NOT LISTED FOR SALE

5115 Norma Ct SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $428,000 - $506,000

3 Beds
2 Baths
1,568 Sq Ft
$293/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $300,000 $191 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,815/month

111 Days on Market

Highlights

  • Mountain View
  • 2 Car Attached Garage
  • Landscaped
  • Covered Patio or Porch
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of August 2019

South Salem with commanding view! Beautifully updated throughout. Large kitchen with dining room for entertaining. Kitchen with subway tile and stainless steel appliances. Vaulted living room with views of large backyard. Nice loft on upper level makes the perfect get away or family room for the kids!

Last Agent to Sell the Property

Rick Maurmann

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #880500125 Listed on: 03/29/2019

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

TINA SMITH

HOMESMART REALTY GROUP License #981000039

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,566

Year Built

  • Built in 1981

Lot Details

  • 7,840 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,566

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: South Salem with commanding view! Beautifully updated throughout. Large kitchen with dining room for entertaining. Kitchen with subway tile and stainless steel appliances. Vaulted living room with views of large backyard. Nice loft on upper level makes the perfect get away or family room for the kids!
  • Cross Street: Melissa
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: Window coverings, range, fridge.
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12x12, On Level: 1/Main
  • Bedroom 2: Dimensions: 10x10, On Level: 1/Main
  • Bedroom 3: Dimensions: 11x10, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 16x9, On Level: 1/Main
  • Family Room: Dimensions: 19x16, On Level: 1/Main
  • Living Room: Dimensions: 15x15, On Level: 1/Main
  • Kitchen: Dimensions: 10x10, On Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Patio, Patio
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding Style: T111
  • View: Mountain, Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.18
  • Estimated Lot Sq Ft: 7840
  • Lot: 9
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2018
  • Tax Amount: 3566

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Aug 21, 2019
Sold by
Prudent Capital Llc
Bought by
Sugano Christina K
Seller's Agent
Rick Maurmann
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
TINA SMITH
HOMESMART REALTY GROUP
List Price
$314,800
Sold Price
$300,000
Premium/Discount to List
-$14,800
-4.7%
Current Estimated Value
$459,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,811
Avg. Annual Appreciation
7.05%
Original Mortgage
$294,566
Outstanding Balance
$257,425
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$202,386

Purchase Details

Listed on
Oct 5, 2018
Closed on
Nov 21, 2018
Sold by
The Bank Of New York Mello
Bought by
Prudent Capital Llc
Seller's Agent
Gladys Blum
BLUM REAL ESTATE
List Price
$219,000
Sold Price
$207,375
Premium/Discount to List
-$11,625
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.12%
Original Mortgage
$214,300
Interest Rate
4.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 21, 2018
Sold by
Gibson Sandra L and Gibson John R
Bought by
The Bank Of New Yark Mellon and The Bank Of New Yark

Purchase Details

Closed on
Jul 22, 2005
Sold by
Buswell Russell P and Buswell Cynthia D
Bought by
Gibson John R and Gibson Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,400
Interest Rate
6.25%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sugano Christina K $300,000 Ticor Title Company Of Or
Prudent Capital Llc $207,375 Ticor Title
The Bank Of New Yark Mellon $226,500 None Available
Gibson John R $174,300 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sugano Christina K $294,566
Previous Owner Prudent Capital Llc $214,300
Previous Owner Gibson John R $139,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2019 08/23/19 Sold $300,000 +0.1% $191 / Sq Ft
06/20/2019 06/20/19 Price Changed $299,700 -1.3% $191 / Sq Ft
06/06/2019 06/06/19 Price Changed $303,500 -1.0% $194 / Sq Ft
05/17/2019 05/17/19 Price Changed $306,500 -2.0% $195 / Sq Ft
04/23/2019 04/23/19 Price Changed $312,800 0.0% $199 / Sq Ft
04/23/2019 04/23/19 Price Changed $312,900 -0.6% $200 / Sq Ft
03/29/2019 03/29/19 For Sale $314,800 +51.8% $201 / Sq Ft
12/17/2018 12/17/18 Sold $207,375 -5.3% $132 / Sq Ft View Prior Sale
11/08/2018 11/08/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $219,000 -- $140 / 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
2025 $4,646 $243,720 -- --
2024 $4,646 $236,630 -- --
2023 $4,509 $229,740 $0 $0
2022 $4,251 $223,050 $0 $0
2021 $4,130 $216,560 $0 $0
2020 $4,010 $210,260 $0 $0
2019 $3,612 $184,900 $0 $0
2018 $3,566 $0 $0 $0
2017 $3,219 $0 $0 $0
2016 $3,066 $0 $0 $0
2015 $3,508 $0 $0 $0
2014 $3,398 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Maurmann

    Seller's Agent in 2019

    Rick Maurmann

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    7 in this area

    101 Total Sales

    Rick Maurmann
    Section Image
  • TINA SMITH

    Buyer's Agent in 2019

    TINA SMITH

    HOMESMART REALTY GROUP

    (541) 992-5460

    2 in this area

    20 Total Sales

    TINA SMITH
    Section Image
  • Gladys Blum

    Seller's Agent in 2018

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    105 in this area

    703 Total Sales

    Gladys Blum
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 746520

Willamette Valley MLS

APN: 587175

Oregon Marion County Salem 97306 South Gateway

5115 Norma Ct SE, Salem, OR

Not Listed for Sale

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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