NOT LISTED FOR SALE

5230 Norma Ave SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $577,000 - $622,000

4 Beds
2.5 Baths
2,407 Sq Ft
$250/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $355,000 $147 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,724/month

49 Days on Market

Highlights

  • RV Access or Parking
  • Living Room with Fireplace
  • Wood Flooring
  • Deck
  • Territorial View
  • Loft

About This Home

As of April 2019

Wonderful South Salem home in a prime location. Large open concept family room that is spacious and has tons of natural light. Home has options for both formal and informal dining. Office downstairs can also serve as a bedroom. Upstairs is a large bonus/loft area, perfect for a second living space. Master bedroom has a large bathroom and closet. Guest bedrooms offer more square feet than similar homes. Fully fenced backyard is ready for endless possibilities.

Last Agent to Sell the Property

Jake Lucey

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #201201072 Listed on: 01/11/2019

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

Brian Smith

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #920800079

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,070

Year Built

  • Built in 2007

Lot Details

  • 5,750 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Composition Roof
  • Lap Siding
  • Shake Siding

Interior Spaces

  • 2,407 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Den
  • Loft
  • Second Floor Utility Room
  • Territorial Views

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 32 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,070

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Built-In
  • Syndicated Remarks: Wonderful South Salem home in a prime location. Large open concept family room that is spacious and has tons of natural light. Home has options for both formal and informal dining. Office downstairs can also serve as a bedroom. Upstairs is a large bonus/loft area, perfect for a second living space. Master bedroom has a large bathroom and closet. Guest bedrooms offer more square feet than similar homes. Fully fenced backyard is ready for endless possibilities.
  • Cross Street: Sunnyside
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: Frig, D/W, Range, Microwave
  • Flooring: Carpet, Wood, Tile
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: .5
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 16.11x12, On Level: 2/Upper
  • Bedroom 2: Dimensions: 14.5x9.9, On Level: 2/Upper
  • Bedroom 3: Dimensions: 12.2x9.10, On Level: 2/Upper
  • Bedroom 4: Dimensions: 13.8x9.11, On Level: 2/Upper
  • Additional Room: Dimensions: 23.2x11.11, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 15.5x10.2, On Level: 1/Main
  • Living Room: Dimensions: 23.2x15.2, On Level: 1/Main
  • Kitchen: Dimensions: 15x12.2, On Level: 1/Main
  • Utility Room Level: 2/Upper
  • Bonus Rooms: Den, Loft
  • Price Per Sq Ft: 147.49
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 149.52

Exterior Features

  • Patio: Deck
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Shake, Fiber Cement
  • Siding Style: Lap
  • View: Territorial

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: Connected, City
  • Water Heater: Gas

Schools

  • Elementary School: Sumpter
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 0.13
  • Estimated Lot Sq Ft: 5750
  • Lot: 32
  • Price Per Acre: 2768461.54
  • Rv Amenities: Area/Room For
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 17-18
  • Tax Account Number: R337622
  • Tax Amount: 5070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Apr 8, 2019
Sold by
Salvo Mark A and Salvo Deanna R
Bought by
Morgan Ronald A and Morgan Krista K
Seller's Agent
Jake Lucey
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Brian Smith
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$374,900
Sold Price
$355,000
Premium/Discount to List
-$19,900
-5.31%
Current Estimated Value
$600,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,625
Avg. Annual Appreciation
7.99%
Original Mortgage
$327,635
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2015
Sold by
Fox John L
Bought by
Salvo Mark A and Salvo Deanna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
3.81%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 2009
Sold by
Liberty Bank
Bought by
Fox John L

Purchase Details

Closed on
Aug 7, 2008
Sold by
Cornerstone Building Co
Bought by
Libertybank

Purchase Details

Closed on
Aug 15, 2006
Sold by
Bybee Mark D and Bybee Tracille G
Bought by
Cornerstone Building Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.76%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Morgan Ronald A $355,000 Amerititle
Salvo Mark A $280,000 First American
Fox John L $260,000 Fidelity Natl Title Co Of Or
Libertybank $357,265 None Available
Cornerstone Building Co $92,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Ronald A $326,867
Closed Morgan Ronald A $325,231
Closed Morgan Ronald A $327,635
Previous Owner Salvo Mark A $274,928
Previous Owner Fox John L $132,500
Previous Owner Cornerstone Building Co $320,000
Previous Owner Cornerstone Building Co $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2019 04/08/19 Sold $355,000 -1.4% $147 / Sq Ft
02/14/2019 02/14/19 Price Changed $359,900 -4.0% $150 / Sq Ft
01/11/2019 01/11/19 For Sale $374,900 -- $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 $6,629 $337,610 -- --
2023 $6,433 $327,780 $0 $0
2022 $6,066 $318,240 $0 $0
2021 $5,893 $308,980 $0 $0
2020 $5,721 $299,990 $0 $0
2019 $5,520 $291,260 $0 $0
2018 $5,617 $0 $0 $0
2017 $5,070 $0 $0 $0
2016 $4,829 $0 $0 $0
2015 $4,866 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jake Lucey

    Seller's Agent in 2019

    Jake Lucey

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 999-6578

    9 in this area

    157 Total Sales

    Jake Lucey
    Section Image
  • Brian Smith

    Buyer's Agent in 2019

    Brian Smith

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 551-8510

    14 in this area

    158 Total Sales

    Brian Smith
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 743348

Willamette Valley MLS

APN: 337622

Oregon Marion County Salem 97306 South Gateway

5230 Norma Ave SE, Salem, OR

This home is located at 5230 Norma Ave SE, Salem, OR 97306 since 11 January 2019 and is currently estimated at $600,625, approximately $249 per square foot. This property was built in 2007. 5230 Norma Ave SE is a home located in Marion County with nearby schools including Sumpter Elementary School, Crossler Middle School, and Sprague 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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