$165,000
SOLD MAY 26, 2020

4562 Farrell Ave NE Salem, OR 97301

East Lancaster Neighborhood
3 Beds
2 Baths
1,574 Sq Ft
4,652 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

6% Below List Price

Highlights

  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Territorial View
  • Loft
  • First Floor Utility Room

About This Home

As of January 2021

Fixer upper or investment potential. This 3 bedroom 2 bath home is in need of a face-lift. Conveniently located to schools and shopping. Home boasts a loft area for a separate living space or office. New 50 year roof installed in 2015. This gem is a diamond in the rough. Don't miss out on this one!

Last Agent to Sell the Property

RICHARD CRAFTS

HOMESMART REALTY GROUP License #201213309 Listed on: 03/31/2020

HOMESMART REALTY GROUP

Last Buyer's Agent

RICHARD CRAFTS

HOMESMART REALTY GROUP License #201213309 Listed on: 03/31/2020

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,061

Year Built

  • Built in 1997

Lot Details

  • 4,652 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,574 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Loft
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch
  • Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,061

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1.5 Story
  • Range Facility: Electric
  • Syndicated Remarks: Fixer upper or investment potential. This 3 bedroom 2 bath home is in need of a face-lift. Conveniently located to schools and shopping. Home boasts a loft area for a separate living space or office. New 50 year roof installed in 2015. This gem is a diamond in the rough. Don't miss out on this one!
  • Cross Street: 45th Ave NE
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Gas, Living Room
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Additional Room: On Level: 2/Upper
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Loft
  • Price Per Sq Ft: 104.83
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 111.18

Exterior Features

  • Patio: Covered Deck, Covered Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Forced Air, Gas
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Schools

  • Elementary School: Swegle
  • Middle School: Waldo
  • High School: McKay

Lot Info

  • Acres: 0.1
  • Estimated Lot Sq Ft: 4652
  • Lot: 5
  • Lot Type: Dimension Above
  • Price Per Acre: 1750000
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R73699
  • Tax Years: 2019
  • Tax Account Number: R73699
  • Tax Amount: 3061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jan 7, 2021
Sold by
Ks & S Design Llc
Bought by
Goldstein Deborah Kay
Seller's Agent
RICHARD CRAFTS
HOMESMART REALTY GROUP
Buyer's Agent
Holly Eckles
SMI REAL ESTATE
List Price
$329,500
Sold Price
$329,900
Premium/Discount to List
$400
0.12%
Current Estimated Value
$433,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,783
Avg. Annual Appreciation
4.74%
Original Mortgage
$484,500
Outstanding Balance
$476,100
Interest Rate
2.59%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$65,438

Purchase Details

Listed on
Mar 31, 2020
Closed on
May 20, 2020
Sold by
Mccoy William E
Bought by
Ks & S Design Llc and 2020 Investing Llc
Seller's Agent
RICHARD CRAFTS
HOMESMART REALTY GROUP
Buyer's Agent
RICHARD CRAFTS
HOMESMART REALTY GROUP
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
205.72%
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 Type Sale Price Title Company
Warranty Deed $329,900 First American
Warranty Deed $165,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $484,500 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $329,900 0.0% $210 / Sq Ft
11/30/2020 11/30/20 Off Market $329,900 -- --
10/02/2020 10/02/20 For Sale $329,500 0.0% $209 / Sq Ft
10/02/2020 10/02/20 Price Changed $329,500 -0.1% $209 / Sq Ft
07/17/2020 07/17/20 Off Market $329,900 -- --
05/27/2020 05/27/20 For Sale $325,000 +97.0% $206 / Sq Ft
05/26/2020 05/26/20 Sold $165,000 -5.7% $105 / Sq Ft
03/31/2020 03/31/20 For Sale $175,000 -- $111 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
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 $4,167 $212,230 -- --
2023 $4,044 $206,050 $0 $0
2022 $3,813 $200,050 $0 $0
2021 $3,704 $194,230 $0 $0
2020 $3,707 $188,580 $0 $0
2019 $2,991 $156,650 $0 $0
2018 $3,021 $0 $0 $0
2017 $2,727 $0 $0 $0
2016 $2,598 $0 $0 $0
2015 $2,617 $0 $0 $0
2014 $2,522 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • RICHARD CRAFTS

    Seller's Agent in 2021

    RICHARD CRAFTS

    HOMESMART REALTY GROUP

    (503) 884-4232

    1 in this area

    59 Total Sales

    RICHARD CRAFTS
    Section Image
  • Holly Eckles

    Buyer's Agent in 2021

    Holly Eckles

    SMI REAL ESTATE

    (503) 580-6423

    2 in this area

    97 Total Sales

    Holly Eckles
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 762032

Willamette Valley MLS

APN: 573699

Oregon Marion County Salem 97301 East Lancaster

4562 Farrell Ave NE, Salem, OR

This home is located at 4562 Farrell Ave NE, Salem, OR 97301 and is currently priced at $165,000, approximately $104 per square foot. This property was built in 1997. 4562 Farrell Ave NE is a home located in Marion County with nearby schools including Swegle Elementary School, Waldo Middle School, and McKay 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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