NOT LISTED FOR SALE

8444 Olney St SE Salem, OR 97317

Estimated Value: $608,000 - $726,050

3 Beds
1 Bath
1,510 Sq Ft
$442/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $641,000 $425 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,619/month

Highlights

  • Barn
  • 1 Fireplace
  • Cross Fenced
  • RV Access or Parking
  • High Speed Internet
  • Level Lot

About This Home

As of May 2021

18+ acres with room for lots of toys and animals. Nicely updated home with fireplace and all of this just minutes from town. Comfortable 3 Bed 1 Bath home with a barn and other out buildings. Possibilities are endless. 3 tax lots total in this sale, mostly fenced. New stainless steel appliances included. Co-broker related to seller.

Last Agent to Sell the Property

Laurie Cearley

Equity Oregon Real Estate License #200711148 Listed on: 03/03/2021

Co-Listed By

Taylor Watson

Equity Oregon Real Estate License #201225013

Last Buyer's Agent

Sammi Chen

MORE Realty License #201209317

MORE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,538

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • Cross Fenced
  • Level Lot
  • Property is zoned SA

Home Design

  • Slab Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Aluminum Window Frames
  • Security Lights

Parking

  • Workshop in Garage
  • Driveway
  • RV Access or Parking

Farming

  • Barn

Utilities

  • Heating System Uses Wood
  • Electric Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,538

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Ranch, 1 Story
  • Sq Ft Calculated: 1510
  • Sq Ft Approximate Total: 1510
  • Stories: 1
  • Year Built: 1952
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Kitchen Appliances: Microwave, Dishwasher, Disposal, Plumbed For Ice Maker, Free-Standing Range, Free-Standing Refrigerator, ENERGY STAR Qualified Appliances, Stainless Steel Appliance(s)
  • Legal Description: ACRES 18.3
  • Sq Ft Main Level: 1510
  • Bedrooms: 3
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 1
  • Basement: None
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1
  • Window Features: Aluminum Frames

Exterior Features

  • Exterior Description: Aluminum
  • Exterior Features: Barn(s), Fenced, RV Parking, Security Lights, Workshop, Cross Fenced, RV Hookup
  • Lot Size: 10-19.99AC
  • Roof Type: Composition
  • Foundation Details: Slab, Concrete Perimeter
  • R V Description: RV Parking, RV Hookup, RV/Boat Storage

Garage/Parking

  • Parking Description: Driveway

Utilities

  • Fuel Description: Electricity, Wood Burning
  • Hot Water: Electricity
  • Sewer: Septic Tank
  • Water Description: Private, Well
  • Heating Description: Forced Air, Heat Pump
  • Internet Service Type: Other, Wireless
  • Security: Security Lights

Lot Info

  • Lot Description: Level
  • Acres: 18.30
  • Zoning: SA

Tax Info

  • Tax Amount: 1357.18
  • Tax Deferral: Yes
  • Assessor Parcel Number: R30647
  • Assessor Parcel Number 2: R30634
  • Assessor Parcel Number 3: R30645
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
May 11, 2021
Sold by
Cearley Jeremy
Bought by
Zhen Tim T and Zhen Johnny M
Seller's Agent
Laurie Cearley
Equity Oregon Real Estate
Buyer's Agent
Sammi Chen
MORE Realty
List Price
$695,000
Sold Price
$641,000
Premium/Discount to List
-$54,000
-7.77%
Current Estimated Value
$667,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,025
Avg. Annual Appreciation
0.90%
Original Mortgage
$487,500
Outstanding Balance
$441,797
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$225,228

Purchase Details

Listed on
Sep 7, 2018
Closed on
Dec 20, 2018
Sold by
Deisner Richard and Estate Of Darlene Nash
Bought by
Cearley Jeremy
Seller's Agent
Carrie Corcoran
REALTY ONE GROUP WILLAMETTE VALLEY
Buyer's Agent
Rich Jones
PREMIERE PROPERTY GROUP, LLC
List Price
$449,900
Sold Price
$449,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.89%
Original Mortgage
$450,000
Interest Rate
4.9%
Mortgage Type
Commercial
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
Zhen Tim T $650,000 First American
Cearley Jeremy $449,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhen Tim T $487,500
Previous Owner Cearley Jeremy $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $641,000 -7.8% $425 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $695,000 +54.5% $460 / Sq Ft
12/21/2018 12/21/18 Sold $449,900 0.0% $298 / Sq Ft View Prior Sale
09/07/2018 09/07/18 For Sale $449,900 -- $298 / 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 $1,538 $129,451 -- --
2023 $1,503 $125,807 $0 $0
2022 $1,412 $122,267 $0 $0
2021 $1,393 $118,820 $0 $0
2020 $1,399 $115,490 $0 $0
2019 $1,332 $112,260 $0 $0
2018 $1,084 $0 $0 $0
2017 $1,055 $0 $0 $0
2016 $1,027 $0 $0 $0
2015 $1,001 $0 $0 $0
2014 $977 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Laurie Cearley

    Equity Oregon Real Estate

  • T

    Seller Co-Listing Agent in 2021

    Taylor Watson

    Equity Oregon Real Estate

    Section Image
  • Sammi Chen

    Buyer's Agent in 2021

    Sammi Chen

    MORE Realty

    (360) 628-2861

    101 Total Sales

    Sammi Chen
    Section Image
  • Carrie Corcoran

    Seller's Agent in 2018

    Carrie Corcoran

    REALTY ONE GROUP WILLAMETTE VALLEY

    (503) 949-0991

    79 Total Sales

    Carrie Corcoran
    Section Image
  • Marianne McNally

    Seller Co-Listing Agent in 2018

    Marianne McNally

    NEXTHOME REALTY CONNECTION

    (503) 409-4389

    57 Total Sales

    Marianne McNally
    Section Image
  • Rich Jones

    Buyer's Agent in 2018

    Rich Jones

    PREMIERE PROPERTY GROUP, LLC

    (503) 857-6969

    2 Total Sales

    Rich Jones
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21517145

Regional Multiple Listing Service (RMLS)

APN: 530647

Oregon Marion County Salem 97317

8444 Olney St SE, Salem, OR

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