NOT LISTED FOR SALE

4571 Babcock Way SE Salem, OR 97317

Estimated Value: $378,000 - $407,000

3 Beds
2 Baths
1,310 Sq Ft
$301/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $301,000 $230 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,431/month

3 Days on Market

Highlights

  • Engineered Wood Flooring
  • Private Yard
  • Covered patio or porch
  • 1 Fireplace
  • No HOA
  • First Floor Utility Room

About This Home

As of August 2020

Charming one level home with updates, big private backyard, covered patio, garden shed, pellet stove, AC, and an oversized garage. Updates include Shaw engineered HDF flooring throughout the whole home in June of 2020, fresh interior paint throughout, new shower in the master bathroom in 2020. Vinyl windows.

Last Agent to Sell the Property

Stephen FitzMaurice

eXp Realty, LLC License #200308110 Listed on: 06/20/2020

eXp Realty, LLC

Co-Listed By

Tyrone and Andrea Parmelee

Premiere Property Group, LLC License #201204701

Last Buyer's Agent

Chun Truong

HomeSmart Realty Group License #199911024

HomeSmart Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,332

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 7,840 Sq Ft Lot
  • Level Lot
  • Sprinkler System
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Extra Deep Garage
  • Driveway

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,310 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • 1 Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Laundry Room
  • Engineered Wood Flooring
  • Crawl Space

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility
  • Minimal Steps

Outdoor Features

  • Covered patio or porch
  • Shed

Schools

  • Eyre Elementary School
  • Houck Middle School
  • South Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 553371

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,332

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1965
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Dishwasher,Disposal
  • Room 12 Features: Fireplace
  • Room 13 Features: Bathroom,CeilingFan
  • Room 9 Features: SlidingDoors
  • Special Features: None

Interior Features

  • Accessibility Features: MainFloorBedroomBath, MinimalSteps, OneLevel, UtilityRoomOnMain, WalkinShower
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: EngineeredHardwood, Laundry
  • Room 4 Description: Laundry
  • Room 4 Features: BuiltinFeatures
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: BuiltinOven, Cooktop, Dishwasher, Disposal
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: PelletStove
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt7000to9999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: CoveredPatio, Sprinkler, ToolShed, Yard
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached,ExtraDeep
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir, Other
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Eyre
  • High School: South Salem
  • Middle Or Junior School: Houck

Lot Info

  • Farm: No
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.0
  • Parcel #: 553371

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 2331.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Aug 10, 2020
Sold by
Lorraine Gerald A
Bought by
Werner Garth Philip
Seller's Agent
Stephen FitzMaurice
eXp Realty, LLC
Buyer's Agent
Chun Truong
HomeSmart Realty Group
List Price
$285,000
Sold Price
$301,000
Premium/Discount to List
$16,000
5.61%
Current Estimated Value
$394,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,798
Avg. Annual Appreciation
5.42%
Original Mortgage
$290,638
Outstanding Balance
$261,139
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$127,913
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 Buyer Sale Price Title Company
Werner Garth Philip $301,000 Fidelity Natl Ttl Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Werner Garth Philip $290,638
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $301,000 +5.6% $230 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $285,000 -- $218 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $2,783 $167,960 -- --
2023 $2,640 $163,070 $0 $0
2022 $2,490 $158,330 $0 $0
2021 $2,466 $153,720 $0 $0
2020 $2,385 $149,250 $0 $0
2019 $2,332 $144,910 $0 $0
2018 $2,383 $0 $0 $0
2017 $2,026 $0 $0 $0
2016 $1,950 $0 $0 $0
2015 $1,931 $0 $0 $0
2014 $1,800 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20217328

Regional Multiple Listing Service (RMLS)

APN: 553371