NOT LISTED FOR SALE

5329 Riverdale Rd S Salem, OR 97302

Salem Hills Neighborhood

Estimated Value: $1,511,000 - $1,541,643

13.34 Acres
$114,417 Price per Acre
581,090 Sq Ft Lot

Sale Details

Date Sold: September 15, 2016

Last sale price $225,000

Est. 578% increase in value since last sale

Current estimated payment $8,821 / mo

Highlights

  • 13.34 Acre Lot
  • Mountain View
  • Spring water is a source of water for the property

About This Lot

As of September 2016

Fantastic South Salem acreage to build your dream home. Lots of timber (no cruise) for privacy. Rebuild "tear down" home or get permits to build a new home higher on the property. County says property can't be subdivided.

Last Agent to Sell the Property

BOB FRAZIER

HOMESMART REALTY GROUP License #200512047 Listed on: 08/29/2016

HOMESMART REALTY GROUP

Last Buyer's Agent

Jenn Hill

EXP REALTY, LLC License #201216486

EXP REALTY, LLC

Property Details

Property Type

  • Land

Lot Details

  • 13.34 Acre Lot
  • Irregular Lot
  • Property is zoned SA

Property Views

  • Mountain
  • Territorial

Utilities

  • Spring water is a source of water for the property
  • Septic System
  • Phone Available

Community Details

  • Croisan's Riverdale Acres Subdivision

Listing and Financial Details

  • Tax Lot 22

Property Details

Property Type

Land

Lot Details

13.34 Acres

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: Fantastic South Salem acreage to build your dream home. Lots of timber (no cruise) for privacy. Rebuild "tear down" home or get permits to build a new home higher on the property. County says property can't be subdivided.
  • Cross Street: Vitae Springs
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Negotiable Inclusions: Tear down house, has no value

Exterior Features

  • View: Mountain, Territorial
  • Access: Private

Utilities

  • Water: Spring
  • Electricity: Available
  • High Speed Communications: Unknown
  • Natural Gas: Available
  • Septic Installed: Yes
  • Septic Type: Standard
  • Telephone: Available

Lot Info

  • Acres: 13.34
  • Estimated Lot Sq Ft: 581090
  • Lot: 22
  • Lot Type: Irregular
  • Timber: Yes (Refer To Remarks)
  • Zoning: SA
  • Approved for Manufactured Home: Unknown
  • Corners: Not Flagged
  • Surveyed: Yes
  • Geo Subdivision: OR
  • Map Parcel Number: 084w13b02500

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R46708

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2019
Sold by
Gal Istvan
Bought by
Gal Mary Cathleen and Gal Istvan
Current Estimated Value
$1,526,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,300
Outstanding Balance
$424,045
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,102,277

Purchase Details

Listed on
Aug 29, 2016
Closed on
Sep 14, 2016
Sold by
Walz Francis V and Walz Alene D M
Bought by
Gal Istvan
Seller's Agent
BOB FRAZIER
HOMESMART REALTY GROUP
Buyer's Agent
Jenn Hill
EXP REALTY, LLC
List Price
$265,000
Sold Price
$225,000
Premium/Discount to List
-$40,000
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.05%
Original Mortgage
$370,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Gal Mary Cathleen -- First American
Gal Istvan $225,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gal Mary Cathleen $484,300
Closed Gal Mary Cathleen $307,000
Closed Gal Istvan $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $225,000 -15.1% --
08/29/2016 08/29/16 For Sale $265,000 -- --
08/21/2016 08/21/16 Pending -- -- --
Source: Willamette Valley MLS

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 $8,742 $709,460 -- --
2024 $8,742 $688,800 -- --
2023 $8,532 $668,740 $0 $0
2022 $8,071 $649,270 $0 $0
2021 $7,862 $630,360 $0 $0
2020 $7,650 $612,000 $0 $0
2019 $6,674 $538,060 $0 $0
2018 $9,195 $0 $0 $0
2017 $1,164 $0 $0 $0
2016 $1,087 $0 $0 $0
2015 $1,898 $0 $0 $0
2014 $1,814 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    BOB FRAZIER

    HOMESMART REALTY GROUP

    Section Image
  • Jenn Hill

    Buyer's Agent in 2016

    Jenn Hill

    EXP REALTY, LLC

    (971) 208-2800

    1 in this area

    99 Total Sales

    Jenn Hill
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 709314

Willamette Valley MLS

APN: 546708

Oregon Marion County Salem 97302 Salem Hills

5329 Riverdale Rd S, Salem, OR

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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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