NOT LISTED FOR SALE

4416 River Rd S Salem, OR 97302

Salem Hills Neighborhood

Estimated Value: $707,000 - $963,000

1.47 Acres
$594,754 Price per Acre
64,033 Sq Ft Lot

Last Sold May 22, 2020

Last sale price $165,000 $58 Per Sq Ft

Est. 430% increase in value since last sale

Current estimated payment $5,215/month

148 Days on Market

About This Lot

As of May 2020

BUILD THE HOME OF YOUR DREAMS on this beautiful 1.47 acre lot. STANDARD SEPTIC APPROVED! Good options for home site. A great combination of privacy, open space & tall trees. Close to town, yet country living. Just 1.5 miles past Illahe. Price Reduced.

Last Agent to Sell the Property

Trevor Scharer

TRADITION REAL ESTATE PARTNERS License #201107050 Listed on: 10/02/2019

Last Buyer's Agent

Stacy Rejaian

OLYMPIC REALTY License #201203805

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $268

Lot Details

  • 1.47 Acre Lot
  • Property is zoned AR

Additional Features

  • Territorial Views
  • Phone Available

Listing and Financial Details

  • Tax Lot 1

Property Details

Property Type

Land

Est. Annual Taxes

$268

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: BUILD THE HOME OF YOUR DREAMS on this beautiful 1.47 acre lot. STANDARD SEPTIC APPROVED! Good options for home site. A great combination of privacy, open space & tall trees. Close to town, yet country living. Just 1.5 miles past Illahe. Price Reduced.
  • Cross Street: Owens
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 112244.9

Exterior Features

  • View: Territorial
  • Access: Easement, Paved, Unpaved

Utilities

  • Water: Possible
  • Electricity: Available
  • Septic Approval: Yes
  • Telephone: Available

Schools

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

Lot Info

  • Acres: 1.47
  • Lot: 1
  • Price Per Acre: 125782.31
  • Zoning: AR
  • Approved for Manufactured Home: Unknown
  • Easement: Yes
  • Geo Subdivision: OR
  • Map Parcel Number: 084w12c02000

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R33587
  • Tax Account Number: R33587
  • Tax Amount: 268

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Nov 21, 2019
Sold by
Gross Terry L and Gross Kathleen A
Bought by
Flores Erik C and Flores Julie
Seller's Agent
Trevor Scharer
TRADITION REAL ESTATE PARTNERS
Buyer's Agent
Stacy Rejaian
OLYMPIC REALTY
List Price
$564,900
Sold Price
$564,900
Current Estimated Value
$874,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,389
Avg. Annual Appreciation
7.71%
Original Mortgage
$451,920
Outstanding Balance
$396,777
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$477,512
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
Flores Erik C $564,900 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Erik C $451,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $165,000 0.0% $58 / Sq Ft
04/30/2020 04/30/20 Off Market $165,000 -- --
01/06/2020 01/06/20 Price Changed $184,900 -2.6% $64 / Sq Ft
10/02/2019 10/02/19 For Sale $189,900 -- $66 / 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 $6,729 $530,180 -- --
2023 $6,567 $514,740 $0 $0
2022 $6,213 $499,750 $0 $0
2021 $6,051 $485,200 $0 $0
2020 $5,888 $471,070 $0 $0
2019 $5,673 $457,350 $0 $0
2018 $5,774 $0 $0 $0
2017 $5,059 $0 $0 $0
2016 $4,828 $0 $0 $0
2015 $4,880 $0 $0 $0
2014 $4,581 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Trevor Scharer

    Seller's Agent in 2020

    Trevor Scharer

    TRADITION REAL ESTATE PARTNERS

    (503) 881-3455

    3 in this area

    147 Total Sales

    Trevor Scharer
    Section Image
  • Stacy Rejaian

    Buyer's Agent in 2020

    Stacy Rejaian

    OLYMPIC REALTY

    (503) 569-5033

    3 in this area

    27 Total Sales

    Stacy Rejaian
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 755748

Willamette Valley MLS

APN: 533589

Oregon Marion County Salem 97302 Salem Hills

4416 River Rd S, Salem, OR

This home is located at 4416 River Rd S, Salem, OR 97302 since 02 October 2019 and is currently estimated at $874,289, approximately $304 per square foot. 4416 River 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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