NOT LISTED FOR SALE

586 Welcome Way SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $562,336 - $642,000

3 Beds
2 Baths
2,309 Sq Ft
$262/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $430,000 $186 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,739/month

1 Day on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Lower Floor Utility Room
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Fenced Yard

About This Home

As of July 2019

Step inside this 80's masterpiece and you'll be greeted with natural light flooding into an open and inviting layout. Brick accents, hardwood floors, unique touches and incredibly high ceilings with windows everywhere makes this home a true space to entertain. A massive sunroom with brick floors connects living & family rooms to the spacious yard. A private master suite upstairs to top it off. This home is truly one of a kind.

Last Agent to Sell the Property

Amanda Rammer

RE/MAX NORTHWEST - BRANCH OFFICE License #201212361 Listed on: 06/06/2019

RE/MAX NORTHWEST - BRANCH OFFICE

Last Buyer's Agent

Katelyn Hauge

LEGACY REAL ESTATE License #201205554

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,657

Year Built

  • Built in 1981

Lot Details

  • 10,200 Sq Ft Lot
  • Fenced Yard
  • Partially Fenced Property
  • Sprinkler System
  • Property is zoned RS

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 2,309 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Lower Floor Utility Room
  • Security System Owned

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 9 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,657

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Dual Living: Possible
  • Home Warranty: Negotiable
  • Range Facility: Electric, Built-In
  • Syndicated Remarks: Step inside this 80's masterpiece and you'll be greeted with natural light flooding into an open and inviting layout. Brick accents, hardwood floors, unique touches and incredibly high ceilings with windows everywhere makes this home a true space to entertain. A massive sunroom with brick floors connects living & family rooms to the spacious yard. A private master suite upstairs to top it off. This home is truly one of a kind.
  • Cross Street: Commercial
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: Leather Seating in Family Room
  • Flooring: Carpet, Wood
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 15x13, On Level: 1/Main
  • Bedroom 2: Dimensions: 12x11, On Level: Lower/Basement
  • Bedroom 3: Dimensions: 11x11, On Level: Lower/Basement
  • Additional Room: Dimensions: 30x6, On Level: Lower/Basement
  • Dining Room: Lower/Basement, Dimensions: 13x11, On Level: Lower/Basement
  • Family Room: Dimensions: 13x13, On Level: Lower/Basement
  • Living Room: Dimensions: 16x13, On Level: Lower/Basement
  • Kitchen: Dimensions: 12x11, On Level: Lower/Basement
  • Utility Room Level: Lower/Basement
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Fenced Yard: Partial, Yes
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Forced Air
  • High Speed Comm Access: Available
  • Security System: Owned
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Lot Info

  • Acres: 0.23
  • Estimated Lot Sq Ft: 10200
  • Flood Plain: Unknown
  • Lot: 9
  • Rv Amenities: Area/Room For, Pad
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2018
  • Tax Amount: 5657

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 5, 2019
Sold by
Hatten Sean Spriggs and Smith Sean Michael
Bought by
Joyner James R and Miller Kylee
Seller's Agent
Amanda Rammer
RE/MAX NORTHWEST - BRANCH OFFICE
Buyer's Agent
Katelyn Hauge
LEGACY REAL ESTATE
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$605,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,084
Avg. Annual Appreciation
5.46%
Original Mortgage
$430,000
Outstanding Balance
$376,513
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$228,571

Purchase Details

Listed on
May 22, 2018
Closed on
Jun 12, 2018
Sold by
Facha Christopher L and Facha Elizabeth
Bought by
Smith Sean Michael
Seller's Agent
John Scruggs
Premiere Property Group, LLC
Buyer's Agent
Amanda Rammer
RE/MAX Northwest
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%

Purchase Details

Listed on
Jun 10, 2014
Closed on
Aug 11, 2014
Sold by
Costlow Stephen M and Costlow Kimberly F
Bought by
Facha Christopher L and Facha Elizabeth
Seller's Agent
Gladys Blum
BLUM REAL ESTATE
List Price
$249,900
Sold Price
$253,900
Premium/Discount to List
$4,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$241,205
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2002
Sold by
Howard Peter C and Howard Jeannie I
Bought by
Costlow Stephen M and Costlow Kimberly F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,750
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Joyner James R $430,000 Fidelity Natl Ttl Co Of Or
Smith Sean Michael $400,000 Ticor Title
Facha Christopher L $253,900 Fidelity National Title Co
Costlow Stephen M $207,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joyner James R $430,000
Previous Owner Facha Christopher L $241,205
Previous Owner Costlow Stephen M $200,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2019 07/08/19 Sold $430,000 +1.2% $186 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $425,000 +6.3% $184 / Sq Ft
06/13/2018 06/13/18 Sold $400,000 0.0% $173 / Sq Ft View Prior Sale
05/28/2018 05/28/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $399,900 +57.5% $173 / Sq Ft
08/14/2014 08/14/14 Sold $253,900 +1.6% $110 / Sq Ft View Prior Sale
06/29/2014 06/29/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $249,900 -- $108 / 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
2025 $6,676 $350,210 -- --
2024 $6,676 $340,010 -- --
2023 $6,479 $330,110 $0 $0
2022 $6,109 $320,500 $0 $0
2021 $5,934 $311,170 $0 $0
2020 $5,761 $302,110 $0 $0
2019 $5,559 $293,320 $0 $0
2018 $5,657 $0 $0 $0
2017 $5,106 $0 $0 $0
2016 $4,863 $0 $0 $0
2015 $4,900 $0 $0 $0
2014 $4,662 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Rammer

    Seller's Agent in 2019

    Amanda Rammer

    RE/MAX NORTHWEST - BRANCH OFFICE

    (541) 285-3818

    203 Total Sales

    Amanda Rammer
    Section Image
  • Katelyn Hauge

    Buyer's Agent in 2019

    Katelyn Hauge

    LEGACY REAL ESTATE

    (503) 428-4259

    42 Total Sales

    Katelyn Hauge
    Section Image
  • John Scruggs

    Seller's Agent in 2018

    John Scruggs

    Premiere Property Group, LLC

    (503) 889-6686

    9 Total Sales

    John Scruggs
    Section Image
  • Suzanne Scruggs

    Seller Co-Listing Agent in 2018

    Suzanne Scruggs

    Premiere Property Group, LLC

    (971) 294-8879

    9 Total Sales

    Suzanne Scruggs
    Section Image
  • Gladys Blum

    Seller's Agent in 2014

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    16 in this area

    695 Total Sales

    Gladys Blum
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 749954

Willamette Valley MLS

APN: 565236

Oregon Marion County Salem 97302 Faye Wright

586 Welcome Way SE, Salem, OR

Not Listed for Sale

Detached

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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