NOT LISTED FOR SALE

Estimated Value: $500,000 - $545,744

4 Beds
2 Baths
2,222 Sq Ft
$236/Sq Ft Est. Value

About This Home

This home is located at 975 Terrace Dr NW, Salem, OR 97304 and is currently estimated at $525,186, approximately $236 per square foot. 975 Terrace Dr NW is a home located in Polk County with nearby schools including Myers Elementary School, Walker Middle School, and West Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
Puentes Michael E
Bought by
Puentes Michael E and Puentes Allyson
Current Estimated Value
$525,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2016
Sold by
Foster Clara M
Bought by
Puentes Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2004
Sold by
Foster Clara M
Bought by
Foster Clara M and Bill D Foster Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Puentes Michael E -- Ticor Title
Puentes Michael E $180,000 First American Title
Foster Clara M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puentes Michael E $476,470
Closed Puentes Michael E $344,000
Closed Puentes Michael E $140,000
Previous Owner Puentes Michael E $143,000
Previous Owner Foster Clara M $138,000
Source: Public Records

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 $4,460 $243,790 $54,370 $189,420
2024 $4,460 $236,690 $52,790 $183,900
2023 $4,331 $229,800 $51,250 $178,550
2022 $4,192 $223,110 $49,760 $173,350
2021 $4,073 $216,620 $48,310 $168,310
2020 $3,952 $210,320 $46,900 $163,420
2019 $3,814 $204,200 $45,540 $158,660
2018 $3,751 $198,260 $44,210 $154,050
2017 $3,380 $192,490 $42,920 $149,570
2016 $3,300 $186,890 $41,670 $145,220
2015 $3,328 $181,450 $40,450 $141,000
2014 $3,180 $176,170 $39,270 $136,900
Source: Public Records

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