NOT LISTED FOR SALE

497 Welcome Ct SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $489,647 - $522,000

3 Beds
2 Baths
1,964 Sq Ft
$257/Sq Ft Est. Value

About This Home

This home is located at 497 Welcome Ct SE, Salem, OR 97302 and is currently estimated at $505,662, approximately $257 per square foot. 497 Welcome Ct 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
Aug 20, 2020
Sold by
Floyd Wendy O
Bought by
Adsit Jason L and Adsit Patricia K
Current Estimated Value
$505,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,866
Outstanding Balance
$318,611
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Closed on
Aug 18, 2003
Sold by
Wilson Donald R and Wilson Judie G
Bought by
Floyd Wendy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2002
Sold by
Adams Ralph M and Adams Florence A
Bought by
Wilson Donald R and Wilson Judie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Adsit Jason L $342,000 First American
Floyd Wendy O $205,000 Fidelity Natl Title Co Of Or
Wilson Donald R $172,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adsit Jason L $349,866
Previous Owner Floyd Wendy O $164,000
Previous Owner Wilson Donald R $122,000
Source: Public Records

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 $5,266 $268,180 -- --
2023 $5,110 $260,370 $0 $0
2022 $4,818 $252,790 $0 $0
2021 $4,681 $245,430 $0 $0
2020 $4,544 $238,290 $0 $0
2019 $4,384 $231,350 $0 $0
2018 $4,462 $0 $0 $0
2017 $4,027 $0 $0 $0
2016 $3,836 $0 $0 $0
2015 $3,865 $0 $0 $0
2014 $3,740 $0 $0 $0
Source: Public Records

Map

Oregon Marion County Salem 97302 Faye Wright

497 Welcome Ct SE, Salem, OR

This home is located at 497 Welcome Ct SE, Salem, OR 97302 and is currently estimated at $505,662, approximately $257 per square foot. 497 Welcome Ct SE is a home located in Marion County with nearby schools including Wright Elementary School, Judson Middle School, and Sprague High School.

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