NOT LISTED FOR SALE

605 Ratcliff Dr SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $498,718 - $518,000

3 Beds
2 Baths
2,380 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $460,000 $193 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,082/month

139 Days on Market

Highlights

  • Active Adult
  • Living Room with Fireplace
  • Fenced Yard
  • Deck
  • Main Floor Bedroom
  • 4-minute walk to Clark Creek Park

About This Home

As of November 2023

Beautiful South Salem home with lot of space. Newer floorings, fresh interior paint, Central AC. Extended driveway for extra parking, large deck for outdoor entertainment. Good size lot with fully fenced back yard. Convenient location, close to shopping, restaurants, public transportation. Home is move in ready.

Last Agent to Sell the Property

Nathan Wu

HOMESMART REALTY GROUP License #201213984 Listed on: 04/19/2023

HOMESMART REALTY GROUP

Last Buyer's Agent

CHRISTOPHER AGUIAR

DESTYON REAL ESTATE License #200709092

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,648

Year Built

  • Built in 1941

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced Yard
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Second Floor Utility Room
  • Finished Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Mckinley Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Active Adult
  • Smith Fruit Farms Subdivision

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,648

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Senior Community: Yes
  • Range Facility: Range Included
  • Syndicated Remarks: Beautiful South Salem home with lot of space. Newer floorings, fresh interior paint, Central AC. Extended driveway for extra parking, large deck for outdoor entertainment. Good size lot with fully fenced back yard. Convenient location, close to shopping, restaurants, public transportation. Home is move in ready.
  • Year Built: 1941
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Additional Room: On Level: 2/Upper
  • Basement: Finished
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 2/Upper
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Deck
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Roof: Composition
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Gas

Lot Info

  • Acres: 0.23
  • Lot: 3
  • Underground Sprinklers: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2022
  • Tax Amount: 4648

MLS Schools

  • HighSchool: South Salem
  • Middle School: Leslie
  • Elementary School: McKinley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Nov 27, 2023
Sold by
Du Wenqing and Tang Xingqun
Bought by
Keeler Danielle and Montoya Raymond
Seller's Agent
Nathan Wu
HOMESMART REALTY GROUP
Buyer's Agent
CHRISTOPHER AGUIAR
DESTYON REAL ESTATE
List Price
$479,900
Sold Price
$460,000
Premium/Discount to List
-$19,900
-4.15%
Views
126
Current Estimated Value
$506,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,930
Avg. Annual Appreciation
5.03%
Original Mortgage
$451,668
Outstanding Balance
$443,607
Interest Rate
7.63%
Mortgage Type
FHA
Estimated Equity
$63,323

Purchase Details

Listed on
Jul 11, 2019
Closed on
Sep 24, 2019
Sold by
Rivers David and Rivers Andrea
Bought by
Du Wenqing and Tan Xingqun
Seller's Agent
ERIN GARIBAY
HOMESMART REALTY GROUP
Buyer's Agent
Crystal Qian Hu
EXP REALTY, LLC
List Price
$355,000
Sold Price
$318,000
Premium/Discount to List
-$37,000
-10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$227,740
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2017
Closed on
Jun 13, 2017
Sold by
Light Brian C Turi and Light William R
Bought by
Rivers David and Rivers Andrea
Seller's Agent
Roy Esquivel
HOMESMART REALTY GROUP
Buyer's Agent
ERIN GARIBAY
HOMESMART REALTY GROUP
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$266,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2002
Sold by
Hafferkamp Karl K
Bought by
Light Brian C Turi and Light William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,750
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Keeler Danielle $460,000 Fidelity National Title
Du Wenqing $318,000 First American
Rivers David $280,000 First American
Light Brian C Turi $157,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keeler Danielle $451,668
Previous Owner Du Wenqing $227,740
Previous Owner Rivers David $266,000
Previous Owner Light Brian C Turi $152,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2023 11/29/23 Sold $460,000 +1.1% $193 / Sq Ft
08/28/2023 08/28/23 Price Changed $454,800 -4.2% $191 / Sq Ft
06/15/2023 06/15/23 Price Changed $474,800 -1.1% $199 / Sq Ft
04/21/2023 04/21/23 For Sale $479,900 +50.9% $202 / Sq Ft
09/26/2019 09/26/19 Sold $318,000 -5.1% $134 / Sq Ft View Prior Sale
07/26/2019 07/26/19 Price Changed $335,000 -2.9% $141 / Sq Ft
07/18/2019 07/18/19 Price Changed $345,000 -2.8% $145 / Sq Ft
07/11/2019 07/11/19 For Sale $355,000 +26.8% $149 / Sq Ft
07/21/2017 07/21/17 Sold $280,000 0.0% $118 / Sq Ft View Prior Sale
05/26/2017 05/26/17 For Sale $280,000 -- $118 / Sq Ft
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
2025 $4,927 $258,440 -- --
2024 $4,927 $250,920 -- --
2023 $4,782 $243,620 $0 $0
2022 $4,508 $236,530 $0 $0
2021 $4,380 $229,650 $0 $0
2020 $4,252 $222,970 $0 $0
2019 $4,103 $216,480 $0 $0
2018 $4,175 $0 $0 $0
2017 $3,768 $0 $0 $0
2016 $3,589 $0 $0 $0
2015 $3,616 $0 $0 $0
2014 $3,500 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nathan Wu

    Seller's Agent in 2023

    Nathan Wu

    HOMESMART REALTY GROUP

    (503) 851-0718

    1 in this area

    90 Total Sales

    Nathan Wu
    Section Image

  • C

    Buyer's Agent in 2023

    CHRISTOPHER AGUIAR

    DESTYON REAL ESTATE

    (503) 910-3724

    1 in this area

    6 Total Sales

    CHRISTOPHER AGUIAR
    Section Image
  • ERIN GARIBAY

    Seller's Agent in 2019

    ERIN GARIBAY

    HOMESMART REALTY GROUP

    (503) 871-2672

    1 in this area

    79 Total Sales

    ERIN GARIBAY
    Section Image
  • Crystal Qian Hu

    Buyer's Agent in 2019

    Crystal Qian Hu

    EXP REALTY, LLC

    (971) 388-0511

    1 in this area

    120 Total Sales

    Crystal Qian Hu
    Section Image

  • R

    Seller's Agent in 2017

    Roy Esquivel

    HOMESMART REALTY GROUP

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 803942

Willamette Valley MLS

APN: 591228

Oregon Marion County Salem 97302 South Central

605 Ratcliff Dr SE, Salem, OR

Not Listed for Sale

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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