NOT LISTED FOR SALE

5337 Sparta Loop SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $446,000 - $498,000

3 Beds
2 Baths
1,600 Sq Ft
$301/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $440,000 $275 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,940/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Den
  • 2 Car Attached Garage
  • Family Room with Fireplace
  • Fenced Yard
  • Patio

About This Home

As of August 2021

3 bedroom, 2 bath single-level home in great South Salem location! Almost a third of an acre with a huge deck overlooking grounds and pond. Beautiful mature landscaping and room for an RV! New appliances (2020), new interior & exterior paint. Close to I-5 and downtown.

Last Agent to Sell the Property

Katherine Peterson

WORKS REAL ESTATE License #201211109 Listed on: 06/25/2021

Co-Listed By

Janell Kolenc

RESULTS REALTY License #200212067

Last Buyer's Agent

MARISA ALVAREZ

REGER HOMES, LLC License #201247743

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,032

Year Built

  • Built in 1999

Lot Details

  • 0.28 Acre Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Home Design

  • Shingle Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Den

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,032

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Built-In, Electric
  • Syndicated Remarks: 3 bedroom, 2 bath single-level home in great South Salem location! Almost a third of an acre with a huge deck overlooking grounds and pond. Beautiful mature landscaping and room for an RV! New appliances (2020), new interior & exterior paint. Close to I-5 and downtown.
  • Cross Street: Olympic Ave
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room
  • Negotiable Inclusions: Kitchen Appliances & Washer/Dryer
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Additional Room: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Bonus Rooms: Den
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Shingle
  • Siding: Wood
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Forced Air, Gas
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Gas

Lot Info

  • Acres: 0.28
  • Estimated Lot Sq Ft: 12197
  • Lot: .
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R65725
  • Tax Years: 2020-21
  • Tax Amount: 4032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 2, 2021
Sold by
Bivins Louis T and Bivins Teresa H
Bought by
Culhane Charles A and Burgess Raquel C
Seller's Agent
Katherine Peterson
WORKS REAL ESTATE
Buyer's Agent
MARISA ALVAREZ
REGER HOMES, LLC
List Price
$440,000
Sold Price
$440,000
Current Estimated Value
$482,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,274
Avg. Annual Appreciation
2.19%
Original Mortgage
$418,000
Outstanding Balance
$380,262
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$102,012

Purchase Details

Listed on
Sep 24, 2018
Closed on
Nov 6, 2018
Sold by
Krieger Jeremy and Krieger Jennifer
Bought by
Bivins Teresa H and Bivins Louis T
Seller's Agent
Shareef Hagag
HOMESMART REALTY GROUP
Buyer's Agent
Janell Kolenc
RESULTS REALTY
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$230,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2001
Sold by
Schmelebeck Ervin James and Schmelebeck Lori A
Bought by
Krieger Jeremy and Krieger Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2001
Sold by
Fretwell Kent W and Schmelebeck Lori A
Bought by
Schmelebeck Ervin James and Schmelebeck Lori A
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
Culhane Charles A $440,000 Ticor Title Company Of Or
Bivins Teresa H $335,000 Amerititle
Krieger Jeremy $172,500 Amerititle
Schmelebeck Ervin James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Culhane Charles A $418,000
Previous Owner Bivins Teresa H $230,000
Previous Owner Krieger Jeremy $138,000
Closed Krieger Jeremy $25,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2021 08/03/21 Sold $440,000 0.0% $275 / Sq Ft
06/25/2021 06/25/21 For Sale $440,000 +31.3% $275 / Sq Ft
11/08/2018 11/08/18 Sold $335,000 0.0% $209 / Sq Ft View Prior Sale
09/24/2018 09/24/18 For Sale $335,000 -- $209 / 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 $4,836 $246,300 -- --
2023 $4,693 $239,130 $0 $0
2022 $4,425 $232,170 $0 $0
2021 $4,299 $225,410 $0 $0
2020 $4,303 $218,850 $0 $0
2019 $4,151 $212,480 $0 $0
2018 $4,098 $0 $0 $0
2017 $3,699 $0 $0 $0
2016 $3,523 $0 $0 $0
2015 $3,550 $0 $0 $0
2014 $3,436 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katherine Peterson

    Seller's Agent in 2021

    Katherine Peterson

    WORKS REAL ESTATE

    (503) 507-2795

    2 in this area

    20 Total Sales

    Katherine Peterson
    Section Image
  • Janell Kolenc

    Seller Co-Listing Agent in 2021

    Janell Kolenc

    RESULTS REALTY

    (503) 508-5652

    4 in this area

    74 Total Sales

    Janell Kolenc
    Section Image

  • M

    Buyer's Agent in 2021

    MARISA ALVAREZ

    REGER HOMES, LLC

    (971) 304-9200

    2 in this area

    15 Total Sales

    MARISA ALVAREZ
    Section Image
  • Shareef Hagag

    Seller's Agent in 2018

    Shareef Hagag

    HOMESMART REALTY GROUP

    (503) 510-2607

    6 in this area

    62 Total Sales

    Shareef Hagag
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 779730

Willamette Valley MLS

APN: 565725

Oregon Marion County Salem 97306 South Gateway

5337 Sparta Loop SE, 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. WVMLS Member Broker: Arlene Richardson

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