tomo logo

$539,000

Beds
3
Baths
2.0
sq ft
Unknown

1921 Spicetree Ln SE, Salem, OR 97306

1921 Spicetree Ln SE

Salem, OR 97306

  • Pending
Welcome to this spacious single level home in the sought after Cinnamonwood Estates in South Salem. Upon entering the home you'll be greeted with vaulted ceilings, a gas fireplace and an abundance of natural light. Round the corner to the formal dining room and into the beautifully remodeled kitchen with all new appliances and large pantry. Head on to the bedrooms and see the peaceful primary suite with expansive windows, private deck access and an ensuite bathroom with soaking tub, shower, and walk-in closet. The three car garage has been updated with epoxy floors, workbench and custom cabinets - ideal for your projects! Outdoor entertaining is a breeze with the large deck offering beautiful views of the landscaped English Country garden. This serene home combines comfort and convenience, with shopping centers and renowned local wineries just a short distance away. Don’t miss the opportunity to make this property yours. HOA covers streets, sidewalks, curbs/gutters, cluster mailboxes and front yard landscaping.

Details

Property type

Single Family Residence

Est. home value

$532,447

Lot size

8,712 sq ft

Price per sq ft

Unknown

Year built

1993

Annual property taxes

$7,061.47

Monthly HOA fee

$91.67

Price History

01/19/2025
PortlandOR

PortlandOR #24458969

Pending
$539,000
01/13/2025
PortlandOR

PortlandOR #24458969

Listed
$539,000
+38.64%
03/30/2020
PortlandOR

PortlandOR #20263237

Sold
$388,765
+27.46%

Schools & Community

Neighborhood: 

South Gateway

Elementary school: 

Battle Creek

Middle school: 

Judson

High school: 

Sprague

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

$254,021
Asking price
$539,000
Closing costs (~8% of asking)
-$43,120
Est. remaining loan balance
-$241,859
Cash to seller
$254,021

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

September 2022

Original loan amount

$250,000

Est. remaining balance

$241,859

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Phillip Douglas Allen and Randee M Rose

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?

Similar Homes Nearby

PortlandOR
$524,900
3 bd
|
2 ba
|
House

5763 Yvonne Ct SE, Salem, OR 97306

Price drop
PortlandOR
$250,000
3 bd
|
2 ba
|
House

4305 Salem Dallas Hwy NW, Salem, OR 97304

Price drop
PortlandOR
$489,000
3 bd
|
2 ba
|
House

1626 Cinnamon Hill Dr SE, Salem, OR 97306

Status: Pending/Under Contract

Tomo last checked: 01/22/2025 at 5:00 AM

Listing updated: 01/18/2025 at 10:56 PM

Listed by: Amy Walsh, Windermere Realty Trust Phone #: (503) 294-1101

MLS: PortlandOR #24458969

PortlandOR logo

Recently listed in Salem

$420,000|4 bd|1.5 ba|Townhouse
$335,000|2 bd|1.0 ba|House
$999,999|3 bd|3.0 ba|Townhouse
$460,000|3 bd|2.0 ba|House
$375,000|3 bd|2.0 ba|House
$635,000|4 bd|2.5 ba|House
$899,500|3 bd|2.5 ba|House
$425,000|3 bd|2.0 ba|House
$710,000|6 bd|3.0 ba|House
$564,000|3 bd|2.0 ba|House