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6440 Ritter Lane Southeast

6440 Ritter Lane Southeast, Salem, OR 97317
Property in Marion
Sold Dec 22, 2016
$385,000
$308,000 by Oregon Department Of Veteran A
Mortgage Due Jan 01, 2047
Sold May 21, 2014
$269,900
$275,408 by Homestreet Bank
Mortgage Due Jun 01, 2044
6440 Ritter Lane Southeast in Salem, OR was first built in 1968 and is 56 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. It is a single story home. This is a single bedroom home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 6440 Ritter Lane Southeast has 3,992 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. The basement is 1,246 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 41,818 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 528 sqft. There are a total of 2 available parking spaces. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a heat pump. 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. The property was last sold in Dec 20, 2016 for $385,000. That's $85.18 per sqft. Prior to that sales transaction, the property was also sold in Apr 30, 2014 for $269,900. 6440 Ritter Lane Southeast was last assessed in 2023. The total value of the property was assessed at $330,220. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,538. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1980
  • Building Count: 2
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Type: Finished improved basement
  • Basement Area: 1,246
  • Garage Type: Carport
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 41,818
  • Total Building Area: 4,520
  • Gross Building Area: 4,520
  • Building Area: 3,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 3,992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK DELL FARM
  • Land Acres: 0.96
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAK DELL FARM LOT 7 ACRES 0.96

Ownership

  • Current Owner : SULLIVAN JOHN P
  • Current Owner 2: SULLIVAN SARA L
  • Previous Owner : HERMAN AUSTIN
  • Previous Owner 2: HERMAN JUSTINA
  • Owner Before Previous Owner: RITTER FREDERICK G
  • Owner Before Previous Owner 2: RITTER GAYLE K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem-Keizer School District 24J
  • School Tax School District: SALEM-KEIZER
  • Census Tract: 002702

Zoning

  • Zoning: AR

Geography

  • Account Number: 557012
  • Parcel: 557012
  • Lot: 7
  • Meridian: SEC 04 TWN 08S RNG 02W
  • Latitude: 44.902
  • Longitude: -122.93

    Address

  • Full Address: 6440 Ritter Ln Se
  • Address - House Number: 6440
  • Street Segment Direction: SE
  • Address - Street Name: Ritter
  • Address - Suffix Type: Ln
  • State: OR
  • City Name: Salem
  • Carrier Code: R011
  • 4-Digit Zip Code: 2702
  • Zip Code: 97317

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,538
  • Tax Rate Code Area: 02400210

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 84
  • Final Value: 675,108
  • High Value: 767,041
  • Low Value: 583,174

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,000
  • First Open Lien Mortgage Lender: OREGON DEPARTMENT OF VETERAN A
  • First Open Lien Mortgage Recording Date: Dec 22, 2016
  • First Open Lien Mortgage Loan Amount: $308,000
  • 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: Jan 01, 2047

    Market Valuation

  • Market Total Value: $623,320
  • Market Land Value: $163,090
  • Market Improvement Value: $460,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,220

    Sales

  • Current Sale Contract Date: Dec 20, 2016
  • Current Sale Recording Date: Dec 22, 2016
  • Current Sale Transaction ID: 1910816245
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 21, 2014
  • Previous Sale Contract Date: Apr 30, 2014
  • Previous Sale Amount: $269,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OREGON DEPARTMENT OF VETERAN A
  • First Mortgage Transaction Date: Dec 22, 2016
  • First Mortgage Loan Amount: $308,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTREET BANK
  • Previous Mortgage Transaction Date: May 21, 2014
  • Previous Mortgage Loan Amount: $275,408
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2044

About Marion



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Frequently Asked Questions

What neighborhood is 6440 Ritter Lane Southeast located in?
The 6440 Ritter Lane Southeast is a located in the neighborhood of Marion in Marion, Salem.
What is the average sales price for listings in 6440 Ritter Lane Southeast?
The average sales price for units in 6440 Ritter Lane Southeast is $0 currently.

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