NOT LISTED FOR SALE

783 Boone Rd SE Unit 3 Salem, OR 97306

Faye Wright Neighborhood

Estimated Value: $228,720 - $242,000

2 Beds
1 Bath
840 Sq Ft
$250/mo HOA Fee

Last Sold October 31, 2022

Last sale price $215,000 $256 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,696/month

1 Day on Market

Highlights

  • View of Trees or Woods
  • Corner Lot
  • Paneling
  • Property is near Portland Streetcar
  • Community Pool
  • Living Room

About This Home

As of October 2022

Location, Location, Location-this well maintained condo in South Salem is move in ready spacious LR with laminate flooring. Living room opens up to the kitchen/dining area, giving it an open feel and great for hosting small gatherings. Large utility room that fits a washer/dryer, acts as a storage closet, and pantry. Twoappropriately sized bedrooms and a nicely remodeled bath, perfect for someone looking for simplicity HOA features a secure outdoor pool, w/s/g, ext maint. HOA paid through Dec

Last Listed By

Magie Arroyo

Knipe Realty ERA Powered License #201238217 Listed on: 09/25/2022

Knipe Realty ERA Powered

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 1976

Lot Details

  • 828

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Parking Pad

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Family Room
  • Living Room
  • Dining Room
  • Views of Woods
  • Laundry Room

Kitchen

  • Convection Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Wright Elementary School
  • Judson Middle School
  • Sprague High School

Utilities

  • No Cooling
  • Wall Furnace
  • Municipal Trash

Additional Features

  • Level Lot
  • Property is near Portland Streetcar

Listing and Financial Details

  • Assessor Parcel Number 580040

Community Details

Overview

  • Kings Terrace Association, Phone Number (503) 485-1983
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,474

Year Built

Built in 1976

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1976
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 1.0
  • Interior Amenities: Laundry
  • Basement: None
  • Appliances: ConvectionOven, Cooktop, Dishwasher, Disposal, FreeStandingRefrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Panel
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level, Seasonal, StreetCar
  • Road Surface Type: Concrete
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: ParkingPad
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: MainLevel
  • Association Amenities: Commons, MaintenanceGrounds, Pool, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • CondominiumAssociationContact: Maria T Arbuckle
  • CondominiumAssociationEmail: marbuckle87840@gmail.com
  • CondominiumAssociationName: Kings Terrace
  • CondominiumAssociationPhone: 503-485-1983
  • CondominiumAssociationURLYN: No

Schools

  • Elementary School: Wright
  • High School: Sprague
  • Middle Or Junior School: Judson

Lot Info

  • Farm: No
  • Parcel #: 580040

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 1474.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2023
Sold by
Figueroa Michael
Bought by
Fledderjohann Nicholas and Fledderjohann Heather
Total Days on Market
1
Current Estimated Value
$235,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,816
Outstanding Balance
$226,707
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$2,544

Purchase Details

Listed on
Sep 25, 2022
Closed on
Oct 27, 2022
Sold by
Bautista Jose David
Bought by
Figueroa Michael
Seller's Agent
Magie Arroyo
Knipe Realty ERA Powered
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$199,999
Sold Price
$215,000
Premium/Discount to List
$15,001
7.5%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$215,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2020
Sold by
Rudman Sean
Bought by
Bautista Jose David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2018
Sold by
High Melissa M
Bought by
Rudman Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,544
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Jun 4, 2009
Sold by
Lute Scott and Lute Kelle
Bought by
High Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,198
Interest Rate
4.78%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2001
Sold by
Schwartz John T
Bought by
Lute Scott and Lute Kelle

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
Fledderjohann Nicholas $224,000 Fidelity National Title
Figueroa Michael $215,000 Wfg Title
Bautista Jose David $140,000 Amerititle
Rudman Sean $109,000 Amerititle
High Melissa M $93,900 Amerititle
Lute Scott $54,500 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fledderjohann Nicholas $228,816
Previous Owner Figueroa Michael $215,000
Previous Owner Bautista Jose David $112,000
Previous Owner Rudman Sean $108,544
Previous Owner High Melissa M $10,006
Previous Owner High Melissa M $92,198
Previous Owner Lute Scott $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $215,000 +7.5% $256 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/25/2022 09/25/22 For Sale $199,999 -- $238 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $1,708 $86,970 -- $86,970
2023 $1,657 $84,440 $0 $84,440
2022 $1,563 $81,990 $0 $0
2021 $1,518 $79,610 $0 $0
2020 $1,520 $77,300 $0 $0
2019 $1,466 $75,050 $0 $0
2018 $1,448 $0 $0 $0
2017 $1,307 $0 $0 $0
2016 $1,230 $0 $0 $0
2015 $1,218 $0 $0 $0
2014 $1,111 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22484306

Regional Multiple Listing Service (RMLS)

APN: 580040