tomo logo

$550,000

Beds
3
Baths
2.5
sq ft
2,193

5434 Salal St SE, Salem, OR 97306

5434 Salal St SE

Salem, OR 97306

  • 5 days on market
Nestled in the desirable Woodscape neighborhood of South Salem, this pristine 3-bedroom, 2.5-bath home is move-in ready! The spacious open floor plan features high ceilings, a stunning stone gas fireplace, a main floor primary suite, and a versatile den/office. The large kitchen boasts granite countertops, perfect for entertaining. Step outside to a covered patio overlooking a beautifully landscaped, low-maintenance backyard. With easy access to parks, schools, shopping & highways, this gem is a must-see!

Details

Property type

Single Family Residence

Est. home value

$559,910

Lot size

6,098 sq ft

Price per sq ft

$251

Year built

2006

Annual property taxes

$6,973.12

Price History

11/14/2024
PortlandOR

PortlandOR #24147753

Listed
$550,000
+25.03%
07/21/2020
PortlandOR

PortlandOR #20425647

Sold
$439,900

Schools & Community

Neighborhood: 

South Gateway

Elementary school: 

Pringle

Middle school: 

Judson

High school: 

South 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

$60,166
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$445,834
Cash to seller
$60,166

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

Seller’s Loan History

Lender

Envoy Mortgage Ltd

Loan start date

August 2023

Original loan amount

$452,000

Est. remaining balance

$445,834

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Susan Kearns

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: 11/19/2024 at 1:20 AM

Listing updated: 11/19/2024 at 12:32 AM

Listed by: Colleen Benson, Keller Williams Capital City Phone #: (503) 798-4001

MLS: PortlandOR #24147753

PortlandOR logo

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