NOT LISTED FOR SALE

575 Welcome Way SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $502,000 - $533,000

3 Beds
2 Baths
1,844 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $265,000 $144 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,231/month

65 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Family Room with Fireplace
  • Fenced Yard
  • Security System Owned

About This Home

As of May 2016

THE address you have been looking for! Warm & cozy home. Large formal LRM w/FP, formal DRM w/french doors to deck, FRM w/FP real wood paneling, dutch door to the BKYD. Kitchen includes SS fridge & SS dishwasher, cook top with separate oven. Master bedroom has its own bathroom! Beautiful yard, well cared for home. Looks to be hardwood floors under carpet. Heat pump & electronic air cleaner. Solid core wood doors throughout, wood-paned windows. The charm of yester year is waiting for your finishing touch!

Last Agent to Sell the Property

Marianne McNally

NEXTHOME REALTY CONNECTION License #200002227 Listed on: 01/27/2016

NEXTHOME REALTY CONNECTION

Last Buyer's Agent

TORRY BLACKBURN (CHAPMAN)

WINDERMERE PACIFIC WEST PROP License #200106055

WINDERMERE PACIFIC WEST PROP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,881

Year Built

  • Built in 1962

Lot Details

  • 10,450 Sq Ft Lot
  • Lot Dimensions are 85x120
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,844 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Security System Owned

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Personal items
  • Legal Lot and Block 7 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,881

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: THE address you have been looking for! Warm & cozy home. Large formal LRM w/FP, formal DRM w/french doors to deck, FRM w/FP real wood paneling, dutch door to the BKYD. Kitchen includes SS fridge & SS dishwasher, cook top with separate oven. Master bedroom has its own bathroom! Beautiful yard, well cared for home. Looks to be hardwood floors under carpet. Heat pump & electronic air cleaner. Solid core wood doors throughout, wood-paned windows. The charm of yester year is waiting for your finishing touch!
  • Cross Street: Snow White Way
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Personal items
  • Fireplace: Living Room, Family Room, Wood
  • Negotiable Inclusions: Kitchen allipances
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 143.71
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 157.21

Exterior Features

  • Patio: Deck
  • Exterior Color: White
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric, Heat Pump
  • High Speed Comm Access: Available
  • Security System: Owned
  • Water: Connected, City
  • Water Heater: Electric

Schools

  • Elementary School: Faye Wright
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 0.24
  • Estimated Lot Dimensions: 85x120
  • Estimated Lot Sq Ft: 10450
  • Lot: 7
  • Lot Type: Dimension Above
  • Price Per Acre: 1207916.67
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2015
  • Tax Account Number: R65210
  • Tax Amount: 3881

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2016
Closed on
May 9, 2016
Sold by
Barton Malinda L and Barton Diana K
Bought by
Fessier Peter
Seller's Agent
Marianne McNally
NEXTHOME REALTY CONNECTION
Buyer's Agent
TORRY BLACKBURN (CHAPMAN)
WINDERMERE PACIFIC WEST PROP
List Price
$289,900
Sold Price
$265,000
Premium/Discount to List
-$24,900
-8.59%
Current Estimated Value
$516,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,234
Avg. Annual Appreciation
7.42%
Original Mortgage
$212,000
Outstanding Balance
$171,292
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$343,448

Purchase Details

Closed on
Dec 16, 2015
Sold by
Barton Virginia A
Bought by
Barton Virginia A and Barton Malinda L
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
Fessier Peter $265,000 Fidelity Natl Title Co Of Or
Barton Virginia A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fessier Peter $40,000
Open Fessier Peter $212,000
Previous Owner Barton Virginia A $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2016 05/10/16 Sold $265,000 -8.6% $144 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $289,900 -- $157 / 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 $5,889 $299,950 -- --
2023 $5,716 $291,220 $0 $0
2022 $5,389 $282,740 $0 $0
2021 $5,235 $274,510 $0 $0
2020 $5,083 $266,520 $0 $0
2019 $4,904 $258,760 $0 $0
2018 $4,991 $0 $0 $0
2017 $4,504 $0 $0 $0
2016 $4,291 $0 $0 $0
2015 $3,881 $0 $0 $0
2014 $3,748 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marianne McNally

    Seller's Agent in 2016

    Marianne McNally

    NEXTHOME REALTY CONNECTION

    (503) 409-4389

    3 in this area

    58 Total Sales

    Section Image

  • T

    Buyer's Agent in 2016

    TORRY BLACKBURN (CHAPMAN)

    WINDERMERE PACIFIC WEST PROP

    (503) 580-1172

    2 in this area

    11 Total Sales

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 699703

Willamette Valley MLS

APN: 565210

Oregon Marion County Salem 97302 Faye Wright

575 Welcome Way SE, Salem, OR

This home is located at 575 Welcome Way SE, Salem, OR 97302 since 27 January 2016 and is currently estimated at $516,555, approximately $280 per square foot. This property was built in 1962. 575 Welcome Way SE is a home located in Marion County with nearby schools including Wright Elementary School, Judson 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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