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5524 Basin Court South

5524 Basin Court South, Salem, OR 97306
Property in Sunnyslope
Sold Dec 06, 2021
$364,000
$276,760 by Resban
Mortgage Due Jan 01, 2052
Sold Dec 06, 2021
$364,000
$276,760 by Resban
Mortgage Due Jan 01, 2052
Local assessors in Salem, OR have categorized 5524 Basin Court South as a residential type of property. The home was built in 1990 and is 34 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 5524 Basin Court South has a total of 1,222 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 492 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 composition shingle. 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, 5524 Basin Court South sold most recently in Dec 3, 2021 for a total of $364,000. If you work out the math, that's approximately a cost of $212.37 per sqft. Before that, the property was also sold for $364,000 in Dec 3, 2021. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,603 in taxes each year. 5524 Basin Court South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $188,870. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1990
  • Effective Year Built: 1990
  • 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: 492
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,714
  • Gross Building Area: 1,714
  • Building Area: 1,222
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,222
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SKYLINE VILLAGE PHASE II IN SALEM
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SKYLINE VILLAGE PHASE II IN SALEM BLOCK 7 LOT 89 ACRES 0.16

Ownership

  • Current Owner : CLARK KALEB
  • Current Owner 2: WHATLEY TENA
  • Previous Owner : THOMPSON HAROLD G
  • Previous Owner 2: THOMPSON KAROLINA LEMUS
  • Owner Before Previous Owner: HAROLD AND KAROLINA THOMPSON LIVING TRUS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Salem-Keizer School District 24J
  • School Tax School District: SALEM-KEIZER
  • Census Tract: 002301

Zoning

  • Zoning: RS

Geography

  • Account Number: 590782
  • Parcel: 590782
  • Block: 7
  • Lot: 89
  • Meridian: SEC 17 TWN 08S RNG 03W
  • Latitude: 44.875
  • Longitude: -123.074

    Address

  • Full Address: 5524 Basin Ct S
  • Address - House Number: 5524
  • Street Segment Direction: S
  • Address - Street Name: Basin
  • Address - Suffix Type: Ct
  • State: OR
  • City Name: Salem
  • Carrier Code: C023
  • 4-Digit Zip Code: 2341
  • Zip Code: 97306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,603
  • Tax Rate Code Area: 92401000

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 398,612
  • High Value: 472,089
  • Low Value: 325,135

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $276,760
  • First Open Lien Mortgage Lender: RESBAN
  • First Open Lien Mortgage Recording Date: Dec 06, 2021
  • First Open Lien Mortgage Loan Amount: $276,760
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $368,760
  • Market Land Value: $165,000
  • Market Improvement Value: $203,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,870

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Transaction ID: 11871604109
  • Current Sale Price: $364,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 06, 2021
  • Previous Sale Contract Date: Dec 03, 2021
  • Previous Sale Amount: $364,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESBAN
  • First Mortgage Transaction Date: Dec 06, 2021
  • First Mortgage Loan Amount: $276,760
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: RESBAN
  • Previous Mortgage Transaction Date: Dec 06, 2021
  • Previous Mortgage Loan Amount: $276,760
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2052

About Sunnyslope



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Frequently Asked Questions

What neighborhood is 5524 Basin Court South located in?
The 5524 Basin Court South is a located in the neighborhood of Sunnyslope in Sunnyslope, Salem.
What is the average sales price for listings in 5524 Basin Court South?
The average sales price for units in 5524 Basin Court South is $0 currently.

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