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$647,500

Beds
3
Baths
2.0
sq ft
Unknown

1301 49th Av SE, Salem, OR 97317

1301 49th Av SE

Salem, OR 97317

  • 5 days on market
    • Open house Apr 06
Excellent opportunity to own an acre of land in town! Beautiful single level home with 3 beds, 2 baths, living room and family room with 1,332 SF shop/barn. Build your hobby farm or research possible development for the land. New luxury vinyl plank flooring. Fenced and cross-fencedpasture area. Finished space in barn with power. Spaciouslaundry room. Primary bedroom with ensuite bath. Office/den

Details

Property type

Single Family Residence

Est. home value

$551,094

Lot size

1.0 acres

Price per sq ft

Unknown

Year built

1973

Annual property taxes

$4,989.07

HOA

No

Price History

03/27/2025
PortlandOR

PortlandOR #497398371

Listed
$647,500
+13.1%
06/08/2022
PortlandOR

PortlandOR #22047397

Sold
$572,500

Schools & Community

Elementary school: 

Miller

Middle school: 

Houck

High school: 

North Salem

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$101,894
Asking price
$647,500
Closing costs (~8% of asking)
-$51,800
Est. remaining loan balance
-$493,806
Cash to seller
$101,894

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

June 2022

Original loan amount

$515,250

Est. remaining balance

$493,806

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Seth A Kelly and Kimberly Nicholson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 7:30 PM

Listing updated: 03/31/2025 at 11:41 AM

Listed by: Brittney Black, BST Realty LLC Phone #: (971) 900-4050

MLS: PortlandOR #497398371

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