NOT LISTED FOR SALE

5155 Norma Ave SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $421,000 - $474,000

3 Beds
2.5 Baths
1,528 Sq Ft
$290/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $350,000 $229 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,740/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Deck
  • Territorial View
  • First Floor Utility Room

About This Home

As of July 2020

Lovely updated home with fresh exterior paint. Master bedroom on the main floor with a wonderful built in window seat and updated bathrooms with vinyl plank. Windows galore and such a stunning fireplace with electric "wood" burning stove insert. This is a true must see in a desirable neighborhood on a very quiet street.

Last Agent to Sell the Property

LISA PHILLIPS

LEGACY REAL ESTATE License #201212561 Listed on: 05/20/2020

Co-Listed By

DARRIN PHILLIPS

LEGACY REAL ESTATE License #201220787

Last Buyer's Agent

Kyler Gulaskey

EXP REALTY, LLC License #201222460

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 1986

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced Yard
  • Irregular Lot
  • Property is zoned RS

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Lap Siding
  • Cedar Siding
  • T111 Siding

Interior Spaces

  • 1,528 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,900

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Gas, Range Included
  • Syndicated Remarks: Lovely updated home with fresh exterior paint. Master bedroom on the main floor with a wonderful built in window seat and updated bathrooms with vinyl plank. Windows galore and such a stunning fireplace with electric "wood" burning stove insert. This is a true must see in a desirable neighborhood on a very quiet street.
  • Cross Street: Melissa
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Electric, Living Room
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Deck
  • Exterior Color: White
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Brick, Cedar
  • Siding Style: Lap, T111
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.15
  • Estimated Lot Sq Ft: 6534
  • Lot: 5
  • Lot Type: Irregular
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R74862
  • Tax Years: 2019
  • Tax Amount: 3900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 1, 2020
Sold by
Kaighin Kris M
Bought by
Jensen Adam and Jensen Jessica
Seller's Agent
LISA PHILLIPS
LEGACY REAL ESTATE
Buyer's Agent
Kyler Gulaskey
EXP REALTY, LLC
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%
Current Estimated Value
$443,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,360
Avg. Annual Appreciation
4.47%
Original Mortgage
$339,500
Outstanding Balance
$300,275
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$143,085

Purchase Details

Closed on
May 26, 2010
Sold by
Hammond Stephanie
Bought by
Kaighin Kris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,888
Interest Rate
5.25%
Mortgage Type
FHA
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jensen Adam $350,000 Amerititle
Kaighin Kris M $196,500 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Adam $339,500
Previous Owner Kaighin Kris M $193,888
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $350,000 +1.4% $229 / Sq Ft
05/20/2020 05/20/20 For Sale $345,000 -- $226 / 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 $4,787 $251,130 -- --
2024 $4,787 $243,820 -- --
2023 $4,646 $236,720 $0 $0
2022 $4,381 $229,830 $0 $0
2021 $4,256 $223,140 $0 $0
2020 $4,132 $216,650 $0 $0
2019 $4,110 $210,340 $0 $0
2018 $4,057 $0 $0 $0
2017 $3,662 $0 $0 $0
2016 $3,488 $0 $0 $0
2015 $3,514 $0 $0 $0
2014 $3,401 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LISA PHILLIPS

    Seller's Agent in 2020

    LISA PHILLIPS

    LEGACY REAL ESTATE

    (503) 881-3388

    18 Total Sales

    LISA PHILLIPS
    Section Image

  • D

    Seller Co-Listing Agent in 2020

    DARRIN PHILLIPS

    LEGACY REAL ESTATE

    (503) 871-5817

    29 Total Sales

    DARRIN PHILLIPS
    Section Image
  • Kyler Gulaskey

    Buyer's Agent in 2020

    Kyler Gulaskey

    EXP REALTY, LLC

    (541) 990-4521

    5 in this area

    197 Total Sales

    Kyler Gulaskey
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 763662

Willamette Valley MLS

APN: 574862

Oregon Marion County Salem 97306 South Gateway

5155 Norma Ave 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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