NOT LISTED FOR SALE

878 Iva Ln NE Salem, OR 97317

Estimated Value: $505,585 - $540,000

3 Beds
2 Baths
1,596 Sq Ft
$328/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $398,000 $249 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,044/month

Highlights

  • RV Access or Parking
  • 1 Fireplace
  • Attached Garage
  • Wood Flooring
  • Private Yard
  • Patio

About This Home

As of November 2020

Fantastic ranch home with farmhouse charm located just outside of town on a quiet dead-end street. Great for entertaining, this large kitchen & dining room has room for everyone. Then exit through the dutch door to enjoy your time in the large backyard with a fantastic patio space, raised garden beds, chicken coop, and space for more! Then watch the sunset from your large picture window in the living room with a warm fire roaring. A perfect home for those looking for a little extra space!

Last Agent to Sell the Property

Cassandra Marks

Real Broker License #201225764 Listed on: 10/15/2020

Real Broker

Last Buyer's Agent

CHRIS ALDRICH

Windermere Heritage License #970400003

Windermere Heritage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,269

Year Built

  • Built in 1960

Lot Details

  • Poultry Coop
  • Fenced
  • Level Lot
  • Private Yard
  • Garden
  • Raised Garden Beds
  • Property is zoned AR

Parking

  • Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Lap Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Patio
  • Shed

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • Water Softener

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,269

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Ranch, 1 Story
  • Sq Ft Calculated: 1596
  • Sq Ft Approximate Total: 1596
  • Stories: 1
  • Year Built: 1960
  • Property Condition: Resale
  • Remarks Public: Fantastic ranch home with farmhouse charm located just outside of town on a quiet dead-end street. Great for entertaining, this large kitchen & dining room has room for everyone. Then exit through the dutch door to enjoy your time in the large backyard with a fantastic patio space, raised garden beds, chicken coop, and space for more! Then watch the sunset from your large picture window in the living room with a warm fire roaring. A perfect home for those looking for a little extra space!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 1.1
  • Total Bathrooms: 1.1
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Tile Floor, Water Softener, Wall to Wall Carpet, Wood Floors
  • Kitchen Appliances: Dishwasher, Island, Free-Standing Range, Free-Standing Refrigerator
  • Legal Description: Acres 0.45
  • Sq Ft Main Level: 1596
  • Bedrooms: 3
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Bathrooms Main Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 2

Exterior Features

  • Exterior Description: Cedar, Lap Siding, Shingle Siding
  • Exterior Features: Fenced, Garden, Patio, RV Parking, Tool Shed, Yard, Raised Beds, Poultry Coop
  • Lot Size: 15K-19,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • R V Description: RV Parking
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway

Utilities

  • Fuel Description: Electricity, Gas
  • Hot Water: Electricity
  • Sewer: Septic Tank
  • Water Description: Well
  • Heating Description: Forced Air

Schools

  • Elementary School: Chavez
  • Middle School: Stephens
  • High School: McKay

Lot Info

  • Lot Description: Level
  • Acres: 0.45
  • Zoning: AR

Tax Info

  • Tax Amount: 2811.63
  • Assessor Parcel Number: R23442
  • Tax Year: 2019

MLS Schools

  • Elementary School: Chavez
  • High School: McKay
  • Middle School: Stephens

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Nov 19, 2020
Sold by
Fennimore Katlyn
Bought by
Dorbaugh Togie Lawrence
Seller's Agent
Cassandra Marks
Real Broker
Buyer's Agent
CHRIS ALDRICH
Windermere Heritage
List Price
$379,000
Sold Price
$398,000
Premium/Discount to List
$19,000
5.01%
Current Estimated Value
$522,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,793
Avg. Annual Appreciation
5.76%
Original Mortgage
$398,000
Outstanding Balance
$354,163
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$168,630

Purchase Details

Listed on
Nov 3, 2015
Closed on
Mar 10, 2016
Sold by
Huber Greg L and Huber Michelle L
Bought by
Fennimore Katlyn
Buyer's Agent
JUSTIN SIMPSON
EXP REALTY, LLC
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%
Original Mortgage
$230,743
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2005
Sold by
Frye Gaylin E
Bought by
Huber Greg L and Huber Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac
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
Dorbaugh Togie Lawrence $398,000 Fidelity National Title
Drorbaugh Togie Lawrence $398,000 Fidelity National Title
Fennimore Katlyn $235,000 Fidelity Natl Title Co Of Or
Huber Greg L $185,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorbaugh Togie Lawrence $398,000
Previous Owner Fennimore Katlyn $230,743
Previous Owner Huber Greg L $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $398,000 +5.0% $249 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $379,000 +61.3% $237 / Sq Ft
03/10/2016 03/10/16 Sold $235,000 -2.1% $147 / Sq Ft
12/04/2015 12/04/15 Pending -- -- --
11/03/2015 11/03/15 For Sale $240,000 -- $150 / 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 $3,269 $225,630 -- --
2023 $3,101 $219,060 $0 $0
2022 $2,920 $212,680 $0 $0
2021 $2,893 $206,490 $0 $0
2020 $2,779 $200,480 $0 $0
2019 $2,727 $194,650 $0 $0
2018 $2,772 $0 $0 $0
2017 $2,459 $0 $0 $0
2016 $2,352 $0 $0 $0
2015 $2,196 $0 $0 $0
2014 $2,101 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cassandra Marks

    Seller's Agent in 2020

    Cassandra Marks

    Real Broker

    (503) 884-2387

    79 Total Sales

    Cassandra Marks
    Section Image
  • CHRIS ALDRICH

    Buyer's Agent in 2020

    CHRIS ALDRICH

    Windermere Heritage

    (503) 999-3049

    105 Total Sales

    CHRIS ALDRICH
    Section Image
  • JUSTIN SIMPSON

    Buyer's Agent in 2016

    JUSTIN SIMPSON

    EXP REALTY, LLC

    (503) 871-9762

    9 Total Sales

    JUSTIN SIMPSON
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20221217

Regional Multiple Listing Service (RMLS)

APN: 523442

Oregon Marion County Salem 97317

878 Iva Ln NE, Salem, OR

This home is located at 878 Iva Ln NE, Salem, OR 97317 since 15 October 2020 and is currently estimated at $522,793, approximately $327 per square foot. This property was built in 1960. 878 Iva Ln NE is a home located in Marion County with nearby schools including Chavez Elementary School, Stephens Middle School, and McKay 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.

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