NOT LISTED FOR SALE

5122 Norma Ct SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $404,000 - $430,000

3 Beds
2 Baths
1,464 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 09, 2015

Last sale price $191,500 $131 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,495/month

43 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Territorial View
  • Fenced Yard
  • Security System Owned

About This Home

As of September 2015

Nicely updated home in Convenient South location. Positioning of the house on the lot affords good size private yard front and back with tranquil feel. Welcome home to a spacious feel in fam/dining with vaulted ceiling open to large 20 x 20 living area. Large kitchen w/lots of cabinet storage. Features a buyer will appreciate include new tile flooring and vanities in bathrooms, new deck, new interior paint, new kitchen window, newer appliances and furnace. Easy to show.

Last Agent to Sell the Property

Patti Williamson

WINDERMERE HERITAGE License #990100103 Listed on: 06/27/2015

WINDERMERE HERITAGE

Last Buyer's Agent

Carrie Hamilton

RE/MAX INTEGRITY - SALEM License #200402423

RE/MAX INTEGRITY - SALEM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 1982

Lot Details

  • 6,969 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,464 Sq Ft Home
  • 1.5-Story Property
  • Territorial Views
  • Security System Owned

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

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

Listing and Financial Details

  • Exclusions: Fridge
  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,414

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1.5 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Nicely updated home in Convenient South location. Positioning of the house on the lot affords good size private yard front and back with tranquil feel. Welcome home to a spacious feel in fam/dining with vaulted ceiling open to large 20 x 20 living area. Large kitchen w/lots of cabinet storage. Features a buyer will appreciate include new tile flooring and vanities in bathrooms, new deck, new interior paint, new kitchen window, newer appliances and furnace. Easy to show.
  • Cross Street: Sunnyside/Melissa
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Fridge
  • Negotiable Inclusions: Shed, micro, work bench
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 13.6 x 12, On Level: 1/Main
  • Bedroom 2: Dimensions: 10 x 11, On Level: 1/Main
  • Bedroom 3: Dimensions: 9.6 x 9.6, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 15.6 x 14, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: Dimensions: 20 x 20, On Level: 1/Main
  • Kitchen: Dimensions: 9.6 x 12, On Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Forced Air
  • High Speed Comm Access: Available
  • Security System: Owned
  • Water: Connected, City
  • Water Heater: Gas

Lot Info

  • Acres: 0.16
  • Estimated Lot Sq Ft: 6969
  • Lot: 3
  • Lot Type: Dimension Above
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2014
  • Tax Amount: 2414

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2015
Closed on
Sep 4, 2015
Sold by
Rasmussen Ryan N and Rasmussen Roni M D
Bought by
Martin Christopher and Martin Chelsie
Seller's Agent
Patti Williamson
WINDERMERE HERITAGE
Buyer's Agent
Carrie Hamilton
RE/MAX INTEGRITY - SALEM
List Price
$189,000
Sold Price
$191,500
Premium/Discount to List
$2,500
1.32%
Current Estimated Value
$420,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,590
Avg. Annual Appreciation
7.98%
Original Mortgage
$188,030
Outstanding Balance
$146,870
Interest Rate
3.91%
Mortgage Type
FHA
Estimated Equity
$273,220

Purchase Details

Closed on
Dec 28, 2010
Sold by
Federal National Mortgage Association
Bought by
Rasmussen Ryan N and Rasmussen Roni M D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,501
Interest Rate
4.34%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2010
Sold by
Stutzman Joel P and Stutzman Michelle M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 16, 2007
Sold by
Norwest Llc
Bought by
Stutzman Joel P and Stutzman Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2003
Sold by
Conceco Finance Servicing Corp
Bought by
Robinson Kristopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2002
Sold by
Livingston Connie
Bought by
Conseco Finance Servicing Corp
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
Martin Christopher $191,500 Amerititle
Rasmussen Ryan N $138,000 Amerititle
Federal National Mortgage Association $202,481 None Available
Stutzman Joel P $193,000 First American
Robinson Kristopher J $120,000 Amerititle
Conseco Finance Servicing Corp $118,831 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Christopher $188,030
Previous Owner Rasmussen Ryan N $134,501
Previous Owner Stutzman Joel P $193,000
Previous Owner Robinson Kristopher J $96,000
Closed Robinson Kristopher J $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2015 09/09/15 Sold $191,500 +1.3% $131 / Sq Ft
08/09/2015 08/09/15 Pending -- -- --
06/27/2015 06/27/15 For Sale $189,000 -- $129 / 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 $3,398 $178,250 -- --
2024 $3,398 $173,060 -- --
2023 $3,298 $168,020 $0 $0
2022 $3,109 $163,130 $0 $0
2021 $3,020 $158,380 $0 $0
2020 $2,932 $153,770 $0 $0
2019 $2,829 $149,300 $0 $0
2018 $2,880 $0 $0 $0
2017 $2,599 $0 $0 $0
2016 $2,476 $0 $0 $0
2015 $2,494 $0 $0 $0
2014 $2,414 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patti Williamson

    Seller's Agent in 2015

    Patti Williamson

    WINDERMERE HERITAGE

    (503) 932-1267

    20 in this area

    78 Total Sales

    Patti Williamson
    Section Image
  • Carrie Hamilton

    Buyer's Agent in 2015

    Carrie Hamilton

    RE/MAX

    (503) 999-4266

    5 in this area

    111 Total Sales

    Carrie Hamilton
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 692251

Willamette Valley MLS

APN: 587169

Oregon Marion County Salem 97306 South Gateway

5122 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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