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1868 Future Drive Northeast

1868 Future Drive Northeast, Salem, OR 97305
Property in East Lancaster
Sold Dec 11, 2020
$315,000
$283,500 by Churchill Mortgage Corp
Mortgage Due Jan 01, 2051
Sold Oct 05, 2012
$150,000
$120,000 by Us Bank Na
Mortgage Due Nov 01, 2042
Local assessors in Salem, OR have categorized 1868 Future Drive 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 1 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 are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1868 Future Drive Northeast has a total of 1,374 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 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The building has a gable style roof that was made of composition shingle. As for flooring, was the material of choice during construction. 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, 1868 Future Drive Northeast sold most recently in Nov 2, 2020 for a total of $315,000. If you work out the math, that's approximately a cost of $173.65 per sqft. Before that, the property was also sold for $150,000 in Oct 2, 2012. 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 $3,663 in taxes each year. 1868 Future Drive Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $191,980. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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
  • Total Rooms: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Concrete
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 1,814
  • Gross Building Area: 1,814
  • Building Area: 1,374
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,374
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST BROOK IN SALEM
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FOREST BROOK IN SALEM LOT 14 ACRES 0.09

Ownership

  • Current Owner : PARLATO ADAM
  • Current Owner 2: PARLATO TAYLOR
  • Previous Owner : BENEDICT MARDY R
  • Previous Owner 2: BENEDICT KIMBERLY K
  • Owner Before Previous Owner: NOLLEN BRYAN L
  • Owner Before Previous Owner 2: NOLLEN JUNKO K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Zoning

  • Zoning: RS

Geography

  • Account Number: 332290
  • Parcel: 332290
  • Lot: 14
  • Meridian: SEC 20 TWN 07S RNG 02W
  • Latitude: 44.9525
  • Longitude: -122.965

    Address

  • Full Address: 1868 Future Dr Ne
  • Address - House Number: 1868
  • Street Segment Direction: NE
  • Address - Street Name: Future
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Salem
  • Carrier Code: C003
  • 4-Digit Zip Code: 2892
  • Zip Code: 97305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,663
  • Tax Rate Code Area: 24013

    Appraisal Valuation

  • Standard Deviation: 0.1382
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 83
  • Final Value: 434,555
  • High Value: 494,627
  • Low Value: 374,484

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $283,500
  • First Open Lien Mortgage Lender: CHURCHILL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 11, 2020
  • First Open Lien Mortgage Loan Amount: $283,500
  • 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, 2051

    Market Valuation

  • Market Total Value: $398,620
  • Market Land Value: $123,000
  • Market Improvement Value: $275,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,980

    Sales

  • Current Sale Contract Date: Nov 02, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Transaction ID: 11807134717
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 05, 2012
  • Previous Sale Contract Date: Oct 02, 2012
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHURCHILL MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 11, 2020
  • First Mortgage Loan Amount: $283,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Oct 05, 2012
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2042

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Frequently Asked Questions

What neighborhood is 1868 Future Drive Northeast located in?
The 1868 Future Drive Northeast is a located in the neighborhood of East Lancaster in East Lancaster, Salem.
What is the average sales price for listings in 1868 Future Drive Northeast?
The average sales price for units in 1868 Future Drive Northeast is $0 currently.

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