NOT LISTED FOR SALE

693 Melba Ln SE Salem, OR 97317

Estimated Value: $1,292,000 - $1,293,415

4 Beds
2.5 Baths
4,800 Sq Ft
$269/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $915,000 $191 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,705/month

11 Days on Market

Highlights

  • Seasonal Waterfront
  • Home fronts a creek
  • View of Trees or Woods
  • Home Theater
  • RV Access or Parking
  • Contemporary Architecture

About This Home

As of June 2020

You won't find a more beautiful setting for a home. Impeccably maintained home and grounds is your first impression. Fit and finish is second to none from the soaring vaults down to the 7" plank floors. Granite,Tile and a fireplace to die for are just a few features. Large covered deck with wood ceiling detail and can lights overlook the park like grounds and pond. Huge master suite feels like a treehouse. Walkout daylight basement has room to roam and boasts a state of the art theater room.Shop

Last Agent to Sell the Property

Brian McVay

HomeSmart Realty Group License #980100002 Listed on: 04/23/2020

HomeSmart Realty Group

Last Buyer's Agent

Nicole Shuba

Manor Realty License #200508130

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,555

Year Built

  • Built in 2016

Lot Details

  • 2.01 Acre Lot
  • Home fronts a creek
  • Seasonal Waterfront
  • Corner Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Private Yard
  • Property is zoned AR

Parking

  • 3 Car Attached Garage
  • Garage on Main Level
  • Workshop in Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Property Views

  • Pond
  • Woods
  • Territorial

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Stem Wall Foundation
  • Composition Roof
  • Board and Batten Siding
  • Wood Siding
  • Lap Siding
  • Shingle Siding
  • Cement Siding

Interior Spaces

  • 4,800 Sq Ft Home
  • 2-Story Property
  • Wainscoting
  • High Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Heatilator
  • Gas Fireplace
  • Natural Light
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Home Theater
  • Bonus Room
  • First Floor Utility Room
  • Storage Room

Kitchen

  • Convection Oven
  • Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub
  • Walk-in Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility
  • Accessible Entrance
  • Accessible Parking

Eco-Friendly Details

  • Watersense Fixture

Outdoor Features

  • Pond
  • Covered Deck
  • Covered Patio or Porch
  • Outbuilding

Schools

  • Eyre Elementary School
  • Houck Middle School
  • North Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Water Source
  • Well
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 337665

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,555

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2016
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, NWContemporary
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: AccessibleEntrance, GarageonMain, GroundLevel, MainFloorBedroomBath, NaturalLighting, OneLevel, Parking, UtilityRoomOnMain, WalkinShower
  • Total Bathrooms: 2.1
  • Fireplaces: 3
  • Interior Amenities: CeilingFan, EngineeredHardwood, GarageDoorOpener, Granite, HardwoodFloors, Heatilator, HighCeilings, HighSpeedInternet, HomeTheater, SoakingTub, TileFloor, Wainscoting
  • Room 4 Description: BonusRoom
  • Room 4 Level: Lower
  • Room 5 Description: MediaRoom
  • Room 5 Level: Lower
  • Room 6 Description: Storage
  • Room 6 Level: Lower
  • Basement: Daylight, Finished, FullBasement
  • Window Features: VinylFrames
  • Appliances: ConvectionOven, Cooktop, Dishwasher, Disposal, FreeStandingRefrigerator, Granite, Island, Pantry, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, WoodBurning
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres1to3
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Lower
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Lower
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: BoardBattenSiding,CementSiding,LapSiding,ShingleSiding,WoodSiding
  • Exterior Features: CoveredDeck, CoveredPatio, Outbuilding, RVBoatStorage, Sprinkler, WaterSenseIrrigation, Workshop, Yard
  • Lot Size: 1 to 2.99 Acres
  • Waterfront: Yes
  • Foundation Details: Slab, StemWall
  • R V Description: RVBoatStorage
  • View: Yes
  • Lot Features: CornerLot, GentleSloping, Pond, Trees
  • Road Surface Type: Paved
  • Water Body Name: Pond
  • Waterfront Features: Creek, Seasonal
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Pond,Territorial,TreesWoods

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, RVAccessParking
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity,Recirculating
  • Internet Service Type: Cable
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Eyre
  • High School: North Salem
  • Middle Or Junior School: Houck

Lot Info

  • Zoning: AR
  • Lot Size Acres: 2.01
  • Lot Size Sq Ft: 87555.0
  • Parcel #: 337665

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 7554.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Jun 24, 2020
Sold by
Taylor Michael
Bought by
Schmunk Jillian C and Schmunk Nathan W
Seller's Agent
Brian McVay
HomeSmart Realty Group
Buyer's Agent
Nicole Shuba
Manor Realty
List Price
$945,000
Sold Price
$915,000
Premium/Discount to List
-$30,000
-3.17%
Current Estimated Value
$1,275,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,548
Avg. Annual Appreciation
6.78%
Original Mortgage
$732,000
Outstanding Balance
$657,394
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$623,606

Purchase Details

Listed on
May 18, 2015
Closed on
Aug 11, 2015
Sold by
Green Tree Llc
Bought by
Taylor Michael
Seller's Agent
Gladys Blum
Blum Real Estate
Buyer's Agent
Gladys Blum
Blum Real Estate
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.49%

Purchase Details

Closed on
Sep 16, 2009
Sold by
Anderson Homes Inc
Bought by
Green Tree Llc

Purchase Details

Closed on
Dec 13, 2005
Sold by
Sage Sg Inc
Bought by
Anderson Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.36%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Schmunk Jillian C $915,000 Amerititle
Taylor Michael $125,000 Amerititle
Green Tree Llc -- Amerititle
Anderson Homes Inc $215,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmunk Jillian C $732,000
Previous Owner Anderson Homes Inc $169,500
Previous Owner Anderson Homes Inc $161,250
Previous Owner Anderson Homes Inc $25,000
Previous Owner Anderson Homes Inc $193,845
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $915,000 -3.2% $191 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $945,000 +656.0% $197 / Sq Ft
08/12/2015 08/12/15 Sold $125,000 0.0% --
07/15/2015 07/15/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $125,000 -- --
Source: Regional Multiple Listing Service (RMLS)

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 $9,057 $625,060 -- --
2023 $8,591 $606,860 $0 $0
2022 $8,090 $589,190 $0 $0
2021 $8,015 $572,030 $0 $0
2020 $7,467 $555,370 $0 $0
2019 $7,555 $539,200 $0 $0
2018 $7,001 $0 $0 $0
2017 $6,004 $0 $0 $0
2016 $1,801 $0 $0 $0
2015 $1,759 $0 $0 $0
2014 $1,706 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20008956

Regional Multiple Listing Service (RMLS)

APN: 337665