NOT LISTED FOR SALE

540 Fairview Ave SE Unit 550 Salem, OR 97302

South Central Neighborhood

Estimated Value: $429,000 - $526,000

2 Beds
2 Baths
1,038 Sq Ft
$443/Sq Ft Est. Value

About This Home

This home is located at 540 Fairview Ave SE Unit 550, Salem, OR 97302 and is currently estimated at $460,265, approximately $443 per square foot. 540 Fairview Ave SE Unit 550 is a home located in Marion County with nearby schools including McKinley Elementary School, Leslie Middle School, and South Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2023
Sold by
Labadie Aaron and Labadie Sydney
Bought by
Aaron And Sydney Labadie Living Trust and Labadic
Current Estimated Value
$460,265

Purchase Details

Closed on
Apr 14, 2017
Sold by
Medina Henry A
Bought by
Labadie Aaron and Labadie Sydney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2015
Sold by
Mesdag Thomas
Bought by
Medina Henry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,069
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2015
Sold by
Major Karla and Gilliland Karla
Bought by
Mesdag Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,069
Interest Rate
3.98%
Mortgage Type
FHA
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
Aaron And Sydney Labadie Living Trust -- None Listed On Document
Labadie Aaron $264,000 Lawyers Title
Medina Henry A $217,000 First American
Mesdag Thomas $30,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labadie Aaron $89,000
Previous Owner Labadie Aaron $236,000
Previous Owner Labadie Aaron $183,750
Previous Owner Medina Henry A $213,069
Source: Public Records

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 $3,779 $192,450 -- --
2023 $3,667 $186,850 $0 $0
2022 $3,458 $181,410 $0 $0
2021 $3,359 $176,130 $0 $0
2020 $3,261 $171,000 $0 $0
2019 $3,146 $166,020 $0 $0
2018 $3,202 $0 $0 $0
2017 $2,890 $0 $0 $0
2016 $2,753 $0 $0 $0
2015 $2,774 $0 $0 $0
2014 $2,684 $0 $0 $0
Source: Public Records

Map

Oregon Marion County Salem 97302 South Central

540 Fairview Ave SE Unit 550, Salem, OR

This home is located at 540 Fairview Ave SE Unit 550, Salem, OR 97302 and is currently estimated at $460,265, approximately $443 per square foot. 540 Fairview Ave SE Unit 550 is a home located in Marion County with nearby schools including McKinley Elementary School, Leslie Middle School, and South Salem 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.

Nearby Homes