NOT LISTED FOR SALE

532 NE Magnolia Ave Sublimity, OR 97385

Estimated Value: $666,000 - $713,000

4 Beds
3 Baths
2,591 Sq Ft
$264/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $585,000 $226 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,135/month

17 Days on Market

Highlights

  • New Construction
  • Recreation Room
  • First Floor Utility Room
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • 3 Car Attached Garage

About This Home

As of October 2021

Estimated completion 8/30/21. A/C and 2 garage door openers included! The popular "Columbia" features upstairs area w/bonus rm, bath & bed. Main floor has 3 beds, 2 baths, Great-rm w/gas fireplace & slider to patio. Kitchen w/granite counters, stainless appliances, soft close doors & drawers & custom painted cabinets. Master features soak tub, separate tile shower, dbl sink vanity & large walk-in closet. 3 car garage w/mandoor.

Last Agent to Sell the Property

MIKE AGEE

RE/MAX ADVANTAGE GROUP License #830900045 Listed on: 08/13/2021

Last Buyer's Agent

Holly Dayton

RE/MAX EQUITY GROUP License #200704025

RE/MAX EQUITY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,228

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 10,019

Parking

  • 3 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,591 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Recreation Room
  • First Floor Utility Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • 10,019 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 54

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,228

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • New Construction: Yes
  • Range Facility: Range Included
  • Syndicated Remarks: Estimated completion 8/30/21. A/C and 2 garage door openers included! The popular "Columbia" features upstairs area w/bonus rm, bath & bed. Main floor has 3 beds, 2 baths, Great-rm w/gas fireplace & slider to patio. Kitchen w/granite counters, stainless appliances, soft close doors & drawers & custom painted cabinets. Master features soak tub, separate tile shower, dbl sink vanity & large walk-in closet. 3 car garage w/mandoor.
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Gas, Living Room
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 13x16, On Level: 1/Main
  • Bedroom 2: Dimensions: 11x11, On Level: 1/Main
  • Bedroom 3: Dimensions: 11x10, On Level: 1/Main
  • Bedroom 4: Dimensions: 14x13, On Level: 2/Upper
  • Additional Room: Dimensions: 14x29, On Level: 2/Upper
  • Dining Room: 1/Main, Dimensions: 18x10, On Level: 1/Main
  • Living Room: Dimensions: 18x16, On Level: 1/Main
  • Kitchen: Dimensions: 13x9, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Rec Room
  • Price Per Sq Ft: 225.78
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 216.11

Exterior Features

  • Patio: Patio
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Heating/Cooling: Central Ac, Forced Air, Gas
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Schools

  • Elementary School: Sublimity
  • Middle School: Sublimity
  • High School: Stayton

Lot Info

  • Acres: 0.23
  • Estimated Lot Sq Ft: 10019
  • Lot: 54
  • Price Per Acre: 2434565.22
  • Rv Amenities: Pad
  • Geo Subdivision: OR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Aug 31, 2021
Sold by
Raasch Construction Ltd
Bought by
Lulay Justin D and Lulay Sarah N
Seller's Agent
MIKE AGEE
RE/MAX ADVANTAGE GROUP
Buyer's Agent
Holly Dayton
RE/MAX EQUITY GROUP
List Price
$559,950
Sold Price
$585,000
Premium/Discount to List
$25,050
4.47%
Current Estimated Value
$684,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,981
Avg. Annual Appreciation
4.86%
Original Mortgage
$455,000
Outstanding Balance
$368,191
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$332,771

Purchase Details

Closed on
Aug 28, 2020
Sold by
K And F Development Llc
Bought by
Raasch Construction Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
2.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Lulay Justin D $585,000 First American
Raasch Construction Ltd $115,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lulay Justin D $455,000
Previous Owner Raasch Construction Ltd $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $585,000 +4.5% $226 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $559,950 0.0% $216 / Sq Ft
08/23/2021 08/23/21 Price Changed $559,950 +0.9% $216 / Sq Ft
08/16/2021 08/16/21 Price Changed $554,950 +0.9% $214 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $549,950 -- $212 / 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 $4,228 $331,940 -- --
2023 $4,110 $322,280 $0 $0
2022 $3,829 $312,900 $0 $0
2021 $558 $45,530 $0 $0
2020 $2,752 $44,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • MIKE AGEE

    Seller's Agent in 2021

    MIKE AGEE

    RE/MAX

    (503) 504-2499

    42 in this area

    123 Total Sales

    Section Image
  • Holly Dayton

    Buyer's Agent in 2021

    Holly Dayton

    RE/MAX

    (503) 320-5140

    8 in this area

    64 Total Sales

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 782171

Willamette Valley MLS

APN: 359052

Oregon Marion County Sublimity 97385

532 NE Magnolia Ave, Sublimity, OR

This home is located at 532 NE Magnolia Ave, Sublimity, OR 97385 since 13 August 2021 and is currently estimated at $684,981, approximately $264 per square foot. This property was built in 2021. 532 NE Magnolia Ave is a home located in Marion County with nearby schools including Sublimity Elementary School, Stayton High School, and Regis St. Mary Catholic 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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