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118 Vine Street Southeast

118 Vine Street Southeast, Salem, OR 97302
Property in Faye Wright
Sold Oct 13, 2006
$169,500
$95,000 by Us Bank Na
Mortgage Due Mar 01, 2051
Sold Jul 28, 2004
$127,550
$102,040 by Washington Mutual Bank
Mortgage Due Aug 01, 2034
Local assessors in Salem, OR have categorized 118 Vine Street Southeast as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 12,197 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 118 Vine Street Southeast has a total of 1,220 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 520 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. The building has a gable style roof that was made of composition shingle. Lots of wood shingle were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 118 Vine Street Southeast sold most recently in Oct 12, 2006 for a total of $169,500. If you work out the math, that's approximately a cost of $97.41 per sqft. Before that, the property was also sold for $127,550 in Jul 22, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,769 in taxes each year. 118 Vine Street Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $145,150. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Wood shingle
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,740
  • Gross Building Area: 1,740
  • Building Area: 1,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PIEDMONT IN SALEM
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PIEDMONT IN SALEM BLOCK 2 LOT 4 ACRES 0.28

Ownership

  • Current Owner : HOFFAS CHRIS
  • Previous Owner : KAUFMAN KENT M
  • Previous Owner 2: KAUFMAN REBECCA J
  • Owner Before Previous Owner: MOREY CRAIG J
  • Owner Before Previous Owner 2: MOREY WENDY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem-Keizer School District 24J
  • School Tax School District: SALEM-KEIZER
  • Census Tract: 002101

Zoning

  • Zoning: RM2

Geography

  • Account Number: 585833
  • Parcel: 585833
  • Block: 2
  • Lot: 4
  • Meridian: SEC 04 TWN 08S RNG 03W
  • Latitude: 44.8985
  • Longitude: -123.053

    Address

  • Full Address: 118 Vine St Se
  • Address - House Number: 118
  • Street Segment Direction: SE
  • Address - Street Name: Vine
  • Address - Suffix Type: St
  • State: OR
  • City Name: Salem
  • Carrier Code: C021
  • 4-Digit Zip Code: 4730
  • Zip Code: 97302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,769
  • Tax Rate Code Area: 92401000

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 381,770
  • High Value: 452,401
  • Low Value: 311,139

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $95,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Feb 12, 2021
  • First Open Lien Mortgage Loan Amount: $95,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $330,460
  • Market Land Value: $165,000
  • Market Improvement Value: $165,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,150

    Sales

  • Current Sale Contract Date: Oct 12, 2006
  • Current Sale Recording Date: Oct 13, 2006
  • Current Sale Transaction ID: 1102636608
  • Current Sale Price: $169,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 28, 2004
  • Previous Sale Contract Date: Jul 22, 2004
  • Previous Sale Amount: $127,550
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK
  • Previous Mortgage Transaction Date: Jul 28, 2004
  • Previous Mortgage Loan Amount: $102,040
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2034

About Faye Wright



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Frequently Asked Questions

What neighborhood is 118 Vine Street Southeast located in?
The 118 Vine Street Southeast is a located in the neighborhood of Faye Wright in Faye Wright, Salem.
What is the average sales price for listings in 118 Vine Street Southeast?
The average sales price for units in 118 Vine Street Southeast is $0 currently.

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