NOT LISTED FOR SALE

5041 Dakota Rd SE Salem, OR 97306

Faye Wright Neighborhood

Estimated Value: $352,000 - $393,300

3 Beds
1.5 Baths
1,056 Sq Ft
$346/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $186,000 $176 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,268/month

21 Days on Market

Highlights

  • Living Room with Fireplace
  • 2 Car Attached Garage
  • Shed
  • First Floor Utility Room
  • Patio
  • Tile Flooring

About This Home

As of March 2017

**Bank Owned / REO / Foreclosure** Outstanding south Salem location in Sprague school district. Kitchen appears to be updated. 3BR single level rancher would make a great rental or first time home. Huge backyard. Central A/C and gas heat. Needs some TLC that appears to be mostly cosmetic. See REO Instructions.

Last Agent to Sell the Property

Derrick Emmerty

WHITE STAR REALTY INC License #200103075 Listed on: 01/19/2017

Last Buyer's Agent

Tiffany Gidley

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #980700148

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1973

Lot Details

  • 10,019 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • First Floor Utility Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 4 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,438

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: **Bank Owned / REO / Foreclosure** Outstanding south Salem location in Sprague school district. Kitchen appears to be updated. 3BR single level rancher would make a great rental or first time home. Huge backyard. Central A/C and gas heat. Needs some TLC that appears to be mostly cosmetic. See REO Instructions.
  • Year Built: 1973
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room
  • Flooring: Carpet, Tile, Vinyl
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 176.14
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 173.86

Exterior Features

  • Patio: Patio
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • Sewer City: Yes
  • Water: City

Schools

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

Lot Info

  • Acres: 0.23
  • Estimated Lot Sq Ft: 10019
  • Lot: 4
  • Lot Type: Common Area
  • Price Per Acre: 798260.87
  • Zoning: Res
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2016-2017
  • Tax Account Number: R88052
  • Tax Amount: 2438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2020
Sold by
Muench John R and Muench Susan J
Bought by
Muench Susan J and Broughton Taylor
Current Estimated Value
$363,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$192,874
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$174,875

Purchase Details

Listed on
Jan 19, 2017
Closed on
Mar 3, 2017
Sold by
Citifinancial Servicing Llc
Bought by
Muench John R and Muench Susan J
Seller's Agent
Derrick Emmerty
WHITE STAR REALTY INC
Buyer's Agent
Tiffany Gidley
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$183,600
Sold Price
$186,000
Premium/Discount to List
$2,400
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$182,631
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 2016
Sold by
Lewis James L and Lewis Sherree M
Bought by
Citifinancial Servicing Llc

Purchase Details

Closed on
Aug 11, 2004
Sold by
Clark David L and Clark Renee
Bought by
Lewis James L and Lewis Sherree M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,750
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2002
Sold by
Edwards Sean P and Edwards Yvette
Bought by
Clark David L and Clark Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,065
Interest Rate
6.52%
Source: Public Records

Range of Values:

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Average Value
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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
Muench Susan J -- Fidelity National Title
Muench John R $186,000 None Available
Citifinancial Servicing Llc $142,156 Accommodation
Lewis James L $124,750 Amerititle
Clark David L $114,500 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muench Susan J $216,000
Closed Muench John R $182,631
Previous Owner Lewis James L $164,083
Previous Owner Lewis James L $124,750
Previous Owner Clark David L $111,065
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2017 03/29/17 Sold $186,000 +1.3% $176 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $183,600 -- $174 / 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 $3,347 $170,470 -- --
2023 $3,248 $165,510 $0 $0
2022 $3,063 $160,690 $0 $0
2021 $2,975 $156,010 $0 $0
2020 $2,889 $151,470 $0 $0
2019 $2,873 $147,060 $0 $0
2018 $2,836 $0 $0 $0
2017 $2,560 $0 $0 $0
2016 $2,439 $0 $0 $0
2015 $2,457 $0 $0 $0
2014 $2,378 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Derrick Emmerty

    Seller's Agent in 2017

    Derrick Emmerty

    WHITE STAR REALTY INC

    (971) 240-0656

    1 in this area

    121 Total Sales

    Section Image

  • T

    Buyer's Agent in 2017

    Tiffany Gidley

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 851-5321

    57 Total Sales

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Map

Source: Willamette Valley MLS

MLS Number: 713864

Willamette Valley MLS

APN: 588052

Oregon Marion County Salem 97306 Faye Wright

5041 Dakota Rd SE, Salem, OR

This home is located at 5041 Dakota Rd SE, Salem, OR 97306 since 19 January 2017 and is currently estimated at $365,575, approximately $346 per square foot. This property was built in 1973. 5041 Dakota 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.

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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