NOT LISTED FOR SALE

560 16th St SE Salem, OR 97301

Southeast Salem Neighborhood

Estimated Value: $334,000 - $378,000

3 Beds
1 Bath
1,152 Sq Ft
$314/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $352,000 $306 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,187/month

11 Days on Market

Highlights

  • Territorial View
  • Fenced Yard
  • Tile Flooring
  • First Floor Utility Room
  • Patio
  • 1-Story Property

About This Home

As of May 2023

Freshly renovated 1story home, 3beds, 1baths, living & family room, 1152sqft, built 1971. New fiber cement siding, vinyl windows, new exterior & interior paint, remodeled updated bathroom & new base kitchen cabinets, new counters with full backsplash, & new dishwasher. Tile flooring for living & primary bedroom(with double closets), rest of home has new laminate flooring throughout. Fully fenced yard. 2 car carport with new security gate. Convenient to Hwy22 & downtown Salem, Aldrich Park, Bush Elementary.

Last Agent to Sell the Property

Peter Fricke

iHOMES License #201216806 Listed on: 04/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,431

Year Built

  • Built in 1971

Lot Details

  • 5,184 Sq Ft Lot
  • Lot Dimensions are 108x48
  • Fenced Yard
  • Landscaped
  • Property is zoned RM2

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Patio

Utilities

  • Electric Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,431

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Freshly renovated 1story home, 3beds, 1baths, living & family room, 1152sqft, built 1971. New fiber cement siding, vinyl windows, new exterior & interior paint, remodeled updated bathroom & new base kitchen cabinets, new counters with full backsplash, & new dishwasher. Tile flooring for living & primary bedroom(with double closets), rest of home has new laminate flooring throughout. Fully fenced yard. 2 car carport with new security gate. Convenient to Hwy22 & downtown Salem, Aldrich Park, Bush Elementary.
  • Cross Street: Oak St
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: Fridge, range, dishwasher
  • Flooring: Laminate, Tile
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 14x10, On Level: 1/Main
  • Bedroom 2: Dimensions: 12x10, On Level: 1/Main
  • Bedroom 3: Dimensions: 11x10, On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: Dimensions: 15x13, On Level: 1/Main
  • Living Room: Dimensions: 15x14, On Level: 1/Main
  • Kitchen: Dimensions: 12x7, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 305.56
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 316.84

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 2

Utilities

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

Schools

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

Lot Info

  • Acres: 0.12
  • Estimated Lot Dimensions: 108x48
  • Estimated Lot Sq Ft: 5184
  • Lot Type: Dimension Above
  • Price Per Acre: 3041666.67
  • Zoning: RM2
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 22/23
  • Tax Account Number: 568490
  • Tax Amount: 2431

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
May 10, 2023
Sold by
Hoy Investments Limited
Bought by
Reed Stephanie
Seller's Agent
Peter Fricke
iHOMES
List Price
$359,900
Sold Price
$352,000
Premium/Discount to List
-$7,900
-2.2%
Views
56
Current Estimated Value
$361,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,936
Avg. Annual Appreciation
0.30%
Original Mortgage
$345,624
Outstanding Balance
$337,735
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$16,718

Purchase Details

Closed on
Sep 29, 2008
Sold by
Sumjai Llc
Bought by
Hoy Investments Limited
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
Reed Stephanie $352,000 Amerititle
Hoy Investments Limited $137,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Stephanie $345,624
Previous Owner Hoys Investments Limited $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $352,000 -3.6% $306 / Sq Ft
04/20/2023 04/20/23 Price Changed $365,000 +4.3% $317 / Sq Ft
04/12/2023 04/12/23 Price Changed $349,900 -2.8% $304 / Sq Ft
04/07/2023 04/07/23 For Sale $359,900 -- $312 / 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 $2,577 $131,240 -- --
2023 $2,501 $127,420 $0 $0
2022 $2,358 $123,710 $0 $0
2021 $2,291 $120,110 $0 $0
2020 $2,224 $116,620 $0 $0
2019 $2,146 $113,230 $0 $0
2018 $2,184 $0 $0 $0
2017 $1,971 $0 $0 $0
2016 $1,878 $0 $0 $0
2015 $1,892 $0 $0 $0
2014 $1,831 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Fricke

    Seller's Agent in 2023

    Peter Fricke

    iHOMES

    (541) 760-6607

    4 in this area

    75 Total Sales

    Peter Fricke
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Map

Source: Willamette Valley MLS

MLS Number: 803521

Willamette Valley MLS

APN: 568490

Oregon Marion County Salem 97301 Southeast Salem

560 16th St SE, Salem, OR

This home is located at 560 16th St SE, Salem, OR 97301 since 07 April 2023 and is currently estimated at $361,936, approximately $314 per square foot. This property was built in 1971. 560 16th St SE is a home located in Marion County with nearby schools including Bush 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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