NOT LISTED FOR SALE

5862 Lipscomb St SE Salem, OR 97317

Estimated Value: $894,700 - $950,000

2.43 Acres
$379,568 Price per Acre
105,851 Sq Ft Lot

Last Sold May 07, 2015

Last sale price $146,747

Est. 529% increase in value since last sale

Current estimated payment $5,254/month

173 Days on Market

About This Lot

As of May 2015

Nice small acreage in established Green Hills East. Owner currently in process of installing a well. Will be completed by COE.

Last Agent to Sell the Property

Steve Schmidt

LEGEND PROPERTIES License #780303221 Listed on: 08/13/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,599

Lot Details

  • 2.43 Acre Lot
  • Property is zoned AR

Additional Features

  • Territorial Views
  • Phone Available

Community Details

  • P.P. 2013 052 Parcel 2 Subdivision

Listing and Financial Details

  • Tax Lot 2

Property Details

Property Type

Land

Est. Annual Taxes

$4,599

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: Nice small acreage in established Green Hills East. Owner currently in process of installing a well. Will be completed by COE.
  • Cross Street: Gath Rd
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 60389.71
  • Price Per Sq Ft: 1.46

Exterior Features

  • View: Territorial
  • Access: County Road, Paved
  • Fenced: Partial

Utilities

  • Water: Possible
  • Electricity: Available
  • High Speed Communications: Unknown
  • Natural Gas: Available
  • Telephone: Available

Schools

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

Lot Info

  • Acres: 2.43
  • Estimated Lot Dimensions: Irreg
  • Estimated Lot Sq Ft: 105850
  • Flood Plain: Unknown
  • Lot: 2
  • Lot Type: Dimension Above
  • Price Per Acre: 63786.01
  • Zoning: AR
  • Approved for Manufactured Home: Unknown
  • Corners: To Be Flagged
  • Surveyed: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R351368
  • Tax Account Number: R351368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2023
Sold by
Lucas Paige Elise
Bought by
Tesch James Richard and Tesch Sarah Diane
Current Estimated Value
$922,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$708,203
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$227,806

Purchase Details

Closed on
Nov 27, 2018
Sold by
Ecbc Investments Llc
Bought by
Lucas Paige Elise

Purchase Details

Closed on
May 31, 2017
Sold by
Carpenter Ernie L and Carpenter Barbara R
Bought by
Ecbc Investments Llc

Purchase Details

Closed on
Jan 10, 2014
Sold by
Carpenter Ernie L and Carpenter Barbara R
Bought by
E & B Carpenter Living Trust

Purchase Details

Closed on
Oct 18, 2012
Sold by
Goettsch Tracy D and Goettsch Tamra L
Bought by
Carpenter Ernie L and Carpenter Barbara R

Purchase Details

Closed on
Nov 12, 1999
Sold by
Hunt Stephen J and Gross Hunt Sandra J
Bought by
Goettsch Tracy D and Goettsch Tamra L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lucas Paige Elise $220,000 Amerititle
Ecbc Investments Llc -- Amerititle
E & B Carpenter Living Trust -- None Available
Carpenter Ernie L $260,000 First American
Goettsch Tracy D $413,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goettsch Tracy D $504,675
Previous Owner Goettsch Tracy D $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2015 05/07/15 Sold $146,747 -5.3% --
02/02/2015 02/02/15 Pending -- -- --
08/13/2014 08/13/14 For Sale $155,000 -- --
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 $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

  • Steve Schmidt

    Seller's Agent in 2015

    Steve Schmidt

    LEGEND PROPERTIES

    (503) 559-0490

    9 Total Sales

    Steve Schmidt
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Map

Source: Willamette Valley MLS

MLS Number: 680940

Willamette Valley MLS

APN: 548839

Oregon Marion County Salem 97317

5862 Lipscomb St SE, Salem, OR

This home is located at 5862 Lipscomb St SE, Salem, OR 97317 since 13 August 2014 and is currently estimated at $922,350. 5862 Lipscomb St SE is a home located in Marion County with nearby schools including Cascade Junior High School and Cascade Senior High School.

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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