NOT LISTED FOR SALE

724 Burley Hill Loop NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $461,000 - $478,000

3 Beds
3 Baths
1,662 Sq Ft
$282/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $365,000 $220 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,928/month

Highlights

  • Deck
  • Attached Garage
  • Patio
  • 1 Fireplace
  • Views
  • Lap Siding

About This Home

As of February 2021

3 bed 2.5 bath in West Salem hills. 2 story entry, gas FP in living rm, and open concept kitchen allows light to flow through the home. Vaulted master with WIC, dbl sinks, WI shower. Deck features east views overlooking Eola Ridge Park. Bonus room with separate entry at rear of home. Gardeners delight with plum, pear, and fig trees just outside.

Last Agent to Sell the Property

Mark Shadrin

Berkshire Hathaway HomeServices Real Estate Professionals License #201215479 Listed on: 08/21/2020

Berkshire Hathaway HomeServices Real Estate Professionals

Last Buyer's Agent

Elizabeth HARKNESS

Premiere Property Group, LLC License #201226883

Premiere Property Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,019

Year Built

  • Built in 2004

Lot Details

  • Sloped Lot

HOA Fees

  • $13 per month

Parking

  • Attached Garage
  • Off-Street Parking

Home Design

  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Partial Basement
  • Property Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,019

Year Built

Built in 2004

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 2 Story
  • Sq Ft Calculated: 1662
  • Sq Ft Approximate Total: 1662
  • Stories: 2
  • Year Built: 2004
  • Property Condition: Resale
  • Remarks Public: 3 bed 2.5 bath in West Salem hills. 2 story entry, gas FP in living rm, and open concept kitchen allows light to flow through the home. Vaulted master with WIC, dbl sinks, WI shower. Deck features east views overlooking Eola Ridge Park. Bonus room with separate entry at rear of home. Gardeners delight with plum, pear, and fig trees just outside.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Rooms: Workshop
  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 2.1
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Wall to Wall Carpet, Vinyl Floor
  • Kitchen Appliances: Microwave, Built-in Range, Dishwasher, Disposal
  • Legal Description: REPLAT LOTS 1-9 WOODHAVEN ESTATES PHASE 1 LOT 14
  • Sq Ft Main Level: 700
  • Upper Level Sq Ft: 962
  • Bedrooms: 3
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Basement: Partial Basement, Unfinished
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: Workshop,On Level: Lower
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3
  • Bathrooms Upper Level Full: 2

Exterior Features

  • Exterior Description: Lap Siding, Cement Siding
  • Exterior Features: Deck, Outbuilding, Patio
  • Lot Size: 7K-9,999SF
  • Roof Type: Composition
  • View: City, Park/Greenbelt, Territorial
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Concrete, Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Off Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Security: None

Condo/Co-op/Association

  • HOA Fees: 150
  • HOA Payment Frequency: Annually
  • HOA: Yes
  • Townhouse Remarks Public: HOA phone is not 503.983.4405 that is list agents. Prelim will share HOA and their contact info.

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Myers
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Lot Description: Sloped
  • Acres: 0.21
  • Zoning: SFR
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 4291.20
  • Assessor Parcel Number: 563226
  • Tax Year: 2019

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Myers
  • High School: West Salem
  • Middle School: Walker

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Feb 21, 2021
Sold by
Xiang Xin
Bought by
Franco Joshua
Seller's Agent
Mark Shadrin
Berkshire Hathaway HomeServices Real Estate Professionals
Buyer's Agent
Elizabeth HARKNESS
Premiere Property Group, LLC
List Price
$349,900
Sold Price
$365,000
Premium/Discount to List
$15,100
4.32%
Current Estimated Value
$469,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,329
Avg. Annual Appreciation
5.59%
Original Mortgage
$334,000
Outstanding Balance
$298,726
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$170,603

Purchase Details

Closed on
May 12, 2006
Sold by
Watts Jameson K M
Bought by
Xiang Xin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,100
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 4, 2004
Sold by
Warkentin Enterprises Inc
Bought by
Watts Jameson K M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2004
Sold by
Chandler Ronna L
Bought by
Warkentin Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.31%
Mortgage Type
Construction
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
Franco Joshua $365,000 Fidelity Natl Ttl Co Of Or
Xiang Xin $231,100 Amerititle
Watts Jameson K M $180,000 Fidelity National Title
Warkentin Enterprises Inc $30,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Joshua $334,000
Previous Owner Xiang Xin $161,100
Previous Owner Watts Jameson K M $171,000
Previous Owner Warkentin Enterprises Inc $132,000
Closed Warkentin Enterprises Inc $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2021 02/24/21 Sold $365,000 +4.3% $220 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
12/17/2020 12/17/20 Price Changed $349,900 0.0% $211 / Sq Ft
12/17/2020 12/17/20 For Sale $349,900 -4.1% $211 / Sq Ft
12/01/2020 12/01/20 Off Market $365,000 -- --
10/13/2020 10/13/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $345,000 0.0% $208 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $345,000 -- $208 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $5,019 $274,290 $60,640 $213,650
2024 $5,019 $266,310 $58,870 $207,440
2023 $4,717 $258,560 $57,150 $201,410
2022 $4,717 $251,030 $55,490 $195,540
2021 $4,582 $243,720 $53,870 $189,850
2020 $4,446 $236,630 $52,300 $184,330
2019 $4,291 $229,740 $50,780 $178,960
2018 $4,220 $223,050 $49,300 $173,750
2017 $3,803 $216,560 $47,860 $168,700
2016 $3,713 $210,260 $46,460 $163,800
2015 $3,743 $199,910 $43,000 $156,910
2014 $3,543 $198,200 $43,800 $154,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20415305

Regional Multiple Listing Service (RMLS)

APN: 563226