2803 Witch Hazel Lane Northwest

2803 Witch Hazel Lane Northwest has been categorized by the local assessors in Salem, OR as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2803 Witch Hazel Lane Northwest has 2,944 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 656 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,200 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 380 sqft. According to our sources, there is one available parking space. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2803 Witch Hazel Lane Northwest was last sold in Jun 28, 2019 for $420,915. According to our calculations, that's $126.63 per sqft. Current property owners are expected to pay $6,000 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 2803 Witch Hazel Lane Northwest was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $327,900. To break that down further, the land itself was valued at $72,480. While improvements to the property were assessed at a total of $255,420. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.