NOT LISTED FOR SALE

4820 7th Ave SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $369,000 - $397,000

3 Beds
1 Bath
1,120 Sq Ft
$345/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $218,000 $195 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,368/month

65 Days on Market

Highlights

  • Wood Burning Stove
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Territorial View
  • Fenced Yard
  • Patio

About This Home

As of December 2017

Welcome home to quiet south Salem neighborhood, 3 bedrooms, 1.5 bathrooms, large private back yard with yard shed. Landmark home warranty provided, The Essential Plan $350.00 will be transferred to buyer at closing.

Last Agent to Sell the Property

MICHAEL WOODS

HOMESMART REALTY GROUP License #200702026 Listed on: 09/13/2017

HOMESMART REALTY GROUP

Last Buyer's Agent

MARIO LOPEZ

TU CASA CORPORATION License #950800190

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,096

Year Built

  • Built in 1971

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Renters Personal property
  • Legal Lot and Block 22 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,096

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Welcome home to quiet south Salem neighborhood, 3 bedrooms, 1.5 bathrooms, large private back yard with yard shed. Landmark home warranty provided, The Essential Plan $350.00 will be transferred to buyer at closing.
  • Cross Street: Boxwood
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Exclusions: Renters Personal property
  • Fireplace: Stove
  • Wood Burning Stove: Certified
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12.9, On Level: 1/Main
  • Bedroom 2: Dimensions: 9x10.6, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 8x10.6, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: Dimensions: 19x14, On Level: 1/Main
  • Kitchen: Dimensions: 10x6.8, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 194.64
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 191.96

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric, Wood, Forced Air
  • High Speed Comm Access: Unknown
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

  • Elementary School: Faye Wright
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7405
  • Flood Plain: Unknown
  • Lot: 22
  • Lot Type: Common Area
  • Price Per Acre: 1264705.88
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R95938
  • Tax Amount: 2096

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2020
Sold by
Mokalla Melinda
Bought by
Mokalla Mazda
Current Estimated Value
$386,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,405
Outstanding Balance
$186,548
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$196,480

Purchase Details

Listed on
Sep 13, 2017
Closed on
Dec 20, 2017
Sold by
Spence Majors Michiel Rg and Spence Majors Rebecca A
Bought by
Garcia Ismael Gomez
Seller's Agent
MICHAEL WOODS
HOMESMART REALTY GROUP
Buyer's Agent
MARIO LOPEZ
TU CASA CORPORATION
List Price
$220,000
Sold Price
$218,000
Premium/Discount to List
-$2,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$214,051
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2011
Sold by
Swan Timothy L and Park Eun Young
Bought by
Spence Majors Michiel Rg and Majors Thrash Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,374
Interest Rate
4.77%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 2006
Sold by
Byrd Rickey
Bought by
Swan Timothy L and Park Eun Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2006
Sold by
Burke Ingeborg M
Bought by
Byrd Rickey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2002
Sold by
Burke Inge
Bought by
Burke Ingeborg M and Ingeborg M Burke Revocable Living Trust
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
Mokalla Mazda -- None Available
Garcia Ismael Gomez $218,000 Fidelity National Title Co
Spence Majors Michiel Rg $143,000 Amerititle
Swan Timothy L $174,225 Lawyers Title Ins
Byrd Rickey $132,000 Lawyers Title Ins
Burke Ingeborg M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mokalla Mazda $207,405
Closed Garcia Ismael Gomez $214,051
Previous Owner Spence Majors Michiel R G $128,630
Previous Owner Spence Majors Michiel Rg $21,735
Previous Owner Spence Majors Michiel Rg $139,374
Previous Owner Swan Timothy L $65,000
Previous Owner Byrd Rickey $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2017 12/20/17 Sold $218,000 +1.4% $195 / Sq Ft
09/29/2017 09/29/17 Price Changed $215,000 -2.3% $192 / Sq Ft
09/13/2017 09/13/17 For Sale $220,000 -- $196 / 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 $3,369 $171,610 -- --
2023 $3,270 $166,620 $0 $0
2022 $3,083 $161,770 $0 $0
2021 $2,995 $157,060 $0 $0
2020 $2,908 $152,490 $0 $0
2019 $2,806 $148,050 $0 $0
2018 $2,855 $0 $0 $0
2017 $2,577 $0 $0 $0
2016 $2,455 $0 $0 $0
2015 $2,473 $0 $0 $0
2014 $2,390 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    MICHAEL WOODS

    HOMESMART REALTY GROUP

    (503) 510-1648

    1 Total Sale

    MICHAEL WOODS
    Section Image

  • M

    Buyer's Agent in 2017

    MARIO LOPEZ

    TU CASA CORPORATION

    (503) 949-8580

    20 Total Sales

    MARIO LOPEZ
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 724137

Willamette Valley MLS

APN: 595938

Oregon Marion County Salem 97302 Faye Wright

4820 7th Ave SE, Salem, OR

This home is located at 4820 7th Ave SE, Salem, OR 97302 since 13 September 2017 and is currently estimated at $386,051, approximately $344 per square foot. This property was built in 1971. 4820 7th Ave SE is a home located in Marion County with nearby schools including Wright Elementary School, Judson Middle School, and Sprague 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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