$88,000
SOLD MAR 5, 2013

4870 7th Ave SE Salem, OR 97302

Faye Wright Neighborhood
3 Beds
2 Baths
1,120 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$79 Per Sq Ft

12% Below List Price

33 Days on Market

Highlights

  • Wood Burning Stove
  • Fenced Yard
  • Cooling Available
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Patio

About This Home

As of May 2013

This home is located at 4870 7th Ave SE, Salem, OR 97302 and is currently priced at $88,000, approximately $78 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 Agent to Sell the Property

RICK AND ANDE HOFMANN

HOMESMART REALTY GROUP License #780301655 Listed on: 01/31/2013

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

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

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 27

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Yes
  • Range Facility: Electric, Built-In
  • Syndicated Remarks: Good potential! Bring a hammer and nails! Large living room. Slider to fenced backyard. Nice size lot.
  • Cross Street: Justice St. SE
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Wood Burning Stove: Uncertified
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 1.5
  • 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
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 78.57
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 88.84

Exterior Features

  • Patio: Patio
  • Exterior Color: Light 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: Electric, Baseboard
  • Water: City
  • Water Heater: Electric

Schools

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

Lot Info

  • Acres: 0.16
  • Estimated Lot Sq Ft: 6970
  • Lot: 27
  • Lot Type: Irregular
  • Price Per Acre: 621875
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 12-13
  • Tax Account Number: R95943
  • Tax Amount: 2252

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
$375,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,197
Avg. Annual Appreciation
7.89%
Original Mortgage
$143,846
Interest Rate
3.38%
Mortgage Type
FHA

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:

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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 Type Sale Price Title Company
Warranty Deed $146,500 Amerititle
Warranty Deed $88,000 First American
Warranty Deed $66,666 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,900 New Conventional
Open $1,730,000 New Conventional
Closed $143,846 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

    83 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

    110 Total Sales

    Carrie Hamilton
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 660445

Willamette Valley MLS

APN: 595943

Oregon Marion County Salem 97302 Faye Wright

4870 7th Ave SE, Salem, OR

This home is located at 4870 7th Ave SE, Salem, OR 97302 and is currently priced at $88,000, approximately $78 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.

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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