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241 Friendship Avenue Southeast

241 Friendship Avenue Southeast, Salem, OR 97302
Property in Faye Wright
Sold Apr 19, 2022
$406,000
$324,800 by Pacific Residential Mortgage
Mortgage Due May 01, 2052
Sold Aug 21, 2006
$185,000
$138,750 by Citimortgage Inc
Mortgage Due Sep 01, 2021
Local assessors in Salem, OR have categorized 241 Friendship Avenue Southeast as a residential type of property. The home was built in 1962 and is 62 years old. It was most recently renovated and altered in 1982. The property's lot size has been calculated to be 9,583 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 3 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 241 Friendship Avenue Southeast has a total of 1,461 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 441 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. The home's baseboard heaters is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 241 Friendship Avenue Southeast was last sold in Mar 8, 2022 for $406,000. According to our calculations, that's $213.46 per sqft. Prior to that sales transaction, the property was sold for $185,000 in Aug 17, 2006. Current property owners are expected to pay $3,607 in taxes per year. The property on 241 Friendship Avenue Southeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $189,050. 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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,902
  • Gross Building Area: 1,902
  • Building Area: 1,461
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,461
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ACRES 0.22

Ownership

  • Current Owner : FUNDERBURG LAUREN S
  • Current Owner 2: FUNDERBURG GRANT R
  • Previous Owner : ARX LLC
  • Owner Before Previous Owner: ALESHIRE ESTHER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Salem-Keizer School District 24J
  • School Tax School District: SALEM-KEIZER
  • Census Tract: 002102

Zoning

  • Zoning: RS

Geography

  • Account Number: 531846
  • Parcel: 531846
  • Meridian: SEC 09 TWN 08S RNG 03W
  • Latitude: 44.8945
  • Longitude: -123.052

    Address

  • Full Address: 241 Friendship Ave Se
  • Address - House Number: 241
  • Street Segment Direction: SE
  • Address - Street Name: Friendship
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Salem
  • Carrier Code: C013
  • 4-Digit Zip Code: 5717
  • Zip Code: 97302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,607
  • Tax Rate Code Area: 92401000

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 390,186
  • High Value: 452,462
  • Low Value: 327,910

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,800
  • First Open Lien Mortgage Lender: PACIFIC RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 19, 2022
  • First Open Lien Mortgage Loan Amount: $324,800
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $350,020
  • Market Land Value: $165,000
  • Market Improvement Value: $185,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,050

    Sales

  • Current Sale Contract Date: Mar 08, 2022
  • Current Sale Recording Date: Apr 19, 2022
  • Current Sale Transaction ID: 11885015904
  • Current Sale Price: $406,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17542
  • Previous Sale Recording Date: Aug 21, 2006
  • Previous Sale Contract Date: Aug 17, 2006
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Apr 19, 2022
  • First Mortgage Loan Amount: $324,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 21, 2006
  • Previous Mortgage Loan Amount: $138,750
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2021

About Faye Wright



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Frequently Asked Questions

What neighborhood is 241 Friendship Avenue Southeast located in?
The 241 Friendship Avenue Southeast is a located in the neighborhood of Faye Wright in Faye Wright, Salem.
What is the average sales price for listings in 241 Friendship Avenue Southeast?
The average sales price for units in 241 Friendship Avenue Southeast is $0 currently.

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