NOT LISTED FOR SALE

5862 Fountainhead St SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $477,000 - $578,000

3 Beds
2.5 Baths
2,382 Sq Ft
$227/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $385,125 $162 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,416/month

8 Days on Market

Highlights

  • Territorial View
  • Traditional Architecture
  • Loft
  • Vaulted Ceiling
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of December 2019

Master suite on main level in this beautiful Creekside home! Open floor plan featuring two-story family room open to kitchen and separate formal living/dining. Bonus room and two bedrooms upstairs. Private backyard and lots of upgrades including tankless water heater, solar panels, sealed crawl space, professional weatherization, solar powered attic fans, electronic air filter, water saving drip irrigation system and more.

Last Agent to Sell the Property

Eric Fiskum

RE/MAX Integrity License #990500138 Listed on: 11/13/2019

RE/MAX Integrity

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,739

Year Built

  • Built in 2003

Lot Details

  • 5,227 Sq Ft Lot
  • Sloped Lot
  • Sprinkler System
  • Private Yard
  • Raised Garden Beds
  • Property is zoned RS

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Composition Roof
  • Lap Siding
  • Cement Siding

Interior Spaces

  • 2,382 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room
  • Separate Formal Living Room
  • Dining Room
  • Loft
  • Bonus Room
  • Utility Room
  • Laundry Room
  • Territorial Views
  • Crawl Space

Kitchen

  • Microwave
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Soaking Tub

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Schools

  • Sumpter Elementary School
  • Crossler Middle School
  • Sprague High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Air Cleaner
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 331309

Community Details

Overview

  • Creekside Homeowners Assoc. Association, Phone Number (253) 661-5437
  • Creekside Phase 8 Subdivision

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,739

Year Built

Built in 2003

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2003
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: EatBar,Island
  • Room 7 Features: CeilingFan
  • Room 8 Features: CeilingFan
  • Room 9 Features: Formal
  • Special Features: None

Interior Features

  • Accessibility Features: BuiltinLighting, GarageonMain, OneLevel
  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: AirCleaner, CeilingFan, Laundry, SoakingTub, Sprinkler, VaultedCeiling, WalltoWallCarpet, WoodFloors
  • Room 4 Description: BonusRoom
  • Room 4 Features: Loft
  • Room 4 Level: Upper
  • Room 5 Description: UtilityRoom
  • Room 5 Level: Main
  • Basement: CrawlSpace
  • Appliances: Disposal, Microwave, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Association Contact: --
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt5000to6999
  • Other Room10 Area: 272
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 240
  • Fifth Bedroom Area: 35
  • Bedroom 7 Area: 132
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 144
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 132
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Exterior Features: Patio, RaisedBeds, Sprinkler, Yard
  • Lot Size: 5,000 to 6,999 SqFt
  • View: Yes
  • Lot Features: Sloped
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OnStreet
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tankless
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Commons, Management
  • Senior Community: No
  • Association Fee: 35.0
  • Association Fee Frequency: Monthly
  • Association Name: Creekside Homeowners Assoc.
  • Phone: 253-661-5437
  • Association: Yes
  • Association Email: www.creeksideowners.com

Association/Amenities

  • AssociationAddress: 534 Crooked Stick Lane, Salem OR 97306
  • AssociationPendingLitigationYN: Yes
  • AssociationStatus: Active

Schools

  • Elementary School: Sumpter
  • High School: Sprague
  • Middle Or Junior School: Crossler

Lot Info

  • Zoning: RS
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 331309

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 4739.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
Dec 9, 2019
Sold by
Nelson Molly A and Ferrante Molly A
Bought by
Chen Lori Ann and Chen Kuo Chung Dax
Seller's Agent
Eric Fiskum
RE/MAX Integrity
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$399,900
Sold Price
$385,125
Premium/Discount to List
-$14,775
-3.69%
Current Estimated Value
$539,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,660
Avg. Annual Appreciation
6.00%
Original Mortgage
$346,612
Outstanding Balance
$306,185
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$233,600

Purchase Details

Listed on
Jan 10, 2019
Closed on
Apr 2, 2019
Sold by
Bogart Louise B
Bought by
Ferrante Molly A
Seller's Agent
Jennifer Larson
HOMESTAR BROKERS
Buyer's Agent
Eric Fiskum
RE/MAX INTEGRITY - SALEM
List Price
$379,900
Sold Price
$375,000
Premium/Discount to List
-$4,900
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$300,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2017
Sold by
Bogart Louise B
Bought by
Bogart Louise B and Burton S Bogart Family Trust

Purchase Details

Closed on
Aug 11, 2006
Sold by
Bogart Burton S and Bogart Louise B
Bought by
Bogart Burton S and Bogart Louise B

Purchase Details

Closed on
Jan 14, 2004
Sold by
Milestone Homes Llc
Bought by
Bogart Burton S and Bogart Louise B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2002
Sold by
Creekside Phase 8 Development Llc
Bought by
Milestone Homes Llc
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
Chen Lori Ann $385,125 Amerititle
Ferrante Molly A $375,000 Amerititle
Bogart Louise B -- None Available
Bogart Burton S -- None Available
Bogart Burton S $259,900 Fidelity Natl Title Co Of Or
Milestone Homes Llc $48,900 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Lori Ann $346,612
Previous Owner Ferrante Molly A $300,000
Previous Owner Bogart Burton S $129,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2019 12/16/19 Sold $385,125 0.0% $162 / Sq Ft
12/16/2019 12/16/19 Sold $385,125 -3.7% $162 / Sq Ft View Prior Sale
11/21/2019 11/21/19 Pending -- -- --
11/13/2019 11/13/19 For Sale $399,900 0.0% $168 / Sq Ft
10/23/2019 10/23/19 For Sale $399,900 +6.6% $168 / Sq Ft
04/03/2019 04/03/19 Sold $375,000 -1.3% $157 / Sq Ft View Prior Sale
01/10/2019 01/10/19 For Sale $379,900 -- $159 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $6,094 $310,350 -- --
2023 $5,914 $301,320 $0 $0
2022 $5,576 $292,550 $0 $0
2021 $5,417 $284,030 $0 $0
2020 $5,259 $275,760 $0 $0
2019 $5,231 $267,730 $0 $0
2018 $4,739 $0 $0 $0
2017 $4,277 $0 $0 $0
2016 $4,439 $0 $0 $0
2015 $4,473 $0 $0 $0
2014 $4,328 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19031284

Regional Multiple Listing Service (RMLS)

APN: 331309