NOT LISTED FOR SALE

7525 Spelbrink Ln SE Salem, OR 97317

Estimated Value: $697,120 - $784,000

4 Beds
2 Baths
4,656 Sq Ft
$159/Sq Ft Est. Value

About This Home

This home is located at 7525 Spelbrink Ln SE, Salem, OR 97317 and is currently estimated at $740,560, approximately $159 per square foot. 7525 Spelbrink Ln SE is a home with nearby schools including Miller Elementary School, Houck Middle School, and North Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
Daubenspeck Kimberly S and Simmons Richard L
Bought by
Simmons Richard L
Current Estimated Value
$730,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,500
Outstanding Balance
$410,995
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$280,540

Purchase Details

Closed on
Apr 29, 2005
Sold by
Taylor Patrick A and Taylor Carol I
Bought by
Simmons Richard L and Simmons Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
5.92%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 21, 2001
Sold by
Dreiszus Barbara
Bought by
Taylor Patrick A and Taylor Carol I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
6.89%

Purchase Details

Closed on
May 4, 2001
Sold by
Mcgraw Scott W
Bought by
Taylor Patrick A and Taylor Carol I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
6.89%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Simmons Richard L -- First American Title
Simmons Richard L -- First American Title
Simmons Richard L $284,000 Ticor Title
Taylor Patrick A -- --
Taylor Patrick A $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Richard L $415,500
Closed Simmons Richard L $415,500
Previous Owner Simmons Richard L $198,000
Previous Owner Simmons Richard L $230,000
Previous Owner Simmons Richard L $15,000
Previous Owner Simmons Richard L $227,200
Previous Owner Taylor Patrick A $122,400
Closed Simmons Richard L $56,800
Source: Public Records

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 $4,218 $291,070 -- --
2023 $4,001 $282,600 $0 $0
2022 $3,767 $274,370 $0 $0
2021 $3,733 $266,380 $0 $0
2020 $3,477 $258,630 $0 $0
2019 $3,518 $251,100 $0 $0
2018 $3,576 $0 $0 $0
2017 $3,172 $0 $0 $0
2016 $3,034 $0 $0 $0
2015 $3,003 $0 $0 $0
2014 $2,874 $0 $0 $0
Source: Public Records

Map

Oregon Marion County Salem 97317

7525 Spelbrink Ln SE, Salem, OR

This home is located at 7525 Spelbrink Ln SE, Salem, OR 97317 and is currently estimated at $740,560, approximately $159 per square foot. 7525 Spelbrink Ln SE is a home with nearby schools including Miller Elementary School, Houck Middle School, and North 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.

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