NOT LISTED FOR SALE

8211 Squirrel Hill Rd SE Salem, OR 97306

Salem Hills Neighborhood

Estimated Value: $1,053,263

50 Acres
$20,986 Price per Acre
2,186,276 Sq Ft Lot

Last Sold July 28, 2017

Last sale price $640,000

Est. 65% increase in value since last sale

Current estimated payment $5,957/month

86 Days on Market

About This Lot

As of July 2017

This is a very nice property with spectacular views of the Valley. It would make an excellent location to start your own Vineyard &/or Winery. It is located just off I-5 between Willamette Valley Vineyards & Duck Pond Cellars Vineyards. This property has been under ownership by the same family for over 100 years & they have just recently decided to sell. Additional 80.7 acres available

Last Agent to Sell the Property

STEVE HELMS - Oregon Farm Broke

Keller Williams Realty Mid-Willamette License #201210000 Listed on: 12/05/2016

Keller Williams Realty Mid-Willamette

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,678

Lot Details

Additional Features

  • Property is zoned SA/UF
  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$1,678

Lot Details

0

Listing Details

  • Property Category: Land
  • Property Type: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Legal Description: ACRES 50.19

Exterior Features

  • Lot Size: 50 to 99.99 Acres

Utilities

  • Utilities: Well

Schools

  • Elementary School: Battle Creek
  • Middle School: Crossler
  • High School: Sprague

Lot Info

  • Acres: 50.19
  • Zoning: SA/UF
  • Topography: Rolling Slope

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 1227.83
  • Assessor Parcel Number: R33427

MLS Schools

  • Elementary School: Battle Creek
  • High School: Sprague
  • Middle School: Crossler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
Jul 27, 2017
Sold by
Neuenschwander Frederick Lee and Neuenschwander Richard Ray
Bought by
Squirrel Hill Vineyard Llc
Seller's Agent
STEVE HELMS - Oregon Farm Broke
Keller Williams Realty Mid-Willamette
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$775,000
Sold Price
$640,000
Premium/Discount to List
-$135,000
-17.42%
Current Estimated Value
$1,053,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,263
Avg. Annual Appreciation
5.16%
Original Mortgage
$390,000
Outstanding Balance
$274,989
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
$683,982

Purchase Details

Closed on
Nov 21, 2014
Sold by
Dora Betty Ann
Bought by
Neunschwander Frederick Lee and Neuenschwander Richard Ray

Purchase Details

Closed on
Dec 8, 2010
Sold by
Neuenschwander Frederick
Bought by
Neuenschwander Frederick Lee and Neuenschwander Richard Ray
Source: Public Records

Range of Values:

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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
Squirrel Hill Vineyard Llc $640,000 Fidelity Natl Title Co Of Or
Neunschwander Frederick Lee $160,000 None Available
Neuenschwander Frederick Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Squirrel Hill Vineyard Llc $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $640,000 0.0% --
07/28/2017 07/28/17 Sold $640,000 -17.4% --
03/01/2017 03/01/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $775,000 -3.1% --
11/11/2015 11/11/15 For Sale $800,000 -- --
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 $1,678 $125,278 -- --
2023 $1,639 $121,758 $0 $0
2022 $1,545 $118,332 $0 $0
2021 $1,498 $115,000 $0 $0
2020 $1,503 $111,780 $0 $0
2019 $1,406 $108,660 $0 $0
2018 $1,419 $0 $0 $0
2017 $1,261 $0 $0 $0
2016 $1,191 $0 $0 $0
2015 $1,228 $0 $0 $0
2014 $1,221 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16639146

Regional Multiple Listing Service (RMLS)

APN: 533427