NOT LISTED FOR SALE

Estimated Value: $408,000 - $454,000

3 Beds
3 Baths
1,310 Sq Ft
$327/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $420,000 $321 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,516/month

118 Days on Market

Highlights

  • Barn
  • 0.8 Acre Lot
  • Territorial View
  • RV Access or Parking
  • Living Room with Fireplace
  • Loft

About This Home

As of November 2022

This property has so much potential to use it as is, or partition off some extra lots! A rare find of almost 1 acre in the heart of Salem. The home itself has a ton of natural light and is move in ready. The ADU in the back needs some assistance, but can be rehabbed. The shop is 30x20 of enclosed space with 2 garage bays and a 30x16 open wall area that used to be a barn. Home is on city sewer, but has well water. First time this has been on the market since 1970's.

Last Agent to Sell the Property

Shane Matthews

HOMESTAR BROKERS License #201203430 Listed on: 06/15/2022

Last Buyer's Agent

Shane Matthews

HOMESTAR BROKERS License #201203430 Listed on: 06/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 1960

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 179x195
  • Partially Fenced Property
  • Landscaped
  • Property is zoned UD

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,310 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Loft
  • Workshop
  • First Floor Utility Room
  • Laminate Flooring
  • Territorial Views
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Covered Deck
  • Shop

Farming

  • Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Well
  • High Speed Internet

Listing and Financial Details

  • Tax Block 4002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,108

Year Built

Built in 1960

Lot Details

0.8 Acres

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Dual Living: Possible
  • Home Warranty: Negotiable
  • Syndicated Remarks: This property has so much potential to use it as is, or partition off some extra lots! A rare find of almost 1 acre in the heart of Salem. The home itself has a ton of natural light and is move in ready. The ADU in the back needs some assistance, but can be rehabbed. The shop is 30x20 of enclosed space with 2 garage bays and a 30x16 open wall area that used to be a barn. Home is on city sewer, but has well water. First time this has been on the market since 1970's.
  • Cross Street: Vernon Lp
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: Fridge and Range
  • Flooring: Laminate
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half 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
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook, Loft, Mudroom, Workshop
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Deck
  • Exterior Color: Red
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Barn, Separate Shop
  • Roof: Composition, Shingle
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Wood, Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: Well

Lot Info

  • Acres: 0.8
  • Estimated Lot Dimensions: 179x195
  • Estimated Lot Sq Ft: 34848
  • Lot: .
  • Lot Type: Dimension Above
  • Rv Amenities: Area/Room For
  • Zoning: UD
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: 522257
  • Tax Years: 2021
  • Tax Amount: 3108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Nov 3, 2022
Sold by
Evenhus Kathleen R
Bought by
Matthews Shane Ray and Matthews Samantha Lynn
Seller's Agent
Shane Matthews
HOMESTAR BROKERS
Buyer's Agent
Shane Matthews
HOMESTAR BROKERS
List Price
$549,900
Sold Price
$420,000
Premium/Discount to List
-$129,900
-23.62%
Views
10
Current Estimated Value
$429,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,011
Avg. Annual Appreciation
0.63%
Original Mortgage
$315,000
Outstanding Balance
$304,113
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$124,898
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Matthews Shane Ray $420,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Shane Ray $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $420,000 -20.0% $321 / Sq Ft
09/14/2022 09/14/22 Price Changed $524,900 -4.5% $401 / Sq Ft
06/16/2022 06/16/22 For Sale $549,900 -- $420 / Sq Ft
Source: Willamette Valley MLS

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
2025 $3,403 $214,850 -- --
2024 $3,403 $208,600 -- --
2023 $3,228 $202,530 $0 $0
2022 $3,044 $196,640 $0 $0
2021 $3,015 $190,920 $0 $0
2020 $2,913 $185,360 $0 $0
2019 $2,849 $179,970 $0 $0
2018 $2,870 $0 $0 $0
2017 $2,457 $0 $0 $0
2016 $2,355 $0 $0 $0
2015 $2,329 $0 $0 $0
2014 $2,178 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 793985

Willamette Valley MLS

APN: 522257

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