NOT LISTED FOR SALE

5456 Terra Cotta (Lot Unit 56) Dr Salem, OR 97306

South Gateway Neighborhood

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

2 Beds
3 Baths
2,249 Sq Ft
$264/Sq Ft Est. Value

About This Home

This home is located at 5456 Terra Cotta (Lot Unit 56) Dr, Salem, OR 97306 and is currently estimated at $594,142, approximately $264 per square foot. 5456 Terra Cotta (Lot Unit 56) Dr 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
Mar 29, 2017
Sold by
Banner Homes Llc
Bought by
Sit Weng Kai and Sit Kin Tou
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.
Original Mortgage
$301,644
Outstanding Balance
$250,600
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$343,542

Purchase Details

Closed on
Mar 23, 2017
Sold by
Hsf Development Llc
Bought by
Banner Homes Llc

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:

Collateral Analytics

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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

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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
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

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

Map

Oregon Marion County Salem 97306 South Gateway

5456 Terra Cotta (Lot Unit 56) Dr, Salem, OR

This home is located at 5456 Terra Cotta (Lot Unit 56) Dr, Salem, OR 97306 and is currently estimated at $594,142, approximately $264 per square foot. 5456 Terra Cotta (Lot Unit 56) Dr 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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