NOT LISTED FOR SALE

545 Welcome Way SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $531,284 - $648,000

3 Beds
2.5 Baths
2,229 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 25, 2013

Last sale price $240,000 $108 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $3,589/month

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • 2 Car Attached Garage
  • Territorial View
  • First Floor Utility Room
  • Patio

About This Home

As of February 2013

This home is located at 545 Welcome Way SE, Salem, OR 97302 since 23 January 2013 and is currently estimated at $581,571, approximately $260 per square foot. This property was built in 1961. 545 Welcome Way SE is a home located in Marion County with nearby schools including Wright Elementary School, Judson Middle School, and Sprague High School.

Last Agent to Sell the Property

Carolyn Alexander

WINDERMERE PACIFIC WEST PROP License #921000050 Listed on: 01/23/2013

WINDERMERE PACIFIC WEST PROP

Last Buyer's Agent

Dana Burk

KELLER WILLIAMS CAPITAL CITY License #200302137

KELLER WILLIAMS CAPITAL CITY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,756

Year Built

  • Built in 1961

Lot Details

  • 10,320 Sq Ft Lot
  • Lot Dimensions are 85 x 120
  • Partially Fenced Property
  • Landscaped
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 2,229 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Shop

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 4 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,756

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Yes
  • Range Facility: Electric, Built-In, Range Included
  • Syndicated Remarks: This sprawling rancher has a Brand New Roof and Carpet! Beautiful Hardwood floors in Living room, Dining room and two bedrooms. New Dishwasher. Abundant storage with built-in drawers in two bedroom closets! Sturdy solid wood 6 panel doors throughout. Full home inspection on file and all repairs have been completed including a new 200 amp service electrical panel. Home could be made to have 4 bedrooms with the addition of one wall. Bonus building approx. 10 x 16 has electricity and concrete foundation.
  • Cross Street: Commercial
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Family Room
  • Negotiable Inclusions: Refrigerator
  • Flooring: Carpet, Wood, Laminate, Vinyl
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 2.5
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 107.67
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 107.67

Exterior Features

  • Patio: Patio
  • Exterior Color: Lt Grey
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Separate Shop
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Unknown
  • Water: Connected, City
  • Water Heater: Electric

Schools

  • Elementary School: Faye Wright
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 0.23
  • Estimated Lot Dimensions: 85 X 120
  • Estimated Lot Sq Ft: 10320
  • Lot: 4
  • Lot Type: Dimension Above
  • Price Per Acre: 1043478.26
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 11/12
  • Tax Account Number: R65207
  • Tax Amount: 3756

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2021
Sold by
Bailey Jacquelyn J
Bought by
Bailey Jacquelyn J and Jacquelyn J Bailey Trust
Current Estimated Value
$581,571

Purchase Details

Listed on
Jan 23, 2013
Closed on
Feb 21, 2013
Sold by
Roberts Christopher J
Bought by
Bailey Jacquelyne J
Seller's Agent
Carolyn Alexander
WINDERMERE PACIFIC WEST PROP
Buyer's Agent
Dana Burk
KELLER WILLIAMS CAPITAL CITY
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$192,000
Outstanding Balance
$136,714
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$458,296
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
Bailey Jacquelyn J -- None Available
Bailey Jacquelyne J $240,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Jacquelyne J $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2013 02/25/13 Sold $240,000 0.0% $108 / Sq Ft
01/23/2013 01/23/13 For Sale $240,000 -- $108 / Sq Ft
12/18/2011 12/18/11 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 $6,056 $308,420 -- --
2023 $5,877 $299,440 $0 $0
2022 $5,541 $290,720 $0 $0
2021 $5,383 $282,260 $0 $0
2020 $5,226 $274,040 $0 $0
2019 $5,042 $266,060 $0 $0
2018 $5,132 $0 $0 $0
2017 $4,632 $0 $0 $0
2016 $4,412 $0 $0 $0
2015 $4,445 $0 $0 $0
2014 $4,228 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Alexander

    Seller's Agent in 2013

    Carolyn Alexander

    WINDERMERE PACIFIC WEST PROP

    (503) 851-7024

    1 in this area

    37 Total Sales

    Carolyn Alexander
    Section Image
  • Dana Burk

    Buyer's Agent in 2013

    Dana Burk

    KELLER WILLIAMS CAPITAL CITY

    (503) 409-5861

    3 in this area

    100 Total Sales

    Dana Burk
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 660164

Willamette Valley MLS

APN: 565207

Oregon Marion County Salem 97302 Faye Wright

545 Welcome Way SE, Salem, OR

This home is located at 545 Welcome Way SE, Salem, OR 97302 since 23 January 2013 and is currently estimated at $581,571, approximately $260 per square foot. This property was built in 1961. 545 Welcome Way SE is a home located in Marion County with nearby schools including Wright Elementary School, Judson Middle School, and Sprague 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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