NOT LISTED FOR SALE

5353 Sparta Loop SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $519,000 - $544,000

4 Beds
2.5 Baths
2,001 Sq Ft
$263/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $500,000 $250 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,231/month

16 Days on Market

Highlights

  • Family Room with Fireplace
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Territorial View
  • Fenced Yard
  • Covered Deck

About This Home

As of February 2024

Welcome to this beautiful home in a coveted S Salem neighborhood. 4 bd/2.5 ba ready for its new owner! Furnace/AC 2018. Most of roof new in 2022. Security system, smart thermostat, tall toilets! Carpets freshly cleaned. Ready to go for a hot tub, electrical there.

Last Agent to Sell the Property

BARB NORRIS

REDFIN License #201204698 Listed on: 11/15/2023

REDFIN

Last Buyer's Agent

Lauren Casey

WILLCUTS COMPANY REAL ESTATE License #201207386

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,248

Year Built

  • Built in 1992

Lot Details

  • 6,900 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding
  • T111 Siding

Interior Spaces

  • 2,001 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • First Floor Utility Room
  • Territorial Views
  • Security System Owned

Kitchen

  • Convection Oven
  • Gas Range
  • Down Draft Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered Deck
  • Shop

Schools

  • Liberty Elementary School
  • Crossler Middle School
  • Sprague High School

Utilities

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

Community Details

  • Sparta Subdivision

Listing and Financial Details

  • Exclusions: Work Bench, Garage Freezer
  • Tax Lot 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,248

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Home Warranty: Negotiable
  • Range Facility: Convection, Downdraft, Gas, Range Included
  • Syndicated Remarks: Welcome to this beautiful home in a coveted S Salem neighborhood. 4 bd/2.5 ba ready for its new owner! Furnace/AC 2018. Most of roof new in 2022. Security system, smart thermostat, tall toilets! Carpets freshly cleaned. Ready to go for a hot tub, electrical there.
  • Year Built: 1992
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Work Bench, Garage Freezer
  • Fireplace: Family Room, Gas
  • Negotiable Inclusions: Appliances
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: .5
  • Bedrooms: 4
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Bedroom 4: On Level: 2/Upper
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 249.88
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 254.87

Exterior Features

  • Patio: Covered Deck
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Separate Shop
  • Roof: Composition
  • Siding: Vinyl
  • Siding Style: T111
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

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

Lot Info

  • Acres: 0.16
  • Estimated Lot Sq Ft: 6900
  • Lot: 14
  • Price Per Acre: 3187500
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Record: http://www.wvmls.com/tax_info.asp?id=
  • Tax Years: 2023
  • Tax Account Number: 592280
  • Tax Amount: 5248

MLS Schools

  • HighSchool: Sprague
  • Middle School: Crossler
  • Elementary School: Liberty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 31, 2024
Sold by
Gilpin Karen L
Bought by
Koenig Alan and Koenig Kristen
Seller's Agent
BARB NORRIS
REDFIN
Buyer's Agent
Lauren Casey
WILLCUTS COMPANY REAL ESTATE
List Price
$510,000
Sold Price
$500,000
Premium/Discount to List
-$10,000
-1.96%
Views
75
Current Estimated Value
$526,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,549
Avg. Annual Appreciation
3.17%
Original Mortgage
$349,000
Outstanding Balance
$344,518
Interest Rate
6.61%
Mortgage Type
Construction
Estimated Equity
$181,761
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
Koenig Alan $500,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koenig Alan $349,000
Previous Owner Gilpin Karen L $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $500,000 -2.0% $250 / Sq Ft
12/05/2023 12/05/23 For Sale $510,000 -- $255 / 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 $5,408 $275,430 -- --
2023 $5,248 $267,410 $0 $0
2022 $4,949 $259,630 $0 $0
2021 $4,807 $252,070 $0 $0
2020 $4,667 $244,730 $0 $0
2019 $4,503 $237,610 $0 $0
2018 $4,583 $0 $0 $0
2017 $4,136 $0 $0 $0
2016 $3,940 $0 $0 $0
2015 $3,969 $0 $0 $0
2014 $3,842 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Buyer's Agent in 2024

    Lauren Casey

    WILLCUTS COMPANY REAL ESTATE

    (503) 849-7440

    1 in this area

    68 Total Sales

    Lauren Casey
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 811306

Willamette Valley MLS

APN: 592280

Oregon Marion County Salem 97306 South Gateway

5353 Sparta Loop SE, Salem, OR

This home is located at 5353 Sparta Loop SE, Salem, OR 97306 since 15 November 2023 and is currently estimated at $526,549, approximately $263 per square foot. This property was built in 1992. 5353 Sparta Loop SE is a home located in Marion County with nearby schools including Liberty 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