NOT LISTED FOR SALE

740 Elma Ave SE Salem, OR 97317

Estimated Value: $406,630 - $480,000

3 Beds
2 Baths
2,171 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 05, 2016

Last sale price $80,800 $37 Per Sq Ft

Est. 441% increase in value since last sale

Current estimated payment $2,697/month

4 Days on Market

Highlights

  • 0.48 Acre Lot
  • 1-Story Property
  • 5-minute walk to Minto-Brown Island Park
  • 2 Car Attached Garage

About This Home

As of October 2016

VALUE IN THE LAND ONLY!! Seller makes no warranties with regard to the current state of property. Half acre lot, plenty of room for your building project!

Last Agent to Sell the Property

ZACHARY MORRIS

PACIFIC ROOTS REALTY LLC License #201254045 Listed on: 09/19/2016

Last Buyer's Agent

Shaunae Collins

RAINBOW REALTY NW License #201248105

RAINBOW REALTY NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1950

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 100 x 200
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,171 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Exclusions: Building Materials currently on premises
  • Legal Lot and Block 13 / 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,626

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: VALUE IN THE LAND ONLY!! Seller makes no warranties with regard to the current state of property. Half acre lot, plenty of room for your building project!
  • Cross Street: Macleay
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Exclusions: Building Materials currently on premises
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Price Per Sq Ft: 37.22
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 32.2

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Schools

  • Elementary School: Marion
  • Middle School: Houck
  • High School: North Salem

Lot Info

  • Acres: 0.48
  • Estimated Lot Dimensions: 100 x 200
  • Estimated Lot Sq Ft: 21780
  • Lot: 13
  • Price Per Acre: 145625
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 15-16
  • Tax Account Number: R55136
  • Tax Amount: 1626

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2016
Closed on
Oct 4, 2016
Sold by
Morgan Randall A
Bought by
Ochoa Martha A and Ochoa Marcos T
Seller's Agent
ZACHARY MORRIS
PACIFIC ROOTS REALTY LLC
Buyer's Agent
Shaunae Collins
RAINBOW REALTY NW
List Price
$69,900
Sold Price
$80,800
Premium/Discount to List
$10,900
15.59%
Current Estimated Value
$437,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,406
Avg. Annual Appreciation
20.96%

Purchase Details

Listed on
Sep 19, 2016
Closed on
Sep 30, 2016
Sold by
White Lauretta H
Bought by
Morgan Randall A
Seller's Agent
ZACHARY MORRIS
PACIFIC ROOTS REALTY LLC
Buyer's Agent
Shaunae Collins
RAINBOW REALTY NW
List Price
$69,900
Sold Price
$80,800
Premium/Discount to List
$10,900
15.59%

Purchase Details

Closed on
May 7, 2015
Sold by
White Lauretta H
Bought by
Morgan Randall A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ochoa Martha A $80,800 Fidelity Natl Title Co Of Or
Morgan Randall A -- Fidelity Natl Title Co Of Or
Morgan Randall A $102,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Lauretta H $84,021
Previous Owner White Lauretta H $30,000
Previous Owner White Lauretta H $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2016 10/05/16 Sold $80,800 +15.6% $37 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $69,900 -- $32 / 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 $3,634 $223,790 -- --
2023 $3,449 $217,280 $0 $0
2022 $3,251 $210,960 $0 $0
2021 $3,220 $204,820 $0 $0
2020 $3,017 $198,860 $0 $0
2019 $2,044 $125,380 $0 $0
2018 $2,037 $0 $0 $0
2017 $1,376 $0 $0 $0
2016 $1,694 $0 $0 $0
2015 $1,676 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2016

    ZACHARY MORRIS

    PACIFIC ROOTS REALTY LLC

    (541) 520-9242

    1 Total Sale

    Section Image
  • Shaunae Collins

    Buyer's Agent in 2016

    Shaunae Collins

    RAINBOW REALTY NW

    (503) 680-9941

    1 Total Sale

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 710211

Willamette Valley MLS

APN: 555136

Oregon Marion County Salem 97317

740 Elma Ave SE, Salem, OR

This home is located at 740 Elma Ave SE, Salem, OR 97317 since 19 September 2016 and is currently estimated at $429,908, approximately $198 per square foot. This property was built in 1950. 740 Elma Ave SE is a home located in Marion County with nearby schools including Four Corners Elementary School, Houck Middle School, and South Salem 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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