NOT LISTED FOR SALE

925 Lancaster Dr SE Salem, OR 97317

Meadowlawn Neighborhood

Estimated Value: $488,000 - $530,970

3 Beds
1.5 Baths
1,608 Sq Ft
$318/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $172,500 $107 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $3,121/month

321 Days on Market

Highlights

  • Wood Burning Stove
  • Mud Room
  • 3 Car Attached Garage
  • Wood Flooring
  • First Floor Utility Room
  • Patio

About This Home

As of December 2015

Older home with hardwood floors, one brick fireplace and one woodburning stove as backup heat sources, newer gas furnace and an oversized garage great for the hobbiest or professional. Great exposure to 35,00 vehicles daily on Lancaster. Perfect for home business or ready for zone change for commercial use. Upside is clearly available for the creative buyer.

Last Agent to Sell the Property

Mitch Teal

COMMERCIAL INVESTMENT ASSOC INC License #790500062 Listed on: 02/03/2015

Last Buyer's Agent

Mitch Teal

COMMERCIAL INVESTMENT ASSOC INC License #790500062 Listed on: 02/03/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,018

Year Built

  • Built in 1956

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 90x210
  • Partially Fenced Property
  • Property is zoned RS

Parking

  • 3 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 1,608 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Mud Room
  • First Floor Utility Room

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Well
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,018

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Older home with hardwood floors, one brick fireplace and one woodburning stove as backup heat sources, newer gas furnace and an oversized garage great for the hobbiest or professional. Great exposure to 35,00 vehicles daily on Lancaster. Perfect for home business or ready for zone change for commercial use. Upside is clearly available for the creative buyer.
  • Cross Street: Munkers
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Disposal: Yes
  • Negotiable Inclusions: Firewood & metal storage bldgs
  • Wood Burning Stove: Certification Unknown
  • Flooring: Carpet, Wood, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number of Main Level Bathrooms: 1.5
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Additional Room: On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Mudroom
  • Price Per Sq Ft: 107.28
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 111.94

Exterior Features

  • Patio: Patio
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Shake, Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Heating/Cooling: Gas, Wood, Forced Air
  • High Speed Comm Access: Unknown
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Mary Eyre
  • Middle School: Houck
  • High School: North Salem

Lot Info

  • Acres: 0.34
  • Estimated Lot Dimensions: 90x210
  • Estimated Lot Sq Ft: 14810
  • Price Per Acre: 529411.76
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2013
  • Tax Account Number: R24362
  • Tax Amount: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2015
Closed on
Dec 16, 2015
Sold by
White Cynthia L
Bought by
Pacific Trade & Development Llc
Seller's Agent
Mitch Teal
COMMERCIAL INVESTMENT ASSOC INC
Buyer's Agent
Mitch Teal
COMMERCIAL INVESTMENT ASSOC INC
List Price
$180,000
Sold Price
$172,500
Premium/Discount to List
-$7,500
-4.17%
Current Estimated Value
$502,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,862
Avg. Annual Appreciation
11.55%

Purchase Details

Closed on
Feb 26, 2004
Sold by
Snyder Terry Wayne
Bought by
White Allen R and White Cynthia L
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
Pacific Trade & Development Llc $172,500 Amerititle
White Allen R $120,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Prime Investment Group Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2015 12/21/15 Sold $172,500 -4.2% $107 / Sq Ft
12/21/2015 12/21/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $180,000 -- $112 / 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 $4,613 $287,990 -- --
2023 $4,378 $279,610 $0 $0
2022 $4,126 $271,470 $0 $0
2021 $4,086 $263,570 $0 $0
2020 $3,826 $255,900 $0 $0
2019 $3,859 $248,450 $0 $0
2018 $3,898 $0 $0 $0
2017 $3,371 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mitch Teal

    COMMERCIAL INVESTMENT ASSOC INC

See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 685816

Willamette Valley MLS

APN: 524362

Oregon Marion County Salem 97317 Meadowlawn

925 Lancaster Dr SE, Salem, OR

This home is located at 925 Lancaster Dr SE, Salem, OR 97317 since 03 February 2015 and is currently estimated at $510,743, approximately $317 per square foot. This property was built in 1956. 925 Lancaster Dr SE is a home located in Marion County with nearby schools including Four Corners Elementary School, Houck Middle School, and South 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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