NOT LISTED FOR SALE

5445 Reed Ln SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $510,000 - $591,000

3 Beds
2 Baths
2,400 Sq Ft
$230/Sq Ft Est. Value

About This Home

This home is located at 5445 Reed Ln SE, Salem, OR 97306 and is currently estimated at $551,882, approximately $229 per square foot. 5445 Reed Ln SE is a home located in Marion County with nearby schools including Pringle Elementary School, Judson Middle School, and South Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2012
Sold by
Fox Joseph R
Bought by
Heart James B
Current Estimated Value
$551,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,532
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 2011
Sold by
Us Bank National Association
Bought by
Fox Joseph R

Purchase Details

Closed on
Jan 21, 2011
Sold by
Boyd Randy N
Bought by
Us Bank National Association

Purchase Details

Closed on
May 2, 2006
Sold by
Boyd Robin R
Bought by
Boyd Randy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 6, 2004
Sold by
Boyd Robin R
Bought by
Boyd Robin R and Boyd Randy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving
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.

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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.

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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.

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Quantarium

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Average Value
Not Available
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
Heart James B $186,900 Ticor Title
Fox Joseph R $162,000 Fatco
Us Bank National Association $249,050 None Available
Boyd Randy N -- Fidelity Natl Title Co Of Or
Boyd Robin R -- Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heart James B $75,890
Previous Owner Heart James B $182,532
Previous Owner Boyd Randy N $240,000
Previous Owner Boyd Robin R $20,000
Previous Owner Boyd Robin R $198,000
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 $6,144 $312,920 -- --
2023 $5,963 $303,810 $0 $0
2022 $5,622 $294,970 $0 $0
2021 $5,462 $286,380 $0 $0
2020 $5,302 $278,040 $0 $0
2019 $5,116 $269,950 $0 $0
2018 $5,206 $0 $0 $0
2017 $4,699 $0 $0 $0
2016 $4,476 $0 $0 $0
2015 $4,510 $0 $0 $0
2014 $4,364 $0 $0 $0
Source: Public Records

Map

Oregon Marion County Salem 97306 South Gateway

5445 Reed Ln SE, Salem, OR

This home is located at 5445 Reed Ln SE, Salem, OR 97306 and is currently estimated at $551,882, approximately $229 per square foot. 5445 Reed Ln SE is a home located in Marion County with nearby schools including Pringle Elementary School, Judson Middle School, and South Salem High School.

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