NOT LISTED FOR SALE

Estimated Value: $437,000 - $482,000

2 Beds
2 Baths
2,196 Sq Ft
$210/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2013

Last sale price $169,000 $77 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,618 / mo

205 Days on Market

Highlights

  • Territorial View
  • Covered Patio or Porch
  • Landscaped
  • Wood Flooring
  • 2 Car Detached Garage
  • 4-minute walk to South Village Park

About This Home

As of December 2013

This home is located at 720 Spears Ave SE, Salem, OR 97302 since 25 April 2013 and is currently estimated at $462,011, approximately $210 per square foot. This property was built in 1953. 720 Spears Ave SE is a home located in Marion County with nearby schools including Morningside Elementary School, Leslie Middle School, and South Salem High School.

Last Agent to Sell the Property

Ty Hilderbrand

REALTY ONE GROUP WILLAMETTE VALLEY License #200412052 Listed on: 04/25/2013

REALTY ONE GROUP WILLAMETTE VALLEY

Co-Listed By

BRENDA GLODT

REALTY ONE GROUP WILLAMETTE VALLEY License #850300159

Last Buyer's Agent

Benjamin Johnston

JOHNCO INVESTMENTS LLC License #200512215

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 11,326 Sq Ft Lot
  • Landscaped
  • Irregular Lot
  • Property is zoned RS

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,196 Sq Ft Home
  • 2-Story Property
  • Territorial Views
  • Finished Basement

Kitchen

  • Built-In Range
  • Down Draft Cooktop

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Exclusions: Microwave
  • Legal Lot and Block 1 / 3

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0.26 Acres

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric, Built-In, Downdraft
  • Syndicated Remarks: Wonderful 50s home in SE Salem. Huge master bedroom w/ walk-in closet. Finished basement with 1 large bedroom w/fireplace and den/office and full bath. Great patio for entertaining w/ built in fireplace. .25± ac corner lot. Must visit this great home.
  • Cross Street: Harvey
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Exclusions: Microwave
  • Flooring: Carpet, Wood, Laminate
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 2
  • Basement: Finished
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Patio, Patio
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Tile
  • Siding: Brick, Stucco, Wood
  • View: Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.26
  • Estimated Lot Sq Ft: 11326
  • Lot: 1
  • Lot Type: Irregular
  • Zoning: RS
  • Geo Subdivision: OR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2013
Closed on
Dec 20, 2013
Sold by
Higgins Grace T
Bought by
Durham Guy
Seller's Agent
Ty Hilderbrand
REALTY ONE GROUP WILLAMETTE VALLEY
Buyer's Agent
Benjamin Johnston
JOHNCO INVESTMENTS LLC
List Price
$199,900
Sold Price
$169,000
Premium/Discount to List
-$30,900
-15.46%
Current Estimated Value
$420,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,427
Avg. Annual Appreciation
8.53%
Original Mortgage
$160,550
Outstanding Balance
$120,156
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$341,855

Purchase Details

Closed on
Jun 18, 2004
Sold by
Higgins Grace T
Bought by
Higgins Grace T and Grace T Higgins Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Durham Guy $169,000 Fidelity Natl Title Co Of Or
Higgins Grace T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durham Guy $160,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2013 12/30/13 Sold $169,000 -15.5% $77 / Sq Ft
11/16/2013 11/16/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $199,900 -- $91 / Sq Ft
Source: Willamette Valley MLS

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 $4,242 $222,520 -- --
2024 $4,242 $216,040 -- --
2023 $4,117 $209,750 $0 $0
2022 $3,882 $203,650 $0 $0
2021 $3,771 $197,720 $0 $0
2020 $3,661 $191,970 $0 $0
2019 $3,532 $186,380 $0 $0
2018 $3,595 $0 $0 $0
2017 $3,244 $0 $0 $0
2016 $3,090 $0 $0 $0
2015 $3,114 $0 $0 $0
2014 $3,013 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 663417

Willamette Valley MLS

APN: 591932

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