4940 7th Ave SE Salem, OR 97302
Faye Wright NeighborhoodEstimated Value: $376,000 - $403,000
3
Beds
2
Baths
1,092
Sq Ft
$351/Sq Ft
Est. Value
About This Home
This home is located at 4940 7th Ave SE, Salem, OR 97302 and is currently estimated at $383,350, approximately $351 per square foot. 4940 7th Ave SE is a home located in Marion County with nearby schools including Wright Elementary School, Judson Middle School, and Sprague High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 8, 2019
Sold by
Hanson Paige
Bought by
Hanson Adam R and Hanson Paige A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Outstanding Balance
$141,606
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$241,744
Purchase Details
Closed on
Apr 26, 2007
Sold by
Johns Shannon M
Bought by
Hanson Paige
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 22, 2003
Sold by
Marion Anthony L
Bought by
Johns Shannon M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hanson Adam R | -- | Accommodation | |
| Hanson Paige | $170,000 | Fidelity Natl Title Co Of Or | |
| Johns Shannon M | $118,000 | Fidelity Natl Title Co Of Or |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hanson Adam R | $161,500 | |
| Closed | Hanson Paige | $127,500 | |
| Previous Owner | Johns Shannon M | $118,000 |
Source: Public Records
Tax History Compared to Growth
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 | $3,309 | $173,560 | -- | -- |
| 2024 | $3,309 | $168,510 | -- | -- |
| 2023 | $3,211 | $163,610 | $0 | $0 |
| 2022 | $3,028 | $158,850 | $0 | $0 |
| 2021 | $2,941 | $154,230 | $0 | $0 |
| 2020 | $2,856 | $149,740 | $0 | $0 |
| 2019 | $2,755 | $145,380 | $0 | $0 |
| 2018 | $2,804 | $0 | $0 | $0 |
| 2017 | $2,531 | $0 | $0 | $0 |
| 2016 | $2,411 | $0 | $0 | $0 |
| 2015 | $2,429 | $0 | $0 | $0 |
| 2014 | $2,350 | $0 | $0 | $0 |
Source: Public Records
Map
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