NOT LISTED FOR SALE

7166 Portland Rd NE Salem, OR 97305

Estimated Value: $1,215,000 - $1,271,696

3 Beds
2 Baths
2,198 Sq Ft
$566/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $1,150,000 $523 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,930/month

309 Days on Market

Highlights

  • 47.21 Acre Lot
  • Family Room with Fireplace
  • 1 Car Attached Garage
  • Deck
  • Main Floor Primary Bedroom
  • Partially Fenced Property

About This Home

As of June 2024

Over 47 - acre with Highway 99E frontage. Great agribusiness location. Home has a new roof & septic system. 3bed/2bath with attach garage. 7600 sq ft of GP building with concrete floor.

Last Agent to Sell the Property

Laura Dorn

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #910500075 Listed on: 08/14/2023

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Last Buyer's Agent

Laura Dorn

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #910500075 Listed on: 08/14/2023

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,414

Year Built

  • Built in 1901

Lot Details

  • 47.21 Acre Lot
  • Partially Fenced Property

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,198 Sq Ft Home
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shop

Utilities

  • Heat Pump System
  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tax Lot *

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,414

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: Other (Refer to Remarks)
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Over 47 - acre with Highway 99E frontage. Great agribusiness location. Home has a new roof & septic system. 3bed/2bath with attach garage. 7600 sq ft of GP building with concrete floor.
  • Cross Street: Nevada
  • Year Built: 1901
  • Home Style2: Other (Refer To Remarks)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dishwasher: Yes
  • Fireplace: Family Room
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Basement: Unfinished
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 523.2
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 545.95

Exterior Features

  • Patio: Deck
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Out Buildings: Separate Shop
  • Roof: Composition
  • Siding: Aluminum, Vinyl
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Electric, Wood, Heat Pump
  • Septic: Standard
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Acres: 47.21
  • Lot: *
  • Price Per Acre: 25418.34
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: 529227
  • Tax Amount: 3414

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Jun 17, 2024
Sold by
Johnson Thomas G and Hansen Kirk A
Bought by
Fernandez Family Farms Llc
Seller's Agent
Laura Dorn
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
Buyer's Agent
Laura Dorn
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Views
128
Current Estimated Value
$1,243,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,348
Avg. Annual Appreciation
6.19%

Purchase Details

Listed on
Feb 7, 2023
Closed on
Mar 20, 2023
Sold by
Proctor Properties Llc
Bought by
Johnson Thomas G and Hansen Kirk A
Seller's Agent
AMY PENDLEY
AGRI-BUSINESS REAL ESTATE SERVICES
Buyer's Agent
Laura Dorn
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$1,245,000
Sold Price
$1,300,000
Premium/Discount to List
$55,000
4.42%
Views
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
-9.56%
Original Mortgage
$500,000
Outstanding Balance
$269,658
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$973,690
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fernandez Family Farms Llc -- Fidelity National Title
Johnson Thomas G $1,300,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Thomas G $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2024 06/18/24 Sold $1,150,000 -4.2% $523 / Sq Ft
08/14/2023 08/14/23 For Sale $1,200,000 -7.7% $546 / Sq Ft
03/31/2023 03/31/23 Sold $1,300,000 -3.3% $591 / Sq Ft View Prior Sale
02/08/2023 02/08/23 Price Changed $1,345,000 +8.0% $612 / Sq Ft
02/07/2023 02/07/23 For Sale $1,245,000 -- $566 / 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 $3,742 $258,240 -- --
2023 $3,434 $242,564 $0 $0
2022 $3,312 $241,216 $0 $0
2021 $3,283 $234,300 $0 $0
2020 $3,060 $227,610 $0 $0
2019 $3,119 $221,100 $0 $0
2018 $3,129 $0 $0 $0
2017 $2,796 $0 $0 $0
2016 $2,676 $0 $0 $0
2015 $2,650 $0 $0 $0
2014 $2,538 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Dorn

    Seller's Agent in 2024

    Laura Dorn

    BHHS Oregon- Professionals

    (503) 551-6100

    79 Total Sales

    Laura Dorn
    Section Image
  • AMY PENDLEY

    Seller's Agent in 2023

    AMY PENDLEY

    AGRI-BUSINESS REAL ESTATE SERVICES

    (503) 910-4689

    81 Total Sales

    AMY PENDLEY
    Section Image
  • Terry Silbernagel

    Seller Co-Listing Agent in 2023

    Terry Silbernagel

    AGRI-BUSINESS REAL ESTATE SERVICES

    (503) 559-3200

    76 Total Sales

    Terry Silbernagel
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 808476

Willamette Valley MLS

APN: 519227

Oregon Marion County Salem 97305

7166 Portland Rd NE, Salem, OR

This home is located at 7166 Portland Rd NE, Salem, OR 97305 since 14 August 2023 and is currently estimated at $1,243,348, approximately $565 per square foot. This property was built in 1901. 7166 Portland Rd NE is a home located in Marion County with nearby schools including Keizer Elementary School, Whiteaker Middle School, and McNary 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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