NOT LISTED FOR SALE

5885 Merrill Ln Salem, OR 97304

Estimated Value: $1,736,000 - $2,185,961

5 Beds
5 Baths
5,863 Sq Ft
$337/Sq Ft Est. Value

About This Home

This home is located at 5885 Merrill Ln, Salem, OR 97304 and is currently estimated at $1,973,654, approximately $336 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
$1,973,654

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
$1,026,004

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
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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

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