$850,000
SOLD DEC 19, 2024
2.99 Acres
$284,281 Price per Acre
130,244 Sq Ft Lot

Recently Sold

46% Below List Price

622 Days on Market

About This Lot

As of December 2024

Industrial site offers 2.99 AC of flat land. The property is surrounded by many distribution, manufacturing, machine, storage and transportation companies, like Amazon, Salem-Keizer Public Schools Transportation Yard, etc. This highly-visible parcel has approx. 567 ft of frontage on Gaffin Rd and approx. 161 ft of frontage on Gaia St. $8.25/SF*Property cannot close before September 14, 2023.**Buyer will be responsible for two reimbursement district fees.*** Subject to CC&Rs and Improvement Agreement.

Last Agent to Sell the Property

Alex Rhoten

COLDWELL BNKR/COMMERCIAL DIV License #841000042

COLDWELL BNKR/COMMERCIAL DIV

Co-Listed By

Kelsi Sands

COLDWELL BNKR/COMMERCIAL DIV License #201224830

Last Buyer's Agent

Alex Rhoten

COLDWELL BNKR/COMMERCIAL DIV License #841000042

COLDWELL BNKR/COMMERCIAL DIV

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,140

Lot Details

  • 2.99 Acre Lot
  • Lot Dimensions are 567'x161'
  • Irregular Lot

Property Details

Property Type

Land

Est. Annual Taxes

$6,140

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: Industrial site offers 2.99 AC of flat land. The property is surrounded by many distribution, manufacturing, machine, storage and transportation companies, like Amazon, Salem-Keizer Public Schools Transportation Yard, etc. This highly-visible parcel has approx. 567 ft of frontage on Gaffin Rd and approx. 161 ft of frontage on Gaia St. $8.25/SF*Property cannot close before September 14, 2023.**Buyer will be responsible for two reimbursement district fees.*** Subject to CC&Rs and Improvement Agreement.
  • Cross Street: Gaia Street
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 284280.94
  • Price Per Sq Ft: 7.75

Lot Info

  • Acres: 2.99
  • Estimated Lot Dimensions: 567'x161'
  • Estimated Lot Sq Ft: 130244
  • Lot Type: Irregular
  • Price Per Acre: 337589.97
  • Approved for Manufactured Home: Unknown
  • Geo Subdivision: OR
  • Map Parcel Number: 603778

Tax Info

  • Tax Account Number: 082W04B 02300

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $850,000 -15.8% --
12/14/2023 12/14/23 Price Changed $1,009,394 -6.1% --
05/09/2023 05/09/23 Price Changed $1,074,516 -31.3% --
04/07/2023 04/07/23 For Sale $1,562,933 -- --
Source: Willamette Valley MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,140 $312,720 $312,720 --
2023 $5,959 $303,620 $303,620 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $425,000 New Conventional
Source: Public Records

Similar Property in Salem, OR

  • 848 Mildred Ln SE, Salem, OR 97306

    $995,000

    • Land
    • 3.06 Acres
    • $325,163 per Acre
    • 848 Mildred Ln SE
    • Salem, OR

    Buyer to do own due diligence regarding development requirements.Map/Parcel #: 2 of partition, Plat NO. 2024-64, SE corner Section 15, Township 8 So., Range 3

    WENDY MCWHORTER REALTY ONE GROUP WILLAMETTE VALLEY

    Section Image

Source: Willamette Valley MLS

MLS Number: 803970

Willamette Valley MLS

APN: 603778