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5068 Summerfield Drive Southeast

5068 Summerfield Drive Southeast, Salem, OR 97306
Property in Faye Wright
Sold Apr 13, 2016
$305,000
$312,000 by Rocket Mortgage Llc
Mortgage Due Nov 01, 2041
Local assessors in Salem, OR have categorized 5068 Summerfield Drive Southeast as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 6,970 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 5068 Summerfield Drive Southeast has a total of 3,324 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,662 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 556 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. The building has a gable style roof that was made of unknown. 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, 5068 Summerfield Drive Southeast sold most recently in Apr 11, 2016 for a total of $305,000. If you work out the math, that's approximately a cost of $78.61 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 $6,044 in taxes each year. 5068 Summerfield Drive Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $316,810. 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: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,662
  • Garage Type: Attached
  • Garage Square Area: 556
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 3,880
  • Gross Building Area: 3,880
  • Building Area: 3,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,324
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMERFIELD SOUTH IN SALEM
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUMMERFIELD SOUTH IN SALEM BLOCK 5 LOT 8 ACRES 0.16

Ownership

  • Current Owner : MOULD MAUREEN T
  • Previous Owner : HUGHES KIMBERLY J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Salem-Keizer School District 24J
  • School Tax School District: SALEM-KEIZER
  • Census Tract: 002303

Zoning

  • Zoning: RS

Geography

  • Account Number: 592682
  • Parcel: 592682
  • Block: 5
  • Lot: 8
  • Meridian: SEC 15 TWN 08S RNG 03W
  • Latitude: 44.8807
  • Longitude: -123.042

    Address

  • Full Address: 5068 Summerfield Dr Se
  • Address - House Number: 5068
  • Street Segment Direction: SE
  • Address - Street Name: Summerfield
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Salem
  • Carrier Code: C037
  • 4-Digit Zip Code: 1706
  • Zip Code: 97306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,044
  • Tax Rate Code Area: 92401000

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 594,894
  • High Value: 694,279
  • Low Value: 495,509

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 15, 2021
  • First Open Lien Mortgage Loan Amount: $312,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2041

    Market Valuation

  • Market Total Value: $643,700
  • Market Land Value: $165,000
  • Market Improvement Value: $478,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,810

    Sales

  • Current Sale Contract Date: Apr 11, 2016
  • Current Sale Recording Date: Apr 13, 2016
  • Current Sale Transaction ID: 1508849332
  • Current Sale Price: $305,000
  • Current Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: Apr 13, 2016
  • First Mortgage Loan Amount: $227,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2046

About Faye Wright



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Frequently Asked Questions

What neighborhood is 5068 Summerfield Drive Southeast located in?
The 5068 Summerfield Drive Southeast is a located in the neighborhood of Faye Wright in Faye Wright, Salem.
What is the average sales price for listings in 5068 Summerfield Drive Southeast?
The average sales price for units in 5068 Summerfield Drive Southeast is $0 currently.

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