NOT LISTED FOR SALE

Estimated Value: $688,000 - $934,000

1.66 Acres
$499,964 Price per Acre
72,310 Sq Ft Lot

Last Sold May 01, 2013

Last sale price $68,000 $126 Per Sq Ft

Est. 1,121% increase in value since last sale

Current estimated payment $4,974/month

10 Days on Market

About This Lot

As of May 2013

This home is located at 515 Riggs St NW, Salem, OR 97304 since 12 April 2013 and is currently estimated at $829,941, approximately $1,536 per square foot. 515 Riggs St NW is a home located in Polk County with nearby schools including Independence Elementary School, Talmadge Middle School, and Central High School.

Last Agent to Sell the Property

Greg Messick

REALTYNET License #200202047 Listed on: 04/12/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,426

Lot Details

  • 1.66 Acre Lot
  • Property is zoned AR5

Additional Features

  • Territorial Views
  • Septic System

Listing and Financial Details

  • Tax Lot 204

Property Details

Property Type

Land

Est. Annual Taxes

$5,426

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: This acreage is 1+acres of gently sloped land at the end of a private road. Water, Septic, Electricity, and Telephone is on site. Possible use of 2-car detached garage, however, main improvement of no value. Just 4 miles from downtown Salem with beautiful views and lovely neighbors. Sellers willing to negotiate.
  • Cross Street: Salem-Dallas Hwy
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 40963.86
  • Price Per Sq Ft: 1.04

Exterior Features

  • View: Territorial

Utilities

  • Water: Private/Community/Dist
  • Electricity: Yes
  • Septic Approval: Yes
  • Septic Installed: Yes
  • Septic Type: Standard

Schools

  • Elementary School: Whitworth
  • Middle School: La Creole
  • High School: Dallas

Lot Info

  • Acres: 1.66
  • Estimated Lot Sq Ft: 72310
  • Lot: 204
  • Price Per Acre: 45120.48
  • Zoning: AR5
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: 227188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2014
Sold by
Wall Specialists Llc
Bought by
Fedorenko Alexander and Fedorenko Milana
Current Estimated Value
$829,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2008
Sold by
Finch Samantha Maya
Bought by
Page Sarah Finch
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fedorenko Alexander $260,000 Ticor Title
Page Sarah Finch $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fedorenko Alexander $350,000
Closed Fedorenko Alexander $125,000
Closed Fedorenko Alexander $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2013 05/01/13 Sold $68,000 -9.2% $126 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $74,900 -- $139 / 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 $5,426 $488,510 $100,580 $387,930
2024 $5,426 $474,290 $97,650 $376,640
2023 $6,106 $466,560 $94,800 $371,760
2022 $5,285 $417,450 $92,040 $325,410
2021 $5,004 $405,300 $89,360 $315,940
2020 $4,700 $380,530 $86,760 $293,770
2019 $4,463 $361,200 $84,230 $276,970
2018 $4,297 $350,680 $81,770 $268,910
2017 $4,306 $340,470 $79,390 $261,080
2016 $4,478 $330,560 $77,080 $253,480
2015 $4,243 $320,940 $74,830 $246,110
2014 $4,158 $311,600 $72,640 $238,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 662960

Willamette Valley MLS

APN: 227188