$745,000
SOLD JUL 23, 2013

8540 State St Salem, OR 97317

4 Beds
1 Bath
2,322 Sq Ft
163.88 Acres

Recently Sold

$321 Per Sq Ft

38% Below List Price

87 Days on Market

Highlights

  • Barn
  • 163.88 Acre Lot
  • Living Room with Fireplace
  • RV Access or Parking
  • Mountain View
  • Wood Flooring

About This Home

As of September 2014

This home is located at 8540 State St, Salem, OR 97317 and is currently priced at $745,000, approximately $320 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: 02/11/2013

Co-Listed By

Joe & Dana Giegerich

BELLA CASA REAL ESTATE GROUP-SILVERTON License #201004038

Last Buyer's Agent

JOE GIEGERICH

BELLA CASA REAL ESTATE GROUP-SILVERTON License #930500235 Listed on: 02/11/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,116

Year Built

  • Built in 1933

Lot Details

  • 163.88 Acre Lot
  • Fenced Yard
  • Landscaped
  • Irregular Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 2,322 Sq Ft Home
  • Wood Burning Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Workshop
  • First Floor Utility Room
  • Mountain Views
  • Basement Fills Entire Space Under The House
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Covered patio or porch
  • Shed
  • Shop

Schools

  • Bethel Elementary School
  • Houck Middle School
  • North Salem High School

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

  • Exclusions: W/D,Livestock Pannels,Turnout

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,116

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Dual Living: Possible
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Cross Street: Howell Prairie Rd
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Exclusions: W/D,Livestock Pannels,Turnout
  • Fireplace: Living Room, Wood
  • Negotiable Inclusions: Range, frig
  • Flooring: Carpet, Wood, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 1/Main
  • Bedroom 4: On Level: 1/Main
  • Additional Room: On Level: 1/Main
  • Basement: Full
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Mudroom, Workshop
  • Price Per Sq Ft: 320.84
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 516.8

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: Wht/Blu
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Barn, Shed, Separate Shop
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Mountain

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • Elementary School: Bethel
  • Middle School: Houck
  • High School: North Salem

Lot Info

  • Acres: 163.88
  • Estimated Lot Sq Ft: 7138613
  • Lot Type: Irregular
  • Price Per Acre: 7322.43
  • Rv Amenities: Area/Room For
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 11-12
  • Tax Account Number: R24653/R23674/R23
  • Tax Amount: 2116

MLS Schools

  • HighSchool: North Salem
  • Middle School: Houck
  • Elementary School: Bethel

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%
Current Estimated Value
$679,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,230
Avg. Annual Appreciation
9.47%
Original Mortgage
$200,000
Interest Rate
4.09%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $250,000 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $519,500 New Conventional
Closed $50,000 Credit Line Revolving
Closed $200,000 New Conventional
Previous Owner $59,000 Unknown
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: 660777

Willamette Valley MLS

APN: 523675