NOT LISTED FOR SALE

545 Patterson St NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $332,000 - $353,000

3 Beds
2 Baths
1,068 Sq Ft
$324/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $300,000 $281 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,987/month

18 Days on Market

Highlights

  • Covered Deck
  • Fenced Yard
  • Shed
  • Mud Room
  • 1 Car Attached Garage
  • High Speed Internet

About This Home

As of May 2021

Great opportunity to own this nicely renovated home conveniently located off Edgewater St in W Salem. Home was beautifully updated in 2018/19 with an upstairs bathroom remodel and new vinyl & laminate flooring. Refinished cabinets in kitchen, countertops, sink, electrical & laminate waterproof flooring. This 3/2 home has inside utility/laundry room, spacious detached garage with covered breezeway. Fully fenced yard with room for RV and any of your toys. Lots of house & lots of updates for a great price!

Last Agent to Sell the Property

Amy Clark

BRIGHTHOME REAL ESTATE GROUP License #200606359 Listed on: 03/19/2021

Co-Listed By

Wendy Tornow

BRIGHTHOME REAL ESTATE GROUP License #201219112

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,574

Year Built

  • Built in 1942

Lot Details

  • 4,992 Sq Ft Lot
  • Fenced Yard
  • Property is zoned CO

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,068 Sq Ft Home
  • 2-Story Property
  • Mud Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Shed

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 29 / 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,574

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Electric
  • Syndicated Remarks: Great opportunity to own this nicely renovated home conveniently located off Edgewater St in W Salem. Home was beautifully updated in 2018/19 with an upstairs bathroom remodel and new vinyl & laminate flooring. Refinished cabinets in kitchen, countertops, sink, electrical & laminate waterproof flooring. This 3/2 home has inside utility/laundry room, spacious detached garage with covered breezeway. Fully fenced yard with room for RV and any of your toys. Lots of house & lots of updates for a great price!
  • Cross Street: Ruge
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Flooring: Laminate, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Bonus Rooms: Mudroom
  • Price Per Sq Ft: 280.9
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 279.96

Exterior Features

  • Patio: Covered Deck, Deck
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Out Buildings: Shed
  • Roof: Composition, Shingle
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Schools

  • Elementary School: Chapman Hill
  • Middle School: Walker

Lot Info

  • Acres: 0.11
  • Estimated Lot Sq Ft: 4992
  • Lot: 29
  • Lot Type: Dimension Above
  • Price Per Acre: 2718181.82
  • Zoning: CO
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 4
  • Assessor Parcel Number: 257985
  • Tax Years: 2019
  • Tax Account Number: 257985
  • Tax Amount: 1574

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 17, 2021
Sold by
Johnson Kristy A and Rosasco Marrie
Bought by
Shepherd Dominic Edward
Seller's Agent
Amy Clark
BRIGHTHOME REAL ESTATE GROUP
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Current Estimated Value
$345,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,886
Avg. Annual Appreciation
3.32%
Original Mortgage
$294,566
Outstanding Balance
$268,082
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$77,804

Purchase Details

Closed on
Dec 31, 2009
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Johnson Kristy A and Rosasco Marnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,776
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2009
Sold by
Oregon Housing & Community Services Depa
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 14, 2009
Sold by
Buce Cassie A and Barichio Andrew D
Bought by
Oregon Housing & Community Services Depa

Purchase Details

Closed on
May 31, 2007
Sold by
Emmert Derrick and Leveille Ken
Bought by
Buce Cassie A and Barichio Andrew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,823
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2005
Sold by
Barnes Joseph V
Bought by
Pearson Robb L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
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
Shepherd Dominic Edward $300,000 Fidelity National Title
Johnson Kristy A $88,000 Fidelity Natl Title Co Of Or
Secretary Of Housing & Urban Development $151,930 First American Title
Oregon Housing & Community Services Depa $164,517 First American Title
Buce Cassie A $156,000 Fidelity Natl Title Co Of Or
Pearson Robb L $115,000 Fidelity Natl Title Co Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepherd Dominic Edward $294,566
Previous Owner Johnson Kristy A $88,776
Previous Owner Buce Cassie A $153,823
Previous Owner Pearson Robb L $92,000
Closed Pearson Robb L $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $300,000 +0.3% $281 / Sq Ft
03/19/2021 03/19/21 For Sale $299,000 0.0% $280 / Sq Ft
03/09/2021 03/09/21 Price Changed $299,000 -- $280 / 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
2025 $1,841 $100,600 $35,610 $64,990
2024 $1,841 $97,670 $34,570 $63,100
2023 $1,787 $94,830 $33,570 $61,260
2022 $1,730 $92,070 $32,590 $59,480
2021 $1,681 $89,390 $31,640 $57,750
2020 $1,631 $86,790 $30,720 $56,070
2019 $1,574 $84,270 $29,820 $54,450
2018 $1,548 $81,820 $28,950 $52,870
2017 $1,395 $79,440 $28,110 $51,330
2016 $1,362 $77,130 $27,290 $49,840
2015 $1,374 $74,890 $26,490 $48,400
2014 $1,312 $72,710 $25,720 $46,990
Source: Public Records

Agents Affiliated with this Home

  • Amy Clark

    Seller's Agent in 2021

    Amy Clark

    BRIGHTHOME REAL ESTATE GROUP

    (503) 580-7190

    12 in this area

    182 Total Sales

    Amy Clark
    Section Image
  • Wendy Tornow

    Seller Co-Listing Agent in 2021

    Wendy Tornow

    BRIGHTHOME REAL ESTATE GROUP

    (503) 551-7076

    3 in this area

    56 Total Sales

    Wendy Tornow
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 773966

Willamette Valley MLS

APN: 257985

Oregon Polk County Salem 97304 West Salem

545 Patterson St NW, Salem, OR

This home is located at 545 Patterson St NW, Salem, OR 97304 since 19 March 2021 and is currently estimated at $345,886, approximately $323 per square foot. This property was built in 1942. 545 Patterson St NW is a home located in Polk County with nearby schools including Harritt Elementary School, Walker Middle School, and West 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.

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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