NOT LISTED FOR SALE

885 Thompson Ave NE Salem, OR 97301

Northeast Neighbors Neighborhood

Estimated Value: $328,000 - $350,000

2 Beds
1 Bath
1,026 Sq Ft
$326/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2016

Last sale price $172,500 $168 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,982 / mo

4 Days on Market

Highlights

  • RV Access or Parking
  • Mud Room
  • Fenced Yard
  • Wood Flooring
  • First Floor Utility Room
  • 2 Car Detached Garage

About This Home

As of June 2016

Adorable Cottage in Central Salem. Well maintained w/lots of character. Functional floorplan w/modern décor, wood floors, large windows, updated bath, French Doors to patio & so much more. Gorgeous fenced backyard w/tons of color, shade, privacy & a fire pit. Alley access w/room for RV & double garage.

Last Agent to Sell the Property

CHRIS ALDRICH

WINDERMERE HERITAGE License #970400003 Listed on: 05/12/2016

WINDERMERE HERITAGE

Last Buyer's Agent

OLIVIA AUGUSTUS

BST REALTY, LLC-KEIZER License #201252557

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,953

Year Built

  • Built in 1946

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • Fenced Yard
  • Landscaped
  • Property is zoned RS

Home Design

  • Composition Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Mud Room
  • First Floor Utility Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,953

Year Built

Built in 1946

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Adorable Cottage in Central Salem. Well maintained w/lots of character. Functional floorplan w/modern décor, wood floors, large windows, updated bath, French Doors to patio & so much more. Gorgeous fenced backyard w/tons of color, shade, privacy & a fire pit. Alley access w/room for RV & double garage.
  • Cross Street: D St
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Negotiable Inclusions: refrig, range, window coverings
  • Flooring: Wood, Tile
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 10 x 12.9, On Level: 1/Main
  • Bedroom 2: Dimensions: 10 x 12.9, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 14.3 x 10.5, On Level: 1/Main
  • Living Room: Dimensions: 14.3 x 12.5, On Level: 1/Main
  • Kitchen: Dimensions: 8.2 x 14, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Mudroom
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Exterior Color: Cream
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Shake, Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Baseboard, Zonal
  • Water: City
  • Water Heater: Electric

Lot Info

  • Acres: 0.14
  • Estimated Lot Dimensions: 50 x 130
  • Estimated Lot Sq Ft: 6098
  • Lot: 2
  • Lot Type: Dimension Above
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2015
  • Tax Amount: 1953

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Jun 28, 2016
Sold by
Knudson Mitchell A and Knudson Nicolle
Bought by
Mendes Walter P and Mendes Kathleen F
Seller's Agent
CHRIS ALDRICH
WINDERMERE HERITAGE
Buyer's Agent
OLIVIA AUGUSTUS
BST REALTY, LLC-KEIZER
List Price
$165,000
Sold Price
$172,500
Premium/Discount to List
$7,500
4.55%
Current Estimated Value
$331,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,462
Avg. Annual Appreciation
6.98%
Original Mortgage
$155,250
Outstanding Balance
$123,267
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$211,026

Purchase Details

Closed on
May 10, 2006
Sold by
Creadick Anne E
Bought by
Knudson Mitchell A and Ettel Nicolle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 18, 2003
Sold by
Bender Helen E
Bought by
Creadick Anne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,120
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mendes Walter P $172,500 Ticor Title Company Of Or
Knudson Mitchell A $145,000 Fidelity Natl Title Co Of Or
Creadick Anne E $96,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendes Walter P $155,250
Previous Owner Knudson Mitchell A $145,000
Previous Owner Creadick Anne E $93,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $172,500 +4.5% $168 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $165,000 -- $161 / Sq Ft
Source: Willamette Valley MLS

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 $2,661 $139,580 -- --
2024 $2,661 $135,520 -- --
2023 $2,583 $131,580 $0 $0
2022 $2,435 $127,750 $0 $0
2021 $2,365 $124,030 $0 $0
2020 $2,296 $120,420 $0 $0
2019 $2,216 $116,920 $0 $0
2018 $2,255 $0 $0 $0
2017 $2,035 $0 $0 $0
2016 $1,939 $0 $0 $0
2015 $1,953 $0 $0 $0
2014 $1,891 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • CHRIS ALDRICH

    Seller's Agent in 2016

    CHRIS ALDRICH

    WINDERMERE HERITAGE

    (503) 999-3049

    9 in this area

    114 Total Sales

    CHRIS ALDRICH
    Section Image

  • O

    Buyer's Agent in 2016

    OLIVIA AUGUSTUS

    BST REALTY, LLC-KEIZER

    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 704232

Willamette Valley MLS

APN: 567455

Oregon Marion County Salem 97301 Northeast Neighbors

885 Thompson Ave NE, Salem, OR

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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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