NOT LISTED FOR SALE

5531 Springwood Ave SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $532,272 - $573,000

3 Beds
2.5 Baths
2,062 Sq Ft
$270/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $474,900 $230 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,508/month

3 Days on Market

Highlights

  • Deck
  • Home Office
  • First Floor Utility Room
  • Living Room with Fireplace
  • Breakfast Area or Nook
  • Fenced Yard

About This Home

As of July 2021

Beautiful remodeled and updated home in desirable Ironwood Estates. Updates include newer luxury vinyl hardwood style plank flooring, interior/exterior paint, light fixtures, bathroom vanities/mirrors & carpet. Spacious kitchen w/ granite counters/breakfast bar. Lots of light and bright liv & fam rooms w/picture windows. Formal dining w/ BI buffet/cabinet & mirror. Large Primary bdrm w/ walk in closet, full shower, dual sinks & walk in closet. Private fenced backyard w/ 16x24 deck & 11x35 concrete pad.

Last Agent to Sell the Property

Christine Kites

EXP REALTY, LLC License #200204047 Listed on: 06/23/2021

EXP REALTY, LLC

Last Buyer's Agent

Shareef Hagag

HOMESMART REALTY GROUP License #201211296

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,282

Year Built

  • Built in 1987

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding
  • T111 Siding

Interior Spaces

  • 2,062 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Home Office
  • First Floor Utility Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Exclusions: washer/dryer, fridge nego
  • Legal Lot and Block 4 / 29

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,282

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Gas, Microwave Included, Range Included
  • Syndicated Remarks: Beautiful remodeled and updated home in desirable Ironwood Estates. Updates include newer luxury vinyl hardwood style plank flooring, interior/exterior paint, light fixtures, bathroom vanities/mirrors & carpet. Spacious kitchen w/ granite counters/breakfast bar. Lots of light and bright liv & fam rooms w/picture windows. Formal dining w/ BI buffet/cabinet & mirror. Large Primary bdrm w/ walk in closet, full shower, dual sinks & walk in closet. Private fenced backyard w/ 16x24 deck & 11x35 concrete pad.
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: washer/dryer, fridge nego
  • Fireplace: Gas, Living Room, Stove
  • Negotiable Inclusions: oven/range, micro, 2 sheds, dishwasher
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: .5
  • Bedrooms: 3
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Additional Room: On Level: 1/Main
  • 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
  • Bonus Rooms: Breakfast Room/Nook, Den, Office
  • Price Per Sq Ft: 230.31
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 227.89

Exterior Features

  • Patio: Deck
  • Exterior Color: Grey
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap, T111

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Forced Air, Gas
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Schools

  • Elementary School: Sumpter
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 0.17
  • Estimated Lot Sq Ft: 7405
  • Lot: 4
  • Price Per Acre: 2764117.65
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 20
  • Tax Account Number: R78593
  • Tax Amount: 5282

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jul 27, 2021
Sold by
Hale Bruce L and Hale Linda L
Bought by
Kanaeholo Kyle and Yokbay Kayla
Seller's Agent
Christine Kites
EXP REALTY, LLC
Buyer's Agent
Shareef Hagag
HOMESMART REALTY GROUP
List Price
$469,900
Sold Price
$474,900
Premium/Discount to List
$5,000
1.06%
Current Estimated Value
$557,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,418
Avg. Annual Appreciation
3.07%
Original Mortgage
$403,665
Outstanding Balance
$370,994
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$166,980

Purchase Details

Closed on
Jul 19, 2002
Sold by
Mcminimee Daniel M and Mcminimee Marcie R
Bought by
Hale Bruce L and Hale Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
6.69%
Source: Public Records

Range of Values:

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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
Kanaeholo Kyle $474,900 Ticor Title
Hale Bruce L $194,000 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yokbay Kayla $403,665
Closed Kanaeholo Kyle $403,665
Previous Owner Hale Linda L $60,000
Previous Owner Hale Bruce L $193,752
Previous Owner Hale Bruce L $222,393
Previous Owner Hale Bruce L $32,000
Previous Owner Hale Bruce L $155,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $474,900 +1.1% $230 / Sq Ft
06/23/2021 06/23/21 For Sale $469,900 -- $228 / 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 $5,937 $302,400 -- --
2023 $5,762 $293,600 $0 $0
2022 $5,433 $285,050 $0 $0
2021 $5,278 $276,750 $0 $0
2020 $5,282 $268,690 $0 $0
2019 $4,944 $260,870 $0 $0
2018 $5,031 $0 $0 $0
2017 $4,541 $0 $0 $0
2016 $4,325 $0 $0 $0
2015 $4,358 $0 $0 $0
2014 $4,216 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christine Kites

    Seller's Agent in 2021

    Christine Kites

    EXP REALTY, LLC

    (541) 231-4535

    3 in this area

    106 Total Sales

    Christine Kites
    Section Image
  • Shareef Hagag

    Buyer's Agent in 2021

    Shareef Hagag

    HOMESMART REALTY GROUP

    (503) 510-2607

    7 in this area

    64 Total Sales

    Shareef Hagag
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 779644

Willamette Valley MLS

APN: 578593

Oregon Marion County Salem 97306 South Gateway

5531 Springwood Ave SE, Salem, OR

This home is located at 5531 Springwood Ave SE, Salem, OR 97306 since 23 June 2021 and is currently estimated at $557,318, approximately $270 per square foot. This property was built in 1987. 5531 Springwood Ave SE is a home located in Marion County with nearby schools including Sumpter Elementary School, Crossler Middle School, and Sprague 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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