NOT LISTED FOR SALE

7225 Sarah Ln S Salem, OR 97306

Salem Hills Neighborhood

Estimated Value: $730,828 - $821,000

4 Beds
2 Baths
1,920 Sq Ft
$404/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $315,000 $164 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $4,485/month

132 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • 2 Car Attached Garage
  • 1.62 Acre Lot
  • Territorial View
  • 1-Story Property

About This Home

As of March 2016

Quiet and private at the end of treed lane in desirable South Salem area. 4 bedrooms. Large kitchen with pantry open to dining room.Great deck on the front of home to sit and enjoy your private paradise.24x 36 Shop with power and concrete floor to park your toys or a wonderful work area. This has something for everyone, open area for garden or animals plus lots of trees for shade and forest fun!

Last Agent to Sell the Property

MARGARET BROADDUS

WORKS REAL ESTATE License #200102176 Listed on: 10/18/2015

WORKS REAL ESTATE

Last Buyer's Agent

Natasha Lang

NATASHA LANG REAL ESTATE LLC License #200701352

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,555

Year Built

  • Built in 2008

Lot Details

  • 1.62 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Property is zoned ar

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Shop

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,555

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Quiet and private at the end of treed lane in desirable South Salem area. 4 bedrooms. Large kitchen with pantry open to dining room. Great deck on the front of home to sit and enjoy your private paradise. 24x 36 Shop with power and concrete floor to park your toys or a wonderful work area. This has something for everyone, open area for garden or animals plus lots of trees for shade and forest fun!
  • Cross Street: Cole Rd
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: Refrig/Range/window cvg
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 15x12
  • Bedroom 2: Dimensions: 11x10
  • Bedroom 3: Dimensions: 15x10
  • Bedroom 4: Dimensions: 15x10, On Level: 1/Main
  • Dining Room: Dimensions: 14x14
  • Living Room: Dimensions: 19x21
  • Kitchen: Dimensions: 12x14
  • Price Per Sq Ft: 164.06
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 169.27

Exterior Features

  • Patio: Deck
  • Exterior Color: grey
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Separate Shop
  • Roof: Composition
  • Siding: Composite
  • Siding Style: T111
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric, Baseboard
  • Sewer City: Yes
  • Water: Well
  • Water Heater: Electric

Schools

  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 1.62
  • Estimated Lot Sq Ft: 70567
  • Lot: 2
  • Price Per Acre: 200617.28
  • Rv Amenities: Area/Room For
  • Zoning: ar
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2015
  • Tax Account Number: R61503
  • Tax Amount: 2555

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2015
Closed on
Mar 25, 2016
Sold by
Lee Chris Allen and Lee Debra Sue
Bought by
Lang Natasha L and Lang Scott C
Seller's Agent
MARGARET BROADDUS
WORKS REAL ESTATE
Buyer's Agent
Natasha Lang
NATASHA LANG REAL ESTATE LLC
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%
Current Estimated Value
$764,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,053
Avg. Annual Appreciation
10.68%
Original Mortgage
$252,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2007
Sold by
Parnes Lawrence H and Parnes Julie B
Bought by
Lee Chris Allen and Lee Debra Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,430
Interest Rate
6.61%
Mortgage Type
Construction
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
Lang Natasha L $315,000 Amerititle
Lee Chris Allen -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lang Scott $188,900
Closed Lang Natasha L $59,000
Closed Lang Natasha L $252,000
Previous Owner Lee Chris Allen $258,750
Previous Owner Lee Chris Allen $279,800
Previous Owner Lee Chris Allen $310,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2016 03/29/16 Sold $315,000 -10.0% $164 / Sq Ft
02/27/2016 02/27/16 Pending -- -- --
10/18/2015 10/18/15 For Sale $350,000 -- $182 / 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 $3,625 $285,630 -- --
2023 $3,538 $277,320 $0 $0
2022 $3,347 $269,250 $0 $0
2021 $3,260 $261,410 $0 $0
2020 $3,271 $253,800 $0 $0
2019 $3,151 $246,410 $0 $0
2018 $3,111 $0 $0 $0
2017 $2,726 $0 $0 $0
2016 $2,601 $0 $0 $0
2015 $2,674 $0 $0 $0
2014 $2,555 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • MARGARET BROADDUS

    Seller's Agent in 2016

    MARGARET BROADDUS

    WORKS REAL ESTATE

    (503) 871-2741

    40 Total Sales

    Section Image
  • Natasha Lang

    Buyer's Agent in 2016

    Natasha Lang

    NATASHA LANG REAL ESTATE LLC

    (503) 931-8870

    23 Total Sales

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 696871

Willamette Valley MLS

APN: 561503

Oregon Marion County Salem 97306 Salem Hills

7225 Sarah Ln S, Salem, OR

This home is located at 7225 Sarah Ln S, Salem, OR 97306 since 18 October 2015 and is currently estimated at $775,914, approximately $404 per square foot. This property was built in 2008. 7225 Sarah Ln S is a home located in Marion County with nearby schools including Sumpter Elementary School, Crossler Middle School, and Sprague 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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