NOT LISTED FOR SALE

566 Welcome Way SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $501,368 - $630,000

3 Beds
2.5 Baths
2,120 Sq Ft
$259/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $301,000 $142 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,354/month

70 Days on Market

Highlights

  • Covered Deck
  • Wood Flooring
  • Lower Floor Utility Room
  • Family Room with Fireplace
  • Home Office
  • Fenced Yard

About This Home

As of January 2018

Price Reduced! Classic home that has been well maintained, in a quiet residential neighborhood. Recent updates include, wdws, gutters, wer heater all within a year or so. Roof approx. 5 yrs ago. This home features a built in dbl oven, original HW flrs, 2 FPs & a bonus room that could be an office or a 4th BR. Faye Wright Elementary & Judson Middle schools are within walking distance, & a choice of either South Salem HS or Sprague HS is available. Salem Swim & Tennis Club is also in the neighborhood.

Last Agent to Sell the Property

Lori Valdez

SUNDANCE REALTY LLC License #200804106 Listed on: 10/02/2017

Last Buyer's Agent

Kelly Martin

REALTY ONE GROUP WILLAMETTE VALLEY License #200603182

REALTY ONE GROUP WILLAMETTE VALLEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,128

Year Built

  • Built in 1959

Lot Details

  • 10,020 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 2,120 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Home Office
  • Lower Floor Utility Room
  • Security System Leased
  • Finished Basement

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Microwave, Coffee Pot
  • Legal Lot and Block 7 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,128

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Built-In, Range Included
  • Syndicated Remarks: Price Reduced! Classic home that has been well maintained, in a quiet residential neighborhood. Recent updates include, wdws, gutters, wer heater all within a year or so. Roof approx. 5 yrs ago. This home features a built in dbl oven, original HW flrs, 2 FPs & a bonus room that could be an office or a 4th BR. Faye Wright Elementary & Judson Middle schools are within walking distance, & a choice of either South Salem HS or Sprague HS is available. Salem Swim & Tennis Club is also in the neighborhood.
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Microwave, Coffee Pot
  • Fireplace: Family Room
  • Negotiable Inclusions: Washer, Dryer, All Appls, Wdw Coverings
  • Flooring: Wood, Laminate
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Additional Room: On Level: Lower/Basement
  • Basement: Finished
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Bonus Rooms: Office
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Deck, Deck
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Cedar, Shingle

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Security System: Leased
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Lot Info

  • Acres: 0.23
  • Estimated Lot Sq Ft: 10020
  • Lot: 7
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2016
  • Tax Amount: 4128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Jan 25, 2018
Sold by
Engelman Donna
Bought by
Eaton Benjamin and Roper Jennifer
Seller's Agent
Lori Valdez
SUNDANCE REALTY LLC
Buyer's Agent
Kelly Martin
REALTY ONE GROUP WILLAMETTE VALLEY
List Price
$315,000
Sold Price
$301,000
Premium/Discount to List
-$14,000
-4.44%
Current Estimated Value
$549,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,592
Avg. Annual Appreciation
7.94%
Original Mortgage
$270,900
Outstanding Balance
$227,479
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$322,113

Purchase Details

Closed on
Aug 22, 2001
Sold by
Mason Eric C and Engelman Donna
Bought by
Engelman Donna
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eaton Benjamin $301,000 First American Title
Eaton Benjamin $301,000 Fatco
Engelman Donna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eaton Benjamin $270,900
Closed Eaton Benjamin $270,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Sold $301,000 -1.3% $142 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
12/04/2017 12/04/17 Price Changed $305,000 -3.2% $144 / Sq Ft
10/02/2017 10/02/17 For Sale $315,000 -- $149 / 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
2025 $5,667 $297,270 -- --
2024 $5,667 $288,620 -- --
2023 $5,500 $280,220 $0 $0
2022 $5,186 $272,060 $0 $0
2021 $5,037 $264,140 $0 $0
2020 $4,891 $256,450 $0 $0
2019 $4,719 $248,990 $0 $0
2018 $4,802 $0 $0 $0
2017 $4,334 $0 $0 $0
2016 $4,128 $0 $0 $0
2015 $4,160 $0 $0 $0
2014 $3,923 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lori Valdez

    SUNDANCE REALTY LLC

    Section Image
  • Kelly Martin

    Buyer's Agent in 2018

    Kelly Martin

    REALTY ONE GROUP WILLAMETTE VALLEY

    (503) 551-5788

    1 in this area

    53 Total Sales

    Kelly Martin
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 724943

Willamette Valley MLS

APN: 565234

Oregon Marion County Salem 97302 Faye Wright

566 Welcome Way SE, Salem, OR

Not Listed for Sale

Detached

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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