NOT LISTED FOR SALE

5550 Ronald Ave SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $376,000 - $436,000

4 Beds
2 Baths
1,294 Sq Ft
$315/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $367,000 $284 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,427/month

29 Days on Market

Highlights

  • RV Access or Parking
  • Fenced Yard
  • Patio
  • Territorial View
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of March 2023

Cozy 4 bedroom 2 bath single level ranch. Quiet end of the street location, easy access across the street to Greenway/Park w/ cute little walking bridge across the small neighborhood creek. Beautiful wood counters & unique built in features throughout with plenty of storage & large pantry. Indoor laundry. Large fenced yard that backs up to the creek. Access to RV storage/parking.

Last Agent to Sell the Property

Matt Mahoney

HOMESTAR BROKERS License #200601286 Listed on: 01/10/2023

Co-Listed By

HILLERY WILLIAMS

HOMESTAR BROKERS License #201221785

Last Buyer's Agent

Gladys Blum

BLUM REAL ESTATE License #781200091

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1976

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Home Design

  • Composition Roof
  • Lap Siding
  • T111 Siding

Interior Spaces

  • 1,294 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,228

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Cozy 4 bedroom 2 bath single level ranch. Quiet end of the street location, easy access across the street to Greenway/Park w/ cute little walking bridge across the small neighborhood creek. Beautiful wood counters & unique built in features throughout with plenty of storage & large pantry. Indoor laundry. Large fenced yard that backs up to the creek. Access to RV storage/parking.
  • Cross Street: Fabry
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 12x10, On Level: 1/Main
  • Bedroom 2: Dimensions: 12x10, On Level: 1/Main
  • Bedroom 3: Dimensions: 11x9, On Level: 1/Main
  • Living Room: Dimensions: 16x15.5, On Level: 1/Main
  • Kitchen: Dimensions: 16x11, On Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap, T111
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric, Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • Homeowners Assn: Association With Fee

Lot Info

  • Acres: 0.13
  • Lot: 5
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: 333650
  • Tax Years: 22-23
  • Tax Amount: 3228

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Mar 8, 2023
Sold by
Huskie John F
Bought by
Downin Timothy and Downin Kaire L
Seller's Agent
Matt Mahoney
HOMESTAR BROKERS
Buyer's Agent
Gladys Blum
BLUM REAL ESTATE
List Price
$374,000
Sold Price
$367,000
Premium/Discount to List
-$7,000
-1.87%
Views
136
Current Estimated Value
$406,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,969
Avg. Annual Appreciation
3.86%
Original Mortgage
$360,352
Outstanding Balance
$348,222
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$58,748

Purchase Details

Closed on
Aug 21, 2009
Sold by
Rispler Nathan J and Rispler Janelle A
Bought by
Huskie John F and Huskie Greta K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,200
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2008
Sold by
Johnson Corey Loryn and Lovell Brian A
Bought by
Rispler Nathan J and Rispler Janelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,117
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2005
Sold by
Lovell Helen L
Bought by
Lovell Barton A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Downin Timothy $367,000 Amerititle
Huskie John F $160,000 Amerititle
Rispler Nathan J $85,000 Ticor Title
Lovell Barton A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downin Timothy $360,352
Previous Owner Huskie John F $153,200
Previous Owner Rispler Nathan J $86,117
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2023 03/10/23 Sold $367,000 -1.9% $284 / Sq Ft
01/10/2023 01/10/23 For Sale $374,000 -- $289 / 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
2025 $3,422 $179,500 -- --
2024 $3,422 $174,280 -- --
2023 $3,321 $169,210 $0 $0
2022 $3,131 $164,290 $0 $0
2021 $3,042 $159,510 $0 $0
2020 $2,953 $154,870 $0 $0
2019 $2,850 $150,360 $0 $0
2018 $2,596 $0 $0 $0
2017 $2,343 $0 $0 $0
2016 $2,232 $0 $0 $0
2015 $2,249 $0 $0 $0
2014 $2,176 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Mahoney

    Seller's Agent in 2023

    Matt Mahoney

    HOMESTAR BROKERS

    (503) 428-3084

    13 in this area

    169 Total Sales

    Matt Mahoney
    Section Image
  • HILLERY WILLIAMS

    Seller Co-Listing Agent in 2023

    HILLERY WILLIAMS

    HOMESTAR BROKERS

    (541) 280-3390

    2 in this area

    15 Total Sales

    HILLERY WILLIAMS
    Section Image
  • Gladys Blum

    Buyer's Agent in 2023

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    105 in this area

    703 Total Sales

    Gladys Blum
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 800972

Willamette Valley MLS

APN: 580479

Oregon Marion County Salem 97306 South Gateway

5550 Ronald Ave SE, Salem, OR

Not Listed for Sale

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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