NOT LISTED FOR SALE

507 Elm Lp E Gervais, OR 97026

Estimated Value: $468,000 - $477,000

4 Beds
2.5 Baths
1,697 Sq Ft
$279/Sq Ft Est. Value

Last Sold October 14, 2022

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

Est. 14% increase in value since last sale

Current estimated payment $2,967/month

123 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Landscaped
  • Fenced Yard
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

Price Reduction! Plus, a $5,000 credit to buy down/reduce buyers interest rate. 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, good storage space, large laundry/utility, insulated two-car garage. Nice yard with patio and privacy. Nice, quiet living in Gervais, near schools, and highways. Come take a look!

Last Agent to Sell the Property

TONY BALDERRAMA

HOMESMART REALTY GROUP License #201212203 Listed on: 05/20/2022

HOMESMART REALTY GROUP

Last Buyer's Agent

Antonio Trejo

TU CASA CORPORATION License #200002042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,557

Year Built

  • Built in 2011

Lot Details

  • 4,936 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,697 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,557

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Gas, Microwave Included
  • Syndicated Remarks: Price Reduction! Plus, a $5,000 credit to buy down/reduce buyers interest rate. 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, good storage space, large laundry/utility, insulated two-car garage. Nice yard with patio and privacy. Nice, quiet living in Gervais, near schools, and highways. Come take a look!
  • Year Built: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Wood
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: .5
  • Bedrooms: 4
  • Price Per Sq Ft: 247.5
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 246.91

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • Homeowners Assn: Association With No Fee

Schools

  • Elementary School: Gervais
  • Middle School: Gervais
  • High School: Gervais

Lot Info

  • Acres: 0.11
  • Estimated Lot Sq Ft: 4936
  • Flood Plain: Unknown
  • Lot: 3
  • Price Per Acre: 3809090.91
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: 340763
  • Tax Years: 2021
  • Tax Account Number: 340763
  • Tax Amount: 3557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 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
$454,900
Sold Price
$420,000
Premium/Discount to List
-$34,900
-7.67%
Views
22
Current Estimated Value
$477,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,172
Avg. Annual Appreciation
3.91%
Original Mortgage
$407,400
Outstanding Balance
$393,492
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$74,536

Purchase Details

Closed on
Apr 18, 2016
Sold by
Baird Kevin Michael and Baird Shannon
Bought by
Garcia Garcia Margarito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

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
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 Change Sq Ft Price
10/14/2022 10/14/22 Sold $420,000 +0.2% $247 / Sq Ft
08/11/2022 08/11/22 Price Changed $419,000 -1.4% $247 / Sq Ft
08/05/2022 08/05/22 Price Changed $425,000 -5.1% $250 / Sq Ft
07/06/2022 07/06/22 Price Changed $448,000 -1.1% $264 / Sq Ft
06/08/2022 06/08/22 Price Changed $453,000 -0.4% $267 / Sq Ft
05/20/2022 05/20/22 For Sale $454,900 -- $268 / 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 $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

  • T

    Seller's Agent in 2022

    TONY BALDERRAMA

    HOMESMART REALTY GROUP

    (310) 251-8326

    2 in this area

    23 Total Sales

    Section Image
  • Antonio Trejo

    Buyer's Agent in 2022

    Antonio Trejo

    TU CASA CORPORATION

    (503) 580-1745

    4 in this area

    157 Total Sales

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 792755

Willamette Valley MLS

APN: 340763

Oregon Marion County Gervais 97026

507 Elm Lp E, Gervais, OR

This home is located at 507 Elm Lp E, Gervais, OR 97026 since 20 May 2022 and is currently estimated at $472,672, approximately $278 per square foot. This property was built in 2011. 507 Elm Lp E is a home located in Marion County with nearby schools including Gervais Middle School, Gervais High School, and Woodburn Arthur Academy.

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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