NOT LISTED FOR SALE

5862 Lipscomb St SE Salem, OR 97317

Salem Area

Estimated Value: $884,000 - $914,148

3 Beds
2.5 Baths
3,207 Sq Ft
$280/Sq Ft Est. Value

Sale Details

Date Sold: July 19, 2023

Last sale price $900,000 $281 Per Sq Ft

Current estimated payment $5,320 / mo

8 Days on Market

Highlights

  • Spa
  • Family Room with Fireplace
  • Main Floor Primary Bedroom
  • RV Access or Parking
  • Territorial View
  • Covered Patio or Porch

About This Home

As of July 2023

Cascade district! This stunning small acreage property just outside of Salem has it all! Dual living potential. Large driveway, 1600 square foot spacious shop & home is all single level. Fresh exterior paint and new floors, trim, kitchen cabinets, appliances, granite counters! Formal and informal dining.Vaulted ceilings. Large spacious bedrooms. 2 bonus rooms could potentially be a 5 bed. Master suite is 26X16 huge walk-in closet & fireplace. Yard & back acreage is fenced. Enjoy the views from the hot tub!

Last Agent to Sell the Property

Nancy Rocha

HOMESMART REALTY GROUP License #201221615 Listed on: 06/08/2023

HOMESMART REALTY GROUP

Last Buyer's Agent

LAURA ERICKSON

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #200803047

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Range of Values:

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Value Increase
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Percent Increase
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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

  • $4,365

Year Built

  • Built in 1976

Lot Details

  • 2.79 Acre Lot
  • Fenced Yard
  • Irregular Lot

Home Design

  • Composition Roof
  • Board and Batten Siding
  • T111 Siding

Interior Spaces

  • 3,207 Sq Ft Home
  • Family Room with Fireplace
  • Laminate Flooring
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Shop

Schools

  • Turner Elementary School
  • Cascade Middle School
  • Cascade High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic System
  • High Speed Internet

Community Details

  • Green Hills Estate Number Subdivision

Listing and Financial Details

  • Exclusions: staging property
  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,365

Year Built

Built in 1976

Lot Details

2.79 Acres

Listing Details

  • Class: Residential
  • Type: Residence
  • Dual Living: Possible
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Cascade district! This stunning small acreage property just outside of Salem has it all! Dual living potential. Large driveway, 1600 square foot spacious shop & home is all single level. Fresh exterior paint and new floors, trim, kitchen cabinets, appliances, granite counters! Formal and informal dining.Vaulted ceilings. Large spacious bedrooms. 2 bonus rooms could potentially be a 5 bed. Master suite is 26X16 huge walk-in closet & fireplace. Yard & back acreage is fenced. Enjoy the views from the hot tub!
  • Cross Street: Gath
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: staging property
  • Fireplace: Family Room
  • Negotiable Inclusions: appliances stay
  • Flooring: Laminate
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: Blue
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Out Buildings: Separate Shop
  • Roof: Composition
  • Siding: Composite, Fiber Cement
  • Siding Style: Board & Batt, T111
  • Swimming Pool: Hot Tub
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Heating/Cooling: Gas, Central Ac
  • High Speed Comm Access: Available
  • Septic: Standard
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Acres: 2.79
  • Estimated Lot Sq Ft: 121535
  • Lot: 1
  • Lot Type: Irregular
  • Rv Amenities: Area/Room For
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2021
  • Tax Amount: 4365

MLS Schools

  • HighSchool: Cascade
  • Middle School: Cascade
  • Elementary School: Turner

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
Jun 8, 2023
Closed on
Jul 18, 2023
Sold by
Bought by
Seller's Agent
Nancy Rocha
HOMESMART REALTY GROUP
Buyer's Agent
LAURA ERICKSON
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%
Views
137
Current Estimated Value
$899,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$926
Avg. Annual Appreciation
-0.03%
Original Mortgage
$720,000
Outstanding Balance
$695,920
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$203,154

Purchase Details

Closed on
Nov 27, 2018
Sold by
Bought by

Purchase Details

Closed on
May 31, 2017
Sold by
Bought by

Purchase Details

Closed on
Jan 10, 2014
Sold by
Bought by

Purchase Details

Listed on
Jan 24, 2012
Closed on
Oct 18, 2012
Sold by
Bought by
Buyer's Agent
Steve Schmidt
LEGEND PROPERTIES
List Price
$375,000
Sold Price
$260,000
Premium/Discount to List
-$115,000
-30.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%

Purchase Details

Closed on
Nov 12, 1999
Sold by
Bought by
Source: Public Records

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
$900,000 First American Title
$220,000 Amerititle
-- Amerititle
-- None Available
$260,000 First American
$413,000 --
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 $720,000
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 Prior Sale
07/19/2023 07/19/23 Sold $900,000 -2.7% $281 / Sq Ft
06/08/2023 06/08/23 For Sale $925,000 +255.8% $288 / Sq Ft
10/19/2012 10/19/12 Sold $260,000 -30.7% $81 / Sq Ft View Prior Sale
09/02/2012 09/02/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $375,000 -- $117 / 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 $4,599 $397,690
2024 $4,599 $386,110
2023 $4,478 $374,870 $0 $0
2022 $4,235 $363,960 $0 $0
2021 $4,129 $353,360 $0 $0
2020 $4,129 $343,070 $0 $0
2019 $4,039 $333,080 $0 $0
2018 $3,946 $0 $0 $0
2017 $3,831 $0 $0 $0
2016 $3,723 $0 $0 $0
2015 $3,619 $0 $0 $0
2014 $3,657 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Rocha Real Estate Agent - HOMESMART REALTY GROUP

    Seller's Agent in 2023

    Nancy Rocha

    HOMESMART REALTY GROUP

    (503) 510-5326

    171 Total Sales

    Nancy Rocha
    Section Image
  • LAURA ERICKSON Real Estate Agent - COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    Buyer's Agent in 2023

    LAURA ERICKSON

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 415-1328

    13 Total Sales

    LAURA ERICKSON
    Section Image

  • H

    Seller Co-Listing Agent in 2012

    HENRI LEMON

    HOMESMART REALTY GROUP

    Section Image
  • Steve Schmidt Real Estate Agent - LEGEND PROPERTIES

    Buyer's Agent in 2012

    Steve Schmidt

    LEGEND PROPERTIES

    (503) 559-0490

    11 Total Sales

    Steve Schmidt
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 805946

Willamette Valley MLS

APN: 548839

Oregon Marion County Salem 97317

5862 Lipscomb St 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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