NOT LISTED FOR SALE

8540 State St Salem, OR 97317

Estimated Value: $595,950 - $739,000

3 Beds
1 Bath
1,711 Sq Ft
$390/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $250,000 $146 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $3,890/month

294 Days on Market

Highlights

  • Barn
  • Mountain View
  • Living Room with Fireplace
  • RV Access or Parking
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of September 2014

This home is located at 8540 State St, Salem, OR 97317 since 12 November 2013 and is currently estimated at $667,475, approximately $390 per square foot. This property was built in 1933. 8540 State St is a home located in Marion County with nearby schools including Miller Elementary School, Houck Middle School, and North Salem High School.

Last Agent to Sell the Property

JOE GIEGERICH

BELLA CASA REAL ESTATE GROUP-SILVERTON License #930500235 Listed on: 11/12/2013

Co-Listed By

Joe & Dana Giegerich

BELLA CASA REAL ESTATE GROUP-SILVERTON License #201004038

Last Buyer's Agent

Valerie Boen-Kofstad

HARCOURTS SILVERTON License #200106106

HARCOURTS SILVERTON

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,185

Year Built

  • Built in 1933

Lot Details

  • 3.75 Acre Lot
  • Fenced Yard
  • Irregular Lot

Property Views

  • Mountain
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,711 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Workshop
  • First Floor Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Covered Deck
  • Shed
  • Shop

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,185

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Dual Living: Possible
  • Home Warranty: Yes
  • Range Facility: Electric
  • Syndicated Remarks: Priced to sell, 3.75 acre homestead on East edge of Salem, Charming 1711 sf Craftsman Home with full basement, fenced & cross fenced pasture, 30x45 barn with full loft. 21x16 shop. 3 bay equipment bldg & 2 car garage. Excellent water well. Newer Septic System. Covered porch - freshly painted in & out with Home Warranty.
  • Cross Street: Howell Prairie
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Living Room, Wood
  • Wood Burning Stove: Certification Unknown
  • Flooring: Carpet, Wood, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Additional Room: Dimensions: 928 sfBsmnt
  • Basement: Full, Unfinished
  • Dining Room: 1/Main, On Level: 1/Main
  • Family Room: Dimensions: Combo, On Level: 2/Upper
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook, Workshop
  • Price Per Sq Ft: 146.11
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 166.57

Exterior Features

  • Patio: Covered Deck
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Out Buildings: Barn, Shed, Separate Shop
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Mountain, Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Electric, Wood, Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Four Corners
  • Middle School: Houck
  • High School: Silverton

Lot Info

  • Acres: 3.75
  • Lot Type: Irregular
  • Price Per Acre: 76000
  • Rv Amenities: Area/Room For
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 13-14
  • Tax Account Number: R23675
  • Tax Amount: 1185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2013
Closed on
Sep 25, 2014
Sold by
Johnson Steven E
Bought by
Hall Patrick and Hall Rachael
Seller's Agent
JOE GIEGERICH
BELLA CASA REAL ESTATE GROUP-SILVERTON
Buyer's Agent
Valerie Boen-Kofstad
HARCOURTS SILVERTON
List Price
$355,000
Sold Price
$250,000
Premium/Discount to List
-$105,000
-29.58%
Total Days on Market
294
Current Estimated Value
$667,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,475
Avg. Annual Appreciation
9.95%
Original Mortgage
$200,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2001
Sold by
Johnson Patricia J
Bought by
Johnson Patricia J and Patricia J Johnson Trust
Source: Public Records

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Range of Values:

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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
Hall Patrick $250,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Patrick $519,500
Closed Hall Patrick $50,000
Closed Hall Patrick $200,000
Previous Owner Johnson Steven E $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $250,000 -29.6% $146 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
11/12/2013 11/12/13 For Sale $355,000 -52.3% $207 / Sq Ft
07/23/2013 07/23/13 Sold $745,000 -37.9% $321 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $1,200,000 -- $517 / 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
2024 $1,715 $118,346 -- --
2023 $1,628 $115,024 $0 $0
2022 $1,535 $111,804 $0 $0
2021 $1,523 $108,670 $0 $0
2020 $1,227 $91,280 $0 $0
2019 $1,243 $88,740 $0 $0
2018 $1,265 $0 $0 $0
2017 $1,124 $0 $0 $0
2016 $1,077 $0 $0 $0
2015 $1,068 $0 $0 $0
2014 $1,023 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 670856

Willamette Valley MLS

APN: 523675