NOT LISTED FOR SALE

5085 Lone Oak Rd SE Salem, OR 97306

Faye Wright Neighborhood

Estimated Value: $340,000 - $402,395

3 Beds
1.5 Baths
1,237 Sq Ft
$298/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $225,000 $182 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,264/month

19 Days on Market

Highlights

  • RV Access or Parking
  • Living Room with Fireplace
  • Wood Flooring
  • 0.44 Acre Lot
  • Territorial View
  • Fenced Yard

About This Home

As of July 2020

Bring your vision and hard work to transform this mid-century ranch home. Opportunity awaits on this large corner lot of nearly 1/2 acre with room for a shop, RV parking. (County has it as 3 bedrooms, but a wall was removed between Master and another bedroom.) Seller is Trustee of a Ch.7 Bankruptcy Estate. Showings by appointment.

Last Agent to Sell the Property

Nannette Martin

HOMESMART REALTY GROUP License #200808151 Listed on: 04/02/2020

HOMESMART REALTY GROUP

Last Buyer's Agent

Chris Forrette

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #990400134

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1959

Lot Details

  • 0.44 Acre Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding
  • Shake Siding

Interior Spaces

  • 1,237 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Territorial Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,639

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: Bring your vision and hard work to transform this mid-century ranch home. Opportunity awaits on this large corner lot of nearly 1/2 acre with room for a shop, RV parking. (County has it as 3 bedrooms, but a wall was removed between Master and another bedroom.) Seller is Trustee of a Ch.7 Bankruptcy Estate. Showings by appointment.
  • Cross Street: Keubler
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Living Room
  • Flooring: Carpet, Wood
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 181.89
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 181.89

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Cedar, Shake
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Forced Air, Gas
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City

Schools

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

Lot Info

  • Acres: 0.44
  • Estimated Lot Sq Ft: 18960
  • Flood Plain: Unknown
  • Lot: 16
  • Lot Type: Dimension Above
  • Price Per Acre: 511363.64
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R87024
  • Tax Years: 2019
  • Tax Account Number: R87024
  • Tax Amount: 2639

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
Jul 30, 2020
Sold by
Huffman Jeanne E and Lewis Darlene Ann
Bought by
Flande David P
Seller's Agent
Nannette Martin
HOMESMART REALTY GROUP
Buyer's Agent
Chris Forrette
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$368,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,599
Avg. Annual Appreciation
11.10%
Original Mortgage
$218,250
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Flande David P $225,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flande David P $284,900
Closed Flande David P $218,250
Previous Owner Lewis Aubry I $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $225,000 0.0% $182 / Sq Ft
04/02/2020 04/02/20 For Sale $225,000 -- $182 / 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 $3,075 $156,600 -- --
2023 $2,984 $152,040 $0 $0
2022 $2,814 $147,620 $0 $0
2021 $2,733 $143,330 $0 $0
2020 $2,736 $139,160 $0 $0
2019 $2,640 $135,110 $0 $0
2018 $2,606 $0 $0 $0
2017 $2,352 $0 $0 $0
2016 $2,240 $0 $0 $0
2015 $2,257 $0 $0 $0
2014 $2,185 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nannette Martin

    Seller's Agent in 2020

    Nannette Martin

    HOMESMART REALTY GROUP

    (503) 302-9212

    2 in this area

    64 Total Sales

    Nannette Martin
    Section Image
  • Chris Forrette

    Buyer's Agent in 2020

    Chris Forrette

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 409-3542

    5 in this area

    375 Total Sales

    Chris Forrette
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 762086

Willamette Valley MLS

APN: 587024

Oregon Marion County Salem 97306 Faye Wright

5085 Lone Oak Rd SE, Salem, OR

This home is located at 5085 Lone Oak Rd SE, Salem, OR 97306 since 02 April 2020 and is currently estimated at $368,599, approximately $297 per square foot. This property was built in 1959. 5085 Lone Oak Rd SE is a home located in Marion County with nearby schools including Liberty 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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