NOT LISTED FOR SALE

475 Waldo Ave SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $631,000 - $711,872

3 Beds
4 Baths
3,494 Sq Ft
$194/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $220,000 $63 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $4,181/month

70 Days on Market

Highlights

  • 0.4 Acre Lot
  • First Floor Utility Room
  • Forced Air Heating System
  • Main Floor Primary Bedroom

About This Home

As of December 2012

This home is located at 475 Waldo Ave SE, Salem, OR 97302 since 21 September 2012 and is currently estimated at $678,218, approximately $194 per square foot. This property was built in 1959. 475 Waldo Ave SE is a home located in Marion County with nearby schools including McKinley Elementary School, Leslie Middle School, and South Salem High School.

Last Agent to Sell the Property

Aaron Rian

THE BROKERAGE HOUSE License #200711174 Listed on: 09/21/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,781

Year Built

  • Built in 1959

Lot Details

  • 0.4 Acre Lot

Home Design

  • Cedar Siding

Interior Spaces

  • 3,494 Sq Ft Home
  • 2-Story Property
  • First Floor Utility Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • 2 Car Garage
  • Carport

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2 & 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,781

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Syndicated Remarks: One of a kind home!Frank Lloyd Wright inspired!Beautiful Brazilian cherry hardwoods,white stone fireplace,exposed beams, atrium bamboo space,and much more.Huge master bedroom,office, storage space,carport,and a large studio with separate entrance. Studio space can be rented out.3 levels and a massive backyard. Lot sits on .4 acre!This is a special property. A must see!
  • Cross Street: Commercial
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Number of Main Level Bathrooms: 3
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Dining Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 62.97
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 71.55

Exterior Features

  • Siding: Cedar

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Forced Air
  • Water: City
  • Water Heater: Electric

Schools

  • Elementary School: McKinley
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.4
  • Estimated Lot Sq Ft: 17424
  • Lot: 2 & 3
  • Price Per Acre: 624997.5
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R85428
  • Tax Amount: 4781

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2012
Closed on
Dec 18, 2012
Sold by
Rhay Georgia Dean
Bought by
Cline Joseph M and Cline Jane S
Seller's Agent
Aaron Rian
THE BROKERAGE HOUSE
List Price
$299,900
Sold Price
$220,000
Premium/Discount to List
-$79,900
-26.64%
Current Estimated Value
$653,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,432
Avg. Annual Appreciation
8.74%

Purchase Details

Closed on
Aug 11, 2005
Sold by
Morris Theodore N and Morris Jean E
Bought by
Rhay Georgia Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Cline Joseph M $220,000 Lawyers Title
Rhay Georgia Dean $261,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhay Georgia Dean $208,800
Previous Owner Morris Theodore N $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $220,000 -26.6% $63 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
09/21/2012 09/21/12 For Sale $299,900 -- $86 / 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 $7,238 $368,660 -- --
2023 $7,025 $357,930 $0 $0
2022 $6,624 $347,510 $0 $0
2021 $6,434 $337,390 $0 $0
2020 $6,440 $327,570 $0 $0
2019 $6,027 $318,030 $0 $0
2018 $6,134 $0 $0 $0
2017 $5,536 $0 $0 $0
2016 $5,273 $0 $0 $0
2015 $5,313 $0 $0 $0
2014 $4,948 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Aaron Rian

    THE BROKERAGE HOUSE

See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 658094

Willamette Valley MLS

APN: 585428

Oregon Marion County Salem 97302 South Central

475 Waldo Ave SE, Salem, OR

This home is located at 475 Waldo Ave SE, Salem, OR 97302 since 21 September 2012 and is currently estimated at $678,218, approximately $194 per square foot. This property was built in 1959. 475 Waldo Ave SE is a home located in Marion County with nearby schools including McKinley Elementary School, Leslie Middle School, and South Salem 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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