tomo logo

$475,000

Beds
3
Baths
2.0
sq ft
Unknown

5125 Cherie Ct SE, Salem, OR 97306

5125 Cherie Ct SE

Salem, OR 97306

  • 17 days on market
Welcome to easy, one-level living in this beautifully updated home situated on a quiet cul-de-sac in South Salem. Offering 3 bedrooms and 2 bathrooms, this property blends modern updates with comfort and style, making it the perfect place to call home. Step into the great room and be greeted by stunning LVP flooring, vaulted ceilings, and a cozy gas fireplace in the living area. The spacious gourmet kitchen is a showstopper, featuring butcher block waterfall countertops, stainless steel appliances, a gas range, and a large pantry – designed for both functionality and beauty. French doors open to the primary suite, a true retreat with its own gas fireplace, a luxurious tile-surround walk-in shower, and a roomy walk-in closet. The thoughtful updates throughout this home add a modern touch while maintaining a welcoming atmosphere. Outside, enjoy the deck just off the dining room that overlooks a spacious backyard, offering endless possibilities for outdoor living or entertaining. The property also includes RV parking, adding convenience and versatility. Located in a prime South Salem location, this home is close to shopping, dining, entertainment, schools, parks, and the renowned Creekside Golf Course. Whether you're seeking relaxation or adventure, you'll find everything you need just minutes away. Don't miss the chance to make this updated, single-level gem your own. Schedule a showing today and see all it has to offer!

Details

Property type

Single Family Residence

Est. home value

$432,263

Lot size

7,405 sq ft

Price per sq ft

Unknown

Year built

1992

Annual property taxes

$4,718.88

HOA

No

Price History

01/30/2025
PortlandOR

PortlandOR #400835592

Listed
$475,000
01/28/2025
PortlandOR

PortlandOR #400835592

Pending
$475,000
01/24/2025
PortlandOR

PortlandOR #400835592

Listed
$475,000

Schools & Community

Neighborhood: 

Faye Wright

Elementary school: 

Wright

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

$162,846
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$274,154
Cash to seller
$162,846

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

April 2020

Original loan amount

$304,000

Est. remaining balance

$274,154

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Natasha Olds and Isaac J Bruder

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?

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Status: Active

Tomo last checked: 02/02/2025 at 6:50 AM

Listing updated: 01/30/2025 at 12:24 PM

Listed by: Shawn Richardson, Opt Phone #: (208) 912-5591

MLS: PortlandOR #400835592

PortlandOR logo

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