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8720 Wheatland Road North

8720 Wheatland Road North, Salem, OR 97303
Property in Marion
Sold Oct 16, 2020
Transfer
$303,455 by Ocean Lending Home Loans Inc
Mortgage Due Sep 01, 2050
Sold Sep 14, 2018
$290,000
$284,747 by National Bank Of Kansas City
Mortgage Due Oct 01, 2048
8720 Wheatland Road North has been categorized by the local assessors in Salem, OR as a residential type of property. The building on the property was first built in 1956 and is 68 years old. However, we must point out that the home was most recently renovated and altered in 1968. The home has a total of 4 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8720 Wheatland Road North has 1,710 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 24,394 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 550 sqft. According to our sources, there are a total of 4 available parking spaces. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of wood shingle. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $290,000 in Sep 13, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,711 in taxes each year. 8720 Wheatland Road North was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $197,240. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Exterior Walls Type: Wood shingle
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Detached
  • Garage Square Area: 550
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 24,394
  • Total Building Area: 2,310
  • Gross Building Area: 2,310
  • Building Area: 1,710
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,710
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.56
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ACRES 0.56

Ownership

  • Current Owner : KNIGHT KELLY COLLEEN
  • Current Owner 2: KNIGHT AARON A
  • Previous Owner : KNIGHT AARON COLLEEN
  • Previous Owner 2: KNIGHT KELLY C
  • Owner Before Previous Owner: TEGEN RANDALL L
  • Owner Before Previous Owner 2: TEGEN LESLIE E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Salem-Keizer School District 24J
  • School Tax School District: SALEM-KEIZER
  • Census Tract: 002502

Zoning

  • Zoning: EFU

Geography

  • Account Number: 519548
  • Parcel: 519548
  • Meridian: SEC 13 TWN 06S RNG 03W
  • Latitude: 45.0459
  • Longitude: -123.01

    Address

  • Full Address: 8720 Wheatland Rd N
  • Address - House Number: 8720
  • Street Segment Direction: N
  • Address - Street Name: Wheatland
  • Address - Suffix Type: Rd
  • State: OR
  • City Name: Salem
  • Carrier Code: R009
  • 4-Digit Zip Code: 9710
  • Zip Code: 97303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,711
  • Tax Rate Code Area: 02400210

    Appraisal Valuation

  • Standard Deviation: 0.1335
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 84
  • Final Value: 468,213
  • High Value: 530,747
  • Low Value: 405,678

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $303,455
  • First Open Lien Mortgage Lender: OCEAN LENDING HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 16, 2020
  • First Open Lien Mortgage Loan Amount: $303,455
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $461,630
  • Market Land Value: $155,600
  • Market Improvement Value: $306,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,240

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Transaction ID: 11793086473
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Previous Sale Recording Date: Sep 14, 2018
  • Previous Sale Contract Date: Sep 13, 2018
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OCEAN LENDING HOME LOANS INC
  • First Mortgage Transaction Date: Oct 16, 2020
  • First Mortgage Loan Amount: $303,455
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL BANK OF KANSAS CITY
  • Previous Mortgage Transaction Date: Sep 14, 2018
  • Previous Mortgage Loan Amount: $284,747
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2048

About Marion



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Frequently Asked Questions

What neighborhood is 8720 Wheatland Road North located in?
The 8720 Wheatland Road North is a located in the neighborhood of Marion in Marion, Salem.
What is the average sales price for listings in 8720 Wheatland Road North?
The average sales price for units in 8720 Wheatland Road North is $0 currently.

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