NOT LISTED FOR SALE

4480 Ocean Ave NE Salem, OR 97301

East Lancaster Neighborhood

Estimated Value: $343,170 - $366,000

3 Beds
2 Baths
1,059 Sq Ft
$334/Sq Ft Est. Value

Sale Details

Date Sold: September 4, 2013

Last sale price $115,000 $109 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $2,181 / mo

286 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • Lap Siding
  • Landscaped
  • Partially Fenced Property
  • Carpet

About This Home

As of September 2013

This home is located at 4480 Ocean Ave NE, Salem, OR 97301 since 23 October 2012 and is currently estimated at $353,293, approximately $333 per square foot. This property was built in 1999. 4480 Ocean Ave NE is a home located in Marion County with nearby schools including Auburn Elementary School, Houck Middle School, and North Salem High School.

Last Agent to Sell the Property

Francisco Garcia

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #200809066 Listed on: 10/23/2012

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

Antonio Trejo

TU CASA CORPORATION License #200002042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1999

Lot Details

  • 4,794 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • 1,059 Sq Ft Home
  • Composition Roof
  • Lap Siding

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Auburn Elementary School
  • Houck Middle School
  • North Salem High School

Utilities

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

Community Details

  • Stone Ridge Subdivision

Listing and Financial Details

  • Exclusions: Frig and all personal items
  • Tax Lot 18

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,267

Year Built

Built in 1999

Lot Details

4,794 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Residence
  • Range Facility: Electric
  • Cross Street: 45th Av NE
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Frig and all personal items
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Source Of Sq Ft: County

Exterior Features

  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Water: City
  • Water Heater: Gas

Lot Info

  • Acres: 0.11
  • Estimated Lot Sq Ft: 4794
  • Lot: 18
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2011
  • Tax Amount: 2267

MLS Schools

  • HighSchool: North Salem
  • Middle School: Houck
  • Elementary School: Auburn

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2012
Closed on
Aug 29, 2013
Sold by
Bought by
Seller's Agent
Francisco Garcia
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Antonio Trejo
TU CASA CORPORATION
List Price
$135,000
Sold Price
$115,000
Premium/Discount to List
-$20,000
-14.81%
Current Estimated Value
$353,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,293
Avg. Annual Appreciation
9.19%
Original Mortgage
$112,917
Outstanding Balance
$82,787
Interest Rate
4.27%
Mortgage Type
FHA
Estimated Equity
$270,506

Purchase Details

Closed on
Mar 8, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,720
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,358
Interest Rate
6.27%
Mortgage Type
VA

Purchase Details

Closed on
Jul 9, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$115,000 Amerititle
$173,400 Ticor Title
$122,900 Ticor Title
$100,511 First American Title Insuran
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $112,917
Previous Owner $170,720
Previous Owner $125,358
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/04/2013 09/04/13 Sold $115,000 -14.8% $109 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
10/23/2012 10/23/12 For Sale $135,000 -- $127 / Sq Ft
Source: Willamette Valley MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,290 $172,570 -- --
2024 $3,290 $167,550 -- --
2023 $3,193 $162,670 $0 $0
2022 $3,010 $157,940 $0 $0
2021 $2,924 $153,340 $0 $0
2020 $2,839 $148,880 $0 $0
2019 $2,739 $144,550 $0 $0
2018 $2,788 $0 $0 $0
2017 $2,516 $0 $0 $0
2016 $2,397 $0 $0 $0
2015 $2,415 $0 $0 $0
2014 $2,337 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Francisco Garcia

    Seller's Agent in 2013

    Francisco Garcia

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (971) 218-7397

    4 in this area

    78 Total Sales

    Francisco Garcia
    Section Image
  • Antonio Trejo

    Buyer's Agent in 2013

    Antonio Trejo

    TU CASA CORPORATION

    (503) 580-1745

    7 in this area

    138 Total Sales

    Antonio Trejo
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 658014

Willamette Valley MLS

APN: 592547

Oregon Marion County Salem 97301 East Lancaster

4480 Ocean Ave NE, Salem, OR

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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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