NOT LISTED FOR SALE

5772 Witzel Rd SE Salem, OR 97317

Estimated Value: $858,468 - $902,000

4.55 Acres
$193,458 Price per Acre
198,198 Sq Ft Lot

Last Sold April 16, 2018

Last sale price $300,000

Est. 193% increase in value since last sale

Current estimated payment $4,995/month

203 Days on Market

About This Lot

As of April 2018

Your dream home awaits! 4.55 acres of relatively flat land surrounded by beautiful territorial views. Only 10 miles to Salem. On the property you'll find a storage barn, pole barn, & 4 stall horse stables all with electricity. Well & septic are also in! Several access points to water are located throughout the property. Per county, land can be subdivided. The possibilities are endless!! Bring your offer & your vision. Due to condition, Manufactured home is likely not eligible for financing.

Last Agent to Sell the Property

Stephanie Lazarus

MORE REALTY License #201210706 Listed on: 08/10/2017

MORE REALTY

Last Buyer's Agent

Jenny Morrow

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #201213140

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,544

Lot Details

  • 4.55 Acre Lot
  • Property is zoned AR

Utilities

  • Well
  • Septic System
  • Phone Available
  • Cable TV Available

Additional Features

  • Territorial Views
  • Barn

Community Details

  • Richvale Fruit Gardens Subdivision

Listing and Financial Details

  • Tax Lot 2

Property Details

Property Type

Land

Est. Annual Taxes

$4,544

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: Your dream home awaits! 4.55 acres of relatively flat land surrounded by beautiful territorial views. Only 10 miles to Salem. On the property you'll find a storage barn, pole barn, & 4 stall horse stables all with electricity. Well & septic are also in! Several access points to water are located throughout the property. Per county, land can be subdivided. The possibilities are endless!! Bring your offer & your vision. Due to condition, Manufactured home is likely not eligible for financing.
  • Cross Street: Aumsville Hwy SE & Lipscomb St SE
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 65934.07

Exterior Features

  • Out Buildings: Barn
  • View: Territorial

Utilities

  • Water: Well
  • Cable TV: Available
  • Electricity: Yes
  • Septic Installed: Yes
  • Septic Type: Standard
  • Telephone: Available

Schools

  • Elementary School: Aumsville
  • Middle School: Cascade
  • High School: Cascade

Lot Info

  • Acres: 4.55
  • Lot: 2
  • Price Per Acre: 71428.57
  • Zoning: AR
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: R58709

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2017
Closed on
Apr 13, 2018
Sold by
Anderson Barbara L and Anderson Family Trust Udt June 9 2009
Bought by
Thompson Michael A and Thompson Brenda K
Seller's Agent
Stephanie Lazarus
MORE REALTY
Buyer's Agent
Jenny Morrow
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Current Estimated Value
$880,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,234
Avg. Annual Appreciation
15.37%

Purchase Details

Listed on
Aug 10, 2017
Closed on
Apr 12, 2018
Sold by
Anderson Barbara L
Bought by
Thompson Michael A and Thompson Brenda K
Seller's Agent
Stephanie Lazarus
MORE REALTY
Buyer's Agent
Jenny Morrow
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
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
Thompson Michael A $300,000 Fidelity National Title
Thompson Michael A $300,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2018 04/16/18 Sold $300,000 -7.7% --
03/01/2018 03/01/18 Pending -- -- --
02/06/2018 02/06/18 Price Changed $325,000 -7.1% --
08/10/2017 08/10/17 For Sale $350,000 -- --
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 $4,544 $349,340 -- --
2023 $4,287 $339,170 $0 $0
2022 $4,053 $329,300 $0 $0
2021 $2,981 $235,190 $0 $0
2020 $3,533 $292,580 $0 $0
2019 $12 $162,460 $0 $0
2018 $1,313 $0 $0 $0
2017 $1,276 $0 $0 $0
2016 $1,240 $0 $0 $0
2015 $1,169 $0 $0 $0
2014 $1,136 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Lazarus

    Seller's Agent in 2018

    Stephanie Lazarus

    MORE REALTY

    (503) 544-3215

    13 Total Sales

    Stephanie Lazarus
    Section Image
  • Jenny Morrow

    Buyer's Agent in 2018

    Jenny Morrow

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 510-2686

    79 Total Sales

    Jenny Morrow
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 722533

Willamette Valley MLS

APN: 558709

Oregon Marion County Salem 97317

5772 Witzel Rd SE, Salem, OR

This home is located at 5772 Witzel Rd SE, Salem, OR 97317 since 10 August 2017 and is currently estimated at $880,234. 5772 Witzel Rd SE is a home located in Marion County with nearby schools including Cascade Junior High School and Cascade Senior 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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