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7427 Terry Court Southeast

7427 Terry Court Southeast, Salem, OR 97317
Property in Marion
Sold Jan 06, 2022
$325,000
$145,500 by Baker Johnnie
Mortgage
Sold Dec 03, 2019
$464,000
$417,600 by Caliber Home Loans Inc
Mortgage Due Dec 01, 2049
Local assessors in Salem, OR have categorized 7427 Terry Court Southeast as a residential type of property. The home was built in 1975 and is 49 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 50,530 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 7427 Terry Court Southeast has a total of 2,990 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 650 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 540 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. Lots of wood siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7427 Terry Court Southeast was last sold in Dec 30, 2021 for $325,000. According to our calculations, that's $92.07 per sqft. Prior to that sales transaction, the property was sold for $464,000 in Nov 22, 2019. Current property owners are expected to pay $4,809 in taxes per year. The property on 7427 Terry Court Southeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $349,910. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1980
  • Building Count: 2
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Wood siding
  • 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: 650
  • Parking Type: Built-in
  • Garage Type: Attached
  • Garage Square Area: 540
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 50,530
  • Total Building Area: 3,530
  • Gross Building Area: 3,530
  • Building Area: 2,990
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 2,990
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LARKIN COUNTRY ESTATES NO 2
  • Land Acres: 1.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LARKIN COUNTRY ESTATES NO 2 LOT 17 ACRES 1.16

Ownership

  • Current Owner : DONAHUE AARON
  • Current Owner 2: DONAHUE BRITTANY
  • Previous Owner : BAKER JOHNNIE W
  • Previous Owner 2: BAKER CLARA J
  • Owner Before Previous Owner: THOMAS RAYMOND D
  • Owner Before Previous Owner 2: THOMAS MARY B
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Zoning

  • Zoning: AR

Geography

  • Account Number: 553069
  • Parcel: 553069
  • Lot: 17
  • Meridian: SEC 10 TWN 08S RNG 02W
  • Latitude: 44.8901
  • Longitude: -122.91

    Address

  • Full Address: 7427 Terry Ct Se
  • Address - House Number: 7427
  • Street Segment Direction: SE
  • Address - Street Name: Terry
  • Address - Suffix Type: Ct
  • State: OR
  • City Name: Salem
  • Carrier Code: R005
  • 4-Digit Zip Code: 9234
  • Zip Code: 97317

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,809
  • Tax Rate Code Area: 02400210

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 66
  • Final Value: 616,556
  • High Value: 762,703
  • Low Value: 470,409

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,500
  • First Open Lien Mortgage Lender: BAKER JOHNNIE
  • First Open Lien Mortgage Recording Date: Jan 06, 2022
  • First Open Lien Mortgage Loan Amount: $145,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $584,050
  • Market Land Value: $182,040
  • Market Improvement Value: $402,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,910

    Sales

  • Current Sale Contract Date: Dec 30, 2021
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Transaction ID: 11876877349
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 03, 2019
  • Previous Sale Contract Date: Nov 22, 2019
  • Previous Sale Amount: $464,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAKER JOHNNIE
  • First Mortgage Transaction Date: Jan 06, 2022
  • First Mortgage Loan Amount: $145,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Dec 03, 2019
  • Previous Mortgage Loan Amount: $417,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2049

About Marion



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Frequently Asked Questions

What neighborhood is 7427 Terry Court Southeast located in?
The 7427 Terry Court Southeast is a located in the neighborhood of Marion in Marion, Salem.
What is the average sales price for listings in 7427 Terry Court Southeast?
The average sales price for units in 7427 Terry Court Southeast is $0 currently.

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