NOT LISTED FOR SALE

Salem, OR 97302

Salem Hills Neighborhood

Estimated Value: $3,934,007

9 Beds
15 Baths
17,149 Sq Ft
$229/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $3,950,000 $230 Per Sq Ft

Current estimated payment $24,552/month

271 Days on Market

Highlights

  • Custom Home
  • 9.4 Acre Lot
  • No HOA
  • View of Trees or Woods
  • 9 Fireplaces
  • 6 Car Attached Garage

About This Home

As of April 2022

Magnificent, 3-sty stone chateau on 9.4 acres. Beautiful, formal gardens w/ fountains, patios, outdoor kit. 2-story grand foyer, sweeping dbl staircase. Indoor pool w/spa. 9 brm suites. Gourmet kit, fp, high end appls, 2 islands. 11 fps. Billards rm, library, den, formal liv rm, gym, party rm w/ bar & dance flr. Next to Salem airport, country club & amenities. Incred opp for entertaining & living luxe lifestyle.

Last Agent to Sell the Property

Johnny Zukle

HomeSmart Realty Group License #201218163 Listed on: 05/28/2021

HomeSmart Realty Group

Last Buyer's Agent

Kendra Ratcliff

LUXE Forbes Global Properties License #921000087

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,663

Year Built

  • Built in 1990

Lot Details

  • 9.4 Acre Lot
  • Gentle Sloping Lot
  • Property is zoned SA

Parking

  • 6 Car Attached Garage

Home Design

  • Custom Home
  • French Country Architecture
  • Shingle Roof
  • Stone Siding
  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 17,149 Sq Ft Home
  • 3-Story Property
  • 9 Fireplaces
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Views of Woods
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms

Schools

  • Schirle Elementary School
  • Crossler Middle School
  • Sprague High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Water Source
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 532486

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,663

Year Built

Built in 1990

Lot Details

0

Parking

6

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Year Built: 1990
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: CountryFrench, CustomStyle
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 7.8
  • Fireplaces: 9
  • Basement: FullBasement
  • Full Bathrooms: 7
  • Half Bathrooms: 8
  • Total Bedrooms: 9
  • Fireplace Features: Gas
  • Fireplace: Yes
  • BathroomsFullUpperLevel: 7
  • BathroomsPartialMainLevel: 6
  • BathroomsPartialUpperLevel: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.6
  • BathroomsTotalUpperLevel: 7.2
  • Lot Size Range: Acres7to10
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Stone,Stucco
  • Lot Size: 7 to 9.99 Acres
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: GentleSloping
  • Road Surface Type: Concrete
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Shingle
  • View: TreesWoods

Garage/Parking

  • Garage Type: Attached
  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Total Parking Spaces: 6.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Schirle
  • High School: Sprague
  • Middle Or Junior School: Crossler

Lot Info

  • Zoning: SA
  • Lot Size Acres: 9.4
  • Lot Size Sq Ft: 409464.0
  • Parcel #: 532486

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 38662.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Apr 18, 2022
Sold by
Carol Lee
Bought by
Zhou Michelle Yitong and Ma Zhenchuan
Seller's Agent
Johnny Zukle
HomeSmart Realty Group
Buyer's Agent
Kendra Ratcliff
LUXE Forbes Global Properties
List Price
$3,950,000
Sold Price
$3,950,000
Current Estimated Value
$3,934,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,993
Avg. Annual Appreciation
-0.12%
Original Mortgage
$2,000,000
Outstanding Balance
$1,892,799
Interest Rate
5%
Mortgage Type
Balloon
Estimated Equity
$2,041,208

Purchase Details

Listed on
Sep 22, 2017
Closed on
Dec 22, 2017
Sold by
Morrow Barbara M
Bought by
Lee Carol
Seller's Agent
Ty Hilderbrand
Realty One Group Willamette Valley
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$1,999,900
Interest Rate
3.95%
Mortgage Type
New Conventional
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
Zhou Michelle Yitong $3,950,000 Fidelity National Title
Lee Carol $2,500,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Michelle Yitong $2,000,000
Previous Owner Lee Carol $1,999,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $3,950,000 0.0% $230 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
05/28/2021 05/28/21 For Sale $3,950,000 +58.0% $230 / Sq Ft
12/29/2017 12/29/17 Sold $2,500,000 0.0% $138 / Sq Ft
12/29/2017 12/29/17 Sold $2,500,000 0.0% $118 / Sq Ft
11/12/2017 11/12/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $2,500,000 0.0% $138 / Sq Ft
06/08/2017 06/08/17 For Sale $2,500,000 -- $118 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $44,341 $3,493,844 -- --
2023 $46,572 $3,650,410 $0 $0
2022 $45,420 $3,544,090 $0 $0
2021 $44,242 $3,440,870 $0 $0
2020 $39,859 $3,203,380 $0 $0
2019 $36,681 $3,063,440 $0 $0
2018 $35,643 $0 $0 $0
2017 $38,701 $0 $0 $0
2016 $35,974 $0 $0 $0
2015 $37,345 $0 $0 $0
2014 $36,957 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Johnny Zukle

    Seller's Agent in 2022

    Johnny Zukle

    HomeSmart Realty Group

    (503) 459-4474

    1 in this area

    2 Total Sales

    Johnny Zukle
    Section Image
  • Kendra Ratcliff

    Buyer's Agent in 2022

    Kendra Ratcliff

    LUXE Forbes Global Properties

    (503) 330-6677

    1 in this area

    14 Total Sales

    Kendra Ratcliff
    Section Image
  • Ty Hilderbrand

    Seller's Agent in 2017

    Ty Hilderbrand

    Realty One Group Willamette Valley

    (503) 881-2313

    2 in this area

    88 Total Sales

    Ty Hilderbrand
    Section Image
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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21554943

Regional Multiple Listing Service (RMLS)

APN: 532486

Oregon Marion County Salem 97302

Salem Hills

This home since 28 May 2021 and is currently estimated at $3,934,007, approximately $229 per square foot. This property was built in 1990. This home is a home located in Marion County with nearby schools including Schirle Elementary School, Crossler Middle School, and Sprague High School.

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