NOT LISTED FOR SALE

8771 Hopewell Rd NW Salem, OR 97304

Spring Valley Neighborhood

Estimated Value: $693,000 - $1,062,000

5 Beds
3 Baths
2,592 Sq Ft
$325/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $385,000 $149 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,692/month

101 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • Wood Burning Stove
  • 5.12 Acre Lot
  • Deck
  • Family Room with Fireplace

About This Home

As of September 2014

This home is located at 8771 Hopewell Rd NW, Salem, OR 97304 since 02 May 2014 and is currently estimated at $842,172, approximately $324 per square foot. This property was built in 1969. 8771 Hopewell Rd NW is a home located in Polk County with nearby schools including Brush College Elementary School, Straub Middle School, and West Salem High School.

Last Agent to Sell the Property

LESLIE NICHOLAS

BERKSHIRE HATHAWAY HOMESERVICES NORTHWEST REAL ESTATE License #201206642 Listed on: 05/02/2014

BERKSHIRE HATHAWAY HOMESERVICES NORTHWEST REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,384

Year Built

  • Built in 1969

Lot Details

  • 5.12 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot
  • Sprinkler System
  • Property is zoned FF

Home Design

  • Tile Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Lower Floor Utility Room
  • Mountain Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Carport
  • RV Access or Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Shop

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block M&B / M&B

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,384

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Electric, Built-In
  • Syndicated Remarks: Breathtaking views of the Cascade Mountains from living room. Amazing Trex deck with covered patio. This home is extremely clean and very well taken care of with updated kitchen with granite counters. This 5 acre parcel has an income producing cherry orchard and a 3+ bay shop. You must view this property to fully appreciate.
  • Cross Street: Wallace RD NW
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Family Room
  • Negotiable Inclusions: Refrigerator, W/D
  • Wood Burning Stove: Certification Unknown
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Number of Main Level Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 5
  • Master Bedroom: Dimensions: 13x10, On Level: 1/Main
  • Bedroom 2: Dimensions: 10x9, On Level: 1/Main
  • Bedroom 3: Dimensions: 15x9, On Level: 1/Main
  • Bedroom 4: Dimensions: 11x10, On Level: Lower/Basement
  • Additional Room: Dimensions: 10x10, On Level: Lower/Basement
  • Basement: Daylight, Finished
  • Dining Room: 1/Main, Dimensions: 10x9, On Level: 1/Main
  • Family Room: Dimensions: 23x20, On Level: Lower/Basement
  • Living Room: Dimensions: 21x12, On Level: 1/Main
  • Kitchen: Dimensions: 10x10, On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Price Per Sq Ft: 148.53
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 154.28

Exterior Features

  • Patio: Covered Patio, Deck
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed, Separate Shop
  • Roof: Tile
  • Siding: Cedar
  • Siding Style: Lap
  • View: Mountain

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric, Heat Pump
  • High Speed Comm Access: Unknown
  • Sewer City: Yes
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Brush College
  • Middle School: Straub
  • High School: West Salem

Lot Info

  • Acres: 5.12
  • Estimated Lot Sq Ft: 223027
  • Lot: M&B
  • Lot Type: Irregular
  • Price Per Acre: 78105.47
  • Rv Amenities: Area/Room For
  • Underground Sprinklers: Yes
  • Zoning: FF
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2013
  • Tax Account Number: 276128,276102
  • Tax Amount: 2384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2014
Closed on
Sep 24, 2014
Sold by
Miller Benny Ray
Bought by
Lewis Timothy R and Lewis Kaylee S
Seller's Agent
LESLIE NICHOLAS
BERKSHIRE HATHAWAY HOMESERVICES NORTHWEST REAL ESTATE
List Price
$475,000
Sold Price
$385,000
Premium/Discount to List
-$90,000
-18.95%
Current Estimated Value
$842,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,172
Avg. Annual Appreciation
7.32%
Original Mortgage
$346,500
Outstanding Balance
$264,778
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$577,394
Source: Public Records

Range of Values:

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Average Value
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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
Lewis Timothy R $385,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Timothy R $346,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2014 09/26/14 Sold $385,000 -18.9% $149 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $475,000 -- $183 / 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
2025 $2,884 $245,313 $50,813 $194,500
2024 $2,884 $239,638 $50,798 $188,840
2023 $2,834 $234,123 $50,783 $183,340
2022 $2,752 $228,769 $50,769 $178,000
2021 $2,682 $223,575 $50,755 $172,820
2020 $2,620 $218,211 $50,421 $167,790
2019 $2,525 $211,988 $49,078 $162,910
2018 $2,480 $205,935 $47,765 $158,170
2017 $2,162 $200,063 $46,493 $153,570
2016 $2,120 $194,361 $45,251 $149,110
2015 $2,131 $192,829 $48,949 $143,880
2014 $2,068 $187,338 $47,638 $139,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    LESLIE NICHOLAS

    BERKSHIRE HATHAWAY HOMESERVICES NORTHWEST REAL ESTATE

    (503) 930-1926

    16 Total Sales

    LESLIE NICHOLAS
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Map

Source: Willamette Valley MLS

MLS Number: 676159

Willamette Valley MLS

APN: 276128

Oregon Polk County Salem 97304 Spring Valley

8771 Hopewell Rd NW, Salem, OR

This home is located at 8771 Hopewell Rd NW, Salem, OR 97304 since 02 May 2014 and is currently estimated at $842,172, approximately $324 per square foot. This property was built in 1969. 8771 Hopewell Rd NW is a home located in Polk County with nearby schools including Brush College Elementary School, Straub Middle School, and West Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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