NOT LISTED FOR SALE

5580 Shannon Ave SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $341,000 - $367,000

3 Beds
1 Bath
1,008 Sq Ft
$355/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $223,000 $221 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,217/month

14 Days on Market

Highlights

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

About This Home

As of October 2018

Extremely well cared for home ready for the lucky new owner. Open living spaces, large closets and plenty of storage. New roof approximately 7 years ago, new dishwasher 2 years ago. Extra large two-car garage with workbench, multiple built in cabinets and laundry room. Backyard and spacious desk is a little paradise. No direct neighbor behind you, this home backs up to the neighborhood park.

Last Agent to Sell the Property

Amy Clark

BRIGHTHOME REAL ESTATE GROUP License #200606359 Listed on: 09/13/2018

Last Buyer's Agent

Dax Chen

JOHN L. SCOTT-SALEM License #201219958

JOHN L. SCOTT-SALEM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,443

Year Built

  • Built in 1977

Lot Details

  • 5,430 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 2 / 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,443

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Yes
  • Range Facility: Electric
  • Syndicated Remarks: Extremely well cared for home ready for the lucky new owner. Open living spaces, large closets and plenty of storage. New roof approximately 7 years ago, new dishwasher 2 years ago. Extra large two-car garage with workbench, multiple built in cabinets and laundry room. Backyard and spacious desk is a little paradise. No direct neighbor behind you, this home backs up to the neighborhood park.
  • Cross Street: Fabry
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 221.23
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 223.21

Exterior Features

  • Patio: Deck
  • Fenced Yard: Yes
  • Foundation: Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Vinyl
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric, Forced Air
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • Homeowners Assn: Association With Fee

Schools

  • Elementary School: Pringle
  • Middle School: Judson
  • High School: South Salem

Lot Info

  • Acres: 0.12
  • Estimated Lot Sq Ft: 5430
  • Lot: 2
  • Price Per Acre: 1875000
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2017
  • Tax Account Number: R80510
  • Tax Amount: 2443

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2025
Sold by
Neukomm Jared L
Bought by
Miles Arthur and Miles Jessica Rachelle
Current Estimated Value
$358,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,336
Outstanding Balance
$11,534
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$344,220

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 24, 2018
Sold by
Barnes Bernice E
Bought by
Neukomm Jared L
Seller's Agent
Amy Clark
BRIGHTHOME REAL ESTATE GROUP
Buyer's Agent
Dax Chen
JOHN L. SCOTT-SALEM
List Price
$210,000
Sold Price
$223,000
Premium/Discount to List
$13,000
6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$178,400
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2007
Sold by
Burleson Frank R and Burleson Genevieve E
Bought by
Barnes Bernice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Miles Arthur $365,000 Ticor Title
Neukomm Jared L $223,000 First American Title
Barnes Bernice E $171,900 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miles Arthur $14,336
Open Miles Arthur $358,388
Previous Owner Neukomm Jared L $173,000
Previous Owner Neukomm Jared L $178,400
Previous Owner Barnes Bernice E $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $223,000 -0.9% $221 / Sq Ft
09/19/2018 09/19/18 Price Changed $225,000 +7.1% $223 / Sq Ft
09/13/2018 09/13/18 For Sale $210,000 -- $208 / 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 $3,195 $162,700 -- --
2023 $3,100 $157,970 $0 $0
2022 $2,923 $153,370 $0 $0
2021 $2,840 $148,910 $0 $0
2020 $2,842 $144,580 $0 $0
2019 $2,660 $140,370 $0 $0
2018 $2,707 $0 $0 $0
2017 $2,444 $0 $0 $0
2016 $2,328 $0 $0 $0
2015 $2,345 $0 $0 $0
2014 $2,270 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Clark

    Seller's Agent in 2018

    Amy Clark

    BRIGHTHOME REAL ESTATE GROUP

    (503) 580-7190

    9 in this area

    188 Total Sales

    Amy Clark
    Section Image
  • Dax Chen

    Buyer's Agent in 2018

    Dax Chen

    JOHN L. SCOTT-SALEM

    (541) 969-5961

    4 in this area

    35 Total Sales

    Dax Chen
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 739144

Willamette Valley MLS

APN: 580510

Oregon Marion County Salem 97306 South Gateway

5580 Shannon Ave SE, Salem, OR

This home is located at 5580 Shannon Ave SE, Salem, OR 97306 since 13 September 2018 and is currently estimated at $358,197, approximately $355 per square foot. This property was built in 1977. 5580 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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