NOT LISTED FOR SALE

940 S 7th St Independence, OR 97351

Estimated Value: $366,000 - $518,000

0.74 Acre
$582,470 Price per Acre
32,234 Sq Ft Lot

Last Sold May 31, 2023

Last sale price $395,000 $514 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,446/month

27 Days on Market

About This Lot

As of May 2023

Opportunity to develop and own a private street with 5 duplex lots. Buyer to do due diligence. Was approved for duplexes or Single Family Homes. Private Road. The seller is a licensed real estate broker in the State of Oregon.

Last Agent to Sell the Property

ANTONIO GOMES

BALANCE REAL ESTATE License #201239602 Listed on: 03/01/2023

Last Buyer's Agent

Sabrina McCreery

RE/MAX INTEGRITY - SALEM License #201208060

RE/MAX INTEGRITY - SALEM

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $987

Lot Details

  • 0.74 Acre Lot
  • Property is zoned RM

Property Details

Property Type

Land

Est. Annual Taxes

$987

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Lot (Under 1 Acre)
  • Syndicated Remarks: Opportunity to develop and own a private street with 5 duplex lots. Buyer to do due diligence. Was approved for duplexes or Single Family Homes. Private Road. The seller is a licensed real estate broker in the State of Oregon.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 533783.78
  • Price Per Sq Ft: 12.2

Utilities

  • Water: City
  • Electricity: Available
  • Natural Gas: Yes
  • Sewer Available: Yes

Schools

  • Elementary School: Independence
  • Middle School: Talmadge
  • High School: Central

Lot Info

  • Acres: 0.74
  • Estimated Lot Sq Ft: 32375
  • Lot: .
  • Price Per Acre: 533783.78
  • Zoning: RM
  • Approved for Manufactured Home: Yes
  • Surveyed: Yes
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: 208073
  • Tax Amount: 987

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
May 23, 2023
Sold by
940 Property Llc
Bought by
Habitat For Humanity Of The Mid-Willamette Va
Seller's Agent
ANTONIO GOMES
BALANCE REAL ESTATE
Buyer's Agent
Sabrina McCreery
RE/MAX INTEGRITY - SALEM
List Price
$395,000
Sold Price
$395,000
Views
63
Current Estimated Value
$431,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,882
Avg. Annual Appreciation
0.59%

Purchase Details

Closed on
Jul 27, 2017
Sold by
Rosenthal Shirley Ann
Bought by
Spies Real Estate Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,300
Interest Rate
3.93%
Mortgage Type
Commercial
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
Habitat For Humanity Of The Mid-Willamette Va $395,000 First American Title
Spies Real Estate Group Llc $107,508 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spies Real Estate Group Llc $91,300
Previous Owner Rosenthal Shirley Ann $85,800
Previous Owner Rosenthal Shirley Ann $45,232
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $395,000 0.0% $514 / Sq Ft
03/01/2023 03/01/23 For Sale $395,000 -- $514 / 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 -- -- -- --
2024 -- -- -- --
2023 $987 $56,170 $56,170 $0
2022 $987 $54,540 $54,540 $0
2021 $1,793 $97,280 $57,190 $40,090
2020 $1,746 $94,450 $55,530 $38,920
2019 $1,700 $91,700 $53,910 $37,790
2018 $1,646 $89,030 $52,340 $36,690
2017 $1,637 $86,440 $50,820 $35,620
2016 $1,668 $83,930 $49,350 $34,580
2015 $1,602 $81,490 $47,920 $33,570
2014 $1,568 $79,120 $46,530 $32,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 802343

Willamette Valley MLS

APN: 208073