NOT LISTED FOR SALE

556 Statesman St NE Salem, OR 97301

Northeast Neighbors Neighborhood

Estimated Value: $229,000 - $289,000

2 Beds
1 Bath
628 Sq Ft
$408/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $220,000 $350 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,536/month

5 Days on Market

Highlights

  • Territorial View
  • Shed
  • High Speed Internet
  • Patio
  • 1-Story Property
  • Carpet

About This Home

As of January 2024

Great starter home or investment opportunity. Cute bungalow in central location. Easy access to downtown, state offices and hospital. Lives larger than the sq. footage implies. Lots of natural light for plant lovers.

Last Agent to Sell the Property

ROB MELTON

HOMESMART REALTY GROUP License #201218721 Listed on: 12/08/2023

HOMESMART REALTY GROUP

Last Buyer's Agent

Eric Fiskum

RE/MAX INTEGRITY - SALEM License #990500138

RE/MAX INTEGRITY - SALEM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,693

Year Built

  • Built in 1950

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 628 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Kitchen

  • Built-In Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed

Schools

  • Englewood Elementary School
  • Parrish Middle School
  • North Salem High School

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • High School Addition To S Subdivision

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,693

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Built-In
  • Syndicated Remarks: Great starter home or investment opportunity. Cute bungalow in central location. Easy access to downtown, state offices and hospital. Lives larger than the sq. footage implies. Lots of natural light for plant lovers.
  • Year Built: 1950
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Disposal: Yes
  • Negotiable Inclusions: Refrigerator Washer Dryer
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 9.8x9.7, On Level: 1/Main
  • Bedroom 2: Dimensions: 9.8x9.7, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 8.3x7.2, On Level: 1/Main
  • Living Room: Dimensions: 18x10.5, On Level: 1/Main
  • Kitchen: Dimensions: 8.5x7.4, On Level: 1/Main
  • Price Per Sq Ft: 350.32
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 361.46

Exterior Features

  • Patio: Patio
  • Foundation: Continuous
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Shingle
  • View: Territorial

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Gas, Wall Furnace
  • High Speed Comm Access: Present
  • Water: City
  • Water Heater: Gas

Condo/Co-op/Association

  • Homeowners Assn: Association With No Fee

Schools

  • Elementary School: Englewood
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.05
  • Estimated Lot Sq Ft: 2178
  • Lot: 3
  • Lot Type: Dimension Above
  • Price Per Acre: 4540000
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2022
  • Tax Account Number: 577371
  • Tax Amount: 1693

MLS Schools

  • HighSchool: North Salem
  • Middle School: Parrish
  • Elementary School: Englewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 11, 2024
Sold by
Mann Bobbie and Pelto Matthew
Bought by
Sumner Jacob
Seller's Agent
ROB MELTON
HOMESMART REALTY GROUP
Buyer's Agent
Eric Fiskum
RE/MAX INTEGRITY - SALEM
List Price
$227,000
Sold Price
$220,000
Premium/Discount to List
-$7,000
-3.08%
Views
55
Current Estimated Value
$256,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,273
Avg. Annual Appreciation
9.88%

Purchase Details

Listed on
Feb 2, 2021
Closed on
Feb 26, 2021
Sold by
Rangel Ramon Mendoza
Bought by
Mendoza Rangel Ramon and Mendoza Tapia Karina
Seller's Agent
Eileen Sivley
HOMESMART REALTY GROUP
Buyer's Agent
Eileen Sivley
HOMESMART REALTY GROUP
List Price
$188,000
Sold Price
$188,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$185,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2016
Sold by
Brown David and Luo Yu Fang
Bought by
Brown/Luo Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,350
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2016
Sold by
Pacific Holdings Investment Llc
Bought by
Brown David and Luo Yu Fang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,350
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2010
Sold by
Eagle Eye Investments Inc
Bought by
Pacific Holding Investments Llc

Purchase Details

Closed on
Nov 5, 2010
Sold by
Collins Kaori H and Collins Scott P
Bought by
Eagle Eye Investments Inc

Purchase Details

Closed on
Feb 19, 2010
Sold by
Pfeffer Michelle D and Van Schaick Michelle D
Bought by
Collins Kaori H and Collins Scott P

Purchase Details

Closed on
Sep 19, 2007
Sold by
Vanschaick Thomas Lyle
Bought by
Collins Kaori H and Collins Scott P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,650
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sumner Jacob $220,000 Ticor Title
Mendoza Rangel Ramon -- Amerititle
Mann Bobbie $188,000 First American
Brown David -- First American
Brown/Luo Family Trust -- None Available
Brown David $91,000 Ticor Title
Pacific Holding Investments Llc -- None Available
Eagle Eye Investments Inc $45,001 Accommodation
Collins Kaori H -- Accommodation
Collins Kaori H $98,500 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown David $185,000
Previous Owner Brown David $77,350
Previous Owner Collins Kaori H $18,000
Previous Owner Collins Kaori H $78,650
Previous Owner Collins Kaori H $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $220,000 -3.1% $350 / Sq Ft
12/08/2023 12/08/23 For Sale $227,000 +20.7% $361 / Sq Ft
02/26/2021 02/26/21 Sold $188,000 0.0% $299 / Sq Ft
02/02/2021 02/02/21 For Sale $188,000 -- $299 / 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 $1,795 $91,410 -- --
2023 $1,742 $88,750 $0 $0
2022 $1,693 $86,170 $0 $0
2021 $1,433 $72,900 $0 $0
2020 $1,392 $70,780 $0 $0
2019 $1,343 $68,720 $0 $0
2018 $1,325 $0 $0 $0
2017 $1,196 $0 $0 $0
2016 $1,140 $0 $0 $0
2015 $1,148 $0 $0 $0
2014 $1,111 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    ROB MELTON

    HOMESMART REALTY GROUP

    (503) 930-9230

    1 in this area

    18 Total Sales

    ROB MELTON
    Section Image
  • Eric Fiskum

    Buyer's Agent in 2024

    Eric Fiskum

    RE/MAX

    (503) 931-8516

    5 in this area

    272 Total Sales

    Eric Fiskum
    Section Image

  • E

    Seller's Agent in 2021

    Eileen Sivley

    HOMESMART REALTY GROUP

    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 811776

Willamette Valley MLS

APN: 577371

Oregon Marion County Salem 97301 Northeast Neighbors

556 Statesman St NE, Salem, OR

This home is located at 556 Statesman St NE, Salem, OR 97301 since 08 December 2023 and is currently estimated at $256,273, approximately $408 per square foot. This property was built in 1950. 556 Statesman St NE is a home located in Marion County with nearby schools including Englewood Elementary School, Parrish Middle School, and North Salem 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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