Estimated Value: $1,742,000 - $2,253,688
5
Beds
5
Baths
5,863
Sq Ft
$341/Sq Ft
Est. Value
About This Home
This home is located at 5885 Merrill Ln, Salem, OR 97304 and is currently estimated at $1,996,896, approximately $340 per square foot. 5885 Merrill Ln is a home located in Polk County with nearby schools including Independence Elementary School, Talmadge Middle School, and Central High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 6, 2020
Sold by
Boone Dog Investments Llc
Bought by
Zhen Bruce and Zhen Tiffany
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Outstanding Balance
$947,650
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$1,049,246
Purchase Details
Closed on
Jul 22, 2015
Sold by
Boone Dog Investments Llc
Bought by
Sheeley Donald W and Boone Debra S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.01%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 30, 2014
Sold by
Union Bank Na
Bought by
Boone Dog Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 25, 2013
Sold by
Granview Homes Inc
Bought by
Fdic
Purchase Details
Closed on
Apr 27, 2007
Sold by
Indepth Construction Inc
Bought by
Grandview Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhen Bruce | $1,350,000 | Ticor Title Company Of Or | |
| Boone Dog Investments Llc | -- | Ticor Title Company Of Or | |
| Sheeley Donald W | -- | Ticor Title | |
| Boone Dog Investments Llc | $759,500 | Ticor Title | |
| Fdic | $706,800 | Fidelity Natl Title Of Or | |
| Grandview Homes Inc | $200,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhen Bruce | $1,080,000 | |
| Previous Owner | Sheeley Donald W | $375,000 | |
| Previous Owner | Boone Dog Investments Llc | $492,000 | |
| Previous Owner | Grandview Homes Inc | $150,000 |
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 | $15,201 | $1,236,300 | $181,800 | $1,054,500 |
| 2024 | $15,201 | $1,200,300 | $176,510 | $1,023,790 |
| 2023 | $16,843 | $1,165,340 | $171,360 | $993,980 |
| 2022 | $14,832 | $1,131,400 | $166,370 | $965,030 |
| 2021 | $13,782 | $1,098,450 | $161,520 | $936,930 |
| 2020 | $13,321 | $1,066,460 | $156,820 | $909,640 |
| 2019 | $12,955 | $1,035,400 | $152,250 | $883,150 |
| 2018 | $12,591 | $1,005,250 | $147,820 | $857,430 |
| 2017 | $12,621 | $975,980 | $143,510 | $832,470 |
| 2016 | $12,461 | $947,560 | $139,320 | $808,240 |
Source: Public Records
Map
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