NOT LISTED FOR SALE

5045 Cobb Ln S Salem, OR 97302

Salem Hills Neighborhood

Estimated Value: $932,587

3 Beds
2.5 Baths
3,342 Sq Ft
$279/Sq Ft Est. Value

Last Sold February 09, 2017

Last sale price $349,900 $105 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $5,394/month

78 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • 3 Car Attached Garage
  • 1.57 Acre Lot
  • Territorial View
  • 1-Story Property

About This Home

As of February 2017

Great Opportunity! Fixer with acreage located in area of fine homes in South Salem. This 3342 SqFt home has newer siding, roof, windows, and more! It is waiting for your final finishing touches to create your dream home.

Last Agent to Sell the Property

Brenda Schamp

NORTHWEST INVESTOR REALTY License #200711198 Listed on: 10/03/2016

Last Buyer's Agent

Nicole Shuba

MANOR REALTY License #200508130

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,171

Year Built

  • Built in 1973

Lot Details

  • 1.57 Acre Lot
  • Lot Dimensions are 217x315
  • Landscaped
  • Property is zoned AR

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 3,342 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Territorial Views
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Well
  • Septic System

Listing and Financial Details

  • Tax Lot FR 11-12

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,171

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: Great Opportunity! Fixer with acreage located in area of fine homes in South Salem. This 3342 SqFt home has newer siding, roof, windows, and more! It is waiting for your final finishing touches to create your dream home.
  • Cross Street: Ballyntyne
  • Year Built: 1973
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Gas
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Basement: Partial, Unfinished
  • Price Per Sq Ft: 104.7
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 104.7

Exterior Features

  • Patio: Deck
  • Exterior Color: Blue
  • Foundation: Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Heating/Cooling: Forced Air
  • High Speed Comm Access: Unknown
  • Septic: Standard
  • Water: Well

Schools

  • Elementary School: Schirle
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 1.57
  • Estimated Lot Dimensions: 217x315
  • Estimated Lot Sq Ft: 68389
  • Lot: FR 11-12
  • Lot Type: Dimension Above
  • Price Per Acre: 222866.24
  • Rv Amenities: Area/Room For
  • Zoning: AR
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2015
  • Tax Account Number: R46654

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Jan 3, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gore Marc
Seller's Agent
Brenda Schamp
NORTHWEST INVESTOR REALTY
Buyer's Agent
Nicole Shuba
MANOR REALTY
List Price
$349,900
Sold Price
$349,900
Current Estimated Value
$932,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$582,687
Avg. Annual Appreciation
12.00%
Original Mortgage
$279,920
Outstanding Balance
$231,985
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$700,602

Purchase Details

Closed on
Dec 4, 2015
Sold by
Coplin James and Coplin Georgia A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 9, 2001
Sold by
Hicks Scott Edward and Hicks Tanya L
Bought by
Coplin James A and Coplin Georgia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.91%
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
Gore Marc $349,900 Multiple
Federal Home Loan Mortgage Corporation $400,223 Fatco
Coplin James A $210,000 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gore Marc $279,920
Previous Owner Coplin James A $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2017 02/09/17 Sold $349,900 0.0% $105 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $349,900 -- $105 / 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 $5,171 $407,450 -- --
2023 $5,047 $395,590 $0 $0
2022 $4,774 $384,069 $0 $0
2021 $4,651 $372,890 $0 $0
2020 $4,525 $362,030 $0 $0
2019 $4,360 $351,490 $0 $0
2018 $4,438 $0 $0 $0
2017 $3,888 $0 $0 $0
2016 $3,711 $0 $0 $0
2015 $3,814 $0 $0 $0
2014 $3,686 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda Schamp

    Seller's Agent in 2017

    Brenda Schamp

    NORTHWEST INVESTOR REALTY

    (541) 223-8258

    37 Total Sales

    Brenda Schamp
    Section Image
  • Nicole Shuba

    Buyer's Agent in 2017

    Nicole Shuba

    MANOR REALTY

    (503) 949-6616

    5 in this area

    182 Total Sales

    Nicole Shuba
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 710695

Willamette Valley MLS

APN: 546654

Oregon Marion County Salem 97302 Salem Hills

5045 Cobb Ln S, Salem, OR

This home is located at 5045 Cobb Ln S, Salem, OR 97302 since 03 October 2016 and is currently estimated at $932,587, approximately $279 per square foot. This property was built in 1973. 5045 Cobb Ln S is a home located in Marion County with nearby schools including Schirle Elementary School, Crossler 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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