NOT LISTED FOR SALE

5823 Silverton Rd NE Salem, OR 97305

Estimated Value: $428,422 - $564,000

3 Beds
1 Bath
1,220 Sq Ft
$407/Sq Ft Est. Value

Last Sold October 17, 2017

Last sale price $270,000 $221 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,914/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Living Room with Fireplace
  • Home Office
  • Deck
  • Wood Flooring
  • First Floor Utility Room

About This Home

As of October 2017

Home plus Shop! Charming single level home on .44 acre parcel, zoned EFU. Like new, inside & out! Vinyl windows, hardi-plank siding, new cedar deck in front & covered deck in back. 3 bdrms plus office, natural hardwood floors, freshly painted, remodeled kitchen. FP, Elec Ht Pump, attached garage & carport plus partial basement. Huge backyard has a 36x36 shop with 12’ Door – 100 amp service wired 220. Room for RV. On well & septic. Well has been reconditioned & producing exceptionally. Easy access to I-5.

Last Agent to Sell the Property

Gladys Blum

BLUM REAL ESTATE License #781200091 Listed on: 07/24/2017

Last Buyer's Agent

Gladys Blum

BLUM REAL ESTATE License #781200091 Listed on: 07/24/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1940

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 81x269
  • Fenced Yard
  • Landscaped
  • Property is zoned EFU

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,220 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Home Office
  • First Floor Utility Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Shop

Utilities

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

Listing and Financial Details

  • Exclusions: TV in living room
  • Tax Lot M&B

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,813

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Home plus Shop! Charming single level home on .44 acre parcel, zoned EFU. Like new, inside & out! Vinyl windows, hardi-plank siding, new cedar deck in front & covered deck in back. 3 bdrms plus office, natural hardwood floors, freshly painted, remodeled kitchen. FP, Elec Ht Pump, attached garage & carport plus partial basement. Huge backyard has a 36x36 shop with 12’ Door – 100 amp service wired 220. Room for RV. On well & septic. Well has been reconditioned & producing exceptionally. Easy access to I-5.
  • Cross Street: 60th Ave.
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: TV in living room
  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: Window Treatments, Range, Fridge, Deck Cover
  • Flooring: Wood, Tile
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 13.3x11.2, On Level: 1/Main
  • Bedroom 2: Dimensions: 11.7x11.2, On Level: 1/Main
  • Bedroom 3: Dimensions: 10.6x10, On Level: 1/Main
  • Additional Room: Dimensions: 11.4x9.5, On Level: 1/Main
  • Basement: Partial, Unfinished
  • Dining Room: 1/Main, Dimensions: Area, On Level: 1/Main
  • Living Room: Dimensions: 21.6x13.6, On Level: 1/Main
  • Kitchen: Dimensions: 13.5x11.2, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Office
  • Price Per Sq Ft: 221.31
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 217.21

Exterior Features

  • Patio: Deck
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Separate Shop
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Electric, Heat Pump
  • High Speed Comm Access: Present
  • Septic: Standard
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Lamb
  • Middle School: Adam Stephens
  • High School: McKay

Lot Info

  • Acres: 0.44
  • Estimated Lot Dimensions: 81x269
  • Estimated Lot Sq Ft: 19370
  • Lot: M&B
  • Price Per Acre: 602272.73
  • Rv Amenities: Area/Room For
  • Zoning: EFU
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2016
  • Tax Account Number: R22712
  • Tax Amount: 1813

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Davis Brandon C
Bought by
Davis Brandon C and Davis Lonna R
Current Estimated Value
$496,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$308,008
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$141,458

Purchase Details

Listed on
Jul 24, 2017
Closed on
Oct 16, 2017
Sold by
Babcock Steven John and Babcock Stacey Renee
Bought by
Davis Brandon C
Seller's Agent
Gladys Blum
BLUM REAL ESTATE
Buyer's Agent
Gladys Blum
BLUM REAL ESTATE
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$260,988
Interest Rate
3.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2005
Sold by
Burkoff Zina
Bought by
Babcock Steven John and Babcock Stacey Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 28, 2004
Sold by
Federal National Mortgage Association
Bought by
Burkoff Zina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2004
Sold by
Lynch Kenneth R and Lynch Roberta J
Bought by
Mortgage Electronic Registration Systems
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
Davis Brandon C -- Fidelity National Title
Davis Brandon C $270,000 Fidelity National Title
Babcock Steven John $160,000 Fidelity Natl Title Co Of Or
Burkoff Zina $88,200 Amerititle
Mortgage Electronic Registration Systems $90,083 Fat
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Brandon C $330,000
Closed Davis Brandon C $14,729
Closed Davis Brandon C $260,988
Previous Owner Babcock Steven John $172,578
Previous Owner Babcock Steven John $128,000
Previous Owner Burkoff Zina $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2017 10/17/17 Sold $270,000 +1.9% $221 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $265,000 -- $217 / 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 $2,520 $173,910 -- --
2023 $2,390 $168,850 $0 $0
2022 $2,251 $163,940 $0 $0
2021 $2,230 $159,170 $0 $0
2020 $2,078 $154,540 $0 $0
2019 $2,102 $150,040 $0 $0
2018 $2,136 $0 $0 $0
2017 $1,895 $0 $0 $0
2016 $1,813 $0 $0 $0
2015 $1,795 $0 $0 $0
2014 $1,717 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 721715

Willamette Valley MLS

APN: 522712