NOT LISTED FOR SALE

516 Norway St Silverton, OR 97381

Estimated Value: $426,000 - $458,000

3 Beds
1 Bath
1,212 Sq Ft
$369/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $428,000 $353 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,620/month

29 Days on Market

Highlights

  • RV Access or Parking
  • Main Floor Primary Bedroom
  • First Floor Utility Room
  • Territorial View
  • Mud Room
  • Fenced Yard

About This Home

As of November 2023

This charming bungalow makes a great home for the first time home buyer or down-sizer with primary bedroom on the main floor You'll enjoy the newly updated bathroom w/walk in shower. Huge .24 acre fenced yard w/garden space, raised beds, patio. Investors! Potential to add ADU; buyer to do due diligence. New A/C & furnace in Summer 2021, new roof and energy efficient 30-year solar panels in 2019, nest thermostat, cedar fencing, & updated main water line. RV parking. Home Warranty

Last Agent to Sell the Property

Lisa Santana

BST REALTY, LLC License #200210067 Listed on: 08/31/2023

Last Buyer's Agent

Tammie Sakai

BELLA CASA REAL ESTATE GROUP-SILVERTON License #201208811

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,097

Year Built

  • Built in 1917

Lot Details

  • 10,290 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • RV Access or Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,212 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Patio
  • Shed

Schools

  • Mark Twain Elementary School
  • Silverton Middle School
  • Silverton High School

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1400

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,097

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Dual Living: Other (Refer To Remarks)
  • Home Warranty: Yes
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: This charming bungalow makes a great home for the first time home buyer or down-sizer with primary bedroom on the main floor You'll enjoy the newly updated bathroom w/walk in shower. Huge .24 acre fenced yard w/garden space, raised beds, patio. Investors! Potential to add ADU; buyer to do due diligence. New A/C & furnace in Summer 2021, new roof and energy efficient 30-year solar panels in 2019, nest thermostat, cedar fencing, & updated main water line. RV parking. Home Warranty
  • Cross Street: Liberty St
  • Year Built: 1917
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Additional Room: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Mudroom
  • Price Per Sq Ft: 353.14
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 354.7

Exterior Features

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

Garage/Parking

  • Garage Capacity: 0

Utilities

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

Schools

  • Elementary School: Mark Twain
  • Middle School: Silverton
  • High School: Silverton

Lot Info

  • Acres: 0.24
  • Estimated Lot Sq Ft: 10290
  • Lot: 1400
  • Price Per Acre: 1791250
  • Rv Amenities: Area/Room For
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2021
  • Tax Account Number: 516574
  • Tax Amount: 2097

MLS Schools

  • HighSchool: Silverton
  • Middle School: Silverton
  • Elementary School: Mark Twain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Nov 13, 2023
Sold by
Wilson Christopher D
Bought by
Kent Natalie Michelle and Selby Timothy James
Seller's Agent
Lisa Santana
BST REALTY, LLC
Buyer's Agent
Tammie Sakai
BELLA CASA REAL ESTATE GROUP-SILVERTON
List Price
$429,900
Sold Price
$428,000
Premium/Discount to List
-$1,900
-0.44%
Views
55
Current Estimated Value
$441,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,229
Avg. Annual Appreciation
1.12%
Original Mortgage
$406,600
Outstanding Balance
$401,195
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$35,064

Purchase Details

Listed on
Jun 5, 2022
Closed on
Sep 19, 2022
Sold by
Simpson Jacob L
Bought by
Wilson Christopher D
Seller's Agent
BRITTNEY BLACK
BST REALTY, LLC
Buyer's Agent
Nikki Weiner
RE/MAX INTEGRITY - SALEM
List Price
$399,000
Sold Price
$392,500
Premium/Discount to List
-$6,500
-1.63%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$401,527
Interest Rate
5.22%
Mortgage Type
VA

Purchase Details

Closed on
May 19, 2020
Sold by
Simpson Jacob L and Simpson Kalyn M
Bought by
Simpson Jacob L and Simpson Kalyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2016
Closed on
Jul 14, 2016
Sold by
Orloff Alekcae A and Orloff Leah N
Bought by
Simpson Jacob L and Hanna Kalyn M
Seller's Agent
TARYN STEVENS MOORE
RE/MAX INTEGRITY - SALEM
Buyer's Agent
Meredith Wertz
SILVERTON REALTY, INC.
List Price
$189,000
Sold Price
$194,500
Premium/Discount to List
$5,500
2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$190,976
Interest Rate
3.66%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2009
Sold by
Orloff Al and Orloff Leah N
Bought by
Orloff Alekcae A and Orloff Leah N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2009
Sold by
Ryan Ralph and Ryan Vancene
Bought by
Orloff Al and Orloff Leah N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.91%
Mortgage Type
New Conventional
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
Kent Natalie Michelle $428,000 Ticor Title
Wilson Christopher D $392,500 Amerititle
Simpson Jacob L -- Ticor Title
Simpson Jacob L $194,500 Ticor Title Company Of Or
Orloff Alekcae A -- Ticor Title
Orloff Al -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kent Natalie Michelle $406,600
Previous Owner Wilson Christopher D $401,527
Previous Owner Simpson Jacob L $202,500
Previous Owner Simpson Jacob L $190,976
Previous Owner Orloff Alekcae A $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $428,000 -0.4% $353 / Sq Ft
10/19/2023 10/19/23 Price Changed $429,900 +2.4% $355 / Sq Ft
10/12/2023 10/12/23 Price Changed $419,900 -2.3% $346 / Sq Ft
09/20/2023 09/20/23 For Sale $429,900 +9.5% $355 / Sq Ft
09/23/2022 09/23/22 Sold $392,500 +0.6% $324 / Sq Ft
08/15/2022 08/15/22 Price Changed $390,000 -1.3% $322 / Sq Ft
07/12/2022 07/12/22 Price Changed $395,000 -1.0% $326 / Sq Ft
06/05/2022 06/05/22 For Sale $399,000 +105.1% $329 / Sq Ft
07/15/2016 07/15/16 Sold $194,500 +2.9% $160 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $189,000 -- $156 / 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 $2,205 $133,060 -- --
2023 $2,149 $129,190 $0 $0
2022 $2,034 $125,430 $0 $0
2021 $1,979 $121,780 $0 $0
2020 $1,990 $118,240 $0 $0
2019 $1,874 $114,800 $0 $0
2018 $1,881 $0 $0 $0
2017 $1,839 $0 $0 $0
2016 $1,806 $0 $0 $0
2015 $1,788 $0 $0 $0
2014 $1,734 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 809078

Willamette Valley MLS

APN: 516574