NOT LISTED FOR SALE

6840 State St Salem, OR 97317

Salem Area

Estimated Value: $890,555

3 Beds
3 Baths
1,756 Sq Ft
$507/Sq Ft Est. Value

Sale Details

Date Sold: January 4, 2021

Last sale price $700,000 $399 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,333 / mo

44 Days on Market

Highlights

  • Additional Residence on Property
  • Covered Arena
  • Wood Flooring
  • Barn
  • RV Access or Parking
  • 1 Fireplace

About This Home

As of January 2021

Equestrian Facility with indoor arena and 33 stalls conveniently located 5 minutes east of Lancaster Drive, Salem. View the front pasture from this adorable farmhouse with hardwood floors and fireplace with oak mantle, vinyl windows, AC, and fenced yard with RV pad. Room for your trainer in the permitted manufactured home located on the property. Water rights for 9.8 acres. Great potential for board income.

Last Agent to Sell the Property

Peggy Kernan

Wild Horse Real Estate License #200402105 Listed on: 07/28/2020

Last Buyer's Agent

Miguel Serrano

Miguel Serrano Real Estate License #960200182

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Cross Fenced
  • Level Lot
  • Property is zoned EFU

Home Design

  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Vinyl Clad Windows
  • First Floor Utility Room
  • Laundry Room
  • Crawl Space
  • Property Views

Flooring

  • Wood
  • Tile

Parking

  • Off-Street Parking
  • RV Access or Parking

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Horse Facilities and Amenities

  • Corral
  • Covered Arena
  • Arena

Utilities

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

Additional Features

  • Additional Residence on Property
  • Barn

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

10 Acres

Listing Details

  • Status: Sold
  • Standard Status: Closed
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Craftsman, 1 Story
  • Sq Ft Calculated: 1756
  • Sq Ft Approximate Total: 1756
  • Accessibility: Yes
  • Stories: 1
  • Warranty: Home Warranty
  • Warranty Available: Yes
  • Year Built: 1948
  • Property Condition: Resale
  • New Construction Supplement: No
  • Additional Structure Other Types: Mobile Home, Stable(s), Storage, Covered Arena
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: One Level, Utility Room On Main
  • Additional Rooms: Laundry
  • Main Level Bathrooms: 2.1
  • Total Bathrooms: 2.1
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry, Tile Floor, High Speed Internet
  • Kitchen Appliances: Dishwasher, Island, Free-Standing Range, Free-Standing Refrigerator
  • Legal Description: ACRES 10, MS X# X00093919, HOME ID 174547
  • Sq Ft Main Level: 1756
  • Bedrooms: 3
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: Laundry,On Level: Main
  • Bathrooms Main Level Full: 2
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3
  • Window Features: Vinyl Frames

Exterior Features

  • Exterior Description: Cedar, Aluminum
  • Exterior Features: Arena, Barn(s), Fenced, Cross Fenced, Second Residence, Corral(s), Public Road, Covered Arena
  • Lot Size: 10-19.99AC
  • Roof Type: Composition
  • View: Territorial
  • Foundation Details: Concrete Perimeter
  • Additional Structure Bathrooms Total: 1.00
  • Additional Structure Bedrooms Total: 2
  • Additional Structure Construction Types: Pole, Wood Frame, Metal Frame, Metal Siding
  • Additional Structure Feature Types: Storage, Concrete Floor, Tack Room
  • Additional Structure Roof Types: Metal
  • R V Description: RV Parking
  • View: Yes
  • Additional Structure Supplement: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Off Street

Utilities

  • Fuel Description: Propane
  • Hot Water: Electricity
  • Sewer: Septic Tank
  • Water Description: Well
  • Cooling Description: Heat Pump
  • Heating Description: Forced Air
  • Internet Service Type: DSL

Association/Amenities

  • Amenities Supplement: Yes

Lot Info

  • Lot Description: Level
  • Acres: 10.00
  • Zoning: EFU
  • Farm Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 2926.33
  • Assessor Parcel Number: R24641
  • Assessor Parcel Number 2: M125220
  • Tax Year: 2019

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Miller
  • High School: North Salem
  • Middle School: Houck

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Jan 4, 2021
Sold by
Quesnel Susan J
Bought by
Seller's Agent
Peggy Kernan
Wild Horse Real Estate
Buyer's Agent
Miguel Serrano
Miguel Serrano Real Estate
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Current Estimated Value
$890,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,555
Avg. Annual Appreciation
4.29%
Original Mortgage
$498,000
Outstanding Balance
$433,041
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$457,514
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$700,000 First American
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $498,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/04/2021 01/04/21 Sold $700,000 0.0% $399 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/11/2020 08/11/20 Off Market $700,000 -- --
07/28/2020 07/28/20 For Sale $699,000 -0.1% $398 / Sq Ft
07/28/2020 07/28/20 Off Market $700,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,206 $227,674
2024 $3,206 $221,286
2023 $3,045 $215,082 $0 $0
2022 $2,877 $209,521 $0 $0
2021 $2,888 $206,130 $0 $0
2020 $2,777 $200,370 $0 $0
2019 $2,814 $194,780 $0 $0
2018 $2,772 $0 $0 $0
2017 $2,466 $0 $0 $0
2016 $2,328 $0 $0 $0
2015 $2,369 $0 $0 $0
2014 $2,280 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20175591

Regional Multiple Listing Service (RMLS)

APN: 524641

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