NOT LISTED FOR SALE

740 McGilchrist St SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $448,000 - $492,537

4 Beds
3 Baths
2,530 Sq Ft
$185/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $440,000 $174 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,903/month

130 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Breakfast Area or Nook
  • Territorial View
  • Main Floor Bedroom
  • Lower Floor Utility Room

About This Home

As of November 2024

Quintessential Grand 1930’s Salem Home. Elevated from the street & hidden down a quiet road, enjoy looking off the front porch or large back patio under an Avocado tree to appreciate the walkable 7 terraced garden. Enter the home and marvel at original hardwood floors & fireplace in sprawling living and formal dining room. Breakfast nook off kitchen. Upstairs are 3 more bedrooms. Downstairs: Walk-in shower inside newer Cedar Sauna, tons of storage/built-ins, + bonus areas. Close to Bush Park and schools

Last Agent to Sell the Property

Safford Carpenter

PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM License #201234667 Listed on: 06/07/2024

PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM

Last Buyer's Agent

Suzie Miller

JOHN L. SCOTT-SALEM License #200606006

JOHN L. SCOTT-SALEM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,117

Year Built

  • Built in 1938

Lot Details

  • 9,368 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 2,530 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Lower Floor Utility Room
  • Territorial Views
  • Basement Fills Entire Space Under The House

Kitchen

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

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Patio

Schools

  • Mckinley Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Ben Lomond, Park Subdivision

Listing and Financial Details

  • Tax Lot FR 16 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,117

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Electric
  • Syndicated Remarks: Quintessential Grand 1930’s Salem Home. Elevated from the street & hidden down a quiet road, enjoy looking off the front porch or large back patio under an Avocado tree to appreciate the walkable 7 terraced garden. Enter the home and marvel at original hardwood floors & fireplace in sprawling living and formal dining room. Breakfast nook off kitchen. Upstairs are 3 more bedrooms. Downstairs: Walk-in shower inside newer Cedar Sauna, tons of storage/built-ins, + bonus areas. Close to Bush Park and schools
  • Cross Street: Commercial
  • Year Built: 1938
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: Fridge, Stove, Dishwasher, Greenhouse, W/D
  • Flooring: Wood, Laminate, Tile
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 15 x 12, On Level: 2/Upper
  • Bedroom 2: Dimensions: 12 x 10, On Level: 2/Upper
  • Bedroom 3: Dimensions: 12 x 10, On Level: 2/Upper
  • Bedroom 4: Dimensions: 12 x 7, On Level: 1/Main
  • Additional Room: On Level: Lower/Basement
  • Basement: Full
  • Dining Room: 1/Main, Dimensions: 16 x 12, On Level: 1/Main
  • Family Room: Dimensions: 19 x 10, On Level: Lower/Basement
  • Living Room: Dimensions: 21 x 15, On Level: 1/Main
  • Kitchen: Dimensions: 24 x 8, On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Bonus Rooms: Breakfast Room/Nook
  • Source Of Sq Ft: Fee

Exterior Features

  • Patio: Patio
  • Exterior Color: Grey
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Electric, Central Ac, Hot Water
  • High Speed Comm Access: Present
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Lot Info

  • Acres: 0.22
  • Estimated Lot Sq Ft: 9368
  • Lot: FR 16 17
  • Lot Type: Irregular
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Amount: 5117

MLS Schools

  • HighSchool: South Salem
  • Middle School: Leslie
  • Elementary School: McKinley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Oct 15, 2024
Sold by
Levenick James R and Amato Sara E
Bought by
Davis Desiree
Seller's Agent
Safford Carpenter
PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM
Buyer's Agent
Suzie Miller
JOHN L. SCOTT-SALEM
List Price
$535,000
Sold Price
$440,000
Premium/Discount to List
-$95,000
-17.76%
Views
145
Current Estimated Value
$468,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,384
Avg. Annual Appreciation
6.13%
Original Mortgage
$374,000
Outstanding Balance
$369,675
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$98,709

Purchase Details

Closed on
Dec 23, 2014
Sold by
Levenick James R
Bought by
Levenick James R and Amato Sara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2005
Sold by
Levenick James R
Bought by
Cornutt Ii John David and Cornutt Jennifer Lay
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Davis Desiree $440,000 First American Title
Davis Desiree $440,000 First American Title
Levenick James R -- Fidelity National Title Co
Cornutt Ii John David $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Desiree $374,000
Closed Davis Desiree $374,000
Previous Owner Levenick James R $173,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2024 11/22/24 Sold $440,000 -4.3% $174 / Sq Ft
10/03/2024 10/03/24 Price Changed $460,000 -3.2% $182 / Sq Ft
09/11/2024 09/11/24 Price Changed $475,000 -4.0% $188 / Sq Ft
08/19/2024 08/19/24 Price Changed $495,000 -4.6% $196 / Sq Ft
07/31/2024 07/31/24 Price Changed $519,000 -3.0% $205 / Sq Ft
07/15/2024 07/15/24 For Sale $535,000 -- $211 / 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 $5,273 $276,610 -- --
2024 $5,273 $268,560 -- --
2023 $5,118 $260,740 $0 $0
2022 $4,825 $253,150 $0 $0
2021 $4,687 $245,780 $0 $0
2020 $4,551 $238,630 $0 $0
2019 $4,391 $231,680 $0 $0
2018 $4,468 $0 $0 $0
2017 $4,033 $0 $0 $0
2016 $3,841 $0 $0 $0
2015 $3,870 $0 $0 $0
2014 $3,608 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Safford Carpenter

    Seller's Agent in 2024

    Safford Carpenter

    PREMIERE PROPERTY GROUP, LLC - SOUTH SALEM

    (503) 510-1068

    3 in this area

    92 Total Sales

    Safford Carpenter
    Section Image
  • Suzie Miller

    Buyer's Agent in 2024

    Suzie Miller

    JOHN L. SCOTT-SALEM

    (650) 678-9031

    1 in this area

    63 Total Sales

    Suzie Miller
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 817894

Willamette Valley MLS

APN: 566522

Oregon Marion County Salem 97302 South Central

740 McGilchrist St SE, Salem, OR

Not Listed for Sale

Detached

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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