NOT LISTED FOR SALE

4840 Orchard Heights Rd NW Salem, OR 97304

Spring Valley Neighborhood

Estimated Value: $1,019,000 - $1,211,000

4 Beds
3.5 Baths
2,986 Sq Ft
$372/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $715,000 $239 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,659/month

340 Days on Market

Highlights

  • Barn
  • Spa
  • 15.48 Acre Lot
  • Horses Allowed in Community
  • RV Access or Parking
  • Mountain View

About This Home

As of May 2015

Stunning remodeled single level, 2986 sf home, 4 bedroom/ 3.5 baths on 15.48 acres. You can not see this home from Orchard Hts, its sits far off the road, where it is very peaceful & quiet. Fabulous gourmet kitchen, slab granite countertops, Thermador gas range, Homerwood HW flrs, new vinyl windows, along with a 60x108 indoor arena w/ sprinkler system, sand/ rubber footing & viewing room, 30 stalls & 4 tack rooms, plenty of room for all your horses. Come see this home.

Last Listed By

Janice Womack

WOMACK REALTY License #910400157 Listed on: 06/05/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,459

Year Built

  • Built in 1978

Lot Details

  • 15.48 Acre Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned EFU

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 2,986 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Mountain Views

Kitchen

  • Convection Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • Barn

Community Details

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,459

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Dual Living: Possible
  • Handicap Amenities: Yes (Refer To Remarks)
  • Range Facility: Propane, Built-In, Convection
  • Syndicated Remarks: Stunning remodeled single level, 2986 sf home, 4 bedroom/ 3.5 baths on 15.48 acres. You can not see this home from Orchard Hts, its sits far off the road, where it is very peaceful & quiet. Fabulous gourmet kitchen, slab granite countertops, Thermador gas range, Homerwood HW flrs, new vinyl windows, along with a 60x108 indoor arena w/ sprinkler system, sand/ rubber footing & viewing room, 30 stalls & 4 tack rooms, plenty of room for all your horses. Come see this home.
  • Cross Street: Wallace Rd NW
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Family Room, Wood
  • Negotiable Inclusions: Hot tub/Thermadore Range/Dishwasher
  • Wood Burning Stove: Certified
  • Flooring: Carpet, Wood, Tile, Vinyl
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 3.5
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 14.10x20.6, On Level: 1/Main
  • Bedroom 2: Dimensions: 11x12.6, On Level: 1/Main
  • Bedroom 3: Dimensions: 11x12, On Level: 1/Main
  • Bedroom 4: Dimensions: 17x14.6, On Level: 1/Main
  • Additional Room: Dimensions: 8.6x7
  • Dining Room: 1/Main, Dimensions: 12x11.7, On Level: 1/Main
  • Family Room: Dimensions: 17x19.4, On Level: 1/Main
  • Living Room: Dimensions: 15.10x20, On Level: 1/Main
  • Kitchen: Dimensions: 11x17, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 239.45
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 234.09

Exterior Features

  • Patio: Deck
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Barn
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap
  • Swimming Pool: Hot Tub
  • View: Mountain

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Heat Pump, Forced Air
  • Sewer City: Yes
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Homeowners Assn Amnts: Equestrian

Schools

  • Elementary School: Chapman Hill
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 15.48
  • Lot Type: Dimension Above
  • Price Per Acre: 45155.04
  • Rv Amenities: Area/Room For
  • Zoning: EFU
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 13-14
  • Tax Account Number: 269380
  • Tax Amount: 3459

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2014
Closed on
May 7, 2015
Sold by
Koschnick Jerry C and Koschnick Judith K
Bought by
Hanke Mark W and Hanke Kerri E
Seller's Agent
Janice Womack
WOMACK REALTY
Buyer's Agent
SHERRI SPERLING
SHERRI SPERLING REALTY
List Price
$699,000
Sold Price
$715,000
Premium/Discount to List
$16,000
2.29%
Total Days on Market
340
Current Estimated Value
$1,110,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,809
Avg. Annual Appreciation
4.48%
Original Mortgage
$533,250
Outstanding Balance
$416,107
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$694,702

Purchase Details

Closed on
Jun 9, 2005
Sold by
Ward Darrell L and Ward Betty M
Bought by
Koschnick Jerry C and Koschnick Judith K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

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
Hanke Mark W $711,000 Amerititle
Koschnick Jerry C $610,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanke Mark W $533,250
Previous Owner Koschnick Jerry C $310,000
Previous Owner Koschnick Jerry C $137,000
Previous Owner Koschnick Jerry C $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2015 05/11/15 Sold $715,000 +2.3% $239 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
06/05/2014 06/05/14 For Sale $699,000 -- $234 / 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
2025 $5,297 $458,298 $19,548 $438,750
2024 $5,297 $445,078 $19,098 $425,980
2023 $5,173 $432,243 $18,663 $413,580
2022 $5,019 $419,783 $18,243 $401,540
2021 $4,892 $407,686 $17,836 $389,850
2020 $4,758 $395,934 $17,434 $378,500
2019 $4,587 $384,525 $17,045 $367,480
2018 $4,503 $373,449 $16,669 $356,780
2017 $3,928 $362,698 $16,298 $346,400
2016 $3,901 $352,260 $15,940 $336,320
2015 $3,796 $323,025 $15,595 $307,430
2014 $3,222 $294,414 $25,554 $268,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 677633

Willamette Valley MLS

APN: 269380