NOT LISTED FOR SALE

4280 Alderbrook Ave SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $953,490 - $1,480,000

5 Beds
5 Baths
5,000 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 17, 2015

Last sale price $638,000 $128 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,189/month

460 Days on Market

Highlights

  • Family Room with Fireplace
  • Territorial View
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of August 2015

Distinguished brick home. 5,000+ custom sf, 5 bd (2 masters), 5 bathrooms, "Priceless". 0.35 acre of professional landscaping & privacy. One of Salem's finest custom homes. Formal style & informal (rec room), together with all the amenities. A place to raise children & grandkids. Made for entertaining. 6-car garage with shop.

Last Agent to Sell the Property

Stephen Tandy

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #780403349 Listed on: 04/03/2014

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,798

Year Built

  • Built in 1965

Lot Details

  • 0.34 Acre Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Sprinkler System
  • Property is zoned RS

Parking

  • 4 Car Detached Garage

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 5,000 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Recreation Room
  • Workshop
  • First Floor Utility Room
  • Territorial Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Convection Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Yard art, shop heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,798

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 3 Tri-Level
  • Home Warranty: Negotiable
  • Luxury: Y
  • Range Facility: Electric, Gas, Built-In, Microwave Included, Range Included, Convection
  • Syndicated Remarks: Distinguished brick home. 5,000+ custom sf, 5 bd (2 masters), 5 bathrooms, "Priceless". 0.35 acre of professional landscaping & privacy. One of Salem's finest custom homes. Formal style & informal (rec room), together with all the amenities. A place to raise children & grandkids. Made for entertaining. 6-car garage with shop.
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Yard art, shop heating
  • Fireplace: Living Room, Family Room, Gas
  • Negotiable Inclusions: Window covers except master drape
  • Flooring: Carpet, Wood, Tile, Vinyl
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Number of Main Level Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 5
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Bedroom 4: On Level: 2/Upper
  • Additional Room: On Level: 2/Upper
  • Basement: Full, Finished
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook, Den, Office, Rec Room, Walk-In Pantry, Workshop
  • Price Per Sq Ft: 127.6
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 139.9

Exterior Features

  • Patio: Covered Patio, Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Brick, Wood
  • Siding Style: T111
  • View: Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 4+

Utilities

  • Heating/Cooling: Gas, Central Ac, Hot Water, Forced Air
  • High Speed Comm Access: Present
  • Security System: Owned
  • Water: Connected, City
  • Water Heater: Electric, Gas

Schools

  • Elementary School: Faye Wright
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 0.34
  • Estimated Lot Sq Ft: 14810
  • Lot Type: Irregular
  • Price Per Acre: 2057352.94
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R76270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
Aug 14, 2015
Sold by
Price David and Price Aileen T
Bought by
Ramirez Larry and Galvez Olivia A
Seller's Agent
Stephen Tandy
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$699,500
Sold Price
$638,000
Premium/Discount to List
-$61,500
-8.79%
Current Estimated Value
$1,123,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,623
Avg. Annual Appreciation
4.74%
Original Mortgage
$574,200
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2006
Sold by
Pickens Julie M and Aldrich Julie M
Bought by
Price David and Price Aileen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2002
Sold by
Dinsmore Philip E and Dinsmore Suzanne M
Bought by
Aldrich Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ramirez Larry $638,000 Fidelity Natl Title Co Of Or
Price David $522,000 Amerititle
Aldrich Julie M $378,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Larry $532,000
Closed Ramirez Larry $574,200
Previous Owner Price David $100,000
Previous Owner Price David $60,000
Previous Owner Aldrich Julie M $302,400
Closed Aldrich Julie M $75,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2015 08/17/15 Sold $638,000 -8.8% $128 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
04/03/2014 04/03/14 For Sale $699,500 -- $140 / 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 $12,798 $651,840 -- --
2023 $12,421 $632,860 $0 $0
2022 $11,711 $614,430 $0 $0
2021 $11,377 $596,540 $0 $0
2020 $11,045 $579,170 $0 $0
2019 $10,657 $562,310 $0 $0
2018 $10,647 $0 $0 $0
2017 $9,788 $0 $0 $0
2016 $9,323 $0 $0 $0
2015 $9,394 $0 $0 $0
2014 $9,091 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 674956

Willamette Valley MLS

APN: 576270