NOT LISTED FOR SALE

685 Welcome Way SE Salem, OR 97302

Faye Wright Neighborhood

Estimated Value: $566,000 - $602,000

3 Beds
2 Baths
2,324 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $320,000 $138 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,673/month

28 Days on Market

Highlights

  • Family Room with Fireplace
  • Fenced Yard
  • Patio
  • Wood Flooring
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of October 2016

Spacious home with lots of natural light coming through big windows. Sun room with skylights (with warranty)! Lots of privacy! Neighbors behind have a park-like setting that provides this beautiful back yard lots of privacy. Completely fenced back yard. Lots of storage space, work area behind garage space. Highly desirable neighborhood, great location near schools, stores, downtown. Great home for entertaining!

Last Agent to Sell the Property

Karolina Lemus

HOMESMART REALTY GROUP License #200508245 Listed on: 08/07/2016

HOMESMART REALTY GROUP

Last Buyer's Agent

Bridget Welborn

HOMESMART REALTY GROUP License #201207994

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,688

Year Built

  • Built in 1959

Lot Details

  • 0.28 Acre Lot
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,324 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Small rose bush near "For Sale" post (sentimental)
  • Legal Lot and Block 12 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,688

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: Spacious home with lots of natural light coming through big windows. Sun room with skylights (with warranty)! Lots of privacy! Neighbors behind have a park-like setting that provides this beautiful back yard lots of privacy. Completely fenced back yard. Lots of storage space, work area behind garage space. Highly desirable neighborhood, great location near schools, stores, downtown. Great home for entertaining!
  • Cross Street: Snow White Wy and Commercial
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Small rose bush near "For Sale" post (sentimental)
  • Fireplace: Living Room, Family Room, Wood, Gas
  • Negotiable Inclusions: Refrigerator
  • Flooring: Carpet, Wood, Laminate, Stone
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Price Per Sq Ft: 137.69
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 141.95

Exterior Features

  • Patio: Patio
  • Exterior Color: brick
  • Fenced Yard: Yes
  • Landscape: Yes
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Forced Air
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric, Gas

Schools

  • Elementary School: Faye Wright
  • Middle School: Judson
  • High School: Sprague

Lot Info

  • Acres: 0.275
  • Estimated Lot Sq Ft: 12000
  • Flood Plain: Unknown
  • Lot: 12
  • Price Per Acre: 1199636.36
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2015-2016
  • Tax Account Number: R65215
  • Tax Amount: 4688

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2016
Closed on
Oct 25, 2016
Sold by
Crowell Katharine G
Bought by
Nease Brian A and Nease Julie L
Seller's Agent
Karolina Lemus
HOMESMART REALTY GROUP
Buyer's Agent
Bridget Welborn
HOMESMART REALTY GROUP
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%
Current Estimated Value
$591,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,880
Avg. Annual Appreciation
7.07%
Original Mortgage
$272,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2011
Sold by
Crowell Carl D
Bought by
Crowell Katharine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2006
Sold by
Taylor Melissa M
Bought by
Crowell Carl D and Crowell Katharine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2003
Sold by
Briskey Donald W and Briskey Barbara J
Bought by
Taylor Larry G and Taylor Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,200
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Nease Brian A $320,000 Ticor Title Company Of Or
Crowell Katharine G -- None Available
Crowell Carl D $305,000 Fidelity Natl Title Co Of Or
Taylor Larry G $221,500 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nease Brian A $470,492
Closed Nease Brian $360,500
Closed Nease Brian A $272,000
Previous Owner Crowell Katharine G $185,400
Previous Owner Crowell Carl D $205,000
Previous Owner Taylor Melissa M $20,000
Previous Owner Taylor Melissa M $90,000
Previous Owner Taylor Larry G $177,200
Closed Taylor Larry G $44,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2016 10/26/16 Sold $320,000 -8.5% $138 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
08/07/2016 08/07/16 For Sale $349,900 -- $151 / 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 $6,388 $325,370 -- --
2023 $6,200 $315,900 $0 $0
2022 $5,846 $306,700 $0 $0
2021 $5,679 $297,770 $0 $0
2020 $5,513 $289,100 $0 $0
2019 $5,319 $280,680 $0 $0
2018 $5,413 $0 $0 $0
2017 $4,886 $0 $0 $0
2016 $4,654 $0 $0 $0
2015 $4,689 $0 $0 $0
2014 $4,538 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karolina Lemus

    Seller's Agent in 2016

    Karolina Lemus

    HOMESMART REALTY GROUP

    (971) 806-4061

    26 Total Sales

    Section Image
  • Bridget Welborn

    Buyer's Agent in 2016

    Bridget Welborn

    HOMESMART REALTY GROUP

    (503) 510-6580

    7 in this area

    165 Total Sales

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 708393

Willamette Valley MLS

APN: 565215

Oregon Marion County Salem 97302 Faye Wright

685 Welcome Way SE, Salem, OR

This home is located at 685 Welcome Way SE, Salem, OR 97302 since 07 August 2016 and is currently estimated at $588,621, approximately $253 per square foot. This property was built in 1959. 685 Welcome Way SE is a home located in Marion County with nearby schools including Wright Elementary School, Judson Middle School, and Sprague 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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