NOT LISTED FOR SALE

5456 Terra Cotta Dr SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $576,000 - $634,000

3 Beds
2.5 Baths
2,203 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $377,055 $171 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,713/month

Highlights

  • Newly Remodeled
  • Territorial View
  • Covered Patio or Porch
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • 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. Master suite sits on main level with walk-in closet and tiled shower. Fully landscaped, irrigated, & fenced backyard.Pre-Sold. Home to be completed 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

JUDY PRICE-KIRK

INTEGRITY REAL ESTATE GROUP License #960500133

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $463

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 7,456 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

  • 2,203 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Territorial Views

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

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 56

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: 2 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. Master suite sits on main level with walk-in closet and tiled shower. Fully landscaped, irrigated, & fenced backyard. Pre-Sold. Home to be completed March 2017.
  • Cross Street: Battlecreek
  • Year Built: 2016
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

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: 1.5
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 15.1x16.1, On Level: 1/Main
  • Bedroom 2: Dimensions: 11.7x12.11, On Level: 2/Upper
  • Bedroom 3: Dimensions: 11.7x12.11, On Level: 2/Upper
  • Additional Room: Dimensions: 11.1x11.8, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 15.6x11.4, On Level: 1/Main
  • Living Room: Dimensions: 15.6x20.4, On Level: 1/Main
  • Kitchen: Dimensions: 10.4x14.10, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Walk-In Pantry
  • Price Per Sq Ft: 171.16
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 171.13

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: 7456
  • Lot: 56
  • Lot Type: Irregular
  • Price Per Acre: 1885000
  • Underground Sprinklers: Yes
  • Zoning: RS

Tax Info

  • Tax Years: 16-17
  • Tax Account Number: R353150
  • 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
Sit Weng Kai and Sit Kin Tou
Seller's Agent
Kevin Nunn
TRADITION REAL ESTATE PARTNERS
Buyer's Agent
JUDY PRICE-KIRK
INTEGRITY REAL ESTATE GROUP
List Price
$377,000
Sold Price
$377,055
Premium/Discount to List
$55
0.01%
Current Estimated Value
$594,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,087
Avg. Annual Appreciation
5.48%
Original Mortgage
$301,644
Outstanding Balance
$250,600
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$343,542

Purchase Details

Listed on
Dec 30, 2016
Closed on
Mar 23, 2017
Sold by
Hsf Development Llc
Bought by
Banner Homes Llc
Seller's Agent
Kevin Nunn
TRADITION REAL ESTATE PARTNERS
Buyer's Agent
JUDY PRICE-KIRK
INTEGRITY REAL ESTATE GROUP
List Price
$377,000
Sold Price
$377,055
Premium/Discount to List
$55
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,644
Outstanding Balance
$250,600
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$343,542
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
Sit Weng Kai $377,055 Amerititle
Banner Homes Llc $66,702 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sit Weng Kai $301,644
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $377,055 0.0% $171 / Sq Ft
12/30/2016 12/30/16 For Sale $377,000 -- $171 / Sq Ft
12/09/2016 12/09/16 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 $6,611 $336,710 -- --
2023 $6,416 $326,910 $0 $0
2022 $6,050 $317,390 $0 $0
2021 $5,877 $308,150 $0 $0
2020 $5,705 $299,180 $0 $0
2019 $5,505 $290,470 $0 $0
2018 $5,602 $0 $0 $0
2017 $2,138 $0 $0 $0
2016 $462 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 713307

Willamette Valley MLS

APN: 353150