NOT LISTED FOR SALE

4870 7th Ave SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $386,443 - $409,000

3 Beds
1.5 Baths
1,120 Sq Ft
$353/Sq Ft Est. Value

Last Sold May 30, 2013

Last sale price $146,500 $131 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,363/month

51 Days on Market

Highlights

  • Breakfast Area or Nook
  • 2 Car Attached Garage
  • 1-Story Property
  • Fenced Yard
  • Tile Flooring
  • Landscaped

About This Home

As of May 2013

This home is located at 4870 7th Ave SE, Salem, OR 97302 since 09 April 2013 and is currently estimated at $394,861, approximately $352 per square foot. This property was built in 1971. 4870 7th Ave SE is a home located in Marion County with nearby schools including Wright Elementary School, Judson Middle School, and Sprague High School.

Last Buyer's Agent

Carrie Hamilton

RE/MAX INTEGRITY - SALEM License #200402423

RE/MAX INTEGRITY - SALEM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,337

Year Built

  • Built in 1971

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 27

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,337

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Beautifully updated home in South Salem. New roof, new forced air furnace, new paint inside and out, new carpet, ss appliances, new counter tops, new tile, lights, glass backsplash and more. A must see!!
  • Cross Street: Boxwood & 7th
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Negotiable Inclusions: Frig,Range,D/W
  • Flooring: Carpet, Tile
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook
  • Source Of Sq Ft: County

Exterior Features

  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.16
  • Estimated Lot Sq Ft: 6970
  • Lot: 27
  • Lot Type: Common Area
  • Geo Subdivision: OR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2013
Closed on
May 30, 2013
Sold by
Gidley Capital Llc
Bought by
Serna Alexis and Serna Julie M
Buyer's Agent
Carrie Hamilton
RE/MAX INTEGRITY - SALEM
List Price
$149,900
Sold Price
$146,500
Premium/Discount to List
-$3,400
-2.27%
Current Estimated Value
$394,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,361
Avg. Annual Appreciation
8.26%
Original Mortgage
$143,846
Outstanding Balance
$101,121
Interest Rate
3.38%
Mortgage Type
FHA
Estimated Equity
$293,740

Purchase Details

Listed on
Jan 31, 2013
Closed on
Mar 1, 2013
Sold by
Blank Richard C and Blank David A
Bought by
Gidley Capital Llc
Seller's Agent
RICK AND ANDE HOFMANN
HOMESMART REALTY GROUP
List Price
$99,500
Sold Price
$88,000
Premium/Discount to List
-$11,500
-11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
736.20%

Purchase Details

Closed on
Oct 1, 2002
Sold by
West Walter L and West Helen D
Bought by
Blank Anona
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Serna Alexis $146,500 Amerititle
Gidley Capital Llc $88,000 First American
Blank Anona $66,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serna Alexis $143,846
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2013 05/30/13 Sold $146,500 -2.3% $131 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $149,900 +70.3% $134 / Sq Ft
03/05/2013 03/05/13 Sold $88,000 -11.6% $79 / Sq Ft View Prior Sale
03/05/2013 03/05/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $99,500 -- $89 / 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 $3,337 $175,060 -- --
2024 $3,337 $169,970 -- --
2023 $3,239 $165,020 $0 $0
2022 $3,054 $160,220 $0 $0
2021 $2,967 $155,560 $0 $0
2020 $2,880 $151,030 $0 $0
2019 $2,779 $146,640 $0 $0
2018 $2,828 $0 $0 $0
2017 $2,553 $0 $0 $0
2016 $2,432 $0 $0 $0
2015 $2,450 $0 $0 $0
2014 $2,371 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • RICK AND ANDE HOFMANN

    Seller's Agent in 2013

    RICK AND ANDE HOFMANN

    HOMESMART REALTY GROUP

    (503) 881-3888

    72 Total Sales

    RICK AND ANDE HOFMANN
    Section Image
  • Carrie Hamilton

    Buyer's Agent in 2013

    Carrie Hamilton

    RE/MAX

    (503) 999-4266

    3 in this area

    111 Total Sales

    Carrie Hamilton
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 662800

Willamette Valley MLS

APN: 595943

Oregon Marion County Salem 97302 Faye Wright

4870 7th Ave SE, Salem, OR

Not Listed for Sale

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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