NOT LISTED FOR SALE

5198 Old Salem Rd NE Albany, OR 97321

Estimated Value: $527,624 - $537,000

0.23 Acre
$2,314,400 Price per Acre
10,008 Sq Ft Lot

Last Sold September 22, 2016

Last sale price $65,000

Est. 719% increase in value since last sale

Current estimated payment $3,122/month

316 Days on Market

About This Lot

As of September 2016

2 lots available $65,000 each-Seller is willing to carry and/or subordinate on these lots Parcel 1 North and Parcel 2 South.

Last Agent to Sell the Property

Jason Cadwell

JMG JASON MITCHELL GROUP-ALBANY License #200101048 Listed on: 10/22/2015

Last Buyer's Agent

Jason Cadwell

JMG JASON MITCHELL GROUP-ALBANY License #200101048 Listed on: 10/22/2015

Property Details

Property Type

  • Land

Lot Details

  • 10,008 Sq Ft Lot
  • Lot Dimensions are 100x100

Utilities

  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Tax Lot 1

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Lot (Under 1 Acre)
  • Syndicated Remarks: 2 lots available $65,000 each-Seller is willing to carry and/or subordinate on these lots Parcel 1 North and Parcel 2 South.
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Water: City
  • High Speed Communications: Available
  • Natural Gas: Available
  • Sewer Available: Yes
  • Telephone: Available

Lot Info

  • Acres: 0.23
  • Estimated Lot Dimensions: 100x100
  • Estimated Lot Sq Ft: 10008
  • Lot: 1
  • Lot Type: Dimension Above
  • Zoning: .
  • Surveyed: Yes
  • Geo Subdivision: OR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2019
Sold by
Nelson Jasmine and Martin Destiny
Bought by
Garcia Grant and Garcia Amanda
Current Estimated Value
$532,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,910
Outstanding Balance
$251,573
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$280,739

Purchase Details

Closed on
Oct 22, 2018
Sold by
Innovative Construction Concepts Llc
Bought by
Nelson Jasmine and Martin Destiny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,020
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 22, 2015
Closed on
Aug 16, 2016
Sold by
Cowan Scott and Cowan Jennifer
Bought by
Innovative Construction Concepts Llc
Seller's Agent
Jason Cadwell
JMG JASON MITCHELL GROUP-ALBANY
Buyer's Agent
Jason Cadwell
JMG JASON MITCHELL GROUP-ALBANY
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.65%
Original Mortgage
$165,000
Interest Rate
3.41%
Mortgage Type
Construction
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
Garcia Grant $319,900 Ticor Title Company Of Or
Nelson Jasmine $302,500 First American Title
Innovative Construction Concepts Llc $65,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Grant $287,910
Previous Owner Nelson Jasmine $297,020
Previous Owner Innovative Construction Concepts Llc $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2016 09/22/16 Sold $65,000 -13.2% --
09/02/2016 09/02/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $74,900 -- --
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 $3,869 $248,120 -- --
2024 $3,759 $240,900 -- --
2023 $3,652 $233,890 $0 $0
2022 $3,607 $227,080 $0 $0
2021 $3,365 $220,470 $0 $0
2020 $3,330 $214,050 $0 $0
2019 $3,256 $207,820 $0 $0
2018 $2,871 $182,450 $0 $0
2017 $2,072 $136,160 $0 $0
2016 $601 $41,670 $0 $0
2015 $592 $40,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Cadwell

    Seller's Agent in 2016

    Jason Cadwell

    JMG JASON MITCHELL GROUP-ALBANY

    (541) 619-4303

    47 in this area

    512 Total Sales

    Jason Cadwell
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Map

Source: Willamette Valley MLS

MLS Number: 697018

Willamette Valley MLS

APN: 0942896

Oregon Linn County Albany 97321

5198 Old Salem Rd NE, Albany, OR

Not Listed for Sale

Lots

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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