NOT LISTED FOR SALE

5471 Terra Cotta Dr SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $567,809 - $633,000

3 Beds
3 Baths
2,292 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $405,000 $177 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,694/month

7 Days on Market

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 November 2017

New South Salem Home in Woodscape Ready to be Yours! Close to I5, schools & parks. This home has premium laminate wood flooring, carpet & tile. Slab quartz counter tops throughout. Master suite on main floor with walk in shower, double sink vanity. Bonus Room upstairs with full bath. Double sided indoor/outdoor gas fireplace. Covered patio that looks out on a fully landscaped, irrigated, & fenced backyard. Premium stone siding from Boral Cultured Stone, Energy Star rated roofing & AC.

Last Agent to Sell the Property

Ian Palmer*

KELLER WILLIAMS REALTY PROFESSIONALS License #201229960 Listed on: 09/12/2017

Co-Listed By

Nick Barlow

RANLife REAL ESTATE, INC. License #201237928

Last Buyer's Agent

Melina Tomson

TOMSON BURNHAM, LLC License #200311144

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,149

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 5,432 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Stone Siding

Interior Spaces

  • 2,292 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

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 38

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,149

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1.5 Story
  • Home Warranty: Yes
  • New Construction: Yes
  • Range Facility: Gas, Microwave Included, Range Included
  • Syndicated Remarks: New South Salem Home in Woodscape Ready to be Yours! Close to I5, schools & parks. This home has premium laminate wood flooring, carpet & tile. Slab quartz counter tops throughout. Master suite on main floor with walk in shower, double sink vanity. Bonus Room upstairs with full bath. Double sided indoor/outdoor gas fireplace. Covered patio that looks out on a fully landscaped, irrigated, & fenced backyard. Premium stone siding from Boral Cultured Stone, Energy Star rated roofing & AC.
  • Cross Street: Battle Creek
  • Year Built: 2017
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: Range, DW, Micro
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Additional Room: On Level: 2/Upper
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 176.7
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 176.7

Exterior Features

  • Patio: Covered Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Rock, Fiber Cement
  • Siding Style: 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: 0.12
  • Estimated Lot Sq Ft: 5432
  • Lot: 38
  • Lot Type: Dimension Above
  • Price Per Acre: 3375000
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 17-18
  • Tax Account Number: R353132
  • Tax Amount: 1149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Oct 30, 2017
Sold by
Banner Homes Llc
Bought by
Nguyen Adam and Nguyen Michelle
Seller's Agent
Ian Palmer*
KELLER WILLIAMS REALTY PROFESSIONALS
Buyer's Agent
Melina Tomson
TOMSON BURNHAM, LLC
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%
Current Estimated Value
$591,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,702
Avg. Annual Appreciation
4.95%
Original Mortgage
$384,750
Outstanding Balance
$322,657
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$269,045
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
Nguyen Adam -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Adam $384,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $405,000 +1.3% $177 / Sq Ft
09/12/2017 09/12/17 For Sale $399,900 -- $174 / 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 $6,535 $332,840 -- --
2023 $6,342 $323,150 $0 $0
2022 $5,980 $313,740 $0 $0
2021 $5,809 $304,610 $0 $0
2020 $5,640 $295,740 $0 $0
2019 $5,442 $287,130 $0 $0
2018 $5,538 $0 $0 $0
2017 $1,149 $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: 724065

Willamette Valley MLS

APN: 353132