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5522 Woodmill Drive Southeast

5522 Woodmill Drive Southeast, Salem, OR 97306
Sold Jun 18, 2021
$570,000
$456,000 by Guild Mortgage Co
Mortgage Due Jul 01, 2051
Sold Nov 22, 2016
$369,750
$351,262 by Cmg Financial
Mortgage Due Dec 01, 2046
5522 Woodmill Drive Southeast in Salem, OR was first built in 2003 and is 21 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 1 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5522 Woodmill Drive Southeast has 2,410 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 6,970 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 598 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 central heating system. 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, 5522 Woodmill Drive Southeast sold most recently in Jun 15, 2021 for a total of $570,000. If you work out the math, that's approximately a cost of $189.49 per sqft. Before that, the property was also sold for $369,750 in Nov 21, 2016. 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 $6,864 in taxes each year. 5522 Woodmill Drive Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $359,790. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 598
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 3,008
  • Gross Building Area: 3,008
  • Building Area: 2,410
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,410
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODSCAPE MEADOWS PHASE 6 IN SALEM
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WOODSCAPE MEADOWS PHASE 6 IN SALEM LOT 52 ACRES 0.16

Ownership

  • Current Owner : OLSON MICHAEL W
  • Current Owner 2: OLSON JANET M
  • Previous Owner : MCKIBBEN STEPHEN R
  • Previous Owner 2: MCKIBBEN KRISTINE E
  • Owner Before Previous Owner: GEBHARDT ROBERT W
  • Owner Before Previous Owner 2: GEBHARDT JULIE A
  • 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: 002002

Zoning

  • Zoning: RS

Geography

  • Account Number: 332181
  • Parcel: 332181
  • Lot: 52
  • Meridian: SEC 14 TWN 08S RNG 03W
  • Latitude: 44.8757
  • Longitude: -123.012

    Address

  • Full Address: 5522 Woodmill Dr Se
  • Address - House Number: 5522
  • Street Segment Direction: SE
  • Address - Street Name: Woodmill
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Salem
  • Carrier Code: C038
  • 4-Digit Zip Code: 1171
  • Zip Code: 97306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,864
  • Tax Rate Code Area: 92401000

    Appraisal Valuation

  • Standard Deviation: 0.1667
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 585,768
  • High Value: 683,445
  • Low Value: 488,090

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $581,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Loan Amount: $456,000
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Lender: MAPS CU
  • Second Open Lien Mortgage Recording Date: Feb 22, 2024
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $125,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 16, 2054

    Market Valuation

  • Market Total Value: $613,350
  • Market Land Value: $165,000
  • Market Improvement Value: $448,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $359,790

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11840559916
  • Current Sale Price: $570,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 22, 2016
  • Previous Sale Contract Date: Nov 21, 2016
  • Previous Sale Amount: $369,750
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $456,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CMG FINANCIAL
  • Previous Mortgage Transaction Date: Nov 22, 2016
  • Previous Mortgage Loan Amount: $351,262
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About South Gateway



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Frequently Asked Questions

What neighborhood is 5522 Woodmill Drive Southeast located in?
The 5522 Woodmill Drive Southeast is a house located in the neighborhood of South Gateway in South Gateway, Salem.
What is the average sales price for listings in 5522 Woodmill Drive Southeast?
The average sales price for units in 5522 Woodmill Drive Southeast is $0 currently.

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