NOT LISTED FOR SALE

705 Ratcliff Dr SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $432,000 - $476,000

5 Beds
2 Baths
1,897 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $186,500 $98 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,668/month

Highlights

  • 0.44 Acre Lot
  • Partially Fenced Property
  • 2-minute walk to Clark Creek Park
  • 1 Car Detached Garage
  • Carpet

About This Home

As of August 2015

This home is located at 705 Ratcliff Dr SE, Salem, OR 97302 since 19 May 2015 and is currently estimated at $456,490, approximately $240 per square foot. This property was built in 1920. 705 Ratcliff Dr SE is a home located in Marion County with nearby schools including McKinley Elementary School, Leslie Middle School, and South Salem High School.

Last Agent to Sell the Property

Don Paterson

HOMESMART REALTY GROUP License #860500017 Listed on: 05/19/2015

HOMESMART REALTY GROUP

Last Buyer's Agent

Don Paterson

HOMESMART REALTY GROUP License #860500017 Listed on: 05/19/2015

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,139

Year Built

  • Built in 1920

Lot Details

  • 0.44 Acre Lot
  • Partially Fenced Property

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 1,897 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Tax Lot R5

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,139

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Source Of Sq Ft: County

Exterior Features

  • Fenced Yard: Partial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Lot Info

  • Acres: 0.44
  • Estimated Lot Sq Ft: 19166
  • Lot: R5
  • Geo Subdivision: OR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2019
Sold by
Sardinha Lisa M and Sardinha Brian T
Bought by
Sardinha Brian T and Sardinha Lisa M
Current Estimated Value
$456,490

Purchase Details

Listed on
May 19, 2015
Closed on
Aug 19, 2015
Sold by
Bennett Ross E and Bennett June E
Bought by
Sardinha Lisa M and Sardinha Brian T
Seller's Agent
Don Paterson
HOMESMART REALTY GROUP
Buyer's Agent
Don Paterson
HOMESMART REALTY GROUP
List Price
$182,000
Sold Price
$186,500
Premium/Discount to List
$4,500
2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$192,654
Outstanding Balance
$150,795
Interest Rate
3.97%
Mortgage Type
VA
Estimated Equity
$305,695

Purchase Details

Closed on
May 26, 2010
Sold by
Federal National Mortgage Association
Bought by
Bennett Ross E and Bennett June E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,255
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2006
Sold by
Richardson Charles N and Richardson Amy E
Bought by
Willis Hilary Starr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,900
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2005
Sold by
Miles Lawrence E and Miles Barbara D
Bought by
Richardson Charles N and Richardson Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sardinha Brian T -- None Available
Sardinha Lisa M $186,500 Fidelity Natl Title Co Of Or
Bennett Ross E $172,900 Amerititle
Willis Hilary Starr $196,900 Fidelity Natl Title Co Of Or
Richardson Charles N $158,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sardinha Lisa M $192,654
Previous Owner Bennett Ross E $164,255
Previous Owner Willis Hilary Starr $196,900
Previous Owner Richardson Charles N $126,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2015 08/21/15 Sold $186,500 +2.5% $98 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $182,000 -- $96 / 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
2025 $3,139 $164,670 -- --
2024 $3,139 $159,880 -- --
2023 $3,047 $155,230 $0 $0
2022 $2,873 $150,710 $0 $0
2021 $2,791 $146,330 $0 $0
2020 $2,709 $142,070 $0 $0
2019 $2,614 $137,940 $0 $0
2018 $2,772 $0 $0 $0
2017 $2,502 $0 $0 $0
2016 $2,383 $0 $0 $0
2015 $2,401 $0 $0 $0
2014 $2,323 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Don Paterson

    HOMESMART REALTY GROUP

    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 694984

Willamette Valley MLS

APN: 591243

Oregon Marion County Salem 97302 South Central

705 Ratcliff Dr SE, Salem, OR

Not Listed for Sale

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

Nearby Homes