NOT LISTED FOR SALE

5032 Lone Oak Rd SE Salem, OR 97306

Faye Wright Neighborhood

Estimated Value: $349,000 - $403,000

3 Beds
1 Bath
1,107 Sq Ft
$346/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $325,000 $294 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,372/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Views
  • 1-Story Property
  • Attached Garage

About This Home

As of April 2021

Cute, Cozy, & Conveniently located in South Salem! This adorable single level home features ample storage in the kitchen; stainless steel range, refrigerator, and built in microwave; fireplace; and hardwood floors from the front family room throughout all 3 bedrooms! This property features a large front yard, a fully-fenced backyard complete with a patio and storage shed, as well as room for either RV or Boat storage!

Last Agent to Sell the Property

Shawn Richardson

Opt License #201210661 Listed on: 03/18/2021

Opt

Last Buyer's Agent

Shane Hunter

Coho Realty License #201229865

Coho Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,076

Year Built

  • Built in 1964

Lot Details

  • 10,454

Parking

  • Attached Garage
  • Driveway
  • RV Access or Parking

Additional Features

  • 1-Story Property
  • Property is zoned RS
  • Property Views

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,076

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 1 Story
  • Sq Ft Calculated: 1107
  • Sq Ft Approximate Total: 1107
  • Stories: 1
  • Year Built: 1964
  • Property Condition: Resale
  • Remarks Public: Cute, Cozy, & Conveniently located in South Salem! This adorable single level home features ample storage in the kitchen; stainless steel range, refrigerator, and built in microwave; fireplace; and hardwood floors from the front family room throughout all 3 bedrooms! This property features a large front yard, a fully-fenced backyard complete with a patio and storage shed, as well as room for either RV or Boat storage!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Legal Description: SUNNYSIDE FRUIT FARMS NO 3, LOT FR 84, ACRES 0.24
  • Sq Ft Main Level: 1107
  • Bedrooms: 3
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 1
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1

Exterior Features

  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • View: Territorial
  • R V Description: RV Parking
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public

Schools

  • Elementary School: Wright
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 0.24
  • Zoning: RS

Tax Info

  • Tax Amount: 2655.13
  • Assessor Parcel Number: R93581
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wright
  • High School: Sprague
  • Middle School: Judson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 21, 2021
Sold by
Ledgerwood Gary and Ledgerwood Nicolaza
Bought by
Phillips Eric Leon
Seller's Agent
Shawn Richardson
Opt
Buyer's Agent
Shane Hunter
Coho Realty
List Price
$300,000
Sold Price
$325,000
Premium/Discount to List
$25,000
8.33%
Current Estimated Value
$388,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,319
Avg. Annual Appreciation
3.48%
Original Mortgage
$308,750
Outstanding Balance
$282,561
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$94,338

Purchase Details

Listed on
Mar 23, 2016
Closed on
Jun 16, 2016
Sold by
Fannie Mae
Bought by
Ledgerwood Gary and Ledgerwood Nicolaza
Seller's Agent
Brian Smith
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Amy McLeod
KELLER WILLIAMS CAPITAL CITY
List Price
$174,900
Sold Price
$186,000
Premium/Discount to List
$11,100
6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%
Original Mortgage
$158,100
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2016
Sold by
Fleischhans Philpot Patricia A
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
May 1, 2015
Sold by
Fleischhans Philpot Patricia
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Apr 3, 2006
Sold by
Shoen Pamela A
Bought by
Fleischhans Philpot Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
6.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 20, 2003
Sold by
Fisk Jessica A and Fisk Aaron D
Bought by
Shoen Pamela A and The Pamela A Shoen Trust
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
Phillips Eric Leon $325,000 First American
Ledgerwood Gary $186,000 Amerititle
Federal National Mortgage Association $122,889 None Available
Federal National Mortgage Association $122,889 None Available
Fleischhans Philpot Patricia $130,000 Amerititle
Shoen Pamela A $124,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Eric Leon $26,000
Open Phillips Eric Leon $308,750
Previous Owner Ledgerwood Gary $158,100
Previous Owner Fleischhans Philpot Patricia $43,000
Previous Owner Fleischhans Philpot Patricia $26,000
Previous Owner Fleischhans Philpot Patricia $104,000
Previous Owner Fleischhans Philpot Patricia $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $325,000 +8.3% $294 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $300,000 +61.3% $271 / Sq Ft
06/21/2016 06/21/16 Sold $186,000 +6.3% $168 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $174,900 -- $158 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $3,076 $156,690 -- --
2023 $2,986 $152,130 $0 $0
2022 $2,815 $147,700 $0 $0
2021 $2,735 $143,400 $0 $0
2020 $2,737 $139,230 $0 $0
2019 $2,641 $135,180 $0 $0
2018 $2,607 $0 $0 $0
2017 $2,353 $0 $0 $0
2016 $2,241 $0 $0 $0
2015 $2,258 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shawn Richardson

    Seller's Agent in 2021

    Shawn Richardson

    Opt

    (208) 912-5591

    2 in this area

    33 Total Sales

    Section Image
  • Shane Hunter

    Buyer's Agent in 2021

    Shane Hunter

    Coho Realty

    (503) 991-8203

    4 in this area

    75 Total Sales

    Section Image
  • Brian Smith

    Seller's Agent in 2016

    Brian Smith

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 551-8510

    2 in this area

    157 Total Sales

    Section Image
  • Amy McLeod

    Buyer's Agent in 2016

    Amy McLeod

    KELLER WILLIAMS CAPITAL CITY

    (971) 208-5093

    7 in this area

    309 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21155516

Regional Multiple Listing Service (RMLS)

APN: 593581

Oregon Marion County Salem 97302 Faye Wright

5032 Lone Oak Rd SE, Salem, OR

This home is located at 5032 Lone Oak Rd SE, Salem, OR 97306 since 18 March 2021 and is currently estimated at $382,790, approximately $345 per square foot. This property was built in 1964. 5032 Lone Oak Rd SE is a home located in Marion County with nearby schools including Wright Elementary School, Judson Middle School, and Sprague 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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