NOT LISTED FOR SALE

575 Welcome Way SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $499,960 - $525,000

3 Beds
2 Baths
1,844 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 10, 2016

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

Est. 94% increase in value since last sale

Current estimated payment $3,347/month

65 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Family Room with Fireplace
  • Fenced Yard
  • Cooling Available

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

  • Cooling Available
  • 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
$514,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,740
Avg. Annual Appreciation
7.55%
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

Similar Homes in Salem, OR

  • 3234 Pioneer Dr SE, Salem, OR 97302

    $538,500

    • 3 Beds
    • 3 Baths
    • 2,533 Sq Ft
    • 3234 Pioneer Dr SE
    • Salem, OR

    Accepted Offer with Contingencies. Tastefully updated while maintaining its original charm. The main level features a spacious living room, formal dining, and a kitchen with stainless steel appliances, pantry, and pullouts. Also on the main floor: the primary suite, a second bedroom, and a full bath. Downstairs offers a third bedroom, family room, and utility area. Enjoy the sunroom overlooking a

    Julie Rogers COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    Section Image
  • 1453 Jordan Dr S, Salem, OR 97302

    $575,000

    • 4 Beds
    • 3.5 Baths
    • 2,680 Sq Ft
    • 1453 Jordan Dr S
    • Salem, OR

    Updated and move-in-ready 4 bedroom, 3.5 bathrooms, new roof, new AC, new carpet, new paint, spacious family room, living room, serene & private backyard with a waterfall feature and a hot tub for relaxation. Come see what this house has to offer!

    OKSANA FOKSHA HOMESTAR BROKERS

    Section Image
  • 318 Carnelia St SE, Salem, OR 97306

    $449,000

    • 4 Beds
    • 2.5 Baths
    • 1,652 Sq Ft
    • 318 Carnelia St SE
    • Salem, OR

    Accepted Offer with Contingencies. SOUTH SALEM GEM! This 4BR home is located on a quiet street with great schools.Sprague HS. RV parking pad with electrical hook up. Solid home with several upgrades. New gas water heater, bamboo flooring, gas F/A, A/C, Gas FP. MBR Suite is vaulted with walk-in closet. Outdoor irrigation system. Dedicated circuit for EV charging. Fully fenced backyard ready for

    Michael Schmidt SILVERTON REALTY, INC.

    Section Image
  • 4835 Talisman Ct S, Salem, OR 97302

    $644,900

    • 5 Beds
    • 2.5 Baths
    • 3,074 Sq Ft
    • 4835 Talisman Ct S
    • Salem, OR

    Oasis in the city! Spacious home offering 5 bedrooms, 2.5 baths w/ primary suite on main level. Gourmet kitchen w/ slab granite, cherry cabinets, ss appl, sub-zero fridge & gas fireplace. Tankless gas water heater. Sun-drenched LR w/ soaring ceiling & wood floors. Bonus media room & library nook upstairs. Sunroom leads to private patio & gazebo. A gardener's dream yard! Spacious 1/3 acre,

    Emily Brock KELLER WILLIAMS CAPITAL CITY

    Section Image
  • 542 Sarah Renee (Lot 76) Ave SE, Salem, OR 97306

    $519,900

    • 3 Beds
    • 2.5 Baths
    • 1,519 Sq Ft
    • 542 Sarah Renee (Lot 76) Ave SE
    • Salem, OR

    Construction Nearly Complete! This Craftsman style 2 story home w/9ft ceilings & floor to ceiling stone gas fireplace creates a open feel to the main floor. The Latte package w/blonde LVP floors w/corresponding custom cabinets & white quartz countertops adds a light & bright aesthetic! Home includes SS appliances. Landscaping is covered w/underground sprinklers, Large fenced rear yard & covered

    Sarah Walsh RE/MAX INTEGRITY - SALEM

    Section Image
  • 2259 Alex Ct SE, Salem, OR 97302

    $565,000

    • 4 Beds
    • 2.5 Baths
    • 2,465 Sq Ft
    • 2259 Alex Ct SE
    • Salem, OR

    Check out this turnkey, modern home in Nottingham Woods with room for everyone! Features include - new AC, LVP flooring, gas fireplace, gigantic updated deck, fully-fenced back yard, and an oversized bonus bedroom / playroom - all on a private cul-de-sac near Costco, top-rated schools, and Interstate 5. Enjoy an easy commute, or flex WFH flex space, and sweeping views from the primary with

    Alex McCarthy JOHN L. SCOTT-SALEM

    Section Image
  • 5650 Jeremy Valley (Lot 79) Dr SE, Salem, OR 97306

    $649,900

    • 3 Beds
    • 2 Baths
    • 2,792 Sq Ft
    • 5650 Jeremy Valley (Lot 79) Dr SE
    • Salem, OR

    Enter in to 1,677sqft of convenient single-level living on the main w/3beds, 2 baths & open concept great rm. The main floor boasts a spacious open layout, featuring quartz or granite slab countertops, stainless steel appliances, custom cabinetry, kitchen island and pantry. Enjoy the durability of LVP flooring, a striking floor-to-ceiling stone fireplace. Design the remaining 1,115sqft walk out

    Sarah Walsh RE/MAX INTEGRITY - SALEM

    Section Image
  • 5635 Jeremy Valley (Lot 64) Dr SE, Salem, OR 97306

    $539,900

    • 4 Beds
    • 2 Baths
    • 1,534 Sq Ft
    • 5635 Jeremy Valley (Lot 64) Dr SE
    • Salem, OR

    You'll love this single level plan w/4 bedrooms and 2 full baths! Perfectly designed with vaulted ceilings, granite or quartz slab counters, stainless steel applia. & custom cabinets, island & pantry in kitchen. Durable LVP flooring, floor to ceiling stone fireplace with mantle, landscaped front/rear yards w/sprinklers, fully fenced & covered rear patio! Choose from 5 different finish packages.

    Sarah Walsh RE/MAX INTEGRITY - SALEM

    Section Image
  • 5675 Jeremy Valley (Lot 59) Dr SE, Salem, OR 97306

    $539,900

    • 3 Beds
    • 2.5 Baths
    • 1,562 Sq Ft
    • 5675 Jeremy Valley (Lot 59) Dr SE
    • Salem, OR

    Welcome to Don Lulay Homes at Springwood Estates Phase 2! This Craftsman style 2 story home has an open main floor plan. Choose from granite/quartz countertops, stainless steel applia. & custom cabinets, prep island & pantry in kitchen. Durable LVP w/upgraded carpet in bedrms, floor to ceiling stone fireplace w/mantle, landscaped front/rear yards w/sprinklers, fully fenced w/covered patio. 5

    Sarah Walsh RE/MAX INTEGRITY - SALEM

    Section Image
See All Homes in Salem

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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

    59 Total Sales

    Marianne McNally
    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

    TORRY BLACKBURN (CHAPMAN)
    Section Image
See All Agents

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 $514,740, approximately $279 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

Nearby Homes