NOT LISTED FOR SALE

878 Limelight Ave NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $391,834 - $397,000

2 Beds
2.5 Baths
1,590 Sq Ft
$249/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $220,000 $138 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,459/month

103 Days on Market

Highlights

  • Newly Remodeled
  • 1 Car Attached Garage
  • Zero Lot Line
  • Den
  • Covered Deck
  • Forced Air Heating System

About This Home

As of December 2016

New home in desirable W. Salem neighborhood. Great room design with laminate flooring, kitchen with island & pantry, master w/view porch, oil rubbed bronze fixtures, painted trim, listing agent related to seller & seller has active real estate license.

Last Agent to Sell the Property

Matt Willcuts

WILLCUTS COMPANY REAL ESTATE License #940400135 Listed on: 06/21/2016

Last Buyer's Agent

Amy Steele

HOMESTAR BROKERS License #200502294

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $523

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 2,365 Sq Ft Lot
  • Zero Lot Line

Parking

  • 1 Car Attached Garage

Home Design

  • Tri-Level Property
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,590 Sq Ft Home
  • Den
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Deck

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 70

Home Details

Home Type

Single Family

Est. Annual Taxes

$523

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 3 Tri-Level
  • New Construction: Yes
  • Range Facility: Microwave Included, Range Included
  • Syndicated Remarks: New home in desirable W. Salem neighborhood. Great room design with laminate flooring, kitchen with island & pantry, master w/view porch, oil rubbed bronze fixtures, painted trim, listing agent related to seller & seller has active real estate license.
  • Cross Street: Gehlar
  • Year Built: 2016
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Disposal: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: .5
  • Number of Lower Level Bathrooms: .5
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 12x13, On Level: 2/Upper
  • Bedroom 2: Dimensions: 10x11, On Level: 2/Upper
  • Additional Room: Dimensions: 9x13, On Level: Lower/Basement
  • Basement: Finished
  • Dining Room: 1/Main, Dimensions: 10x11, On Level: 1/Main
  • Living Room: Dimensions: 13x13, On Level: 1/Main
  • Kitchen: Dimensions: 9x12, On Level: 1/Main
  • Bonus Rooms: Den
  • Price Per Sq Ft: 138.36
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 141.45

Exterior Features

  • Patio: Covered Deck
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Electric, Forced Air
  • Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • Homeowners Assn: Association With No Fee

Schools

  • Elementary School: Chapman Hill
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 0.05
  • Estimated Lot Sq Ft: 2365
  • Lot: 70
  • Lot Type: Zero Lot Line
  • Price Per Acre: 4498000
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2015-2016
  • Tax Account Number: 570446
  • Tax Amount: 523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Hamm Jackie Celeste
Bought by
Miller Forrest James
Current Estimated Value
$395,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Outstanding Balance
$195,968
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$199,241

Purchase Details

Listed on
Jun 21, 2016
Closed on
Oct 17, 2016
Sold by
Del Boca Vista Llc
Bought by
Hamm Jackie Celeste and Miller Forrest James
Seller's Agent
Matt Willcuts
WILLCUTS COMPANY REAL ESTATE
Buyer's Agent
Amy Steele
HOMESTAR BROKERS
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$216,015
Interest Rate
3.5%
Mortgage Type
FHA
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
Miller Forrest James $190,000 Old Republic Title
Hamm Jackie Celeste $220,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Forrest James $199,500
Previous Owner Hamm Jackie Celeste $216,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $220,000 -2.2% $138 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $224,900 -- $141 / 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 $4,363 $238,450 $59,440 $179,010
2024 $4,363 $231,510 $57,710 $173,800
2023 $4,236 $224,770 $56,020 $168,750
2022 $4,101 $218,230 $54,390 $163,840
2021 $3,984 $211,880 $52,810 $159,070
2020 $3,865 $205,710 $51,270 $154,440
2019 $3,730 $199,720 $49,770 $149,950
2018 $3,669 $193,910 $48,320 $145,590
2017 $3,306 $188,270 $46,910 $141,360
2016 $721 $41,200 $41,200 $0
2015 $523 $30,000 $30,000 $0
2014 $547 $30,600 $30,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 706199

Willamette Valley MLS

APN: 570446