NOT LISTED FOR SALE

510 Illinois Ave NE Salem, OR 97301

Northeast Salem Neighborhood

Estimated Value: $347,200 - $370,000

3 Beds
1 Bath
1,370 Sq Ft
$263/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $268,000 $196 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,154/month

Highlights

  • Family Room with Fireplace
  • First Floor Utility Room
  • Patio
  • Territorial View
  • Fenced Yard
  • Shed

About This Home

As of August 2020

Spacious single level home on an oversized corner lot, with ample yard space in the front, side and back. Updated kitchen and laminate flooring. Central location with easy access to I5, Hwy 22, downtown, restaurants and shopping, and close to Geer Park. Garage has been converted to an extra room being used as an office.

Last Agent to Sell the Property

Quinn Burke

KITHKIN REAL ESTATE License #201221924 Listed on: 07/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,405

Year Built

  • Built in 1968

Lot Details

  • 7,238 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Property is zoned RS

Home Design

  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,370 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 14 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,405

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Spacious single level home on an oversized corner lot, with ample yard space in the front, side and back. Updated kitchen and laminate flooring. Central location with easy access to I5, Hwy 22, downtown, restaurants and shopping, and close to Geer Park. Garage has been converted to an extra room being used as an office.
  • Cross Street: Bell Rd
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room
  • Negotiable Inclusions: Kitchen appliances, garden shed
  • Flooring: Laminate, Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 10x11, On Level: 1/Main
  • Bedroom 2: Dimensions: 10x11, On Level: 1/Main
  • Bedroom 3: Dimensions: 11x11, On Level: 1/Main
  • Additional Room: On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 8x8, On Level: 1/Main
  • Living Room: Dimensions: 13x19, On Level: 1/Main
  • Kitchen: Dimensions: 8x10, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 195.62
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 189.78

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111
  • View: Territorial

Garage/Parking

  • Garage Capacity: 0

Utilities

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

Schools

  • Elementary School: Richmond
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7238
  • Lot: 14
  • Lot Type: Irregular
  • Price Per Acre: 1529411.76
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R97112
  • Tax Years: 2019
  • Tax Account Number: R97112
  • Tax Amount: 2405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 13, 2020
Sold by
Groves Kenneth and Groves Amanda
Bought by
Hill Steven A and Hill Lesley
Seller's Agent
Quinn Burke
KITHKIN REAL ESTATE
List Price
$260,000
Sold Price
$268,000
Premium/Discount to List
$8,000
3.08%
Current Estimated Value
$360,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,300
Avg. Annual Appreciation
5.97%
Original Mortgage
$254,600
Outstanding Balance
$228,373
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$131,865

Purchase Details

Listed on
Jul 14, 2015
Closed on
Jul 21, 2015
Sold by
Yankus Stephanie and Yankus Alan E
Bought by
Groves Kenneth and Groves Amanda
Seller's Agent
Crystal Matheson
WORKS REAL ESTATE
Buyer's Agent
Matt Mahoney
HOMESTAR BROKERS
List Price
$135,000
Sold Price
$138,000
Premium/Discount to List
$3,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Original Mortgage
$131,100
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2013
Sold by
Yankus Stephanie and Yankus Alan E
Bought by
Yankus Stephanie and Yankus Alan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,376
Interest Rate
3.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Dhillon Stephanie and Yankus Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,591
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 8, 2010
Sold by
Flagstar Bank F S B
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 31, 2010
Sold by
Gordon Marilyn and Hoffman Jillian Carol
Bought by
Flagstar Bank F S B

Purchase Details

Closed on
Dec 21, 2006
Sold by
Gordon Marilyn
Bought by
Gordon Marilyn and Hoffman Jillian Carol

Purchase Details

Closed on
May 26, 2006
Sold by
Herrera Martha and Tolento Martha
Bought by
Gordon Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
9.62%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 27, 2006
Sold by
Tolento Miguel A
Bought by
Herrera Martha
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
Hill Steven A $268,000 Amerititle
Groves Kenneth $138,000 First American
Yankus Stephanie -- Amerititle
Dhillon Stephanie $95,000 Fidelity Natl Title Co Of Or
The Secretary Of Housing & Urban Develop -- First American Title Company
Flagstar Bank F S B $171,963 Fatco
Gordon Marilyn -- Accommodation
Gordon Marilyn $157,000 Ticor Title
Herrera Martha -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Steven A $254,600
Previous Owner Groves Kenneth $131,100
Previous Owner Yankus Stephanie $91,376
Previous Owner Dhillon Stephanie $92,591
Previous Owner Gordon Marilyn $157,693
Previous Owner Gordon Marilyn $141,300
Previous Owner Herrera Martha $32,463
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $268,000 +3.1% $196 / Sq Ft
07/02/2020 07/02/20 For Sale $260,000 +88.4% $190 / Sq Ft
08/24/2015 08/24/15 Sold $138,000 +2.2% $101 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $135,000 -- $99 / 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 $2,802 $142,690 -- --
2023 $2,719 $138,540 $0 $0
2022 $2,564 $134,510 $0 $0
2021 $2,491 $130,600 $0 $0
2020 $2,418 $126,800 $0 $0
2019 $2,405 $123,110 $0 $0
2018 $2,374 $0 $0 $0
2017 $2,143 $0 $0 $0
2016 $2,041 $0 $0 $0
2015 $2,057 $0 $0 $0
2014 $1,990 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Quinn Burke

    Seller's Agent in 2020

    Quinn Burke

    KITHKIN REAL ESTATE

    (503) 881-8405

    3 in this area

    170 Total Sales

    Quinn Burke
    Section Image
  • Crystal Matheson

    Seller's Agent in 2015

    Crystal Matheson

    WORKS REAL ESTATE

    (503) 884-6513

    1 in this area

    13 Total Sales

    Crystal Matheson
    Section Image
  • Matt Mahoney

    Buyer's Agent in 2015

    Matt Mahoney

    HOMESTAR BROKERS

    (503) 428-3084

    1 in this area

    178 Total Sales

    Matt Mahoney
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 764014

Willamette Valley MLS

APN: 597112

Oregon Marion County Salem 97301 Northeast Salem

510 Illinois Ave NE, Salem, OR

This home is located at 510 Illinois Ave NE, Salem, OR 97301 since 02 July 2020 and is currently estimated at $360,300, approximately $262 per square foot. This property was built in 1968. 510 Illinois Ave NE is a home located in Marion County with nearby schools including Richmond Elementary School, Leslie Middle School, and South Salem 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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