5436 Summerlake St SE Salem, OR 97306
South Gateway NeighborhoodEstimated Value: $531,000 - $561,000
3
Beds
3
Baths
2,306
Sq Ft
$238/Sq Ft
Est. Value
About This Home
This home is located at 5436 Summerlake St SE, Salem, OR 97306 and is currently estimated at $548,158, approximately $237 per square foot. 5436 Summerlake St SE is a home located in Marion County with nearby schools including Lee Elementary School, Judson Middle School, and South Salem High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 1, 2017
Sold by
Cochran Shaun and Rhinehart Rachelle
Bought by
Rhinehart Rachelle
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,235
Outstanding Balance
$195,440
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$352,718
Purchase Details
Closed on
Apr 24, 2017
Sold by
Cochem Shaun
Bought by
Cochem Shaun and Rhinehart Rachelle
Purchase Details
Closed on
Jul 21, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Cochran Shaun M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,852
Interest Rate
5.59%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 3, 2008
Sold by
Oropeza Isidro
Bought by
Deutsche Bank Trust Company Americas
Purchase Details
Closed on
Aug 23, 2006
Sold by
Underwood Jacob T and Underwood Lisa R
Bought by
Oropeza Isidro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,640
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 18, 2003
Sold by
Warren Brenda Jo and Warren Brenda J
Bought by
Underwood Jake T and Underwood Lisa R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
6.22%
Mortgage Type
Balloon
Purchase Details
Closed on
Jun 5, 2003
Sold by
Warren Kenneth T
Bought by
Warren Brenda Jo
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Rhinehart Rachelle | -- | None Available | |
Cochem Shaun | -- | None Available | |
Cochran Shaun M | $229,000 | Lawyers Title Insurance Corp | |
Deutsche Bank Trust Company Americas | $252,668 | Fatco | |
Oropeza Isidro | $295,800 | Fidelity National Title | |
Underwood Jake T | $222,000 | Fidelity Natl Title Co Of Or | |
Warren Brenda Jo | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Rhinehart Rachelle | $233,235 | |
Closed | Cochran Shaun M | $224,852 | |
Previous Owner | Oropeza Isidro | $236,640 | |
Previous Owner | Underwood Jake T | $177,600 | |
Closed | Underwood Jake T | $33,300 |
Source: Public Records
Tax History Compared to Growth
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 | $5,634 | $286,950 | -- | -- |
2023 | $5,468 | $278,600 | $0 | $0 |
2022 | $5,156 | $270,490 | $0 | $0 |
2021 | $5,008 | $262,620 | $0 | $0 |
2020 | $4,863 | $254,980 | $0 | $0 |
2019 | $4,692 | $247,560 | $0 | $0 |
2018 | $4,775 | $0 | $0 | $0 |
2017 | $4,309 | $0 | $0 | $0 |
2016 | $4,105 | $0 | $0 | $0 |
2015 | $4,136 | $0 | $0 | $0 |
2014 | $4,002 | $0 | $0 | $0 |
Source: Public Records
Map
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