NOT LISTED FOR SALE

5462 Terra Cotta Dr SE Unit 57) Dr Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $576,194 - $618,000

3 Beds
3 Baths
2,112 Sq Ft
$282/Sq Ft Est. Value

About This Home

This home is located at 5462 Terra Cotta Dr SE Unit 57) Dr, Salem, OR 97306 and is currently estimated at $594,549, approximately $281 per square foot. 5462 Terra Cotta Dr SE Unit 57) 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
Jan 13, 2022
Sold by
Saales Benjamin E
Bought by
Saales Shawn
Current Estimated Value
$594,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$358,409
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$236,140

Purchase Details

Closed on
Nov 29, 2021
Sold by
Schiedler Jay T and Schiedler Stephanie
Bought by
Scales Shaun and Scales Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$358,409
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$236,140

Purchase Details

Closed on
Jan 25, 2021
Sold by
Jay Schieler
Bought by
Schiedler Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2020
Sold by
Schiedler Stephanie E
Bought by
Schiedler Jay T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2017
Sold by
Banner Homes Llc
Bought by
Schiedler Jay T and Schielder Stephanie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 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
$300,500
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Saales Shawn $174,435 None Available
Scales Shaun $535,000 Amerititle
Schiedler Stephanie -- None Available
Schiedler Jay T -- Accommodation
Schiedler Jay T $376,000 Amerititle
Banner Homes Llc $66,702 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scales Shaun $390,000
Previous Owner Schiedler Jay T $275,000
Previous Owner Schiedler Jay T $300,500
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 $6,427 $327,320 -- --
2023 $6,237 $317,790 $0 $0
2022 $5,881 $308,540 $0 $0
2021 $5,713 $299,560 $0 $0
2020 $5,718 $290,840 $0 $0
2019 $5,351 $282,370 $0 $0
2018 $5,446 $0 $0 $0
2017 $1,149 $0 $0 $0
2016 $462 $0 $0 $0
Source: Public Records

Map

Oregon Marion County Salem 97306 South Gateway

5462 Terra Cotta Dr SE Unit 57) Dr, Salem, OR

This home is located at 5462 Terra Cotta Dr SE Unit 57) Dr, Salem, OR 97306 and is currently estimated at $594,549, approximately $281 per square foot. 5462 Terra Cotta Dr SE Unit 57) 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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