NOT LISTED FOR SALE

594 Melas Way SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $438,000 - $481,000

3 Beds
2 Baths
1,768 Sq Ft
$261/Sq Ft Est. Value

About This Home

This home is located at 594 Melas Way SE, Salem, OR 97306 and is currently estimated at $461,917, approximately $261 per square foot. 594 Melas Way SE is a home located in Marion County with nearby schools including Sumpter Elementary School, Crossler Middle School, and Sprague High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2024
Sold by
Bingham Crystal Marie and Teters Chad Neil
Bought by
Cuffe Patricia Ann
Current Estimated Value
$461,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$362,701
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$99,216

Purchase Details

Closed on
Sep 16, 2010
Sold by
Us Bank National Association
Bought by
Teters Chad Neil and Bingham Crystal Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,270
Interest Rate
4.35%
Mortgage Type
VA

Purchase Details

Closed on
Jun 1, 2010
Sold by
Rudell Amy M and Ruddell Cameron P
Bought by
Us Bank National Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Cuffe Patricia Ann $460,000 First American Title
Teters Chad Neil $190,000 Fatco
Us Bank National Association $241,000 F A T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuffe Patricia Ann $368,000
Previous Owner Teters Chad Neil $196,270
Source: Public Records

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 $5,262 $267,980 -- --
2023 $5,107 $260,180 $0 $0
2022 $4,815 $252,610 $0 $0
2021 $4,677 $245,260 $0 $0
2020 $4,541 $238,120 $0 $0
2019 $4,381 $231,190 $0 $0
2018 $4,459 $0 $0 $0
2017 $4,025 $0 $0 $0
2016 $3,833 $0 $0 $0
2015 $3,862 $0 $0 $0
2014 $3,738 $0 $0 $0
Source: Public Records

Map

Oregon Marion County Salem 97306 South Gateway

594 Melas Way SE, Salem, OR

This home is located at 594 Melas Way SE, Salem, OR 97306 and is currently estimated at $461,917, approximately $261 per square foot. 594 Melas Way SE is a home located in Marion County with nearby schools including Sumpter Elementary School, Crossler Middle School, and Sprague High School.

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