NOT LISTED FOR SALE

5450 Terra Cotta Dr SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $516,000 - $592,000

3 Beds
2.5 Baths
1,960 Sq Ft
$285/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $352,850 $180 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,475/month

Highlights

  • Newly Remodeled
  • Territorial View
  • Covered Patio or Porch
  • Living Room with Fireplace
  • Home Office
  • First Floor Utility Room

About This Home

As of March 2017

New South Salem Home in Woodscape! Close to I­5, schools & parks. This custom home has premium laminate wood flooring, carpet and tile. Slab quartz counter tops and AC, double sided indoor/outdoor gas fireplace, and large covered patio. Fully landscaped, irrigated, & fenced backyard.Pre-Sold. Completion date to be March 2017.

Last Agent to Sell the Property

Kevin Nunn

TRADITION REAL ESTATE PARTNERS License #201207110 Listed on: 12/30/2016

Co-Listed By

James Hauge

LEGACY REAL ESTATE License #200107093

Last Buyer's Agent

John Kirk

TOMSON BURNHAM, LLC License #200405342

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $463

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 8,648 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Sprinkler System
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Board and Batten Siding
  • Wood Siding
  • Lap Siding
  • Stone Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Home Office
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 60

Home Details

Home Type

Single Family

Est. Annual Taxes

$463

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Yes
  • New Construction: Yes
  • Range Facility: Gas, Microwave Included, Range Included
  • Syndicated Remarks: New South Salem Home in Woodscape! Close to I­5, schools & parks. This custom home has premium laminate wood flooring, carpet and tile. Slab quartz counter tops and AC, double sided indoor/outdoor gas fireplace, and large covered patio. Fully landscaped, irrigated, & fenced backyard. Pre-Sold. Completion date to be March 2017.
  • Cross Street: Battlecreek
  • Year Built: 2016
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: Range, Dishwasher, Micro
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 2.5
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 18.6x13.1, On Level: 1/Main
  • Bedroom 2: Dimensions: 10.6x11.1, On Level: 1/Main
  • Bedroom 3: Dimensions: 10.8x11.1, On Level: 1/Main
  • Additional Room: Dimensions: 9.1x13.1, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 15.6x13.4, On Level: 1/Main
  • Living Room: Dimensions: 17.8x18.8, On Level: 1/Main
  • Kitchen: Dimensions: 17.4x9.1, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Office, Walk-In Pantry
  • Price Per Sq Ft: 180.03
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 178.57

Exterior Features

  • Patio: Covered Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Rock, Fiber Cement, Wood
  • Siding Style: Board & Batt, Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Schools

  • Elementary School: Pringle
  • Middle School: Judson
  • High School: South Salem

Lot Info

  • Acres: 0.2
  • Estimated Lot Sq Ft: 8648
  • Lot: 60
  • Lot Type: Irregular
  • Price Per Acre: 1750000
  • Underground Sprinklers: Yes
  • Zoning: RS

Tax Info

  • Tax Years: 16-17
  • Tax Account Number: R353154
  • Tax Amount: 463

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2016
Closed on
Mar 29, 2017
Sold by
Banner Homes Llc
Bought by
Blaumer Chris and Blaumer Akiko
Seller's Agent
Kevin Nunn
TRADITION REAL ESTATE PARTNERS
Buyer's Agent
John Kirk
TOMSON BURNHAM, LLC
List Price
$350,000
Sold Price
$352,850
Premium/Discount to List
$2,850
0.81%
Current Estimated Value
$557,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,052
Avg. Annual Appreciation
5.52%
Original Mortgage
$280,000
Outstanding Balance
$232,618
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$325,284

Purchase Details

Listed on
Dec 30, 2016
Closed on
Feb 21, 2017
Sold by
Hsf Development Llc
Bought by
Banner Homes Llc
Seller's Agent
Kevin Nunn
TRADITION REAL ESTATE PARTNERS
Buyer's Agent
John Kirk
TOMSON BURNHAM, LLC
List Price
$350,000
Sold Price
$352,850
Premium/Discount to List
$2,850
0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$232,618
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$325,284
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blaumer Chris $352,850 Amerititle
Banner Homes Llc $66,702 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blaumer Chris $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $352,850 +0.8% $180 / Sq Ft
12/30/2016 12/30/16 For Sale $350,000 -- $179 / Sq Ft
12/04/2016 12/04/16 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 $6,075 $309,400 -- --
2023 $5,896 $300,390 $0 $0
2022 $5,559 $291,650 $0 $0
2021 $5,400 $283,160 $0 $0
2020 $5,405 $274,920 $0 $0
2019 $5,059 $266,920 $0 $0
2018 $5,148 $0 $0 $0
2017 $2,351 $0 $0 $0
2016 $462 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Nunn

    Seller's Agent in 2017

    Kevin Nunn

    TRADITION REAL ESTATE PARTNERS

    (503) 409-9222

    21 in this area

    183 Total Sales

    Kevin Nunn
    Section Image
  • James Hauge

    Seller Co-Listing Agent in 2017

    James Hauge

    LEGACY REAL ESTATE

    (503) 877-2101

    8 in this area

    111 Total Sales

    James Hauge
    Section Image

  • J

    Buyer's Agent in 2017

    John Kirk

    TOMSON BURNHAM, LLC

    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 713306

Willamette Valley MLS

APN: 353154

Oregon Marion County Salem 97306 South Gateway

5450 Terra Cotta Dr SE, Salem, OR

This home is located at 5450 Terra Cotta Dr SE, Salem, OR 97306 since 30 December 2016 and is currently estimated at $557,902, approximately $284 per square foot. This property was built in 2016. 5450 Terra Cotta Dr SE is a home located in Marion County with nearby schools including Pringle Elementary School, Judson Middle School, and South 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

Nearby Homes