NOT LISTED FOR SALE

540 NE Magnolia Ave Sublimity, OR 97385

Estimated Value: $607,000 - $662,000

3 Beds
2 Baths
2,272 Sq Ft
$283/Sq Ft Est. Value

Last Sold February 15, 2021

Last sale price $489,950 $216 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,781/month

Highlights

  • New Construction
  • Main Floor Primary Bedroom
  • First Floor Utility Room
  • Living Room with Fireplace
  • Covered Patio or Porch
  • 3 Car Attached Garage

About This Home

As of February 2021

Estimated completion 2/10/21. The Ripplebrook features a Great-rm w/ gas fireplace and slider to the patio. Kitchen w/quartz counters, island, stainless appliances, soft close doors & drawers on custom painted cabinets. Master features soak tub, separate shower, dbl sink vanity & large walk-in closet. 3 car garage w/mandoor. Selections have been made on all hardsurfaces, no changes allowed. See attached Specs.

Last Agent to Sell the Property

MIKE AGEE

RE/MAX ADVANTAGE GROUP License #830900045 Listed on: 01/15/2021

Last Buyer's Agent

Michael Agee

RE/MAX ADVANTAGE GROUP License #201221688

RE/MAX ADVANTAGE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,305

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 10,001

Parking

  • 3 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,272 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 10,001 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 68

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,305

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 2/10/21. The Ripplebrook features a Great-rm w/ gas fireplace and slider to the patio. Kitchen w/quartz counters, island, stainless appliances, soft close doors & drawers on custom painted cabinets. Master features soak tub, separate shower, dbl sink vanity & large walk-in closet. 3 car garage w/mandoor. Selections have been made on all hardsurfaces, no changes allowed. See attached Specs.
  • Cross Street: NE Starr St
  • 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: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 15x16, On Level: 1/Main
  • Bedroom 2: Dimensions: 10x11, On Level: 1/Main
  • Bedroom 3: Dimensions: 13x10, On Level: 1/Main
  • Additional Room: Dimensions: 15zx12, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 10x14, On Level: 1/Main
  • Living Room: Dimensions: 17x21, On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 215.65
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 215.65

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Heating/Cooling: 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: 10001
  • Lot: 68
  • Price Per Acre: 2130217.39
  • Rv Amenities: Pad

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 2, 2021
Sold by
West Ridge Homes Inc
Bought by
Davis Don and Davis Whitney
Seller's Agent
MIKE AGEE
RE/MAX ADVANTAGE GROUP
Buyer's Agent
Michael Agee
RE/MAX ADVANTAGE GROUP
List Price
$489,950
Sold Price
$489,950
Current Estimated Value
$642,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,318
Avg. Annual Appreciation
6.44%
Original Mortgage
$184,950
Outstanding Balance
$166,653
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$485,299

Purchase Details

Closed on
May 27, 2020
Sold by
K And F Development Llc
Bought by
West Ridge Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,500
Interest Rate
3.2%
Mortgage Type
Commercial
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
Davis Don $489,950 First American
West Ridge Homes Inc $110,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Don $184,950
Closed Davis Don $184,950
Previous Owner West Ridge Homes Inc $281,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2021 02/15/21 Sold $489,950 0.0% $216 / Sq Ft
01/15/2021 01/15/21 For Sale $489,950 -- $216 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
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 $4,305 $338,020 -- --
2023 $4,185 $328,180 $0 $0
2022 $3,899 $318,630 $0 $0
2021 $2,582 $210,700 $0 $0
2020 $559 $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

    120 Total Sales

    MIKE AGEE
    Section Image
  • Michael Agee

    Buyer's Agent in 2021

    Michael Agee

    RE/MAX

    (503) 309-9138

    10 in this area

    54 Total Sales

    Michael Agee
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 772782

Willamette Valley MLS

APN: 359066

Oregon Marion County Sublimity 97385

540 NE Magnolia Ave, Sublimity, OR

This home is located at 540 NE Magnolia Ave, Sublimity, OR 97385 since 15 January 2021 and is currently estimated at $642,268, approximately $282 per square foot. This property was built in 2021. 540 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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