NOT LISTED FOR SALE

5462 Terra Cotta Dr SE Salem, OR 97306

South Gateway Neighborhood

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

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

Last Sold November 29, 2021

Last sale price $535,000 $253 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,700/month

Highlights

  • Living Room with Fireplace
  • First Floor Utility Room
  • Security System Owned
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of November 2021

This well maintained 4 bedroom 2 and a half bath in South Salem home is ideal for entertaining friends and family; with the open concept living space to the outdoor patio. This home features an indoor-outdoor fireplace, top of the line kitchen appliances, and a large bonus room upstairs. The owners suite is on the main level and includes a spacious closest and bathroom. Located in a quiet cul-de-sac, within walking distance to West Bennett Park.

Last Agent to Sell the Property

Kelsey Bruce

COHO REALTY License #201233986 Listed on: 10/08/2021

COHO REALTY

Last Buyer's Agent

KARISA PATTON

PARAMOUNT REAL ESTATE SERVICES License #201226218

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,716

Year Built

  • Built in 2017

Lot Details

  • 7,841 Sq Ft Lot
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,112 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Security System Owned

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Covered Patio or Porch
  • Central Air

Listing and Financial Details

  • Tax Lot 57

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,716

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Gas
  • Syndicated Remarks: This well maintained 4 bedroom 2 and a half bath in South Salem home is ideal for entertaining friends and family; with the open concept living space to the outdoor patio. This home features an indoor-outdoor fireplace, top of the line kitchen appliances, and a large bonus room upstairs. The owners suite is on the main level and includes a spacious closest and bathroom. Located in a quiet cul-de-sac, within walking distance to West Bennett Park.
  • Cross Street: Barlle Creed Rd. SE
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Gas, Living Room
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 2.5
  • Bedrooms: 4
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Bedroom 4: On Level: 2/Upper
  • 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: 253.31
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 248.58

Exterior Features

  • Patio: Covered Patio

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac
  • Security System: Owned
  • Sewer City: Yes
  • Water: City

Schools

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

Lot Info

  • Acres: 0.18
  • Estimated Lot Sq Ft: 7841
  • Lot: 57
  • Price Per Acre: 2916666.67
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R353151
  • Tax Years: 2020
  • Tax Account Number: R353151
  • Tax Amount: 5716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Jan 13, 2022
Sold by
Saales Benjamin E
Bought by
Saales Shawn
Seller's Agent
Kelsey Bruce
COHO REALTY
Buyer's Agent
KARISA PATTON
PARAMOUNT REAL ESTATE SERVICES
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
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.
Estimated Appreciation
$59,549
Avg. Annual Appreciation
2.78%
Original Mortgage
$390,000
Outstanding Balance
$358,409
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$236,140

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 29, 2021
Sold by
Schiedler Jay T and Schiedler Stephanie
Bought by
Scales Shaun and Scales Jamie
Seller's Agent
Kelsey Bruce
COHO REALTY
Buyer's Agent
KARISA PATTON
PARAMOUNT REAL ESTATE SERVICES
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%

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

Listed on
Mar 15, 2017
Closed on
May 16, 2017
Sold by
Banner Homes Llc
Bought by
Schiedler Jay T and Schielder Stephanie E
Seller's Agent
Nick Barlow
RANLife REAL ESTATE, INC.
Buyer's Agent
JACOB DRAKE LYNN
KELLER WILLIAMS CAPITAL CITY
List Price
$375,000
Sold Price
$376,000
Premium/Discount to List
$1,000
0.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$300,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2017
Closed on
May 10, 2017
Sold by
Hsf Development Llc
Bought by
Banner Homes Llc
Seller's Agent
Nick Barlow
RANLife REAL ESTATE, INC.
Buyer's Agent
JACOB DRAKE LYNN
KELLER WILLIAMS CAPITAL CITY
List Price
$375,000
Sold Price
$376,000
Premium/Discount to List
$1,000
0.27%

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:

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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
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2021 11/29/21 Sold $535,000 +1.9% $253 / Sq Ft
10/08/2021 10/08/21 For Sale $525,000 +39.6% $249 / Sq Ft
05/17/2017 05/17/17 Sold $376,000 +0.3% $176 / Sq Ft View Prior Sale
03/27/2017 03/27/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $375,000 -- $176 / Sq Ft
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 $6,427 $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

Agents Affiliated with this Home

  • Kelsey Bruce

    Seller's Agent in 2021

    Kelsey Bruce

    COHO REALTY

    (503) 734-7972

    7 in this area

    67 Total Sales

    Kelsey Bruce
    Section Image
  • KARISA PATTON

    Buyer's Agent in 2021

    KARISA PATTON

    PARAMOUNT REAL ESTATE SERVICES

    (503) 930-0038

    3 in this area

    25 Total Sales

    KARISA PATTON
    Section Image

  • N

    Seller's Agent in 2017

    Nick Barlow

    RANLife REAL ESTATE, INC.

    Section Image

  • I

    Seller Co-Listing Agent in 2017

    Ian Palmer*

    KELLER WILLIAMS REALTY PROFESSIONALS

  • J

    Buyer's Agent in 2017

    JACOB DRAKE LYNN

    KELLER WILLIAMS CAPITAL CITY

    (503) 979-3524

    1 in this area

    24 Total Sales

    JACOB DRAKE LYNN
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 781920

Willamette Valley MLS

APN: 353151

Oregon Marion County Salem 97306 South Gateway

5462 Terra Cotta Dr SE, Salem, OR

This home is located at 5462 Terra Cotta Dr SE, Salem, OR 97306 since 08 October 2021 and is currently estimated at $594,549, approximately $281 per square foot. This property was built in 2017. 5462 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

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