$535,000
SOLD JUL 2, 2014

729 Covey Ln NE Salem, OR 97317

5 Beds
4 Baths
3,265 Sq Ft
1.5 Acres

Recently Sold

$164 Per Sq Ft

1% Below List Price

71 Days on Market

Highlights

  • RV Access or Parking
  • Recreation Room
  • Wood Flooring
  • Family Room with Fireplace
  • Territorial View
  • Home Office

About This Home

As of May 2020

This home is located at 729 Covey Ln NE, Salem, OR 97317 and is currently priced at $535,000, approximately $163 per square foot. This property was built in 2000. 729 Covey Ln NE is a home located in Marion County with nearby schools including Chavez Elementary School, Stephens Middle School, and McKay High School.

Last Agent to Sell the Property

Dewey Whitton

THE SALEM REAL ESTATE GROUP License #890200088 Listed on: 02/06/2014

Last Buyer's Agent

Debra Susee-Ventura

RE/MAX INTEGRITY - SALEM License #980500058

RE/MAX INTEGRITY - SALEM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,420

Year Built

  • Built in 2000

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 206x326
  • Cul-De-Sac
  • Landscaped
  • Irregular Lot
  • Sprinkler System
  • Property is zoned AR

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 3,265 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Home Office
  • Recreation Room
  • Loft
  • Second Floor Utility Room
  • Territorial Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 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
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,420

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Luxury: Y
  • Range Facility: Electric, Microwave Included, Range Included
  • Syndicated Remarks: End of the lane.Vaulted entry w/maple floors to family room, breakfast nook & large kitchen. Granite counters, breakfast bar, walk in pantry&more.Formal dining & living+office&full bath on the main level. Split stairway to upper floor, w/2nd family room,utility room,2 bedrooms with a jack & jill bath, 3rd bedroom w/private bath.Large master w/ soaking tub, double sinks & walk in closet.Private setting W/manicured yard & UG Sprinklers .Bonus man cave off the garage.On demand hot water,storage shed & more!
  • Cross Street: Fruitland Road
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room
  • Negotiable Inclusions: Range, Shed
  • Flooring: Carpet, Wood, Tile
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 5
  • Master Bedroom: Dimensions: 19.4x16, On Level: 2/Upper
  • Bedroom 2: Dimensions: 12x12.7, On Level: 2/Upper
  • Bedroom 3: Dimensions: 12.4x12, On Level: 2/Upper
  • Bedroom 4: Dimensions: 12.8x12, On Level: 2/Upper
  • Additional Room: Dimensions: 16x16, On Level: 2/Upper
  • Dining Room: 1/Main, Dimensions: 9x8, On Level: 1/Main
  • Family Room: Dimensions: 19x15.9, On Level: 1/Main
  • Living Room: Dimensions: 12x12.7, On Level: 1/Main
  • Kitchen: Dimensions: 10.5x10, On Level: 1/Main
  • Utility Room Level: 2/Upper
  • Bonus Rooms: Breakfast Room/Nook, Den, Loft, Office, Rec Room
  • Price Per Sq Ft: 163.86
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 165.39

Exterior Features

  • Patio: Patio
  • Exterior Color: tan
  • 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: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water: Well
  • Water Heater: Gas

Schools

  • Elementary School: Cesar Chavez
  • Middle School: Waldo
  • High School: McKay

Lot Info

  • Acres: 1.5
  • Estimated Lot Dimensions: 206x326
  • Estimated Lot Sq Ft: 65340
  • Lot: 6
  • Lot Type: Cul-De-Sac, Irregular
  • Price Per Acre: 360000
  • Rv Amenities: Area/Room For
  • Underground Sprinklers: Yes
  • Zoning: AR
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2013
  • Tax Account Number: R58481
  • Tax Amount: 4420

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
71
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 Type Sale Price Title Company
Warranty Deed $725,000 Amerititle
Interfamily Deed Transfer -- None Available
Warranty Deed $635,000 Ticor Title Company Of Or
Interfamily Deed Transfer -- None Available
Warranty Deed $535,000 First American
Interfamily Deed Transfer -- Fidelity Natl Title Co Of Or
Warranty Deed $420,000 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,000 New Conventional
Previous Owner $345,000 New Conventional
Previous Owner $628,000 Unknown
Previous Owner $505,500 VA
Previous Owner $208,300 Commercial
Previous Owner $398,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $125,000 Credit Line Revolving
Previous Owner $175,000 Credit Line Revolving
Previous Owner $72,000 Credit Line Revolving
Previous Owner $333,700 Unknown
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: 673058

Willamette Valley MLS

APN: 558481