NOT LISTED FOR SALE

490 Academy St NE Salem, OR 97301

Highland Neighborhood

Estimated Value: $319,000 - $349,231

3 Beds
1.5 Baths
1,260 Sq Ft
$267/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $310,000 $246 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,032/month

24 Days on Market

About This Home

As of April 2022

Sold Comp.

Last Agent to Sell the Property

MICHAEL KEMRY

HARCOURTS SILVERTON License #201218626 Listed on: 02/18/2022

HARCOURTS SILVERTON

Last Buyer's Agent

MICHAEL KEMRY

HARCOURTS SILVERTON License #201218626 Listed on: 02/18/2022

HARCOURTS SILVERTON

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,390

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,390

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: Sold Comp.
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 246.03
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 237.3

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Lot Info

  • Acres: 0.11
  • Lot: 1
  • Price Per Acre: 2718181.82
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: 78199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Apr 12, 2022
Sold by
Kay Shaw-Boell Raechel
Bought by
Schreiber Tyler and Jimenez Elizabeth
Seller's Agent
MICHAEL KEMRY
HARCOURTS SILVERTON
Buyer's Agent
MICHAEL KEMRY
HARCOURTS SILVERTON
List Price
$299,000
Sold Price
$310,000
Premium/Discount to List
$11,000
3.68%
Current Estimated Value
$336,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,308
Avg. Annual Appreciation
2.46%
Original Mortgage
$294,500
Outstanding Balance
$278,830
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$57,478

Purchase Details

Listed on
Nov 15, 2018
Closed on
Mar 1, 2019
Sold by
Ward Gary Lee
Bought by
Shaw Boell Raechel Kay
Seller's Agent
Amy Clark
BRIGHTHOME REAL ESTATE GROUP
Buyer's Agent
Angela Millard
HEART & SOUL REALTY
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%
Original Mortgage
$189,440
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Mar 29, 2016
Sold by
Ward Gary Lee
Bought by
Ward Gary Lee
Source: Public Records

Range of Values:

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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
Schreiber Tyler $310,000 First American Title
Shaw Boell Raechel Kay $185,000 First American Title
Ward Gary Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schreiber Tyler $294,500
Previous Owner Shaw Boell Raechel Kay $189,440
Previous Owner Ward Gary Lee $44,107
Previous Owner Sanchez Karen A $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $310,000 +3.7% $246 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $299,000 +61.6% $237 / Sq Ft
03/04/2019 03/04/19 Sold $185,000 0.0% $147 / Sq Ft
01/04/2019 01/04/19 Price Changed $185,000 -2.6% $147 / Sq Ft
12/23/2018 12/23/18 Price Changed $190,000 -5.0% $151 / Sq Ft
11/15/2018 11/15/18 For Sale $200,000 -- $159 / 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 $2,390 $121,730 -- --
2023 $2,320 $118,190 $0 $0
2022 $2,187 $114,750 $0 $0
2021 $2,125 $111,410 $0 $0
2020 $2,127 $108,170 $0 $0
2019 $1,990 $105,020 $0 $0
2018 $2,026 $0 $0 $0
2017 $1,828 $0 $0 $0
2016 $1,741 $0 $0 $0
2015 $1,755 $0 $0 $0
2014 $1,342 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • MICHAEL KEMRY

    Seller's Agent in 2022

    MICHAEL KEMRY

    HARCOURTS SILVERTON

    (503) 851-2914

    1 in this area

    39 Total Sales

    Section Image
  • Amy Clark

    Seller's Agent in 2019

    Amy Clark

    BRIGHTHOME REAL ESTATE GROUP

    (503) 580-7190

    2 in this area

    190 Total Sales

    Section Image

  • H

    Seller Co-Listing Agent in 2019

    HEATHER RAUH

    HOMESMART REALTY GROUP

    (971) 373-5379

    2 in this area

    63 Total Sales

    Section Image
  • Angela Millard

    Buyer's Agent in 2019

    Angela Millard

    HEART & SOUL REALTY

    (503) 409-1850

    82 Total Sales

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 791308

Willamette Valley MLS

APN: 578199

Oregon Marion County Salem 97301 Highland

490 Academy St NE, Salem, OR

This home is located at 490 Academy St NE, Salem, OR 97301 since 18 February 2022 and is currently estimated at $336,308, approximately $266 per square foot. This property was built in 1950. 490 Academy St NE is a home located in Marion County with nearby schools including Highland Elementary School, Parrish Middle School, and North Salem 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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