NOT LISTED FOR SALE

5831 Oakstone Dr SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $460,017

3 Beds
2 Baths
1,742 Sq Ft
$264/Sq Ft Est. Value

Sale Details

Date Sold: November 19, 2021

Last sale price $395,000 $227 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,842 / mo

8 Days on Market

Highlights

  • Deck
  • Territorial View
  • Fenced Yard
  • Living Room with Fireplace
  • Den
  • 2 Car Attached Garage

About This Home

As of November 2021

Beautiful single level home in a great South Salem neighborhood at an affordable price! 3 bedrooms + office. Vaulted ceilings throughout. Cozy up in front of the fireplace on blustery evenings. Deck access from kitchen/dining area and master bedroom. New roof in 2019, new flooring in the kitchen, office, hall and bathroom. New furnace and A/C in 2020. New stove in 2019.

Last Agent to Sell the Property

Alexandra Morrison

WINDERMERE HERITAGE License #201203600 Listed on: 09/30/2021

WINDERMERE HERITAGE

Last Buyer's Agent

Christine Folz

REAL BROKER License #201204657

REAL BROKER

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,285

Year Built

  • Built in 1993

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Yard
  • Sprinkler System
  • Property is zoned RSFR

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,742 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Den
  • Territorial Views

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 94

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,285

Year Built

Built in 1993

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Beautiful single level home in a great South Salem neighborhood at an affordable price! 3 bedrooms + office. Vaulted ceilings throughout. Cozy up in front of the fireplace on blustery evenings. Deck access from kitchen/dining area and master bedroom. New roof in 2019, new flooring in the kitchen, office, hall and bathroom. New furnace and A/C in 2020. New stove in 2019.
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Disposal: Yes
  • Fireplace: Living Room
  • Negotiable Inclusions: Washer/dryer, refrigerator
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Bonus Rooms: Den
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Deck
  • Fenced Yard: Yes
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Forced Air, Gas
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Gas

Lot Info

  • Acres: 0.13
  • Estimated Lot Sq Ft: 5663
  • Lot: 94
  • Underground Sprinklers: Refer To Remarks, Yes
  • Zoning: RSFR
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2020
  • Tax Amount: 4285

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 8, 2021
Sold by
Sorenson Ruth
Bought by
Seller's Agent
Alexandra Morrison
WINDERMERE HERITAGE
Buyer's Agent
Christine Folz
REAL BROKER
List Price
$385,000
Sold Price
$395,000
Premium/Discount to List
$10,000
2.6%
Current Estimated Value
$460,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,017
Avg. Annual Appreciation
3.20%
Original Mortgage
$316,000
Outstanding Balance
$229,324
Interest Rate
2.35%
Estimated Equity
$230,693

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 4, 2021
Sold by
Sorenson Jeffrey D and Sorenson Ruth A
Bought by
Sorenson Ruth
Seller's Agent
Alexandra Morrison
WINDERMERE HERITAGE
Buyer's Agent
Christine Folz
REAL BROKER
List Price
$385,000
Sold Price
$395,000
Premium/Discount to List
$10,000
2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Outstanding Balance
$229,324
Interest Rate
2.35%
Estimated Equity
$230,693
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Gateway, OR

  • Brooklyn Morgan Real Estate Agent - MORE Realty

    Brooklyn Morgan

    MORE Realty

    (503) 506-6839

    115 Total Sales

    3 in South Gateway

    $200K - $374K Price Range

    Brooklyn Morgan
     Section Image
  • Kimberly Leighty Real Estate Agent - BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    Kimberly Leighty

    BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    (503) 832-6919

    82 Total Sales

    4 in South Gateway

    $160K - $615K Price Range

    Kimberly Leighty
     Section Image
  • Vanessa Quevedo-Coria Real Estate Agent - HOMESMART REALTY GROUP

    Vanessa Quevedo-Coria

    HOMESMART REALTY GROUP

    (888) 311-8275

    42 Total Sales

    2 in South Gateway

    $470,000 Price Range

    Vanessa Quevedo-Coria
     Section Image
  • Jesse Sommers Real Estate Agent - HOMESTAR BROKERS

    Jesse Sommers

    HOMESTAR BROKERS

    (541) 532-3149

    45 Total Sales

    16 in South Gateway

    $250K - $860K Price Range

    Jesse Sommers
     Section Image
  • Angie Lawton-Wallesen Real Estate Agent - Cascade Hasson Sotheby's International Realty

    Angie Lawton-Wallesen

    Cascade Hasson Sotheby's International Realty

    (971) 351-1052

    129 Total Sales

    4 in South Gateway

    $329K - $620K Price Range

    Angie Lawton-Wallesen
     Section Image
  • Tess Aiello Real Estate Agent - JOHN L. SCOTT-SALEM

    Tess Aiello

    JOHN L. SCOTT-SALEM

    (971) 444-6451

    35 Total Sales

    2 in South Gateway

    $400K - $550K Price Range

    Tess Aiello
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$395,000 Fidelity Natl Ttl Co Of Or
Sorenson Ruth -- Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $316,000
Closed Sorenson Ruth $316,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $395,000 +2.6% $227 / Sq Ft
09/30/2021 09/30/21 For Sale $385,000 -- $221 / Sq Ft
Source: Willamette Valley MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,817 $252,670
2024 $4,817 $245,320
2023 $4,675 $238,180 $0 $0
2022 $4,408 $231,250 $0 $0
2021 $4,282 $224,520 $0 $0
2020 $4,286 $217,990 $0 $0
2019 $4,135 $211,650 $0 $0
2018 $4,082 $0 $0 $0
2017 $3,684 $0 $0 $0
2016 $3,509 $0 $0 $0
2015 $3,536 $0 $0 $0
2014 $3,422 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alexandra Morrison Real Estate Agent - WINDERMERE HERITAGE

    Seller's Agent in 2021

    Alexandra Morrison

    WINDERMERE HERITAGE

    (503) 689-3652

    5 in this area

    95 Total Sales

    Alexandra Morrison
    Section Image
  • Christine Folz Real Estate Agent - REAL BROKER

    Buyer's Agent in 2021

    Christine Folz

    REAL BROKER

    (503) 949-3087

    10 in this area

    195 Total Sales

    Christine Folz
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 784323

Willamette Valley MLS

APN: 594343

Oregon Marion County Salem 97306 South Gateway

5831 Oakstone Dr SE, Salem, OR

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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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