NOT LISTED FOR SALE

5293 Vitae Springs Rd S Salem, OR 97306

Salem Hills Neighborhood

Estimated Value: $1,066,189 - $1,194,000

4 Beds
3 Baths
3,415 Sq Ft
$331/Sq Ft Est. Value

Last Sold December 11, 2014

Last sale price $490,000 $143 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $6,729/month

63 Days on Market

Highlights

  • 5.17 Acre Lot
  • Wood Flooring
  • First Floor Utility Room
  • Wood Burning Stove
  • Main Floor Primary Bedroom
  • Fenced Yard

About This Home

As of December 2014

This home is located at 5293 Vitae Springs Rd S, Salem, OR 97306 since 01 October 2014 and is currently estimated at $1,130,095, approximately $330 per square foot. This property was built in 2004. 5293 Vitae Springs Rd S is a home located in Marion County with nearby schools including Schirle Elementary School, Crossler Middle School, and Sprague High School.

Last Agent to Sell the Property

Steve Nassar

PREMIERE PROPERTY GROUP, LLC License #201202032 Listed on: 10/01/2014

PREMIERE PROPERTY GROUP, LLC

Last Buyer's Agent

Gladys Blum

BLUM REAL ESTATE License #781200091

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,738

Year Built

  • Built in 2004

Lot Details

  • 5.17 Acre Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Tri-Level Property
  • Composition Roof
  • Wood Siding
  • Cedar Siding

Interior Spaces

  • 3,415 Sq Ft Home
  • Wood Burning Stove
  • First Floor Utility Room
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Built-In Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,738

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 3 Tri-Level
  • Range Facility: Built-In
  • Syndicated Remarks: Custom Craftsman in a private & peaceful setting. Sitting on over 5 acres with creek & lake with dock for swimming or trout fishing. Stunning views! Gourmet kitchen, 27 ft vaulted ceilings, loft & master-on-main that opens to private deck & hot tub. Working barn, cross-fenced pasture, chicken coop and raised garden beds. Amazingly close-in to all attractions and great schools in South Salem.
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Stove
  • Wood Burning Stove: Uncertified
  • Flooring: Carpet, Wood
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Number of Main Level Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 17x15, On Level: 1/Main
  • Bedroom 2: Dimensions: 13x12, On Level: 1/Main
  • Bedroom 3: Dimensions: 15x11, On Level: 1/Main
  • Bedroom 4: Dimensions: 16x15, On Level: Lower/Basement
  • Additional Room: Dimensions: 28x15, On Level: 2/Upper
  • Basement: Daylight, Finished
  • Dining Room: Dimensions: 15x7, On Level: 1/Main
  • Family Room: Dimensions: 26x19, On Level: Lower/Basement
  • Living Room: Dimensions: 27x19, On Level: 1/Main
  • Kitchen: Dimensions: 16x9, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 143.48
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 153.73

Exterior Features

  • Fenced Yard: Yes
  • Roof: Composition
  • Siding: Cedar, Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Heat Pump
  • Sewer City: Yes
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Schirle
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 5.17
  • Lot: 4
  • Price Per Acre: 101547.39
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R62830
  • Tax Amount: 4738

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2014
Closed on
Dec 4, 2014
Sold by
Schipporeit Sheri Lynn
Bought by
Klosterman Gregory R and Klosterman Kristi A
Seller's Agent
Steve Nassar
PREMIERE PROPERTY GROUP, LLC
Buyer's Agent
Gladys Blum
BLUM REAL ESTATE
List Price
$550,000
Sold Price
$490,000
Premium/Discount to List
-$60,000
-10.91%
Current Estimated Value
$1,130,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,095
Avg. Annual Appreciation
8.02%
Original Mortgage
$392,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Klosterman Gregory R $490,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klosterman Gregory R $341,500
Closed Klosterman Gregory R $360,000
Closed Klosterman Gregory R $392,000
Previous Owner Schipporeit Sheri Lynn $50,000
Previous Owner Schipporeit Sheri Lynn $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2014 12/11/14 Sold $490,000 -10.9% $143 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $550,000 -- $161 / 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 $6,846 $539,390 -- --
2023 $6,681 $523,680 $0 $0
2022 $6,320 $508,430 $0 $0
2021 $6,157 $493,630 $0 $0
2020 $5,991 $479,260 $0 $0
2019 $5,772 $465,310 $0 $0
2018 $5,875 $0 $0 $0
2017 $5,147 $0 $0 $0
2016 $4,912 $0 $0 $0
2015 $5,048 $0 $0 $0
2014 $4,793 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Nassar

    Seller's Agent in 2014

    Steve Nassar

    PREMIERE PROPERTY GROUP, LLC

    (503) 805-5582

    750 Total Sales

    Steve Nassar
    Section Image
  • Gladys Blum

    Buyer's Agent in 2014

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    24 in this area

    759 Total Sales

    Gladys Blum
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 682584

Willamette Valley MLS

APN: 562830

Oregon Marion County Salem 97302 Salem Hills

5293 Vitae Springs Rd S, Salem, OR

This home is located at 5293 Vitae Springs Rd S, Salem, OR 97306 since 01 October 2014 and is currently estimated at $1,130,095, approximately $330 per square foot. This property was built in 2004. 5293 Vitae Springs Rd S is a home located in Marion County with nearby schools including Schirle 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

Nearby Homes