NOT LISTED FOR SALE

515 Welcome Way SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $619,000 - $670,000

3 Beds
3 Baths
2,444 Sq Ft
$265/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $650,000 $266 Per Sq Ft

Current estimated payment $4,151/month

35 Days on Market

Highlights

  • Living Room with Fireplace
  • First Floor Utility Room
  • Patio
  • Wood Flooring
  • 2 Car Attached Garage
  • Shed

About This Home

As of May 2024

Alderbrook Manor! Pride of ownership abounds in this 2444 SF Ranch Style home w/ 3 BR, 3 BA including 2 primary suites. Beautiful hardwood floors plus timeless cork flooring. Formal living/dining room w/gas fireplace; a true Chef's kitchen with island, SS appliances, granite countertops and breakfast nook. Adjacent Fam Rm plus separate office with lots of built ins. FA Gas, CAC; DA Garage. Canadian cedar siding. On .26 ac corner lot with back yard privacy; paver patio & beautiful landscaping! Must see!!

Last Agent to Sell the Property

Gladys Blum

BLUM REAL ESTATE License #781200091 Listed on: 04/19/2024

Last Buyer's Agent

HEIDI LITCHFIELD

HOMESTAR BROKERS License #201229923

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,409

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • Landscaped
  • Irregular Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 2,444 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Shed

Schools

  • Faye Wright Elementary School
  • Judson Middle School
  • Sprague High School

Utilities

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

Community Details

  • Alderbrook Manor Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,409

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Gas, Range Included
  • Syndicated Remarks: Alderbrook Manor! Pride of ownership abounds in this 2444 SF Ranch Style home w/ 3 BR, 3 BA including 2 primary suites. Beautiful hardwood floors plus timeless cork flooring. Formal living/dining room w/gas fireplace; a true Chef's kitchen with island, SS appliances, granite countertops and breakfast nook. Adjacent Fam Rm plus separate office with lots of built ins. FA Gas, CAC; DA Garage. Canadian cedar siding. On .26 ac corner lot with back yard privacy; paver patio & beautiful landscaping! Must see!!
  • Cross Street: Commercial SE
  • Year Built: 1960
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Gas, Living Room
  • Negotiable Inclusions: Refrigerator, Freezer, washer/dryer, island in kit
  • Flooring: Wood, Tile
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 22x20, On Level: 1/Main
  • Bedroom 2: Dimensions: 17x12, On Level: 1/Main
  • Bedroom 3: Dimensions: 11x10, On Level: 1/Main
  • Additional Room: On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 18x11, On Level: 1/Main
  • Family Room: Dimensions: 16x13, On Level: 1/Main
  • Living Room: Dimensions: 24x14, On Level: 1/Main
  • Kitchen: Dimensions: 22x14, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 265.96
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 265.96

Exterior Features

  • Patio: Patio
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • Elementary School: Faye Wright
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 0.26
  • Estimated Lot Sq Ft: 11320
  • Lot: 1
  • Lot Type: Irregular
  • Price Per Acre: 2500000
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: 565204
  • Tax Amount: 6409

MLS Schools

  • HighSchool: Sprague
  • Middle School: Judson
  • Elementary School: Faye Wright

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 22, 2024
Sold by
Byeman Peter A and Revoca Linda
Bought by
Sharfeddin Heather Lynne and Sharfeddin Salem B
Seller's Agent
Gladys Blum
BLUM REAL ESTATE
Buyer's Agent
HEIDI LITCHFIELD
HOMESTAR BROKERS
List Price
$650,000
Sold Price
$650,000
Total Days on Market
35
Views
43
Current Estimated Value
$648,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,122
Avg. Annual Appreciation
-0.16%
Original Mortgage
$420,000
Outstanding Balance
$416,383
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$232,495

Purchase Details

Closed on
Aug 7, 2014
Sold by
Byeman Peter A and Byeman Linda R
Bought by
Byeman Peter A and Byeman Linda R
Source: Public Records

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Range of Values:

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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
Sharfeddin Heather Lynne $650,000 Fidelity National Title
Byeman Peter A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharfeddin Heather Lynne $420,000
Previous Owner Byeman Peter A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $650,000 0.0% $266 / Sq Ft
04/19/2024 04/19/24 For Sale $650,000 -- $266 / 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 $6,604 $336,340 -- --
2023 $6,409 $326,550 $0 $0
2022 $6,043 $317,040 $0 $0
2021 $5,870 $307,810 $0 $0
2020 $5,699 $298,850 $0 $0
2019 $5,499 $290,150 $0 $0
2018 $5,596 $0 $0 $0
2017 $5,051 $0 $0 $0
2016 $4,811 $0 $0 $0
2015 $4,847 $0 $0 $0
2014 $4,628 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gladys Blum

    Seller's Agent in 2024

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    16 in this area

    803 Total Sales

    Gladys Blum
    Section Image
  • HEIDI LITCHFIELD

    Buyer's Agent in 2024

    HEIDI LITCHFIELD

    HOMESTAR BROKERS

    (503) 559-7879

    3 in this area

    60 Total Sales

    HEIDI LITCHFIELD
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 815855

Willamette Valley MLS

APN: 565204

Oregon Marion County Salem 97302 Faye Wright

515 Welcome Way SE, Salem, OR

This home is located at 515 Welcome Way SE, Salem, OR 97302 since 19 April 2024 and is currently estimated at $648,878, approximately $265 per square foot. This property was built in 1960. 515 Welcome Way SE is a home located in Marion County with nearby schools including Wright Elementary School, Judson 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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