NOT LISTED FOR SALE

7502 Lofty Loop SE Salem, OR 97317

Estimated Value: $842,513 - $910,000

3 Beds
2.5 Baths
1,700 Sq Ft
$515/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $610,000 $359 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,931/month

32 Days on Market

Highlights

  • RV Access or Parking
  • Wood Burning Stove
  • Wood Flooring
  • Mountain View
  • Family Room with Fireplace
  • Mud Room

About This Home

As of October 2020

Now this is a shop, 1800sf has woodstove, full bath, office, multi purpose room, garage door, RV area w/RV disposal, exterior spigots have hot & cold water, separate septic for the shop & it has a 50 gal electric hot water heater. Home offers, 3 bedrooms, 2.5 baths, hardwood floors, laundry room located off the kitchen. Family room is attached to the kitchen, has a breakfast nook, and a wood burning fireplace. Living room & dining room over look the backyard. There is a 10x12 shed as well. Room for toys!

Last Agent to Sell the Property

Marianne McNally

NEXTHOME REALTY CONNECTION License #200002227 Listed on: 08/31/2020

NEXTHOME REALTY CONNECTION

Last Buyer's Agent

Kimberly Leighty

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #201234091

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,622

Year Built

  • Built in 2000

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 237x267
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System
  • Property is zoned AR

Property Views

  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Mud Room
  • Family Room with Fireplace
  • First Floor Utility Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Shed
  • Shop

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,622

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Built-In, Downdraft, Gas, Microwave Included
  • Syndicated Remarks: Now this is a shop, 1800sf has woodstove, full bath, office, multi purpose room, garage door, RV area w/RV disposal, exterior spigots have hot & cold water, separate septic for the shop & it has a 50 gal electric hot water heater. Home offers, 3 bedrooms, 2.5 baths, hardwood floors, laundry room located off the kitchen. Family room is attached to the kitchen, has a breakfast nook, and a wood burning fireplace. Living room & dining room over look the backyard. There is a 10x12 shed as well. Room for toys!
  • Cross Street: Aumsville Highway
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room, Wood
  • Negotiable Inclusions: All kitchen appliances
  • Wood Burning Stove: Certified
  • Flooring: Carpet, Wood, Vinyl
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Mudroom
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Exterior Color: Brown
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed, Separate Shop
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap
  • View: Mountain, Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Central Ac, Electric, Forced Air
  • High Speed Comm Access: Available
  • Septic: Standard
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Acres: 1.5
  • Estimated Lot Dimensions: 237x267
  • Estimated Lot Sq Ft: 65340
  • Lot: 1
  • Lot Type: Dimension Above
  • Rv Amenities: Area/Room For, Rv Disposal
  • Underground Sprinklers: Yes
  • Zoning: AR
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2020
  • Tax Amount: 3622

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 30, 2020
Sold by
Kronberg Marcus E
Bought by
Reith James C and Garcia Martha Estela
Seller's Agent
Marianne McNally
NEXTHOME REALTY CONNECTION
Buyer's Agent
Kimberly Leighty
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Current Estimated Value
$876,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,257
Avg. Annual Appreciation
7.33%
Original Mortgage
$460,000
Outstanding Balance
$406,523
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$469,734

Purchase Details

Listed on
Jul 1, 2013
Closed on
Aug 20, 2013
Sold by
Allen Gail M
Bought by
Kronberg Marcus E
Seller's Agent
Brian Smith
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$325,900
Sold Price
$318,500
Premium/Discount to List
-$7,400
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$176,900
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2013
Sold by
Allen Gail M
Bought by
Allen Gail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2009
Sold by
Churchill Gail M
Bought by
Churchill Gail M and Gail M Churchill Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reith James C $610,000 Amerititle
Reith James C $610,000 Amerititle
Kronberg Marcus E $318,500 Amerititle
Allen Gail M -- First American
Churchill Gail M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reith James C $460,000
Closed Reith James C $460,000
Previous Owner Kronberg Marcus E $176,900
Previous Owner Allen Gail M $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $610,000 -6.2% $359 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $650,000 +104.1% $382 / Sq Ft
08/20/2013 08/20/13 Sold $318,500 -2.3% $191 / Sq Ft View Prior Sale
07/20/2013 07/20/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $325,900 -- $196 / 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 $3,852 $365,470 -- --
2024 $3,852 $354,830 -- --
2023 $3,760 $344,500 $0 $0
2022 $3,429 $325,950 $0 $0
2021 $3,382 $316,460 $0 $0
2020 $3,696 $307,250 $0 $0
2019 $2,168 $298,310 $0 $0
2018 $3,548 $0 $0 $0
2017 $3,444 $0 $0 $0
2016 $3,348 $0 $0 $0
2015 $3,257 $0 $0 $0
2014 $2,676 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 768119

Willamette Valley MLS

APN: 553502