NOT LISTED FOR SALE

507 E Elm Loop Gervais, OR 97026

Estimated Value: $436,000 - $472,000

4 Beds
2.5 Baths
1,697 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $420,000 $247 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,713/month

36 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • First Floor Utility Room
  • Corner Lot
  • No HOA
  • 2 Car Attached Garage

About This Home

As of October 2022

Beautiful well-cared-for family home with open, spacious floor plan. Arched entries, good-sized living room; dining area; nice kitchen with pantry. Well-lit bedrooms, plenty of storage space, large laundry/utility, insulated two-car garage. Nice yard with patio and privacy. Small-town quiet living in Gervais near schools, stores, and highways: 20 minutes from Salem/30 minutes from Portland. Come and take a look, seller is motivated!

Last Agent to Sell the Property

TONY BALDERRAMA

HomeSmart Realty Group License #201212203 Listed on: 08/17/2022

HomeSmart Realty Group

Last Buyer's Agent

Antonio Trejo

Tu Casa Corporation License #200002042

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,557

Year Built

  • Built in 2011

Lot Details

  • 4,791 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Driveway

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,697 Sq Ft Home
  • 2-Story Property
  • Natural Light
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Free-Standing Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Low Kitchen Cabinetry
  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Patio

Schools

  • Gervais Middle School
  • Gervais High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number Not Found

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,557

Year Built

Built in 2011

Lot Details

4,791 Sq Ft Lot

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2011
  • Property Condition: Resale
  • Property Sub Type: Attached
  • Architectural Style: Stories2
  • New Construction: No
  • Property Attached Yn: Yes
  • Current Price For Status: 420000.0
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: GarageonMain, GroundLevel, KitchenCabinets, NaturalLighting, UtilityRoomOnMain, WalkinShower
  • Total Bathrooms: 2.1
  • Interior Amenities: HighSpeedInternet, Laundry, WasherDryer, WoodFloors
  • Basement: None
  • Window Features: DoublePaneWindows
  • Appliances: FreeStandingRange, GasAppliances, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialLowerLevel: 1
  • BathroomsTotalLowerLevel: 0.1
  • BathroomsTotalMainLevel: 0.0
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt3000to4999
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: Fenced, Patio, Yard
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Gervais
  • High School: Gervais
  • Middle Or Junior School: Gervais
  • Elementary School #2: Other

Lot Info

  • Farm: No
  • Zoning: R2
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: Not Found

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 3557.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Oct 13, 2022
Sold by
Garcia Margarito Garcia
Bought by
Ramirez Roberto Gomez and Ramirez Ramon Gomez
Seller's Agent
TONY BALDERRAMA
HomeSmart Realty Group
Buyer's Agent
Antonio Trejo
Tu Casa Corporation
List Price
$419,000
Sold Price
$420,000
Premium/Discount to List
$1,000
0.24%
Current Estimated Value
$458,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,019
Avg. Annual Appreciation
2.61%
Original Mortgage
$407,400
Outstanding Balance
$389,954
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$68,065

Purchase Details

Listed on
Feb 23, 2016
Closed on
Apr 18, 2016
Sold by
Baird Kevin Michael and Baird Shannon
Bought by
Garcia Garcia Margarito
Seller's Agent
Kelly Hagglund
THE KELLY GROUP REAL ESTATE
Buyer's Agent
Hector Garcia
JOHN L. SCOTT-SALEM
List Price
$224,900
Sold Price
$225,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$220,924
Interest Rate
3.68%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2010
Sold by
Yamhill Community Development Corporatio
Bought by
Baird Kevin Michael and Baird Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,256
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Ramirez Roberto Gomez $420,000 Amerititle
Garcia Garcia Margarito $225,000 Ticor Title
Baird Kevin Michael $62,958 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Roberto Gomez $407,400
Previous Owner Garcia Garcia Margarito $220,924
Previous Owner Baird Kevin Michael $187,256
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2022 10/07/22 Sold $420,000 +0.2% $247 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $419,000 +86.2% $247 / Sq Ft
04/22/2016 04/22/16 Sold $225,000 0.0% $133 / Sq Ft View Prior Sale
02/27/2016 02/27/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $224,900 -- $133 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2025 $4,247 $208,020 -- --
2024 $4,247 $201,970 -- --
2023 $3,761 $196,090 $0 $0
2022 $3,551 $190,380 $0 $0
2021 $3,450 $184,840 $0 $0
2020 $3,455 $179,460 $0 $0
2019 $3,253 $174,240 $0 $0
2018 $3,197 $0 $0 $0
2017 $3,101 $0 $0 $0
2016 $3,018 $0 $0 $0
2015 $2,942 $0 $0 $0
2014 $2,661 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22362400

Regional Multiple Listing Service (RMLS)

APN: 340763

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