NOT LISTED FOR SALE

557 Richmond Ave SE Salem, OR 97301

Southeast Salem Neighborhood

Estimated Value: $340,000 - $379,000

3 Beds
1 Bath
1,459 Sq Ft
$249/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $230,000 $158 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,178/month

164 Days on Market

Highlights

  • RV Access or Parking
  • Living Room with Fireplace
  • Wood Flooring
  • Wood Burning Stove
  • Territorial View
  • 5-minute walk to Lee Park

About This Home

As of January 2020

Classic Craftsman. 3bd 1 ba. and multiple bonus space, with fresh paint inside & out. New counters in kitchen providing value for a discerning buyer. Fully fenced front back welcoming landscape with roses, and other perennials framing out this lovely outdoor space. two water features complete this inviting space. The backyard post year around use with covered deck and patio space. This space includes and outdoor fire pit and room for pets. Garage/wrk bench and loft.8X12 storage w/power &10x20 shed AS IS

Last Agent to Sell the Property

TAMARA MATTHIAS

PARAMOUNT REAL ESTATE SERVICES License #200511312 Listed on: 05/24/2019

Last Buyer's Agent

Kacharel Gibbs

EXP REALTY, LLC License #201226069

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,049

Year Built

  • Built in 1910

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,459 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Lower Floor Utility Room
  • Territorial Views
  • Finished Basement

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Covered Deck
  • Shed

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 9 / 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,049

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Classic Craftsman. 3bd 1 ba. and multiple bonus space, with fresh paint inside & out. New counters in kitchen providing value for a discerning buyer. Fully fenced front back welcoming landscape with roses, and other perennials framing out this lovely outdoor space. two water features complete this inviting space. The backyard post year around use with covered deck and patio space. This space includes and outdoor fire pit and room for pets. Garage/wrk bench and loft.8X12 storage w/power &10x20 shed AS IS
  • Cross Street: 25th
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Personal property
  • Fireplace: Living Room, Stove, Wood
  • Negotiable Inclusions: appliances and potted plants in yard
  • Wood Burning Stove: Certification Unknown
  • Flooring: Carpet, Wood, Laminate, Tile, Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12x9, On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: Dimensions: 12x10, On Level: 2/Upper
  • Bedroom 4: On Level: Lower/Basement
  • Basement: Finished
  • Dining Room: 1/Main, Dimensions: 12x10, On Level: 1/Main
  • Living Room: Dimensions: 16x10, On Level: 1/Main
  • Kitchen: Dimensions: 13x10, On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Price Per Sq Ft: 157.64
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 154.22

Exterior Features

  • Patio: Covered Deck
  • Exterior Color: Grey
  • Fenced Yard: Yes
  • Foundation: Continuous, Pier
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding Style: T111
  • View: Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • Elementary School: Richmond
  • Middle School: Leslie
  • High School: South Salem

Lot Info

  • Acres: 0.11
  • Estimated Lot Sq Ft: 5000
  • Lot: 9
  • Lot Type: Dimension Above
  • Price Per Acre: 2045454.55
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R87349
  • Tax Years: 2018
  • Tax Account Number: R87349
  • Tax Amount: 2049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Jan 30, 2020
Sold by
Sue Lorie Ann and Suko Elizabeth Kay
Bought by
Leighton Jason W and Helbling Alycia L
Seller's Agent
TAMARA MATTHIAS
PARAMOUNT REAL ESTATE SERVICES
Buyer's Agent
Kacharel Gibbs
EXP REALTY, LLC
List Price
$260,000
Sold Price
$230,000
Premium/Discount to List
-$30,000
-11.54%
Current Estimated Value
$362,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,630
Avg. Annual Appreciation
8.26%
Original Mortgage
$225,834
Outstanding Balance
$202,428
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$155,427

Purchase Details

Closed on
Feb 25, 2019
Sold by
Suko Lorie Ann and Suko Elizabeth Kay
Bought by
Suko Elizabeth Kay and Suko Lorie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,831
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2008
Sold by
Warburton Larry K and Warburton Sara M
Bought by
Suko Lorie A and Stilwell Elizabeth K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,574
Interest Rate
5.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2001
Sold by
Carlson Steven D and Carlson Laura Jean
Bought by
Warburton Larry K and Warburton Sara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,655
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2001
Sold by
Carlson Steven D
Bought by
Carlson Steven D and Carlson Laura Jean
Source: Public Records

Range of Values:

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Average Value
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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
Leighton Jason W $230,000 Ticor Title Company Of Or
Suko Elizabeth Kay -- None Available
Suko Lorie A $157,000 Fidelity Natl Title Co Of Or
Warburton Larry K $87,000 Amerititle
Carlson Steven D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leighton Jason W $14,475
Open Leighton Jason W $225,834
Previous Owner Suko Elizabeth Kay $174,831
Previous Owner Suko Lorie A $139,906
Previous Owner Suko Lorie A $154,574
Previous Owner Warburton Larry K $99,000
Previous Owner Warburton Larry K $22,200
Previous Owner Warburton Larry K $17,300
Previous Owner Warburton Larry K $85,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $230,000 0.0% $158 / Sq Ft
11/24/2019 11/24/19 Off Market $230,000 -- --
11/04/2019 11/04/19 Pending -- -- --
09/26/2019 09/26/19 Price Changed $225,000 -4.3% $154 / Sq Ft
07/30/2019 07/30/19 Price Changed $235,000 -4.1% $161 / Sq Ft
07/10/2019 07/10/19 Price Changed $245,000 -2.0% $168 / Sq Ft
06/11/2019 06/11/19 Price Changed $249,900 -2.3% $171 / Sq Ft
06/03/2019 06/03/19 Price Changed $255,900 -1.6% $175 / Sq Ft
05/24/2019 05/24/19 For Sale $260,000 -- $178 / 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 $2,419 $123,180 -- --
2023 $2,347 $119,600 $0 $0
2022 $2,213 $116,120 $0 $0
2021 $2,150 $112,740 $0 $0
2020 $2,087 $109,460 $0 $0
2019 $2,076 $106,280 $0 $0
2018 $2,050 $0 $0 $0
2017 $1,850 $0 $0 $0
2016 $1,762 $0 $0 $0
2015 $1,776 $0 $0 $0
2014 $1,719 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    TAMARA MATTHIAS

    PARAMOUNT REAL ESTATE SERVICES

    (503) 851-7498

    1 in this area

    23 Total Sales

    TAMARA MATTHIAS
    Section Image

  • K

    Buyer's Agent in 2020

    Kacharel Gibbs

    EXP REALTY, LLC

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 749386

Willamette Valley MLS

APN: 587349

Oregon Marion County Salem 97301 Southeast Salem

557 Richmond Ave SE, Salem, OR

This home is located at 557 Richmond Ave SE, Salem, OR 97301 since 24 May 2019 and is currently estimated at $362,630, approximately $248 per square foot. This property was built in 1910. 557 Richmond Ave SE is a home located in Marion County with nearby schools including Richmond Elementary School, Leslie Middle School, and South 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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