NOT LISTED FOR SALE

4860 7th Ave SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $448,000 - $569,000

4 Beds
2 Baths
1,930 Sq Ft
$254/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $415,000 $215 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,093/month

6 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Fenced Yard
  • Family Room with Fireplace
  • Lower Floor Utility Room
  • 2 Car Attached Garage

About This Home

As of July 2021

Extensively updated home on quiet street within 2 blocks of city park. Roof, windows, paint, floor coverings, kitchen & bathrooms have all been updated. Fully fenced backyard with fruit tree, deck & good privacy. Both living room& family room are large. Living room has fireplace & family room has a nice modern pellet stove.

Last Listed By

Levi Wilson

NED BAKER REAL ESTATE License #200111024 Listed on: 06/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,061

Year Built

  • Built in 1971

Lot Details

  • 6,570 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Split Foyer
  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,930 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Lower Floor Utility Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Utilities

  • Zoned Heating and Cooling
  • Pellet Stove burns compressed wood to generate heat
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 26

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,061

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: Split Entry
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Extensively updated home on quiet street within 2 blocks of city park. Roof, windows, paint, floor coverings, kitchen & bathrooms have all been updated. Fully fenced backyard with fruit tree, deck & good privacy. Both living room& family room are large. Living room has fireplace & family room has a nice modern pellet stove.
  • Cross Street: Boxwood
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room, Living Room, Pellet
  • Negotiable Inclusions: Fridge, Range, Washer/Dryer & Window Coverings
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: Lower/Basement
  • Bedroom 4: On Level: Lower/Basement
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: Lower/Basement
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Price Per Sq Ft: 215.03
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 207.2

Exterior Features

  • Patio: Deck
  • Exterior Color: Blue
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Electric, Zonal
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Electric

Schools

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

Lot Info

  • Acres: 0.15
  • Estimated Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 6570
  • Lot: 26
  • Lot Type: Irregular
  • Price Per Acre: 2666000
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 20-21
  • Tax Account Number: 595942
  • Tax Amount: 4061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 24, 2021
Sold by
Lambert Allen
Bought by
Lara Alma Veronica Martinez
Seller's Agent
Levi Wilson
NED BAKER REAL ESTATE
Buyer's Agent
Antonio Trejo
TU CASA CORPORATION
List Price
$399,900
Sold Price
$415,000
Premium/Discount to List
$15,100
3.78%
Total Days on Market
6
Current Estimated Value
$489,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,434
Avg. Annual Appreciation
2.73%
Original Mortgage
$394,250
Outstanding Balance
$364,144
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$95,391

Purchase Details

Listed on
Aug 31, 2016
Closed on
Feb 3, 2017
Sold by
Dyer Harold R
Bought by
Lambert Allen
Seller's Agent
Brenda Schamp
NORTHWEST INVESTOR REALTY
Buyer's Agent
Damonian Pike
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$275,000
Sold Price
$254,500
Premium/Discount to List
-$20,500
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%
Original Mortgage
$203,600
Interest Rate
4.32%
Mortgage Type
New Conventional

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
Lara Alma Veronica Martinez $415,000 First American
Lambert Allen $254,500 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Alma Veronica Martinez $394,250
Previous Owner Lambert Allen $203,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $415,000 +3.8% $215 / Sq Ft
06/16/2021 06/16/21 For Sale $399,900 +57.1% $207 / Sq Ft
02/10/2017 02/10/17 Sold $254,500 -7.5% $132 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $275,000 -- $142 / 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 $4,565 $232,490 -- --
2023 $4,430 $225,720 $0 $0
2022 $4,177 $219,150 $0 $0
2021 $4,058 $212,770 $0 $0
2020 $4,061 $206,580 $0 $0
2019 $3,801 $200,570 $0 $0
2018 $3,868 $0 $0 $0
2017 $3,491 $0 $0 $0
2016 $3,183 $0 $0 $0
2015 $3,207 $0 $0 $0
2014 $3,103 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Levi Wilson

    Seller's Agent in 2021

    Levi Wilson

    NED BAKER REAL ESTATE

    (503) 881-5286

    6 in this area

    167 Total Sales

    Levi Wilson
    Section Image
  • Antonio Trejo

    Buyer's Agent in 2021

    Antonio Trejo

    TU CASA CORPORATION

    (503) 580-1745

    2 in this area

    157 Total Sales

    Antonio Trejo
    Section Image
  • Brenda Schamp

    Seller's Agent in 2017

    Brenda Schamp

    NORTHWEST INVESTOR REALTY

    (541) 223-8258

    1 in this area

    44 Total Sales

    Brenda Schamp
    Section Image
  • Damonian Pike

    Buyer's Agent in 2017

    Damonian Pike

    BHHS Oregon- Professionals

    (971) 600-6632

    2 in this area

    73 Total Sales

    Damonian Pike
    Section Image
See All Agents

Map

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Source: Willamette Valley MLS

MLS Number: 779184

Willamette Valley MLS

APN: 595942

Oregon Marion County Salem 97302 Faye Wright

4860 7th Ave SE, Salem, OR

Homes for Sale in Salem, OR

This home is located at 4860 7th Ave SE, Salem, OR 97302 since 16 June 2021 and is currently estimated at $489,434, approximately $253 per square foot. This property was built in 1971. 4860 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