$185,000
SOLD MAR 4, 2019

490 Academy St NE Salem, OR 97301

Highland Neighborhood
3 Beds
1.5 Baths
1,260 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$147 Per Sq Ft

8% Below List Price

71 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • 1-Story Property
  • Home Office
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of April 2022

Corner lot! Open floor plan. Open kitchen. Tandem garage and separate RV pad. Fully fenced yard. Great 1st time home buyer or investment property. Well established neighborhood. Hard to find a 3 bedroom in this price range. Close to downtown and Parkway for easy I-5 acess.

Last Agent to Sell the Property

Amy Clark

BRIGHTHOME REAL ESTATE GROUP License #200606359 Listed on: 11/15/2018

Co-Listed By

HEATHER RAUH

HOMESMART REALTY GROUP License #201221169

Last Buyer's Agent

Angela Millard

HEART & SOUL REALTY License #201214763

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,828

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced Yard
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof

Interior Spaces

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

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Freezer Chest, All Personal Property, Wdw AC Unit
  • Legal Lot and Block 300 / 3024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,828

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Corner lot! Open floor plan. Open kitchen. Tandem garage and separate RV pad. Fully fenced yard. Great 1st time home buyer or investment property. Well established neighborhood. Hard to find a 3 bedroom in this price range. Close to downtown and Parkway for easy I-5 acess.
  • Cross Street: Broadway
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Freezer Chest, All Personal Property, Wdw AC Unit
  • Negotiable Inclusions: Refrigerator
  • Flooring: Carpet, Wood, Tile, Vinyl
  • 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
  • Bonus Rooms: Office
  • Price Per Sq Ft: 146.83
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 146.83

Exterior Features

  • Fenced Yard: Yes
  • Foundation: Continuous
  • Roof: Shingle

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Oil, Window Unit (AC), Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

  • Elementary School: Highland
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.11
  • Estimated Lot Sq Ft: 4792
  • Lot: 300
  • Price Per Acre: 1681818.18
  • Rv Amenities: Pad
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2017
  • Tax Account Number: R78199
  • Tax Amount: 1828

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
$331,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,703
Avg. Annual Appreciation
1.97%
Original Mortgage
$294,500
Outstanding Balance
$277,959
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$53,744

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 Type Sale Price Title Company
Warranty Deed $310,000 First American Title
Warranty Deed $185,000 First American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,500 New Conventional
Previous Owner $189,440 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2022 04/14/22 Sold $310,000 +3.7% $246 / Sq Ft View Prior Sale
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

    42 Total Sales

    MICHAEL KEMRY
    Section Image
  • Amy Clark

    Seller's Agent in 2019

    Amy Clark

    BRIGHTHOME REAL ESTATE GROUP

    (503) 580-7190

    2 in this area

    182 Total Sales

    Amy Clark
    Section Image

  • H

    Seller Co-Listing Agent in 2019

    HEATHER RAUH

    HOMESMART REALTY GROUP

    (971) 373-5379

    2 in this area

    64 Total Sales

    HEATHER RAUH
    Section Image
  • Angela Millard

    Buyer's Agent in 2019

    Angela Millard

    HEART & SOUL REALTY

    (503) 409-1850

    82 Total Sales

    Angela Millard
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 741315

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 and is currently priced at $185,000, approximately $146 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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