NOT LISTED FOR SALE

651 Timber View St NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $107,603 - $610,000

0.17 Acre
$1,437,653 Price per Acre
7,405 Sq Ft Lot

Last Sold January 22, 2019

Last sale price $70,000

Est. 249% increase in value since last sale

Current estimated payment $1,387/month

44 Days on Market

About This Lot

As of January 2019

Low traffic, residential lot in area of new homes: Lowen Woods Lot 8. Custom architectural plans available for approx. 2,500 ++ sq ft home. See in associated documents.

Last Agent to Sell the Property

John Lee

LEE REAL ESTATE License #890100124 Listed on: 12/01/2018

Last Buyer's Agent

MAIKEL VAZQUEZ

MORE REALTY License #201223609

MORE REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $832

Lot Details

  • 7,405 Sq Ft Lot
  • Irregular Lot
  • Property is zoned RS

Property Views

  • Territorial Views

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8

Property Details

Property Type

Land

Est. Annual Taxes

$832

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Lot (Under 1 Acre)
  • Syndicated Remarks: Low traffic, residential lot in area of new homes: Lowen Woods Lot 8. Custom architectural plans available for approx. 2,500 ++ sq ft home. See in associated documents.
  • Cross Street: Margaret
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 411764.71

Exterior Features

  • View: Territorial
  • Access: Paved
  • Fenced: Partial

Utilities

  • Water: City
  • Cable TV: Available
  • Electricity: Available
  • High Speed Communications: Available
  • Natural Gas: Available
  • Sewer Available: Yes
  • Telephone: Available

Schools

  • Elementary School: Myers
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 0.17
  • Lot: 8
  • Lot Type: Irregular
  • Price Per Acre: 441176.47
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: 572164
  • Tax Amount: 832

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2018
Closed on
Jan 15, 2019
Sold by
Caito Anthony T and Caito Alicia M
Bought by
Ramirez Jose Angel and Mora Raael
Seller's Agent
John Lee
LEE REAL ESTATE
Buyer's Agent
MAIKEL VAZQUEZ
MORE REALTY
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Current Estimated Value
$244,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,401
Avg. Annual Appreciation
20.52%

Purchase Details

Listed on
Feb 13, 2015
Closed on
Jul 15, 2015
Sold by
Lowen Betty L
Bought by
The Caito Family Living Trust
Seller's Agent
Craig Whitney
GILL REALTY GROUP, LLC
List Price
$52,000
Sold Price
$49,900
Premium/Discount to List
-$2,100
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%
Original Mortgage
$39,920
Interest Rate
3.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ramirez Jose Angel $70,000 First American Title
The Caito Family Living Trust -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Caito Family Living Trust $39,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2019 01/22/19 Sold $70,000 -6.7% --
12/01/2018 12/01/18 For Sale $75,000 +50.3% --
07/15/2015 07/15/15 Sold $49,900 -4.0% --
07/01/2015 07/01/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $52,000 -- --
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 $1,097 $59,940 $59,940 --
2024 $1,097 $58,200 $58,200 --
2023 $1,065 $56,510 $56,510 $0
2022 $1,031 $54,870 $54,870 $0
2021 $1,002 $53,280 $53,280 $0
2020 $972 $51,730 $51,730 $0
2019 $938 $50,230 $50,230 $0
2018 $923 $48,770 $48,770 $0
2017 $832 $47,350 $47,350 $0
2016 $721 $41,200 $41,200 $0
2015 $611 $35,000 $35,000 $0
2014 -- $35,700 $35,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 742316

Willamette Valley MLS

APN: 572164