See Home Value
$457,131*
House - Off Market

720 Browning Av SE

Salem, OR 97302
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2556 Sqft
$414,000 - $506,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
Sold Sep 21, 2023
$450,000
$382,500 by Prosperity Home Mortgage, Llc
Mortgage Due Oct 01, 2053
Sold May 23, 2012
Transfer
$226,743 by Umpqua Bank
Mortgage Due Jun 01, 2042

About This Property

Accepted Offer with Contingencies. Charming historic home within two blocks of restaurants, coffee, shopping, an arcade, and a movie theater. Relax and entertaining in the shaded backyard under the fur trees or get an ice cream cone across the street. Enjoy barbecuing in the sun or eating a meal on the elevated deck off the kitchen. The large primary suite in the daylight basement is roomy and quiet with a large walk-in closet. Recent updates include refinished hardwood floors, furnace, AC, and electrical panel.

The manager has listed the unit size as 2556 square feet.
Unit Size
2,556Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$180
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1927

Price History

Date / Event Date Event Price
Sep 23, 2023 No longer available -
No longer available
Sep 21, 2023 Sold to Caitlyn A Layne, Joshua C P... $450,000
Sold to Caitlyn A Layne, Joshua C P...
Jun 11, 2023 Price Decreased $460,000
↓ $10K (2.1%)
Price Decreased
Apr 27, 2023 Listed $470,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,278
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,916
  • Gross Building Area: 2,916
  • Building Area: 2,556
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,556
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALDER BROOK IN SALEM
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ALDER BROOK IN SALEM LOT FR LOT 7 ACRES 0.19

Ownership

  • Current Owner : PATTERSON JOSHUA C
  • Current Owner 2: LAYNE CAITLYN A
  • Previous Owner : MCCOY JAN D
  • Previous Owner 2: MCCOY AMY F
  • Owner Before Previous Owner: MCCOY JAN
  • Ownership Rights Codes: Right of Survivorship
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 07, 2024

Neighborhood

  • School District Name: Salem-Keizer School District 24J
  • School Tax School District: SALEM-KEIZER
  • Census Tract: 002102

Zoning

  • Zoning: RS

Geography

  • Account Number: 565136
  • Parcel: 565136
  • Lot: 7
  • Meridian: SEC 03 TWN 08S RNG 03W
  • Latitude: 44.8983
  • Longitude: -123.04

    Address

  • Full Address: 720 Browning Ave Se
  • Address - House Number: 720
  • Street Segment Direction: SE
  • Address - Street Name: Browning
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Salem
  • Carrier Code: C013
  • 4-Digit Zip Code: 3806
  • Zip Code: 97302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,266
  • Tax Rate Code Area: 92401000

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 84
  • Final Value: 463,787
  • High Value: 526,267
  • Low Value: 401,306

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $382,500
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Sep 21, 2023
  • First Open Lien Mortgage Loan Amount: $382,500
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $450,060
  • Market Land Value: $165,000
  • Market Improvement Value: $285,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,200

    Sales

  • Current Sale Contract Date: Sep 20, 2023
  • Current Sale Recording Date: Sep 21, 2023
  • Current Sale Transaction ID: 11913500151
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 28698
  • Previous Sale Recording Date: May 23, 2012
  • Previous Sale Contract Date: May 14, 2012
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE, LLC
  • First Mortgage Transaction Date: Sep 21, 2023
  • First Mortgage Loan Amount: $382,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: UMPQUA BANK
  • Previous Mortgage Transaction Date: May 23, 2012
  • Previous Mortgage Loan Amount: $226,743
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2042



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,380 ft²
$191/ft²
$454,800 Apr 21, 2023
-
$387/mo
House
3 Beds
3 Baths
2,766 ft²
$181/ft²
$499,999 Jul 13, 2023
-
-
House
3 Beds
2.5 Baths
2,091 ft²
$220/ft²
$460,000 Aug 23, 2023
-
$454/mo
House
3 Beds
2 Baths
1,999 ft²
$263/ft²
$524,900 Sep 8, 2023
-
$491/mo
House
3 Beds
2.5 Baths
1,902 ft²
$250/ft²
$474,900 Oct 7, 2023
-
$371/mo
House
3 Beds
2.5 Baths
1,603 ft²
$286/ft²
$459,000 Sep 14, 2023
-
$405/mo
House
3 Beds
2.5 Baths
1,714 ft²
$303/ft²
$520,000 Oct 20, 2023
-
$423/mo
House
3 Beds
1.5 Baths
1,626 ft²
$277/ft²
$449,900 Sep 12, 2023
-
$283/mo
House
3 Beds
2 Baths
1,667 ft²
$286/ft²
$475,950 Jun 8, 2023
-
-
House
3 Beds
2 Baths
1,337 ft²
$337/ft²
$449,900 Oct 6, 2023
-
$273/mo
House
3 Beds
2 Baths
1,349 ft²
$347/ft²
$468,000 Sep 27, 2023
-
$1,250/mo
House
3 Beds
2 Baths
1,469 ft²
$289/ft²
$425,000 Oct 14, 2023
-
$326/mo

About Morningside


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Frequently Asked Questions

When was property at 720 Browning Avenue Southeast built and last sold?
The property at 720 Browning Avenue Southeast was built in 1927 and last sold on Sep 20, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 720 Browning Avenue Southeast is $478,336.
What are some comparable homes to 720 Browning Avenue Southeast?
Homes that are comparable to 720 Browning Avenue Southeast include a house property at 605 Ratcliff Drive Southeast, 1070 Heather Lane Southeast, 1295 Centennial Court Southeast.

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