tomo logo

$995,000

Beds
4
Baths
3.5
sq ft
Unknown

855 La Cresta Ct SE, Salem, OR 97306

855 La Cresta Ct SE

Salem, OR 97306

  • 28 days on market
Nestled on a private road, this 7-bedroom, 3.5-bath luxury home offers unmatched privacy, breathtaking views, and abundant wildlife year-round. Sitting on a rare double lot, it provides endless possibilities for space, multi-generational living, or future development. The gourmet kitchen features a central island cooktop, double ovens, and ample cabinetry, flowing into light-filled living areas with multiple fireplaces. The main level includes two dining rooms, a private office, and a spacious deck perfect for entertaining. Upstairs, the primary suite boasts a jetted tub, double sinks, walk-in closet, and shower, accompanied by three additional bedrooms and a full bath. The lower level is a fully self-contained suite, ideal for guests, rental income, or dual living, featuring a full kitchen, living room, three bedrooms, laundry, private deck, and separate entrance. A large enclosed shop/storage area below adds extra functionality. This property seamlessly blends luxury, comfort, and practicality. Plus, the second lot (Tax Lot: 578530) is buildable with utilities in place—buyer to verify. A truly rare find—don’t miss this opportunity!

Details

Property type

Single Family Residence

Est. home value

$888,374

Lot size

0.83 acres

Price per sq ft

Unknown

Year built

1999

Annual property taxes

$9,975.59

HOA

No

Price History

03/06/2025
PortlandOR

PortlandOR #582052854

Listed
$995,000
02/25/2025
PortlandOR

PortlandOR #24033967

Removed
$995,000
01/10/2025
PortlandOR

PortlandOR #24033967

Price change
$995,000
-13.85%

Schools & Community

Neighborhood: 

South Gateway

Elementary school: 

Sumpter

Middle school: 

Crossler

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

$484,636
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$430,764
Cash to seller
$484,636

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

March 2021

Original loan amount

$473,900

Est. remaining balance

$430,764

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Ronald J Watson and Peggy J Watson

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: 04/03/2025 at 4:05 AM

Listing updated: 04/02/2025 at 2:07 PM

Listed by: Keely Kirby, Move Real Estate Inc Phone #: (503) 836-2010

MLS: PortlandOR #582052854

PortlandOR logo

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