NOT LISTED FOR SALE

8740 Wheatland Rd N Salem, OR 97303

Estimated Value: $1,052,055

6 Beds
4 Baths
3,314 Sq Ft
$317/Sq Ft Est. Value

Last Sold October 13, 2015

Last sale price $575,500 $174 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,285/month

222 Days on Market

Highlights

  • RV Access or Parking
  • Family Room with Fireplace
  • Covered patio or porch
  • 24 Acre Lot
  • Territorial View
  • Breakfast Area or Nook

About This Home

As of October 2015

Rare opportunity to own a working farm on the cusp of Keizer. 24 acres, custom built 6 bedroom, 4 full bath home. Both the family room and living room have a patio attached to each. There are two dining rooms. After working on the farm, you can come directly into the laundry/mudroom and walk into the adjacent bathroom and get all cleaned up. There is a large walk in pantry. Each floor has its own furnace. There is a woodworking shop with 3 bays attached for equipment or your toys. See attached docs for more

Last Agent to Sell the Property

TAMARA KENDALL

KNIPE REALTY ERA POWERED License #201012062 Listed on: 01/20/2015

Co-Listed By

RANDEY KENDALL

KNIPE REALTY ERA POWERED License #201208161

Last Buyer's Agent

Eric Larson

HOMESTAR BROKERS License #890600137

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,023

Year Built

  • Built in 1975

Lot Details

  • 24 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Property is zoned EFU

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 3,314 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Territorial Views

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Covered patio or porch
  • Shop

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Handicap Accessible
  • 5 Irrigated Acres

Listing and Financial Details

  • Exclusions: Wine Fridge,Pantry/Garage Racks,Dining Chandelier

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,023

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Dual Living: Possible
  • Handicap Amenities: Yes (Refer To Remarks)
  • Home Warranty: Negotiable
  • Range Facility: Electric
  • Syndicated Remarks: Rare opportunity to own a working farm on the cusp of Keizer. 24 acres, custom built 6 bedroom, 4 full bath home. Both the family room and living room have a patio attached to each. There are two dining rooms. After working on the farm, you can come directly into the laundry/mudroom and walk into the adjacent bathroom and get all cleaned up. There is a large walk in pantry. Each floor has its own furnace. There is a woodworking shop with 3 bays attached for equipment or your toys. See attached docs for more
  • Cross Street: Brooklake
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Wine Fridge,Pantry/Garage Racks,Dining Chandelier
  • Fireplace: Family Room
  • Negotiable Inclusions: Refrigerator, Window Treatments
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Number of Main Level Bathrooms: 2
  • Bedrooms: 6
  • Master Bedroom: Dimensions: 13x16.5, On Level: 2/Upper
  • Bedroom 2: Dimensions: 14.4x12.5, On Level: 2/Upper
  • Bedroom 3: Dimensions: 13x12.5, On Level: 2/Upper
  • Bedroom 4: Dimensions: 13x13, On Level: 2/Upper
  • Additional Room: Dimensions: See Add Doc
  • Dining Room: 1/Main, Dimensions: 11.2x12.5, On Level: 1/Main
  • Family Room: Dimensions: 13x25.3, On Level: 1/Main
  • Living Room: Dimensions: 13x25.3, On Level: 1/Main
  • Kitchen: Dimensions: 10x15.5, On Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook, Walk-In Pantry
  • Price Per Sq Ft: 173.66
  • Source Of Sq Ft: Fee
  • Price Per Sq Ft: 176.67

Exterior Features

  • Patio: Covered Patio, Patio
  • Exterior Color: Tan
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Separate Shop
  • Roof: Composition
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Heat Pump, Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: Well
  • Water Heater: Gas

Schools

  • Elementary School: Forest Ridge
  • Middle School: Whiteaker
  • High School: McNary

Lot Info

  • Acres: 24
  • Irrigated Acres: 5
  • Price Per Acre: 24395.83
  • Rv Amenities: Area/Room For
  • Zoning: EFU
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 14/15
  • Tax Account Number: R19503
  • Tax Amount: 3023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2016
Sold by
Schaadt Michael and Schaadt Fumi
Bought by
Schaadt Michael A and Schaadt Fumi H
Total Days on Market
222
Current Estimated Value
$1,052,055

Purchase Details

Closed on
Jan 4, 2016
Sold by
Schaadt Michael and Schaadt Fumi
Bought by
Schaadt Michael and Schaadt Fumi

Purchase Details

Listed on
Jan 20, 2015
Closed on
Oct 8, 2015
Sold by
Rakonczay Jane
Bought by
Schaadt Michael and Schaadt Fumi
Seller's Agent
TAMARA KENDALL
KNIPE REALTY ERA POWERED
Buyer's Agent
Eric Larson
HOMESTAR BROKERS
List Price
$599,900
Sold Price
$575,500
Premium/Discount to List
-$24,400
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$330,000
Outstanding Balance
$203,753
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$901,336
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
Schaadt Michael A -- None Available
Schaadt Michael -- None Available
Schaadt Michael $575,500 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaadt Michael A $50,000
Open Schaadt Michael $330,000
Previous Owner Rakonczay Jane $153,000
Previous Owner Rakonczay Jane $50,000
Previous Owner Rakonczay Jane $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2015 10/13/15 Sold $575,500 -4.1% $174 / Sq Ft
08/30/2015 08/30/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $599,900 -- $181 / 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 $4,565 $315,022 -- --
2023 $4,331 $305,967 $0 $0
2022 $4,080 $297,182 $0 $0
2021 $4,045 $288,650 $0 $0
2020 $3,769 $280,360 $0 $0
2019 $3,816 $272,330 $0 $0
2018 $3,867 $0 $0 $0
2017 $3,526 $0 $0 $0
2016 $2,977 $0 $0 $0
2015 $3,255 $0 $0 $0
2014 $3,117 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 685342

Willamette Valley MLS

APN: 519503