NOT LISTED FOR SALE

5650 Riverdale Rd S Salem, OR 97302

Salem Hills Neighborhood

Estimated Value: $981,000 - $1,104,649

4.96 Acres
$210,247 Price per Acre
216,058 Sq Ft Lot

Last Sold October 05, 2018

Last sale price $260,000

Est. 301% increase in value since last sale

Current estimated payment $6,092/month

218 Days on Market

Highlights

  • 4.96 Acre Lot
  • Territorial View
  • High Speed Internet

About This Lot

As of October 2018

Enchanting South Salem Acreage Property Ready For You to Build Your Dream Home On! Enjoy Sought After Rare Polk County Valley Views! Great Value With Electricity, Well, Septic and Phone Line Already Present On Property. Potential To Split Into 2 Lots or Keep This Private and Peaceful Close In Country Life All To Yourself. Buyer to perform their due diligence with county regarding dividing land.

Last Agent to Sell the Property

Jenn Hill

EXP REALTY, LLC License #201216486 Listed on: 02/02/2018

EXP REALTY, LLC

Last Buyer's Agent

Carolyn Alexander

WINDERMERE PACIFIC WEST PROP License #921000050

WINDERMERE PACIFIC WEST PROP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $840

Lot Details

  • 4.96 Acre Lot
  • Lot Dimensions are 162x1337.85
  • Property is zoned AR

Property Views

  • Territorial Views

Utilities

  • Well
  • Septic System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Croisans Riverdale Acres Subdivision

Listing and Financial Details

  • Tax Lot 7

Property Details

Property Type

Land

Est. Annual Taxes

$840

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: Enchanting South Salem Acreage Property Ready For You to Build Your Dream Home On! Enjoy Sought After Rare Polk County Valley Views! Great Value With Electricity, Well, Septic and Phone Line Already Present On Property. Potential To Split Into 2 Lots or Keep This Private and Peaceful Close In Country Life All To Yourself. Buyer to perform their due diligence with county regarding dividing land.
  • Cross Street: Vitae Springs
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 52419.35
  • Price Per Sq Ft: 1.27

Exterior Features

  • View: Territorial
  • Access: Unpaved

Utilities

  • Water: Well
  • Cable TV: Available
  • Electricity: Yes
  • High Speed Communications: Available
  • Septic Approval: Yes
  • Septic Installed: Yes
  • Septic Type: Standard
  • Telephone: Yes

Schools

  • Elementary School: Schirle
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 4.96
  • Estimated Lot Dimensions: 162x1337.85
  • Estimated Lot Sq Ft: 216057
  • Lot: 7
  • Lot Type: Dimension Above
  • Price Per Acre: 55443.55
  • Zoning: AR
  • Approved for Manufactured Home: Yes
  • Corners: Flagged
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R46681
  • Tax Amount: 840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Oct 5, 2018
Sold by
Hule Patsy J
Bought by
Markahm David C and Markahm Gail S
Seller's Agent
Jenn Hill
EXP REALTY, LLC
Buyer's Agent
Carolyn Alexander
WINDERMERE PACIFIC WEST PROP
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Current Estimated Value
$1,042,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$782,825
Avg. Annual Appreciation
22.13%
Original Mortgage
$110,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Markahm David C $260,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Markahm David C $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $260,000 -5.5% --
02/02/2018 02/02/18 For Sale $275,000 -- --
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 $4,923 $387,900 -- --
2023 $4,805 $376,610 $0 $0
2022 $4,546 $365,650 $0 $0
2021 $4,428 $355,000 $0 $0
2020 $2,120 $169,610 $0 $0
2019 $891 $71,870 $0 $0
2018 $907 $0 $0 $0
2017 $795 $0 $0 $0
2016 $759 $0 $0 $0
2015 $780 $0 $0 $0
2014 $745 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jenn Hill

    Seller's Agent in 2018

    Jenn Hill

    EXP REALTY, LLC

    (971) 208-2800

    1 in this area

    112 Total Sales

    Jenn Hill
    Section Image
  • Carolyn Alexander

    Buyer's Agent in 2018

    Carolyn Alexander

    WINDERMERE PACIFIC WEST PROP

    (503) 851-7024

    39 Total Sales

    Carolyn Alexander
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 728497

Willamette Valley MLS

APN: 546681

Oregon Marion County Salem 97302 Salem Hills

5650 Riverdale Rd S, Salem, OR

This home is located at 5650 Riverdale Rd S, Salem, OR 97302 since 02 February 2018 and is currently estimated at $1,042,825. 5650 Riverdale Rd S is a home located in Marion County with nearby schools including Schirle 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.

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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