NOT LISTED FOR SALE

4981 Fontana St SE Unit 4985 Salem, OR 97317

Estimated Value: $468,000 - $557,000

3 Beds
4 Baths
2,212 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 4981 Fontana St SE Unit 4985, Salem, OR 97317 and is currently estimated at $505,198, approximately $228 per square foot. 4981 Fontana St SE Unit 4985 is a home located in Marion County with nearby schools including Eyre Elementary School, Houck Middle School, and South Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
8020 Property Llc
Bought by
Spies Paul A and Spies Elizabeth
Current Estimated Value
$505,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,401,000
Outstanding Balance
$2,195,786
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
-$1,696,592

Purchase Details

Closed on
Sep 9, 2019
Sold by
Folkerts John F and Folkerts Karen M
Bought by
8020 Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,300
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Westrend Homes Llc
Bought by
Folkerts John F and Folkerts Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2003
Sold by
Willamette Development Co Partnership
Bought by
Westrend Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Spies Paul A -- Ticor Title
8020 Property Llc $300,000 Ticor Title
Folkerts John F $226,600 Fidelity Natl Title Co Of Or
Westrend Homes Llc $51,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spies Paul A $2,401,000
Previous Owner 8020 Property Llc $276,300
Previous Owner Folkerts John F $171,500
Previous Owner Folkerts John $66,000
Previous Owner Folkerts John F $162,000
Previous Owner Westrend Homes Llc $175,200
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 $4,916 $275,090 -- --
2023 $4,605 $267,080 $0 $0
2022 $4,294 $259,310 $0 $0
2021 $5,032 $251,760 $0 $0
2020 $3,897 $244,430 $0 $0
2019 $3,929 $237,320 $0 $0
2018 $3,965 $0 $0 $0
2017 $3,283 $0 $0 $0
2016 $3,296 $0 $0 $0
2015 $3,128 $0 $0 $0
2014 $2,918 $0 $0 $0
Source: Public Records

Map

Oregon Marion County Salem 97317

4981 Fontana St SE Unit 4985, Salem, OR

This home is located at 4981 Fontana St SE Unit 4985, Salem, OR 97317 and is currently estimated at $505,198, approximately $228 per square foot. 4981 Fontana St SE Unit 4985 is a home located in Marion County with nearby schools including Eyre Elementary School, Houck Middle School, and South 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.

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