Seller's Agent in 2024
MELISSA SCHUMACHER
PREMIERE PROPERTY GROUP, LLC ALBANY
(541) 974-3877
1 in this area
107 Total Sales
574 Illinois Ave NE Salem, OR 97301
Northeast Salem Neighborhood
2
Beds
1
Bath
1,194
Sq Ft
7,405
Sq Ft Lot
Highlights
- Den
- 1-Story Property
- Luxury Vinyl Plank Tile Flooring
- Fenced Yard
- Landscaped
- Forced Air Heating System
About This Home
As of December 2024Investor Alert. Charming home ready for you make it yours. Quiet neighborhood located near downtown Salem. Shopping and parks nearby. Great investment opportunity or bring your ideas and make it yours.
Last Agent to Sell the Property
PREMIERE PROPERTY GROUP, LLC ALBANY License #201251331 Listed on: 08/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,441
Year Built
- Built in 1950
Lot Details
- 7,405 Sq Ft Lot
- Fenced Yard
- Landscaped
Parking
- Carport
Home Design
- Composition Roof
- Wood Siding
- Lap Siding
Interior Spaces
- 1,194 Sq Ft Home
- 1-Story Property
- Den
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Richmond Elementary School
- Leslie Middle School
- South Salem High School
Utilities
- Forced Air Heating System
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Legal Lot and Block 21 / 2
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2024
Closed on
Dec 18, 2024
Sold by
Lancour Ernest H
Bought by
Nirvana Renovations & Remodeling Llc
Seller's Agent
MELISSA SCHUMACHER
PREMIERE PROPERTY GROUP, LLC ALBANY
Buyer's Agent
Alexandra Aguiar
KNIPE REALTY ERA POWERED
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,997
Avg. Annual Appreciation
39.30%
Original Mortgage
$319,400
Outstanding Balance
$317,454
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$14,543
Purchase Details
Closed on
Oct 1, 2010
Sold by
Federal National Mortgage Association
Bought by
Lancour Ernest H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2010
Sold by
Shrull Mary Fern
Bought by
Federal National Mortgage Association
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | Fidelity National Title | |
| Special Warranty Deed | $75,000 | Amerititle | |
| Trustee Deed | $112,196 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $319,400 | Construction | |
| Previous Owner | $67,500 | New Conventional | |
| Previous Owner | $172,500 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2024 12/27/24 | Sold | $265,000 | +1.9% | $222 / Sq Ft |
| 09/24/2024 09/24/24 | Price Changed | $260,000 | -13.0% | $218 / Sq Ft |
| 08/30/2024 08/30/24 | For Sale | $299,000 | -- | $250 / Sq Ft |
Source: Willamette Valley MLS
Tax History Compared to Growth
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 | $2,515 | $128,100 | -- | -- |
| 2023 | $2,441 | $124,370 | $0 | $0 |
| 2022 | $2,302 | $120,750 | $0 | $0 |
| 2021 | $2,236 | $117,240 | $0 | $0 |
| 2020 | $2,171 | $113,830 | $0 | $0 |
| 2019 | $2,095 | $110,520 | $0 | $0 |
| 2018 | $2,132 | $0 | $0 | $0 |
| 2017 | $1,924 | $0 | $0 | $0 |
| 2016 | $1,833 | $0 | $0 | $0 |
| 2015 | $1,847 | $0 | $0 | $0 |
| 2014 | $1,787 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
MELISSA SCHUMACHER
-
Alexandra Aguiar
Buyer's Agent in 2024
Alexandra Aguiar
KNIPE REALTY ERA POWERED
(503) 930-5315
4 in this area
119 Total Sales
Map
Source: Willamette Valley MLS
MLS Number: 820969
APN: 597065
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.
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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