NOT LISTED FOR SALE

561 La Cresta Dr SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $670,057 - $768,000

3 Beds
3 Baths
2,826 Sq Ft
$257/Sq Ft Est. Value

About This Home

This home is located at 561 La Cresta Dr SE, Salem, OR 97306 and is currently estimated at $725,764, approximately $256 per square foot. 561 La Cresta Dr SE is a home located in Marion County with nearby schools including Sumpter Elementary School, Crossler Middle School, and Sprague High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2006
Sold by
Norman Stephen M and Norman Teuta V
Bought by
Norman Teuta and Norman Stephen M
Current Estimated Value
$725,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2004
Sold by
Covington Vance and Covington Cindy
Bought by
Norman Stephen M and Norman Teuta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2004
Sold by
Grenz Tim A and Grenz Cynthia L
Bought by
Covington Vance and Covington Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2003
Sold by
Grenz Tim A
Bought by
Grenz Tim A and Grenz Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.14%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Norman Teuta -- First American
Norman Stephen M $294,000 Amerititle
Covington Vance $285,000 Lawyers Title Ins
Grenz Tim A -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norman Teuta $208,776
Closed Norman Stephen M $235,000
Closed Norman Teuta $100,000
Closed Norman Stephen M $234,000
Previous Owner Covington Vance $210,000
Previous Owner Grenz Tim A $205,000
Source: Public Records

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 $8,124 $413,790 -- --
2023 $7,885 $401,740 $0 $0
2022 $7,434 $390,040 $0 $0
2021 $7,222 $378,680 $0 $0
2020 $7,011 $367,660 $0 $0
2019 $6,765 $356,960 $0 $0
2018 $6,885 $0 $0 $0
2017 $6,214 $0 $0 $0
2016 $5,919 $0 $0 $0
2015 $5,963 $0 $0 $0
2014 $5,559 $0 $0 $0
Source: Public Records

Map

Oregon Marion County Salem 97306 South Gateway

561 La Cresta Dr SE, Salem, OR

This home is located at 561 La Cresta Dr SE, Salem, OR 97306 and is currently estimated at $725,764, approximately $256 per square foot. 561 La Cresta Dr SE is a home located in Marion County with nearby schools including Sumpter Elementary School, Crossler 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.

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