NOT LISTED FOR SALE

550 N Oak Grove Rd NW Salem, OR 97304

Spring Valley Neighborhood

Estimated Value: $566,000 - $798,000

2 Acres
$344,744 Price per Acre
87,120 Sq Ft Lot

Last Sold January 27, 2015

Last sale price $155,000

Est. 345% increase in value since last sale

Current estimated payment $4,130/month

983 Days on Market

About This Lot

As of January 2015

2 acres of useable land. View and privacy. Private drive and wonderful setting. Septic approval and water available.

Last Agent to Sell the Property

Stephen Tandy

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #780403349 Listed on: 04/23/2012

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

Stephen Tandy

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #780403349 Listed on: 04/23/2012

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,121

Year Built

  • 1875

Lot Details

  • 2 Acre Lot
  • Irregular Lot
  • Property is zoned EFU

Additional Features

  • Mountain Views
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$3,121

Year Built

1875

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: 2 acres of useable land. View and privacy. Private drive and wonderful setting. Septic approval and water available.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1875

Interior Features

  • Price Per Sq Ft: 77500

Exterior Features

  • View: Mountain
  • Access: Paved, Private

Utilities

  • Water: Private/Community/Dist
  • Electricity: Available
  • High Speed Communications: Unknown
  • Septic Approval: Yes
  • Telephone: Available

Lot Info

  • Acres: 2
  • Lot: .
  • Lot Type: Irregular
  • Price Per Acre: 84500
  • Zoning: EFU
  • Corners: Flagged
  • Geo Subdivision: OR
  • Map Parcel Number: 228396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2012
Sold by
Primus Wickett Janice Ann and Crook Julie Rae
Bought by
Primus Joseph Clarence
Total Days on Market
983
Current Estimated Value
$689,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Primus Joseph Clarence $144,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Primus Joseph Clarence $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2015 01/27/15 Sold $155,000 -37.8% --
01/01/2015 01/01/15 Pending -- -- --
04/23/2012 04/23/12 For Sale $249,000 -- --
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
2025 $3,121 $253,692 $85,752 $167,940
2024 $3,121 $246,424 $83,374 $163,050
2023 $3,460 $239,378 $81,068 $158,310
2022 $3,048 $232,531 $78,831 $153,700
2021 $2,834 $225,885 $76,655 $149,230
2020 $2,741 $219,430 $74,540 $144,890
2019 $2,667 $213,164 $72,494 $140,670
2018 $2,594 $207,079 $70,499 $136,580
2017 $2,601 $201,165 $68,565 $132,600
2016 $2,570 $195,432 $66,682 $128,750
2015 $2,434 $189,857 $64,857 $125,000
2014 $2,386 $184,444 $63,084 $121,360
Source: Public Records

Agents Affiliated with this Home

  • Stephen Tandy

    Seller's Agent in 2015

    Stephen Tandy

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 580-1483

    1 in this area

    39 Total Sales

    Stephen Tandy
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Map

Source: Willamette Valley MLS

MLS Number: 651487

Willamette Valley MLS

APN: 228396

Oregon Polk County Salem 97304 Spring Valley

550 N Oak Grove Rd NW, Salem, OR

This home is located at 550 N Oak Grove Rd NW, Salem, OR 97304 since 23 April 2012 and is currently estimated at $689,488. This property was built in 1875. 550 N Oak Grove Rd NW is a home located in Polk County with nearby schools including Independence Elementary School, Talmadge Middle School, and Central 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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