NOT LISTED FOR SALE

515 Welcome Way SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $616,137

3 Beds
3 Baths
2,444 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2024

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

Est. 5% decrease in value since last sale

Current estimated payment $4,029 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,409

Year Built

  • Built in 1960

Lot Details

  • 11,320 Sq Ft 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

0.26 Acres

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
  • 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
  • Source Of Sq Ft: County

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

Lot Info

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

Tax Info

  • Tax Years: 2023
  • Tax Amount: 6409

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2025
Sold by
Sharfeddin Heather Lynne and Sharfeddin Salem B
Bought by
Current Estimated Value
$616,137

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
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.29%
Original Mortgage
$420,000
Interest Rate
6.88%
Mortgage Type
New Conventional

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Faye Wright, OR

  • Emily Brock Real Estate Agent - KELLER WILLIAMS CAPITAL CITY

    Emily Brock

    KELLER WILLIAMS CAPITAL CITY

    (971) 599-2964

    111 Total Sales

    3 in Faye Wright

    $375K - $449K Price Range

    Emily Brock
     Section Image
  • Gina Ott Real Estate Agent - HOMESTAR BROKERS

    Gina Ott

    HOMESTAR BROKERS

    (888) 614-9236

    78 Total Sales

    3 in Faye Wright

    $400K - $470K Price Range

    Gina Ott
     Section Image
  • Kathy Hauge Real Estate Agent - LEGACY REAL ESTATE

    Kathy Hauge

    LEGACY REAL ESTATE

    (971) 272-8478

    63 Total Sales

    1 in Faye Wright

    $380,000 Price

    Kathy Hauge
     Section Image
  • Trevor Scharer Real Estate Agent - TRADITION REAL ESTATE PARTNERS

    Trevor Scharer

    TRADITION REAL ESTATE PARTNERS

    (888) 621-4369

    136 Total Sales

    2 in Faye Wright

    $380K - $460K Price Range

    Trevor Scharer
     Section Image
  • Savannah Waters Real Estate Agent - PARAMOUNT REAL ESTATE SERVICES

    Savannah Waters

    PARAMOUNT REAL ESTATE SERVICES

    (971) 272-8386

    82 Total Sales

    1 in Faye Wright

    $84,000 Price

    Savannah Waters
     Section Image
  • Julie Rogers Real Estate Agent - COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    Julie Rogers

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (888) 613-0095

    68 Total Sales

    4 in Faye Wright

    $155K - $388K Price Range

    Julie Rogers
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Sharfeddin Heather Lynne $650,000 Fidelity National Title
Byeman Peter A -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $420,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,604 $346,430
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 Real Estate Agent - BLUM REAL ESTATE

    Seller's Agent in 2024

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    16 in this area

    547 Total Sales

    Gladys Blum
    Section Image
  • HEIDI LITCHFIELD Real Estate Agent - HOMESTAR BROKERS

    Buyer's Agent in 2024

    HEIDI LITCHFIELD

    HOMESTAR BROKERS

    (503) 559-7879

    3 in this area

    80 Total Sales

    HEIDI LITCHFIELD
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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

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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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