$330,000
SOLD AUG 15, 2019

518 Red Cedar Ln NE Salem, OR 97301

4 Beds
2.5 Baths
1,629 Sq Ft
5,401 Sq Ft Lot

Recently Sold

$203 Per Sq Ft

1% Below List Price

98 Days on Market

Highlights

  • New Construction
  • Living Room with Fireplace
  • Patio
  • RV Access or Parking
  • 2 Car Attached Garage
  • Landscaped

About This Home

As of August 2019

Stunning new home built by Chira Construction Inc. Spacious open floor plan with 9' ceilings, laminate wood flooring and fireplace with custom mantle. Kitchen has granite countertops, tile backsplash, solid wood cabinets with soft close door and stainless steel appliances. Large master bedroom with trey ceilings, walk in closet and en-suite bathroom with double sinks.

Last Agent to Sell the Property

Chet Graham

REALTY FIRST LLC License #910800166 Listed on: 02/26/2019

Co-Listed By

The Graham's at Realty First

WORKS REAL ESTATE License #201108014

Last Buyer's Agent

Andrew McManis

THE BROKERAGE HOUSE License #201216391

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,046

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 90x59
  • Landscaped
  • Property is zoned RS

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,629 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Second Floor Utility Room

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Shared Well
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,046

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Home Warranty: Yes
  • New Construction: Yes
  • Range Facility: Gas, Range Included
  • Syndicated Remarks: Stunning new home built by Chira Construction Inc. Spacious open floor plan with 9' ceilings, laminate wood flooring and fireplace with custom mantle. Kitchen has granite countertops, tile backsplash, solid wood cabinets with soft close door and stainless steel appliances. Large master bedroom with trey ceilings, walk in closet and en-suite bathroom with double sinks.
  • Cross Street: Auburn
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Gas
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: .5
  • Bedrooms: 4
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Bedroom 4: 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: 2/Upper
  • Price Per Sq Ft: 202.58
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 202.58

Exterior Features

  • Patio: Patio
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition, Shingle
  • Siding: Fiber Cement

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Forced Air
  • Sewer City: Yes
  • Water: Shared Well
  • Water Heater: Gas

Schools

  • Elementary School: Auburn
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.124
  • Estimated Lot Dimensions: 90x59
  • Estimated Lot Sq Ft: 5401
  • Lot: 1
  • Lot Type: Dimension Above
  • Price Per Acre: 2661290.32
  • Rv Amenities: Area/Room For
  • Zoning: RS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2020
Sold by
Pen Bunarith
Bought by
Veng Rasy
Current Estimated Value
$448,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,100
Outstanding Balance
$195,955
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$252,567

Purchase Details

Listed on
May 20, 2019
Closed on
Aug 2, 2019
Sold by
Chira Consruction Inc
Bought by
Veng Rasy and Pen Bunarith
Seller's Agent
Chet Graham
Realty First
Buyer's Agent
Andrew McManis
The Brokerage House
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$318,986
Interest Rate
3.7%
Mortgage Type
FHA
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 Type Sale Price Title Company
Bargain Sale Deed -- Wfg Title
Warranty Deed $330,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,100 New Conventional
Previous Owner $318,986 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2019 08/15/19 Sold $330,000 0.0% $203 / Sq Ft View Prior Sale
08/15/2019 08/15/19 Sold $330,000 0.0% $203 / Sq Ft
06/12/2019 06/12/19 Price Changed $330,000 0.0% $203 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
06/05/2019 06/05/19 Price Changed $330,000 +1.5% $203 / Sq Ft
05/20/2019 05/20/19 For Sale $325,000 0.0% $200 / Sq Ft
04/24/2019 04/24/19 Price Changed $325,000 -3.0% $200 / Sq Ft
02/26/2019 02/26/19 For Sale $335,000 -- $206 / 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 $4,046 $250,790 -- --
2023 $3,840 $243,490 $0 $0
2022 $3,619 $236,400 $0 $0
2021 $3,584 $229,520 $0 $0
2020 $3,357 $222,840 $0 $0
2019 $833 $41,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chet Graham

    Seller's Agent in 2019

    Chet Graham

    Realty First

    (503) 999-9082

    2 in this area

    197 Total Sales

    Chet Graham
    Section Image

  • A

    Buyer's Agent in 2019

    Andrew McManis

    The Brokerage House

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 745097

Willamette Valley MLS

APN: 357269

Oregon Marion County Salem 97301

518 Red Cedar Ln NE, Salem, OR

This home is located at 518 Red Cedar Ln NE, Salem, OR 97301 and is currently priced at $330,000, approximately $202 per square foot. This property was built in 2019. 518 Red Cedar Ln NE is a home located in Marion County with nearby schools including Auburn Elementary School, Houck Middle School, and North Salem 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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