NOT LISTED FOR SALE

4842 Adobe St SE Salem, OR 97317

Estimated Value: $374,000 - $434,000

3 Beds
2 Baths
1,564 Sq Ft
$252/Sq Ft Est. Value

Last Sold January 01, 2014

Last sale price $107,301 $69 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $2,323/month

126 Days on Market

Highlights

  • Wood Burning Stove
  • Territorial View
  • 2 Car Attached Garage
  • Family Room with Fireplace
  • Fenced Yard
  • Window Unit Cooling System

About This Home

As of January 2014

This home is located at 4842 Adobe St SE, Salem, OR 97317 since 12 July 2013 and is currently estimated at $394,689, approximately $252 per square foot. This property was built in 1965. 4842 Adobe St SE is a home located in Marion County with nearby schools including Eyre Elementary School, Houck Middle School, and South Salem High School.

Last Agent to Sell the Property

John Kennedy

WINDERMERE MID VALLEY License #890600006 Listed on: 07/12/2013

Co-Listed By

RAE WILDE

WINDERMERE MID VALLEY License #980800001

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,878

Year Built

  • Built in 1965

Lot Details

  • 8,664 Sq Ft Lot
  • Lot Dimensions are 76x114
  • Fenced Yard
  • Landscaped
  • Property is zoned UD

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 1,564 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Territorial Views

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 11600

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,878

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: Nice floor plan and appears to need little repairs to be move in condition. Seller is selling in "as is" condition with no repairs allowed prior to closing, so think about FHA 203K streamline financing. Has fenced backyard with garden shed and storage area for wood for fireplace; family room is room addition (slab foundation); almost all windows updated to vinyl clad. Utilities off so show before dark or bring flashlight.
  • Cross Street: State
  • Year Built: 1965
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Family Room, Wood
  • Wood Burning Stove: Uncertified
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 10x12.10, On Level: 1/Main
  • Bedroom 2: Dimensions: 9.6x11.6, On Level: 1/Main
  • Bedroom 3: Dimensions: 8.2x9.10, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 10x11, On Level: 1/Main
  • Family Room: Dimensions: 15.4x19.8, On Level: 1/Main
  • Living Room: Dimensions: 13.3x18.10, On Level: 1/Main
  • Kitchen: Dimensions: 9.5x13, On Level: 1/Main
  • Price Per Sq Ft: 68.61
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 68.41

Exterior Features

  • Exterior Color: Cream
  • Fenced Yard: Yes
  • Foundation: Continuous, Slab
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Shingle
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric, Window Unit (AC), Forced Air
  • High Speed Comm Access: Unknown
  • Water: Private/Community/Dist
  • Water Heater: Electric

Schools

  • Elementary School: Mary Eyre
  • Middle School: Houck
  • High School: North Salem

Lot Info

  • Acres: 0.2
  • Estimated Lot Dimensions: 76x114
  • Estimated Lot Sq Ft: 8664
  • Flood Plain: Unknown
  • Lot: 11600
  • Lot Type: Dimension Above
  • Price Per Acre: 535000
  • Zoning: UD
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R24434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2013
Closed on
Dec 10, 2013
Sold by
Federal National Mortgage Association
Bought by
Farris Douglas A and Farris Beverly J
Seller's Agent
John Kennedy
WINDERMERE MID VALLEY
List Price
$120,000
Sold Price
$107,301
Premium/Discount to List
-$12,699
-10.58%
Current Estimated Value
$380,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,238
Avg. Annual Appreciation
11.65%
Original Mortgage
$80,000
Outstanding Balance
$60,602
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$325,178

Purchase Details

Closed on
May 15, 2013
Sold by
Flatt Robert and Flatt Jeffrey Paul
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 23, 2013
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association
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
Farris Douglas A $107,301 Fatco
Wells Fargo Bank Na $143,842 Fatco
Federal National Mortgage Association -- Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farris Douglas A $80,000
Previous Owner Flatt Velma Lorraine $271,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2014 01/01/14 Sold $107,301 -10.6% $69 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $120,000 -- $77 / 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 $2,878 $174,230 -- --
2023 $2,731 $169,160 $0 $0
2022 $2,575 $164,240 $0 $0
2021 $2,550 $159,460 $0 $0
2020 $4,220 $154,820 $0 $0
2019 $4,072 $150,320 $0 $0
2018 $2,426 $0 $0 $0
2017 $2,061 $0 $0 $0
2016 $1,976 $0 $0 $0
2015 $1,954 $0 $0 $0
2014 $1,819 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 666736

Willamette Valley MLS

APN: 524434