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4962 Regal Drive Northeast

4962 Regal Drive Northeast, Salem, OR 97301
Property in East Lancaster
Sold Jan 19, 2001
$116,400
$114,593 by Chase Manhattan Mtg Corp
Mortgage Due Feb 01, 2031
Local assessors in Salem, OR have categorized 4962 Regal Drive Northeast as a residential type of property. The home was built in 1978 and is 46 years old. It was most recently renovated and altered in 1988. The property's lot size has been calculated to be 6,098 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 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 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 4962 Regal Drive Northeast has a total of 1,138 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 516 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 roll composition. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 4962 Regal Drive Northeast sold most recently in Jan 18, 2001 for a total of $116,400. If you work out the math, that's approximately a cost of $70.37 per sqft. 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 $2,950 in taxes each year. 4962 Regal Drive Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $154,640. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1978
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Roof Shape Type: Gable
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 516
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,654
  • Gross Building Area: 1,654
  • Building Area: 1,138
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,138
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYALOAK ESTATES NO 3 IN SALEM
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROYALOAK ESTATES NO 3 IN SALEM BLOCK 20 LOT 26 ACRES 0.14

Ownership

  • Current Owner : RAMIREZ ELEUTERIO
  • Current Owner 2: MARLENIZ ORTEGA C
  • Previous Owner : PRITCHARD MARK L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem-Keizer School District 24J
  • School Tax School District: SALEM-KEIZER
  • Census Tract: 001703

Zoning

  • Zoning: RS

Geography

  • Account Number: 588903
  • Parcel: 588903
  • Block: 20
  • Lot: 26
  • Meridian: SEC 20 TWN 07S RNG 02W
  • Latitude: 44.9467
  • Longitude: -122.964

    Address

  • Full Address: 4962 Regal Dr Ne
  • Address - House Number: 4962
  • Street Segment Direction: NE
  • Address - Street Name: Regal
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Salem
  • Carrier Code: C021
  • 4-Digit Zip Code: 2146
  • Zip Code: 97301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,950
  • Tax Rate Code Area: 92401003

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 360,240
  • High Value: 422,140
  • Low Value: 298,340

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,593
  • First Open Lien Mortgage Lender: CHASE MANHATTAN MTG CORP
  • First Open Lien Mortgage Recording Date: Jan 19, 2001
  • First Open Lien Mortgage Loan Amount: $114,593
  • 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: Feb 01, 2031

    Market Valuation

  • Market Total Value: $317,360
  • Market Land Value: $123,000
  • Market Improvement Value: $194,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,640

    Sales

  • Current Sale Contract Date: Jan 18, 2001
  • Current Sale Recording Date: Jan 19, 2001
  • Current Sale Transaction ID: 1200771603
  • Current Sale Price: $116,400
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN MTG CORP
  • First Mortgage Transaction Date: Jan 19, 2001
  • First Mortgage Loan Amount: $114,593
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2031

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Frequently Asked Questions

What neighborhood is 4962 Regal Drive Northeast located in?
The 4962 Regal Drive Northeast is a located in the neighborhood of East Lancaster in East Lancaster, Salem.
What is the average sales price for listings in 4962 Regal Drive Northeast?
The average sales price for units in 4962 Regal Drive Northeast is $0 currently.

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