NOT LISTED FOR SALE

694 Cordon Rd SE Salem, OR 97317

Estimated Value: $882,000 - $892,679

4 Beds
3 Baths
3,702 Sq Ft
$240/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $762,500 $206 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,419/month

10 Days on Market

Highlights

  • RV Access or Parking
  • Family Room with Fireplace
  • Wood Flooring
  • Deck
  • Territorial View
  • Home Office

About This Home

As of November 2023

A large contemporary 3,700 sq ft home w/ 4 bedrooms & 3 baths & addt'l office & bonus room in a wooded setting on 5.42 acres w/ views to the pond. Consider possibilities for dual living. Additionally, there is a large 2,800 sq ft garage/shop (6 individual bays) to park vehicles, campers, boats & other toys. Enjoy the privacy in this natural setting, yet w/ the convenience & easy access to Salem, schools, shopping and I-5. Buyer to do their own due diligence with regards to all aspects of the property.

Last Agent to Sell the Property

Mikkel Jacobsen

WINDERMERE PACIFIC CREST REALTY License #200607112 Listed on: 10/22/2023

WINDERMERE PACIFIC CREST REALTY

Last Buyer's Agent

Jordan HILL

EXP REALTY, LLC License #201226273

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,719

Year Built

  • Built in 1978

Lot Details

  • 5.42 Acre Lot
  • Landscaped
  • Irregular Lot
  • Property is zoned SA

Home Design

  • Split Foyer
  • Tri-Level Property
  • Slab Foundation
  • Tile Roof
  • Vinyl Siding

Interior Spaces

  • 3,702 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Lower Floor Utility Room
  • Territorial Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • <<builtInRangeToken>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Mary Eyre Elementary School
  • Houck Middle School
  • South Salem High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • Wagon Road Estates Subdivision

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,719

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 3 Tri-Level, Split Entry
  • Dual Living: Possible
  • Range Facility: Electric, Built-In
  • Syndicated Remarks: A large contemporary 3,700 sq ft home w/ 4 bedrooms & 3 baths & addt'l office & bonus room in a wooded setting on 5.42 acres w/ views to the pond. Consider possibilities for dual living. Additionally, there is a large 2,800 sq ft garage/shop (6 individual bays) to park vehicles, campers, boats & other toys. Enjoy the privacy in this natural setting, yet w/ the convenience & easy access to Salem, schools, shopping and I-5. Buyer to do their own due diligence with regards to all aspects of the property.
  • Cross Street: Opposite Wagon Wheel Dr
  • Year Built: 1978
  • Home Style2: 3 Tri-Level, Split Entry
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Dishwasher: Yes
  • Fireplace: Living Room, Family Room
  • Flooring: Carpet, Wood, Laminate
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 14 X 18, On Level: 2/Upper
  • Bedroom 2: Dimensions: 10 X 12, On Level: 2/Upper
  • Bedroom 3: Dimensions: 10 X 12, On Level: 2/Upper
  • Bedroom 4: Dimensions: 10 X 15, On Level: Lower/Basement
  • Additional Room: On Level: Lower/Basement
  • Basement: Daylight, Finished
  • Dining Room: 2/Upper, Dimensions: 11 X 13, On Level: 2/Upper
  • Family Room: Dimensions: 19 X 24, On Level: Lower/Basement
  • Living Room: Dimensions: 15 X 16, On Level: 2/Upper
  • Kitchen: Dimensions: 12 X 18, On Level: 2/Upper
  • Utility Room Level: Lower/Basement
  • Bonus Rooms: Office
  • Price Per Sq Ft: 205.97
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 215.83

Exterior Features

  • Patio: Covered Patio, Deck
  • Exterior Color: Blue
  • Foundation: Slab
  • Landscape: Yes
  • Roof: Tile
  • Siding: Vinyl
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric, Heat Pump, Forced Air
  • Septic: Standard
  • Water: Well
  • Water Heater: Electric
  • Water Rights: Unknown

Schools

  • Elementary School: Mary Eyre
  • Middle School: Houck
  • High School: South Salem

Lot Info

  • Acres: 5.42
  • Lot: 5
  • Lot Type: Irregular
  • Price Per Acre: 147416.97
  • Rv Amenities: Area/Room For
  • Zoning: SA
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2022
  • Tax Account Number: 562895
  • Tax Amount: 5719

MLS Schools

  • HighSchool: South Salem
  • Middle School: Houck
  • Elementary School: Mary Eyre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2023
Closed on
Nov 2, 2023
Sold by
Burres Kim
Bought by
Lopez Dejesus Francisco and Lopez Jaylene Gookin
Seller's Agent
Mikkel Jacobsen
WINDERMERE PACIFIC CREST REALTY
Buyer's Agent
Jordan HILL
EXP REALTY, LLC
List Price
$799,000
Sold Price
$762,500
Premium/Discount to List
-$36,500
-4.57%
Views
31
Current Estimated Value
$887,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,840
Avg. Annual Appreciation
9.88%
Original Mortgage
$610,000
Outstanding Balance
$602,108
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$285,232

Purchase Details

Closed on
Feb 21, 2018
Sold by
Burres Kim
Bought by
Burres Kim
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
Lopez Dejesus Francisco $762,500 First American Title
Burres Kim -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Dejesus Francisco $610,000
Previous Owner Stewart Charles Terry $52,055
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $762,500 -4.6% $206 / Sq Ft
10/22/2023 10/22/23 For Sale $799,000 -- $216 / 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 $6,210 $428,600 -- --
2023 $5,891 $416,120 $0 $0
2022 $5,547 $404,000 $0 $0
2021 $5,496 $392,240 $0 $0
2020 $5,120 $380,820 $0 $0
2019 $5,180 $369,730 $0 $0
2018 $5,265 $0 $0 $0
2017 $4,670 $0 $0 $0
2016 $4,468 $0 $0 $0
2015 $4,422 $0 $0 $0
2014 $4,232 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 810687

Willamette Valley MLS

APN: 562895