaulted great room. The home features four bedrooms and three bathrooms. Covered front porch and private wooded lot. This is a Fannie Mae Home Path property. The seller directs that all offers on this listing be made using the HomePath Online offer system at the HomePath website homepath.com.

Last Agent to Sell the Property

Brian Smith

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #920800079 Listed on: 01/02/2017

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

COLE SPANGLE

SPANGLE REAL ESTATE License #201212423

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,650

Year Built

  • Built in 1979

Lot Details

  • 1.62 Acre Lot
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Lower Floor Utility Room
  • Laminate Flooring
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot M & B

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,650

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Syndicated Remarks: Up to 3.5% closing cost assistance available for eligible buyers! Rustic lodge style home on large approximate 1.62 acre lot short distance to Salem! Kitchen opens to dining area and vaulted great room. The home features four bedrooms and three bathrooms. Covered front porch and private wooded lot. This is a Fannie Mae Home Path property. The seller directs that all offers on this listing be made using the HomePath Online offer system at the HomePath website homepath.com.
  • Cross Street: River
  • Year Built: 1979
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Laminate
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Number of Main Level Bathrooms: 1
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Bedroom 4: On Level: Lower/Basement
  • Basement: Partial
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Price Per Sq Ft: 129.63
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 135.94

Exterior Features

  • Patio: Deck
  • Exterior Color: Brown
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Forced Air
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Salem Heights
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 1.62
  • Estimated Lot Sq Ft: 70567
  • Lot: M & B
  • Lot Type: Dimension Above
  • Price Per Acre: 145000
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 15-16
  • Tax Account Number: R31424
  • Tax Amount: 3650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2017
Closed on
Mar 26, 2018
Sold by
Spangle Real Estate Investments Llc
Bought by
Sexton Kyle J
Seller's Agent
COLE SPANGLE
SPANGLE REAL ESTATE
Buyer's Agent
Brian Smith
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$474,900
Sold Price
$445,000
Premium/Discount to List
-$29,900
-6.3%
Current Estimated Value
$745,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,143
Avg. Annual Appreciation
6.98%
Original Mortgage
$356,000
Outstanding Balance
$309,342
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$419,616

Purchase Details

Listed on
Jan 2, 2017
Closed on
May 1, 2017
Sold by
Fannie Mae
Bought by
Spangle Real Estate Investment Llc
Seller's Agent
Brian Smith
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
COLE SPANGLE
SPANGLE REAL ESTATE
List Price
$259,900
Sold Price
$224,000
Premium/Discount to List
-$35,900
-13.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.97%

Purchase Details

Closed on
Nov 23, 2016
Sold by
Sigel Jeremy J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 25, 2016
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 19, 2016
Sold by
Sigel Jeremy J
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Mar 18, 2016
Sold by
Sigel Jeremy J
Bought by
Vantage Homes Llc

Purchase Details

Closed on
Jul 29, 2005
Sold by
Sigel Jeremy
Bought by
Sigel Jeremy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.46%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 Type Sale Price Title Company
Warranty Deed $445,000 Amerititle
Special Warranty Deed $218,000 Amerititle
Sheriffs Deed $255,600 None Available
Sheriffs Deed -- None Available
Sheriffs Deed $255,600 None Available
Bargain Sale Deed $3,850 None Available
Interfamily Deed Transfer -- First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,000 New Conventional
Previous Owner $104,300 Credit Line Revolving
Previous Owner $232,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $29,000 Credit Line Revolving
Previous Owner $202,400 Unknown
Previous Owner $27,100 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $445,000 -1.1% $193 / Sq Ft
02/06/2018 02/06/18 Price Changed $449,900 -2.2% $195 / Sq Ft
01/02/2018 01/02/18 Price Changed $459,900 -3.2% $200 / Sq Ft
11/15/2017 11/15/17 For Sale $474,900 +112.0% $206 / Sq Ft
05/02/2017 05/02/17 Sold $224,000 -13.8% $130 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
01/02/2017 01/02/17 For Sale $259,900 -- $150 / 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 $5,985 $444,880 -- --
2023 $5,839 $431,930 $0 $0
2022 $5,523 $419,350 $0 $0
2021 $5,421 $410,350 $0 $0
2020 $5,274 $398,400 $0 $0
2019 $5,083 $386,800 $0 $0
2018 $5,169 $0 $0 $0
2017 $3,731 $0 $0 $0
2016 $3,564 $0 $0 $0
2015 $3,650 $0 $0 $0
2014 $3,492 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 713361

Willamette Valley MLS

APN: 531424