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850 Teak Court Southeast

850 Teak Court Southeast, Salem, OR 97306
Property in South Gateway
Sold May 16, 2001
$136,000
$183,207 by Suntrust Mortgage Inc
Mortgage Due Mar 01, 2038
Local assessors in Salem, OR have categorized 850 Teak Court Southeast as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 8,276 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 850 Teak Court Southeast has a total of 1,603 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 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 central heating system 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, 850 Teak Court Southeast sold most recently in May 15, 2001 for a total of $136,000. If you work out the math, that's approximately a cost of $67.23 per sqft. 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 $3,574 in taxes each year. 850 Teak Court Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $217,100. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • 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: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,023
  • Gross Building Area: 2,023
  • Building Area: 1,603
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,603
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IRONWOOD ESTATES IN SALEM
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IRONWOOD ESTATES IN SALEM BLOCK 2 LOT 10 ACRES 0.19

Ownership

  • Current Owner : JIMENEZ DOUGLAS M
  • Current Owner 2: JIMENEZ SANDRA L
  • Previous Owner : DAVID DONALD D
  • Previous Owner 2: DAVID APRIL S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem-Keizer School District 24J
  • School Tax School District: SALEM-KEIZER
  • Census Tract: 002303

Zoning

  • Zoning: RS

Geography

  • Account Number: 578284
  • Parcel: 578284
  • Block: 2
  • Lot: 10
  • Meridian: SEC 15 TWN 08S RNG 03W
  • Latitude: 44.875
  • Longitude: -123.038

    Address

  • Full Address: 850 Teak Ct Se
  • Address - House Number: 850
  • Street Segment Direction: SE
  • Address - Street Name: Teak
  • Address - Suffix Type: Ct
  • State: OR
  • City Name: Salem
  • Carrier Code: C031
  • 4-Digit Zip Code: 1502
  • Zip Code: 97306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,574
  • Tax Rate Code Area: 92401000

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 425,451
  • High Value: 498,152
  • Low Value: 352,751

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,207
  • First Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Feb 26, 2008
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $183,207
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2038

    Market Valuation

  • Market Total Value: $406,320
  • Market Land Value: $165,000
  • Market Improvement Value: $241,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,100

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2001
  • Current Sale Recording Date: May 16, 2001
  • Current Sale Transaction ID: 1102491680
  • Current Sale Price: $136,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Mortgage Transaction Date: May 16, 2001
  • First Mortgage Loan Amount: $138,720
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2031

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Frequently Asked Questions

What neighborhood is 850 Teak Court Southeast located in?
The 850 Teak Court Southeast is a located in the neighborhood of South Gateway in South Gateway, Salem.
What is the average sales price for listings in 850 Teak Court Southeast?
The average sales price for units in 850 Teak Court Southeast is $0 currently.

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