NOT LISTED FOR SALE

729 Covey Ln NE Salem, OR 97317

Estimated Value: $990,015 - $1,236,000

5 Beds
4 Baths
3,591 Sq Ft
$310/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $725,000 $202 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,463/month

39 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Main Floor Bedroom
  • Living Room with Fireplace
  • Wood Flooring
  • Home Office

About This Home

As of May 2020

Nice Private Location at End of Lane with Upscale Homes! New Roof in 11/2019. Beautiful gourmet kitchen w/slab granite, LR w/fireplace, office, sitting rm, FR/bonus rm, large master suite w/amazing bath w/claw ft tub, OS tiled shower, double vanity, with closet. Delightful easy care property fully fenced back yard with sprinkler system front and back.. A must see to appreciate all this home/property has to offer. Great pride in ownership!Seller related to Oregon Real Estate Licensee.

Last Agent to Sell the Property

LINDA BONSI

SUNDANCE REALTY LLC License #200507183 Listed on: 03/03/2020

Last Buyer's Agent

Andrea Beyer

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC. License #900100236

COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,563

Year Built

  • Built in 2000

Lot Details

  • 1.5 Acre Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned AR

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 3,591 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Home Office
  • Workshop
  • Second Floor Utility Room
  • Territorial Views

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Some plants
  • Tax Lot 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,563

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Built-In, Gas
  • Syndicated Remarks: Nice Private Location at End of Lane with Upscale Homes! New Roof in 11/2019. Beautiful gourmet kitchen w/slab granite, LR w/fireplace, office, sitting rm, FR/bonus rm, large master suite w/amazing bath w/claw ft tub, OS tiled shower, double vanity, with closet. Delightful easy care property fully fenced back yard with sprinkler system front and back.. A must see to appreciate all this home/property has to offer. Great pride in ownership!Seller related to Oregon Real Estate Licensee.
  • Cross Street: Fruitland
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Some plants
  • Fireplace: Gas, Living Room
  • Flooring: Carpet, Wood, Tile, Vinyl
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 5
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 2/Upper
  • Bedroom 4: On Level: 2/Upper
  • Additional Room: On Level: 2/Upper
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 2/Upper
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 2/Upper
  • Bonus Rooms: Breakfast Room/Nook, Office, Workshop, Walk-In Pantry
  • Price Per Sq Ft: 201.89
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 201.87

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Forced Air, Gas
  • High Speed Comm Access: Available
  • Septic: Standard
  • Water: Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Homeowners Assn: Association With No Fee

Schools

  • High School: McKay

Lot Info

  • Acres: 1.5
  • Estimated Lot Sq Ft: 65340
  • Lot: 6
  • Lot Type: Dimension Above
  • Price Per Acre: 483266.67
  • Rv Amenities: Area/Room For, Pad
  • Underground Sprinklers: Yes
  • Zoning: AR
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 3
  • Assessor Parcel Number: R58481
  • Tax Years: 18-19
  • Tax Account Number: R58481
  • Tax Amount: 5563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
May 26, 2020
Sold by
Wilson Allan W and Wilson Debra C
Bought by
Hawkes Lane B and Hawkes Dana Ann
Seller's Agent
LINDA BONSI
SUNDANCE REALTY LLC
Buyer's Agent
Andrea Beyer
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$724,900
Sold Price
$725,000
Premium/Discount to List
$100
0.01%
Total Days on Market
39
Current Estimated Value
$1,113,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,008
Avg. Annual Appreciation
8.88%
Original Mortgage
$325,000
Outstanding Balance
$291,747
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$821,261

Purchase Details

Closed on
Jan 5, 2018
Sold by
Wilson Allan W and Wilson Debra C
Bought by
Wilson Allan W and Wilson Debra C

Purchase Details

Listed on
Jul 25, 2017
Closed on
Aug 30, 2017
Sold by
Brewer Paul
Bought by
Wilson Allan W and Wilson Debra C
Seller's Agent
Meredith Wertz
SILVERTON REALTY, INC.
Buyer's Agent
LINDA BONSI
SUNDANCE REALTY LLC
List Price
$635,000
Sold Price
$635,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$628,000
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 2017
Sold by
Brewer Beth
Bought by
Brewer Paul

Purchase Details

Listed on
Feb 6, 2014
Closed on
Jul 2, 2014
Sold by
Wells Justin W
Bought by
Brewer Pual and Brewer Beth
Seller's Agent
Dewey Whitton
THE SALEM REAL ESTATE GROUP
Buyer's Agent
Debra Susee-Ventura
RE/MAX INTEGRITY - SALEM
List Price
$540,000
Sold Price
$535,000
Premium/Discount to List
-$5,000
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$505,500
Interest Rate
4.09%
Mortgage Type
VA

Purchase Details

Closed on
Nov 4, 2009
Sold by
Wells Justin W and Wells Tammy L
Bought by
Wells Justin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2004
Sold by
Fisher Darryl E and Fisher Carol L
Bought by
Wells Justin W and Wells Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.56%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Hawkes Lane B $725,000 Amerititle
Wilson Allan W -- None Available
Wilson Allan W $635,000 Ticor Title Company Of Or
Brewer Paul -- None Available
Brewer Pual $535,000 First American
Wells Justin W -- Fidelity Natl Title Co Of Or
Wells Justin W $420,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkes Lane B $325,000
Previous Owner Wilson Allan W $345,000
Previous Owner Wilson Allan W $628,000
Previous Owner Brewer Pual $505,500
Previous Owner Wells Justin W $208,300
Previous Owner Wells Justin W $398,000
Previous Owner Wells Justin W $417,000
Previous Owner Wells Justin W $125,000
Previous Owner Wells Justin W $175,000
Previous Owner Wells Justin W $72,000
Previous Owner Wells Justin W $333,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $725,000 0.0% $202 / Sq Ft
03/03/2020 03/03/20 For Sale $724,900 +14.2% $202 / Sq Ft
09/01/2017 09/01/17 Sold $635,000 0.0% $166 / Sq Ft
07/25/2017 07/25/17 For Sale $635,000 +18.7% $166 / Sq Ft
07/02/2014 07/02/14 Sold $535,000 -0.9% $164 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $540,000 -- $165 / 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 $6,673 $460,510 -- --
2023 $6,329 $447,100 $0 $0
2022 $5,960 $434,080 $0 $0
2021 $5,807 $414,460 $0 $0
2020 $5,410 $402,390 $0 $0
2019 $5,643 $390,670 $0 $0
2018 $5,563 $0 $0 $0
2017 $4,935 $0 $0 $0
2016 $4,721 $0 $0 $0
2015 $4,672 $0 $0 $0
2014 $4,471 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 760731

Willamette Valley MLS

APN: 558481