NOT LISTED FOR SALE

735 Fairview Ave SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $386,000 - $482,838

3 Beds
2 Baths
1,245 Sq Ft
$355/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $249,705 $201 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,758/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Living Room with Fireplace
  • Covered Patio or Porch
  • 0.55 Acre Lot
  • Wood Flooring
  • 4-minute walk to Clark Creek Park

About This Home

As of July 2016

Beautiful cottage on a half acre in South Salem! Plenty of space to garden and entertain in this lovely landscaped back yard. Newly remodeled home with sun room in back to enjoy your morning coffee from. Lovely wood floors, fresh paint, and cozy gas fireplace.

Last Agent to Sell the Property

Charlene Knudsen

SUNDANCE REALTY LLC License #200604158 Listed on: 06/14/2016

Last Buyer's Agent

John Tate

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #200404106

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,502

Year Built

  • Built in 1948

Lot Details

  • 0.55 Acre Lot
  • Landscaped
  • Sprinkler System
  • Property is zoned RS

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,245 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Security System Owned

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 21

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,502

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Beautiful cottage on a half acre in South Salem! Plenty of space to garden and entertain in this lovely landscaped back yard. Newly remodeled home with sun room in back to enjoy your morning coffee from. Lovely wood floors, fresh paint, and cozy gas fireplace.
  • Cross Street: Commercial
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: Range, DW
  • Flooring: Wood, Laminate, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 18 x 12.3, On Level: 1/Main
  • Bedroom 2: Dimensions: 12.3 x 10.9, On Level: 1/Main
  • Bedroom 3: Dimensions: 8.6 x 12.6, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 10.6 x 10.1, On Level: 1/Main
  • Living Room: Dimensions: 14 x 17.1, On Level: 1/Main
  • Kitchen: Dimensions: 14 x 9.1, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: White
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Security System: Owned
  • Water: Connected, City
  • Water Heater: Gas

Lot Info

  • Acres: 0.55
  • Estimated Lot Sq Ft: 23958
  • Lot: 21
  • Rv Amenities: Area/Room For
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 15/16
  • Tax Amount: 3502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2016
Closed on
Jul 15, 2016
Sold by
U S Bank Na
Bought by
Shinn Sarah and Shinn Blake
Seller's Agent
Charlene Knudsen
SUNDANCE REALTY LLC
Buyer's Agent
John Tate
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$239,900
Sold Price
$249,705
Premium/Discount to List
$9,805
4.09%
Current Estimated Value
$442,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,755
Avg. Annual Appreciation
6.31%
Original Mortgage
$255,000
Outstanding Balance
$203,545
Interest Rate
3.66%
Mortgage Type
Balloon
Estimated Equity
$238,915

Purchase Details

Closed on
May 17, 2001
Sold by
Spada Peggie Jo and Spada Angelo
Bought by
Rice William L and Rice Daniel L
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
Shinn Sarah $249,705 Fidelity Natl Title Co Of Or
Rice William L $530,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shinn Sarah $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2016 07/18/16 Sold $249,705 +4.1% $201 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $239,900 -- $193 / 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
2025 $5,116 $268,360 -- --
2024 $5,116 $260,550 -- --
2023 $4,965 $252,970 $0 $0
2022 $4,681 $245,610 $0 $0
2021 $4,548 $238,460 $0 $0
2020 $4,245 $215,920 $0 $0
2019 $3,973 $209,640 $0 $0
2018 $4,043 $0 $0 $0
2017 $3,649 $0 $0 $0
2016 $3,476 $0 $0 $0
2015 $3,502 $0 $0 $0
2014 $3,370 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charlene Knudsen

    Seller's Agent in 2016

    Charlene Knudsen

    SUNDANCE REALTY LLC

    (503) 999-7282

    21 Total Sales

    Charlene Knudsen
    Section Image
  • John Tate

    Buyer's Agent in 2016

    John Tate

    BHHS Oregon- Professionals

    (503) 580-6540

    1 in this area

    69 Total Sales

    John Tate
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 706063

Willamette Valley MLS

APN: 591407

Oregon Marion County Salem 97302 South Central

735 Fairview Ave SE, Salem, OR

Not Listed for Sale

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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