$1,350,000
SOLD JUN 2, 2022

5551 Cascade Hwy SE Sublimity, OR 97385

4 Beds
4 Baths
5,479 Sq Ft
10 Acres

Recently Sold

$246 Per Sq Ft

10% Below List Price

122 Days on Market

Highlights

  • RV Access or Parking
  • 2 Fireplaces
  • Private Yard
  • Pond
  • High Ceiling
  • Outdoor Water Feature

About This Home

As of July 2023

Fantastic country setting surrounded by rolling farmland. Only 25 minutes to downtown Salem. Spacious brick home that is private and secluded. Expansive courtyard with stone pavers, fountain, large pond, tree-lined driveway and much more. Solar panels defray electrical expense.

Last Agent to Sell the Property

Brett Veatch

Berkshire Hathaway HomeServices NW Real Estate License #890500238 Listed on: 08/20/2021

Berkshire Hathaway HomeServices NW Real Estate

Last Buyer's Agent

ERIK BJORGE

Keller Williams Sunset Corridor License #200307087

Keller Williams Sunset Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,315

Year Built

  • Built in 2005

Lot Details

  • Gated Home
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Property is zoned EFU

Parking

  • Detached Garage
  • Parking Pad
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Sound System
  • High Ceiling
  • 2 Fireplaces
  • Vinyl Clad Windows
  • Laundry Room
  • Property Views

Outdoor Features

  • Pond
  • Patio
  • Outdoor Water Feature

Utilities

  • Electric Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,315

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Traditional
  • Sq Ft Calculated: 5479
  • Sq Ft Approximate Total: 5479
  • Stories: 2
  • Year Built: 2005
  • Property Condition: Approximately
  • Remarks Public: Fantastic country setting surrounded by rolling farmland. Only 25 minutes to downtown Salem. Spacious brick home that is private and secluded. Expansive courtyard with stone pavers, fountain, large pond, tree-lined driveway and much more. Solar panels defray electrical expense.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 4.0
  • Fireplaces: 2
  • Interior Amenities: Central Vacuum, Garage Door Opener, Laundry, Sound System, High Ceilings
  • Kitchen Appliances: Cook Island, Dishwasher, Disposal, Built-in Oven, Granite, Cooktop, Stainless Steel Appliance(s), Range Hood
  • Legal Description: ACRES 9.56
  • Sq Ft Main Level: 3906
  • Upper Level Sq Ft: 1573
  • Bedrooms: 4
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 4
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 4
  • Bathrooms Upper Level Full: 2
  • Window Features: Vinyl Frames

Exterior Features

  • Exterior Description: Cement Siding
  • Exterior Features: Patio, Sprinkler, Water Feature, Yard
  • Lot Size: 7-9.99AC
  • Lot Dimensions: See Plat Map
  • Roof Type: Composition
  • View: Pond, Territorial
  • Foundation Details: Concrete Perimeter
  • R V Description: RV Parking
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Garage Type: Detached
  • Parking Description: Parking Pad, RV Access/Parking

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Septic Tank
  • Water Description: Well
  • Cooling Description: Heat Pump
  • Heating Description: Heat Pump
  • Internet Service Type: Satellite

Schools

  • Elementary School: Victor Point
  • Middle School: Victor Point
  • High School: Silverton

Lot Info

  • Lot Description: Level, Pond, Private, Gated
  • Acres: 9.56
  • Zoning: EFU

Tax Info

  • Tax Amount: 7235.71
  • Assessor Parcel Number: R28418
  • Tax Year: 2020

MLS Schools

  • Elementary School: Victor Point
  • High School: Silverton
  • Middle School: Victor Point

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Jul 27, 2023
Sold by
Robinson Samuel P
Bought by
Best Christopher R
Seller's Agent
ERIK BJORGE
KELLER WILLIAMS SUNSET CORRIDOR
Buyer's Agent
Sonja Christiansen
WORKS REAL ESTATE
List Price
$1,500,000
Sold Price
$1,250,000
Premium/Discount to List
-$250,000
-16.67%
Views
305
Current Estimated Value
$1,457,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,909
Avg. Annual Appreciation
8.12%
Original Mortgage
$900,000
Outstanding Balance
$880,817
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$577,092

Purchase Details

Closed on
Feb 18, 2022
Sold by
Doerfler Kevin R
Bought by
Robinson Samuel P

Purchase Details

Closed on
Oct 30, 2006
Sold by
Doerfler Farms Inc
Bought by
Doerfler Kevin R and Doerfler Ankana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.36%
Mortgage Type
Unknown
Source: Public Records

Similar Home in Sublimity, OR

  • 17084 Silver Falls Hwy SE, Sublimity, OR 97385

    $1,150,000

    • 4 Beds
    • 2 Baths
    • 1,896 Sq Ft
    • 17084 Silver Falls Hwy SE
    • Sublimity, OR

    Accepted Offer with Contingencies. Welcome to your dream farm 125 acres w/stunning views. 4 beds, 2 bath, 1,896 sqft farmhouse features hardwood floors, new metal roof, certified woodstove, and oversized kitchen. Outside, and you’ll find a spacious, fenced yard for pets or gardening. A detached 2 car garage, barn/shop that features multiple levels, and a loading dock. Storage for all your toys,

    Brenda Bonebrake REALTY ONE GROUP WILLAMETTE VALLEY STAYTON

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,250,000 Old Republic Title
Warranty Deed $1,350,000 Old Republic Title
Bargain Sale Deed -- Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $600,000 Unknown
Previous Owner $600,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $1,250,000 -7.1% $228 / Sq Ft
06/01/2023 06/01/23 Price Changed $1,345,000 -3.6% $245 / Sq Ft
04/27/2023 04/27/23 Price Changed $1,395,000 -7.0% $255 / Sq Ft
11/17/2022 11/17/22 For Sale $1,500,000 +11.1% $274 / Sq Ft
06/02/2022 06/02/22 Sold $1,350,000 -10.0% $246 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $1,500,000 -- $274 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $8,315 $681,892 -- --
2023 $8,067 $659,612 $0 $0
2022 $7,636 $640,747 $0 $0
2021 $7,442 $621,090 $0 $0
2020 $7,459 $603,310 $0 $0
2019 $7,303 $586,040 $0 $0
2018 $7,143 $0 $0 $0
2017 $6,941 $0 $0 $0
2016 $6,757 $0 $0 $0
2015 $7,176 $0 $0 $0
2014 $6,940 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • ERIK BJORGE

    Seller's Agent in 2023

    ERIK BJORGE

    KELLER WILLIAMS SUNSET CORRIDOR

    (503) 803-2220

    20 Total Sales

    ERIK BJORGE
    Section Image
  • Sonja Christiansen

    Buyer's Agent in 2023

    Sonja Christiansen

    WORKS REAL ESTATE

    (503) 819-3260

    31 Total Sales

    Sonja Christiansen
    Section Image
  • Brett Veatch

    Seller's Agent in 2022

    Brett Veatch

    BHHS Oregon- Northwest

    (503) 212-2735

    103 Total Sales

    Brett Veatch
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21583957

Regional Multiple Listing Service (RMLS)

APN: 528418

Oregon Marion County Sublimity 97385

5551 Cascade Hwy SE, Sublimity, OR

This home is located at 5551 Cascade Hwy SE, Sublimity, OR 97385 and is currently priced at $1,350,000, approximately $246 per square foot. This property was built in 2005. 5551 Cascade Hwy SE is a home located in Marion County with nearby schools including Cascade Junior High School and Cascade Senior High School.

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