NOT LISTED FOR SALE

4575 Drake Ct NE Salem, OR 97301

East Lancaster Neighborhood

Estimated Value: $322,000 - $375,000

3 Beds
2 Baths
1,360 Sq Ft
$264/Sq Ft Est. Value

Last Sold March 06, 2013

Last sale price $110,200 $81 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $2,275/month

7 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • 1-Story Property
  • Cul-De-Sac
  • Shed
  • Landscaped

About This Home

As of March 2013

This home is located at 4575 Drake Ct NE, Salem, OR 97301 since 07 August 2012 and is currently estimated at $359,125, approximately $264 per square foot. This property was built in 1977. 4575 Drake Ct NE is a home located in Marion County with nearby schools including Swegle Elementary School, Waldo Middle School, and McKay High School.

Last Agent to Sell the Property

Dewey Whitton

THE SALEM REAL ESTATE GROUP License #890200088 Listed on: 08/07/2012

Last Buyer's Agent

LEE KLAMPE

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #200310233

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,287

Year Built

  • Built in 1977

Lot Details

  • 6,240 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 16 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,287

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Quiet Cul-de-sac, Cute on the inside, needs some tlc on the outside. Fenced back yard. Updated Cabinets. Vinyl windows.
  • Cross Street: Swallow
  • Year Built: 1977
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Price Per Sq Ft: 81.03
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 80.88

Exterior Features

  • Patio: Deck
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding Style: T111

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas
  • Water: City
  • Water Heater: Gas

Schools

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

Lot Info

  • Acres: 0.14
  • Estimated Lot Sq Ft: 6240
  • Flood Plain: Unknown
  • Lot: 16
  • Lot Type: Cul-De-Sac, Irregular
  • Price Per Acre: 785714.29
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2011-12
  • Tax Account Number: R71405
  • Tax Amount: 2287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2012
Closed on
Mar 5, 2013
Sold by
Stclair Bobbi D and Wright Bobbi D
Bought by
Loucks Frances M and Frances M Loucks Trust
Seller's Agent
Dewey Whitton
THE SALEM REAL ESTATE GROUP
Buyer's Agent
LEE KLAMPE
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$110,000
Sold Price
$110,200
Premium/Discount to List
$200
0.18%
Current Estimated Value
$359,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,925
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
Apr 26, 2007
Sold by
Lyon Shawn E
Bought by
Wright Bobbi D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,900
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2002
Sold by
Weir Douglas R and Weir Teralee
Bought by
Lyon Shawn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,730
Interest Rate
6.99%
Mortgage Type
FHA
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
Loucks Frances M $110,200 Ticor Title
Wright Bobbi D $169,900 First American
Lyon Shawn E $122,625 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Bobbi D $169,900
Previous Owner Lyon Shawn E $120,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2013 03/06/13 Sold $110,200 +0.2% $81 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $110,000 -- $81 / 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 $3,387 $172,520 -- --
2023 $3,288 $167,500 $0 $0
2022 $3,100 $162,630 $0 $0
2021 $3,011 $157,900 $0 $0
2020 $3,014 $153,310 $0 $0
2019 $2,908 $148,850 $0 $0
2018 $2,871 $0 $0 $0
2017 $2,591 $0 $0 $0
2016 $2,468 $0 $0 $0
2015 $2,487 $0 $0 $0
2014 $2,407 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dewey Whitton

    Seller's Agent in 2013

    Dewey Whitton

    THE SALEM REAL ESTATE GROUP

    (503) 949-3623

    2 in this area

    407 Total Sales

    Dewey Whitton
    Section Image

  • L

    Buyer's Agent in 2013

    LEE KLAMPE

    BHHS Oregon- Professionals

    (503) 931-2990

    22 Total Sales

    LEE KLAMPE
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 655876

Willamette Valley MLS

APN: 571405

Oregon Marion County Salem 97301 East Lancaster

4575 Drake Ct NE, Salem, OR

This home is located at 4575 Drake Ct NE, Salem, OR 97301 since 07 August 2012 and is currently estimated at $359,125, approximately $264 per square foot. This property was built in 1977. 4575 Drake Ct 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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