NOT LISTED FOR SALE

640 Rural Ave SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $311,000 - $336,000

2 Beds
1 Bath
830 Sq Ft
$393/Sq Ft Est. Value

Last Sold July 06, 2012

Last sale price $133,000 $160 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,979/month

81 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1-Story Property
  • Living Room with Fireplace
  • 1 Car Detached Garage
  • Landscaped

About This Home

As of July 2012

This home is located at 640 Rural Ave SE, Salem, OR 97302 since 16 April 2012 and is currently estimated at $325,882, approximately $392 per square foot. This property was built in 1930. 640 Rural Ave SE is a home located in Marion County with nearby schools including McKinley Elementary School, Leslie Middle School, and South Salem High School.

Last Agent to Sell the Property

Rhonda Laughlin

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #200402196 Listed on: 04/16/2012

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Last Buyer's Agent

Sandi Hunsaker

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #200405244

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,374

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Property is zoned RS

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 830 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Wood
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 12 / 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,374

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Gas, Range Included
  • Syndicated Remarks: Cream Puff in the heart of desirable Bush Park area. Totally updated home boasting a dream kitchen. Beautiful high end cabinets, frig, even has the look of cabinets too! Chef's style range & great farm house style sink. Bathroom feels like your at a spa. Beautiful wood floors, french doors off private deck area. This one won't last long!
  • Cross Street: Commercial
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Wood
  • Flooring: Carpet, Wood, Tile
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 2
  • Price Per Sq Ft: 160.24
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 162.65

Exterior Features

  • Patio: Deck
  • Exterior Color: Trendy Grn
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition, Metal Or Aluminum
  • Siding: Wood
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Electric, Wood
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • Homeowners Assn: Association With No Fee

Schools

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

Lot Info

  • Acres: 0.07
  • Estimated Lot Sq Ft: 3049
  • Flood Plain: Unknown
  • Lot: 12
  • Lot Type: Dimension Above
  • Price Per Acre: 1928571.43
  • Zoning: RS

Tax Info

  • Tax Years: 11-12
  • Tax Account Number: R87243
  • Tax Amount: 1374

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2012
Closed on
Jul 5, 2012
Sold by
Stevens Debra
Bought by
Smith Kayla N
Seller's Agent
Rhonda Laughlin
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Sandi Hunsaker
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$139,900
Sold Price
$133,000
Premium/Discount to List
-$6,900
-4.93%
Current Estimated Value
$325,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,882
Avg. Annual Appreciation
7.04%
Original Mortgage
$130,591
Interest Rate
3.74%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2008
Sold by
Brenner Terry J
Bought by
Stevens Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2001
Sold by
Kohl Melynda S and Selden Melynda
Bought by
Brenner Terry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,968
Interest Rate
6.57%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Smith Kayla N $133,000 Fidelity Natl Title Co Of Or
Stevens Debra $130,000 Fidelity Natl Title Co Of Or
Brenner Terry J $105,600 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kayla N $212,000
Closed Smith Kayla N $188,000
Closed Smith Kayla N $140,000
Closed Smith Kayla N $130,591
Previous Owner Stevens Debra $115,050
Previous Owner Stevens Debra $117,000
Previous Owner Brenner Terry J $103,968
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2012 07/06/12 Sold $133,000 -4.9% $160 / Sq Ft
07/06/2012 07/06/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $139,900 -- $169 / 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
2024 $2,603 $132,590 -- --
2023 $2,527 $128,730 $0 $0
2022 $2,382 $124,990 $0 $0
2021 $2,314 $121,350 $0 $0
2020 $2,247 $117,820 $0 $0
2019 $2,168 $114,390 $0 $0
2018 $2,206 $0 $0 $0
2017 $1,991 $0 $0 $0
2016 $1,897 $0 $0 $0
2015 $1,911 $0 $0 $0
2014 $1,849 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Laughlin

    Seller's Agent in 2012

    Rhonda Laughlin

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 851-1299

    2 in this area

    56 Total Sales

    Rhonda Laughlin
    Section Image
  • Sandi Hunsaker

    Buyer's Agent in 2012

    Sandi Hunsaker

    BHHS Oregon- Professionals

    (503) 881-5226

    1 in this area

    203 Total Sales

    Sandi Hunsaker
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 651250

Willamette Valley MLS

APN: 587243

Oregon Marion County Salem 97302 South Central

640 Rural Ave SE, Salem, OR

This home is located at 640 Rural Ave SE, Salem, OR 97302 since 16 April 2012 and is currently estimated at $325,882, approximately $392 per square foot. This property was built in 1930. 640 Rural Ave SE is a home located in Marion County with nearby schools including McKinley Elementary School, Leslie Middle School, and South Salem 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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