NOT LISTED FOR SALE

7401 Lofty Loop SE Salem, OR 97317

Estimated Value: $658,000 - $764,142

3 Beds
2.5 Baths
2,420 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $395,000 $163 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,149/month

22 Days on Market

Highlights

  • Active Adult
  • Living Room with Fireplace
  • Fenced Yard
  • Wood Burning Stove
  • Territorial View
  • 2 Car Attached Garage

About This Home

As of July 2014

This home is located at 7401 Lofty Loop SE, Salem, OR 97317 since 26 May 2014 and is currently estimated at $711,071, approximately $293 per square foot. This property was built in 1980. 7401 Lofty Loop SE is a home located in Marion County with nearby schools including Cascade Junior High School, Cascade Senior High School, and Williamette Valley Baptist School.

Last Agent to Sell the Property

Brenda Schamp

NORTHWEST INVESTOR REALTY License #200711198 Listed on: 05/26/2014

Last Buyer's Agent

Brenda Schamp

NORTHWEST INVESTOR REALTY License #200711198 Listed on: 05/26/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 1980

Lot Details

  • 2.34 Acre Lot
  • Lot Dimensions are 300x340
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned AR

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Living Room with Fireplace
  • Second Floor Utility Room
  • Territorial Views

Kitchen

  • Built-In Range
  • Stove
  • Down Draft Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Shop

Utilities

  • Heat Pump System
  • Well
  • High Speed Internet

Additional Features

  • Solar Water Heater
  • 2 Irrigated Acres

Community Details

  • Active Adult

Listing and Financial Details

  • Legal Lot and Block 1 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,659

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Senior Community: Yes
  • Home Warranty: Negotiable
  • Range Facility: Electric, Built-In, Range Included, Downdraft
  • Syndicated Remarks: Immaculate, Eco Friendly, Private Retreat with Gated Entry on 2.34 acres in desirable SE Salem location. Custom home features wood & tile floors, updated kitchen, open beams, fabulous 2 story sunroom, wall of windows surrounding 2 sides of the home with magnificent views of the estate. Other features include shop, RV garage, greenhouse, gazebo, fenced garden and more!
  • Cross Street: Aumsvill Hwy
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room
  • Wood Burning Stove: Certified
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: .5
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12x15.6, On Level: 2/Upper
  • Bedroom 2: Dimensions: 9.5x9.5, On Level: 2/Upper
  • Bedroom 3: Dimensions: 10.2x11, On Level: 2/Upper
  • Dining Room: 1/Main, Dimensions: 22.5x12.7, On Level: 1/Main
  • Living Room: Dimensions: 30x11.10, On Level: 1/Main
  • Kitchen: Dimensions: 12.7x17.3, On Level: 1/Main
  • Utility Room Level: 2/Upper
  • Price Per Sq Ft: 163.22
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 171.49

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Separate Shop
  • Roof: Composition
  • Siding: Cedar, Shingle
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Heat Pump, Stove, Zonal
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: Well
  • Water Heater: Electric, Solar

Schools

  • Elementary School: Aumsville
  • Middle School: Cascade
  • High School: Cascade

Lot Info

  • Acres: 2.34
  • Irrigated Acres: 2.34
  • Estimated Lot Dimensions: 300x340
  • Estimated Lot Sq Ft: 101930
  • Lot: 1
  • Lot Type: Dimension Above
  • Price Per Acre: 177350.43
  • Underground Sprinklers: Yes
  • Zoning: AR

Green Features

  • Green Home: Yes (Refer To Remarks)

Tax Info

  • Tax Years: 2013
  • Tax Account Number: R53497
  • Tax Amount: 3659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Davis Kirt L and Davis Elizabeth C
Bought by
Canfield Seth L and Doll Marilyn R
Current Estimated Value
$711,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Outstanding Balance
$432,281
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$278,790

Purchase Details

Listed on
May 26, 2014
Closed on
Jul 29, 2014
Sold by
Persinger Richard W and Persinger Ellene Lavonne
Bought by
Davis Kirt Leroy and Liv Elizabeth C
Seller's Agent
Brenda Schamp
NORTHWEST INVESTOR REALTY
Buyer's Agent
Brenda Schamp
NORTHWEST INVESTOR REALTY
List Price
$415,000
Sold Price
$395,000
Premium/Discount to List
-$20,000
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$316,000
Interest Rate
4.13%
Mortgage Type
New Conventional
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
Canfield Seth L $530,000 Fidelity National Title
Davis Kirt Leroy $395,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canfield Seth L $477,000
Previous Owner Davis Kirt Leroy $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2014 07/30/14 Sold $395,000 -4.8% $163 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
05/26/2014 05/26/14 For Sale $415,000 -- $171 / 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 $5,043 $424,410 -- --
2023 $4,922 $412,050 $0 $0
2022 $4,618 $400,050 $0 $0
2021 $4,555 $388,400 $0 $0
2020 $4,400 $377,090 $0 $0
2019 $4,312 $366,110 $0 $0
2018 $4,355 $0 $0 $0
2017 $4,227 $0 $0 $0
2016 $4,109 $0 $0 $0
2015 $3,997 $0 $0 $0
2014 $3,873 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 677182

Willamette Valley MLS

APN: 553497