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4196 Merrimac Court Northeast

4196 Merrimac Court Northeast, Salem, OR 97305
House in Marion
Sold Nov 27, 2019
$255,500
$250,871 by Academy Mortgage Corp
Mortgage Due Dec 01, 2049
Sold Feb 24, 2015
$140,000
$140,000 by Banc Home Loans
Mortgage Due Mar 01, 2045
4196 Merrimac Court Northeast in Salem, OR was first built in 1980 and is 44 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4196 Merrimac Court Northeast has 1,092 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 484 sqft. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 4196 Merrimac Court Northeast sold most recently in Nov 26, 2019 for a total of $255,500. If you work out the math, that's approximately a cost of $162.12 per sqft. Before that, the property was also sold for $140,000 in Feb 23, 2015. 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 $2,428 in taxes each year. 4196 Merrimac Court Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $153,500. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,576
  • Gross Building Area: 1,576
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,092
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REUST ADDITION
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REUST ADDITION LOT 10 ACRES 0.15

Ownership

  • Current Owner : GARZA FRANK
  • Current Owner 2: CERVANTES ALMA
  • Previous Owner : DUNCAN ANDREW
  • Previous Owner 2: DUNCAN ELIZABETH
  • Owner Before Previous Owner: BASSETT DONALD W
  • Owner Before Previous Owner 2: BASSETT GAY D
  • 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: 001606

Zoning

  • Zoning: RS

Geography

  • Account Number: 558695
  • Parcel: 558695
  • Lot: 10
  • Meridian: SEC 07 TWN 07S RNG 02W
  • Latitude: 44.98
  • Longitude: -122.971

    Address

  • Full Address: 4196 Merrimac Ct Ne
  • Address - House Number: 4196
  • Street Segment Direction: NE
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Ct
  • State: OR
  • City Name: Salem
  • Carrier Code: C031
  • 4-Digit Zip Code: 2827
  • Zip Code: 97305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,428
  • Tax Rate Code Area: 92400213

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 334,328
  • High Value: 387,688
  • Low Value: 280,967

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,871
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 27, 2019
  • First Open Lien Mortgage Loan Amount: $250,871
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $296,210
  • Market Land Value: $123,000
  • Market Improvement Value: $173,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,500

    Sales

  • Current Sale Contract Date: Nov 26, 2019
  • Current Sale Recording Date: Nov 27, 2019
  • Current Sale Transaction ID: 11706824421
  • Current Sale Price: $255,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 24, 2015
  • Previous Sale Contract Date: Feb 23, 2015
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 27, 2019
  • First Mortgage Loan Amount: $250,871
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANC HOME LOANS
  • Previous Mortgage Transaction Date: Feb 24, 2015
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 01, 2045

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Frequently Asked Questions

What neighborhood is 4196 Merrimac Court Northeast located in?
The 4196 Merrimac Court Northeast is a house located in the neighborhood of Marion in Hayesville, Salem.
What is the average sales price for listings in 4196 Merrimac Court Northeast?
The average sales price for units in 4196 Merrimac Court Northeast is $0 currently.

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