NOT LISTED FOR SALE

5570 Shannon Ave SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $339,000 - $373,031

2 Beds
2 Baths
1,008 Sq Ft
$355/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $235,000 $233 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,150/month

76 Days on Market

Highlights

  • Territorial View
  • 2 Car Attached Garage
  • Patio
  • Fenced Yard
  • Covered Deck
  • 1-Story Property

About This Home

As of October 2018

Beautifully updated home in desirable neighborhood. Kitchen newly updated with granite countertops and stainless appliances. Many custom features included pine wood trim and doors. Two bedrooms and two large bathrooms with new tile and fixtures. Spacious fenced backyard bordering park and greenway. Must see to appreciate.

Last Agent to Sell the Property

CAMILLE FLANAGAN

WESTERN PACIFIC REAL ESTATE License #931200090 Listed on: 07/16/2018

Last Buyer's Agent

Cynthia Kenagy

PREMIERE PROPERTY GROUP, LLC License #201224961

PREMIERE PROPERTY GROUP, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,231

Year Built

  • Built in 1977

Lot Details

  • 6,840 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,231

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Beautifully updated home in desirable neighborhood. Kitchen newly updated with granite countertops and stainless appliances. Many custom features included pine wood trim and doors. Two bedrooms and two large bathrooms with new tile and fixtures. Spacious fenced backyard bordering park and greenway. Must see to appreciate.
  • Cross Street: Fabry
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: Range, Fridge, Microwave, Dishwasher
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 233.13
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 233.13

Exterior Features

  • Patio: Covered Deck, Patio
  • Exterior Color: Brown
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Condo/Co-op/Association

  • Homeowners Assn: Association With Fee

Schools

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

Lot Info

  • Acres: 0.16
  • Estimated Lot Sq Ft: 6840
  • Flood Plain: Unknown
  • Lot: 1
  • Lot Type: Irregular
  • Price Per Acre: 1468750
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2017
  • Tax Account Number: R80509
  • Tax Amount: 2231

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Mikkelsen Adena and Warner Dean
Bought by
Mikkelsen Adena
Current Estimated Value
$358,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,775
Outstanding Balance
$214,665
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$143,593

Purchase Details

Listed on
Jul 16, 2018
Closed on
Oct 25, 2018
Sold by
Feller James P
Bought by
Warner Adena and Warner Dean
Seller's Agent
CAMILLE FLANAGAN
WESTERN PACIFIC REAL ESTATE
Buyer's Agent
Cynthia Kenagy
PREMIERE PROPERTY GROUP, LLC
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$227,950
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2018
Sold by
Mortgage Corporation
Bought by
Feller James P

Purchase Details

Closed on
Sep 28, 2017
Sold by
Flanagin Ronald D and Frank Rose M
Bought by
21St Mortgage Corporation

Purchase Details

Closed on
Mar 15, 2017
Sold by
Flanagin Ronald D and Frank Rose M
Bought by
21St Mortgage Corporation and Wells Fargo Bank Na

Purchase Details

Closed on
Jul 14, 2009
Sold by
Flanagin Ronald D
Bought by
Flanagin Ronald D and Frank Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 10, 2009
Sold by
Flanagin Ronald D
Bought by
Flanagin Ronald D and Frank Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 16, 2001
Sold by
Urban Renewal Agency Of City Of Salem
Bought by
Flanigan Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,186
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2001
Sold by
Rae Janiel
Bought by
Urban Development Renewal Agency Of The
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
Mikkelsen Adena -- First American
Warner Adena $235,000 Ticor Title
Feller James P $140,000 Ticor Title
Feller James P $140,000 Ticor Title
21St Mortgage Corporation $155,000 Ticor Title
21St Mortgage Corporation $155,000 None Available
Flanagin Ronald D -- First American
Flanagin Ronald D -- None Available
Flanigan Ronald D $97,985 Key Title Company
Urban Development Renewal Agency Of The $94,004 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikkelsen Adena $240,775
Closed Warner Adena $227,950
Previous Owner Flanagin Ronald D $128,000
Previous Owner Flanigan Ronald D $88,186
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $235,000 0.0% $233 / Sq Ft
09/30/2018 09/30/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $235,000 0.0% $233 / Sq Ft
07/28/2018 07/28/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $235,000 -- $233 / 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 $3,006 $153,100 -- --
2023 $2,918 $148,650 $0 $0
2022 $2,751 $144,330 $0 $0
2021 $2,672 $140,130 $0 $0
2020 $2,675 $136,050 $0 $0
2019 $2,581 $132,090 $0 $0
2018 $2,548 $0 $0 $0
2017 $2,300 $0 $0 $0
2016 $2,190 $0 $0 $0
2015 $2,207 $0 $0 $0
2014 $2,136 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    CAMILLE FLANAGAN

    WESTERN PACIFIC REAL ESTATE

    Section Image
  • Cynthia Kenagy

    Buyer's Agent in 2018

    Cynthia Kenagy

    PREMIERE PROPERTY GROUP, LLC

    (971) 718-6936

    3 in this area

    30 Total Sales

    Cynthia Kenagy
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 736471

Willamette Valley MLS

APN: 580509

Oregon Marion County Salem 97306 South Gateway

5570 Shannon Ave SE, Salem, OR

This home is located at 5570 Shannon Ave SE, Salem, OR 97306 since 16 July 2018 and is currently estimated at $358,258, approximately $355 per square foot. This property was built in 1977. 5570 Shannon Ave SE is a home located in Marion County with nearby schools including Battle Creek Elementary School, Judson 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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