NOT LISTED FOR SALE

996 Terrace Dr NW Salem, OR 97304

West Salem Neighborhood

Estimated Value: $412,000 - $438,000

4 Beds
2 Baths
2,104 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 02, 2020

Last sale price $305,000 $145 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,556/month

46 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • High Speed Internet
  • Territorial View
  • Landscaped
  • Partially Fenced Property

About This Home

As of June 2020

Beautifully updated home more often found at a higher price point. Great room floor plan. Gourmet kitchen and espresso cabinets, granite and tile counters and stainless steel appliances. Tile floors in bathroom. Contemporary style backyard with territorial view to the SE.

Last Agent to Sell the Property

Amy McLeod

KELLER WILLIAMS CAPITAL CITY License #910800026 Listed on: 02/24/2020

KELLER WILLIAMS CAPITAL CITY

Last Buyer's Agent

Gary Bauer

KNIPE REALTY ERA POWERED License #970100071

KNIPE REALTY ERA POWERED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,647

Year Built

  • Built in 1962

Lot Details

  • 5,949 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot
  • Sprinkler System
  • Property is zoned RS

Home Design

  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 2,104 Sq Ft Home
  • Territorial Views
  • Natural lighting in basement

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,647

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Warranty: Yes
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Beautifully updated home more often found at a higher price point. Great room floor plan. Gourmet kitchen and espresso cabinets, granite and tile counters and stainless steel appliances. Tile floors in bathroom. Contemporary style backyard with territorial view to the SE.
  • Cross Street: Parkway Dr
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Negotiable Inclusions: WDW Coverings & Range
  • Flooring: Carpet, Wood, Tile
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Basement: Daylight
  • Price Per Sq Ft: 144.96
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 142.59

Exterior Features

  • Patio: Deck
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Vinyl
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Gas

Schools

  • Elementary School: Myers
  • Middle School: Walker
  • High School: West Salem

Lot Info

  • Acres: 0.14
  • Estimated Lot Sq Ft: 5949
  • Lot Type: Irregular
  • Price Per Acre: 2142857.14
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 4
  • Assessor Parcel Number: 252360
  • Tax Years: 2019
  • Tax Account Number: 252360
  • Tax Amount: 2647

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Jun 2, 2020
Sold by
Watson Chad N and Watson Sarah A
Bought by
Tehama Tamecia Nikole
Seller's Agent
Amy McLeod
KELLER WILLIAMS CAPITAL CITY
Buyer's Agent
Gary Bauer
KNIPE REALTY ERA POWERED
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%
Current Estimated Value
$425,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,075
Avg. Annual Appreciation
6.49%
Original Mortgage
$302,609
Outstanding Balance
$271,647
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$152,825

Purchase Details

Closed on
Nov 28, 2005
Sold by
Salter Morris A
Bought by
Watson Chad N and Watson Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2004
Sold by
Salter Morris A
Bought by
The Sam Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,600
Interest Rate
5.25%
Mortgage Type
Unknown
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
Tehama Tamecia Nikole $305,000 Amerititle
Watson Chad N $161,000 Amerititle
The Sam Trust -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tehama Temecia Nikole $73,500
Open Tehama Tamecia Nikole $302,609
Previous Owner Watson Chad N $50,000
Previous Owner Watson Chad N $227,000
Previous Owner Watson Chad N $224,000
Previous Owner Watson Sarah A $15,000
Previous Owner Watson Chad N $208,000
Previous Owner Watson Chad N $200,000
Previous Owner Salter Morris A $126,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2020 06/02/20 Sold $305,000 0.0% $145 / Sq Ft
04/10/2020 04/10/20 Pending -- -- --
03/11/2020 03/11/20 Off Market $305,000 -- --
02/24/2020 02/24/20 For Sale $300,000 -- $143 / 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 $3,095 $169,170 $49,670 $119,500
2024 $3,095 $164,250 $48,230 $116,020
2023 $3,006 $159,470 $46,820 $112,650
2022 $2,909 $154,830 $45,450 $109,380
2021 $2,826 $150,330 $44,130 $106,200
2020 $2,743 $145,960 $42,840 $103,120
2019 $2,647 $141,710 $41,590 $100,120
2018 $2,603 $137,590 $40,380 $97,210
2017 $2,346 $133,590 $39,210 $94,380
2016 $2,290 $129,700 $38,070 $91,630
2015 $2,310 $125,930 $36,960 $88,970
2014 $2,207 $122,270 $35,890 $86,380
Source: Public Records

Agents Affiliated with this Home

  • Amy McLeod

    Seller's Agent in 2020

    Amy McLeod

    KELLER WILLIAMS CAPITAL CITY

    (971) 208-5093

    31 in this area

    304 Total Sales

    Amy McLeod
    Section Image
  • Gary Bauer

    Buyer's Agent in 2020

    Gary Bauer

    KNIPE REALTY ERA POWERED

    (503) 932-0975

    6 in this area

    46 Total Sales

    Gary Bauer
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 760530

Willamette Valley MLS

APN: 252360

Oregon Polk County Salem 97304 West Salem

996 Terrace Dr NW, Salem, OR

This home is located at 996 Terrace Dr NW, Salem, OR 97304 since 24 February 2020 and is currently estimated at $425,075, approximately $202 per square foot. This property was built in 1962. 996 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.

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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