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1040 Shores Street Northeast

1040 Shores Street Northeast, Salem, OR 97301
Property in East Lancaster
Sold Feb 03, 2006
$170,000
$166,400 by Bank Of America Na
Mortgage Due Jan 01, 2048
Sold Jun 18, 2004
$142,500
Local assessors in Salem, OR have categorized 1040 Shores Street Northeast as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 3,920 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 1040 Shores Street Northeast has a total of 1,276 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 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The building has a roof that is made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 1040 Shores Street Northeast sold most recently in Feb 2, 2006 for a total of $170,000. If you work out the math, that's approximately a cost of $101.43 per sqft. Before that, the property was also sold for $142,500 in Jun 18, 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 $3,033 in taxes each year. 1040 Shores Street Northeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $169,060. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 1,676
  • Gross Building Area: 1,676
  • Building Area: 1,276
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,276
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASPEN GLEN IN SALEM
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ASPEN GLEN IN SALEM LOT 8 ACRES 0.09

Ownership

  • Current Owner : LE PHAN H
  • Previous Owner : BACHELDER KIRK
  • Previous Owner 2: BACHELDER JENI
  • Owner Before Previous Owner: STEPHANIE FRY INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem-Keizer School District 24J
  • School Tax School District: SALEM-KEIZER
  • Census Tract: 001702

Zoning

  • Zoning: RS

Geography

  • Account Number: 333832
  • Parcel: 333832
  • Lot: 8
  • Meridian: SEC 19 TWN 07S RNG 02W
  • Latitude: 44.9438
  • Longitude: -122.975

    Address

  • Full Address: 1040 Shores St Ne
  • Address - House Number: 1040
  • Street Segment Direction: NE
  • Address - Street Name: Shores
  • Address - Suffix Type: St
  • State: OR
  • City Name: Salem
  • Carrier Code: C015
  • 4-Digit Zip Code: 3197
  • Zip Code: 97301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,033
  • Tax Rate Code Area: 92401003

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,400
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jan 12, 2018
  • First Open Lien Mortgage Loan Amount: $166,400
  • 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: Jan 01, 2048

    Market Valuation

  • Market Total Value: $336,560
  • Market Land Value: $123,000
  • Market Improvement Value: $213,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $169,060

    Sales

  • Current Sale Contract Date: Feb 02, 2006
  • Current Sale Recording Date: Feb 03, 2006
  • Current Sale Transaction ID: 1200770098
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 18, 2004
  • Previous Sale Contract Date: Jun 18, 2004
  • Previous Sale Amount: $142,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Mortgage Transaction Date: Feb 03, 2006
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Feb 01, 2036

About East Lancaster



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Frequently Asked Questions

What neighborhood is 1040 Shores Street Northeast located in?
The 1040 Shores Street Northeast is a located in the neighborhood of East Lancaster in East Lancaster, Salem.
What is the average sales price for listings in 1040 Shores Street Northeast?
The average sales price for units in 1040 Shores Street Northeast is $0 currently.

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