Brand new apartment complex in desirable S Salem location off River Rd across from Minto Brown Park. 3 buildings featuring (18) 1bed/1bath & (24) 2bed/2bath for a total of 42 units with onsite office. Built with high-quality construction and finishes, they offer an exceptional standard of living for their residents. Units feature in unit laundry, covered patio or deck with storage closet. Low maintenance site design on 1.88 acres. Close proximity to downtown Salem, Willamette Univ, & Salem Hospital.
Sold for $10,500,000
Listed by: Legacy Real Estate • JAMES HAUGE • Contact: 503-877-2101
Bought with: Conser Realty & Associates
$10,500,000
1055 Schurman Dr S, Salem, OR 97302
66beds
66baths
41,166sqft
Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$255/sqft
$1,460 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,460/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
JAMES HAUGE CELL:503-877-2101,
Legacy Real Estate
Bought with:
MATTHEW CONSER
Conser Realty & Associates
Source: WVMLS,MLS#: 806971
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 66
- Bathrooms: 66
Dining room
- Features: Area (Combination)
Heating
- Forced Air
Appliances
- Included: Dishwasher, Disposal, Washer/Dryer, Electric Range, Microwave, Range Included, Electric Water Heater, Refrigerator
Features
- Flooring: Carpet, Laminate
- Has fireplace: No
Interior area
- Total structure area: 41,166
- Total interior livable area: 41,166 sqft
Property
Accessibility
- Accessibility features: Handicap Amenities - See Remarks
Features
- Patio & porch: Covered Deck, Covered Patio
- Fencing: Partial
- Has view: Yes
- View description: Territorial
Lot
- Size: 1.89 Acres
- Features: Dimension Above, Landscaped
Details
- Parcel number: 587480
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Fiber Cement, Lap Siding
- Foundation: Continuous, Slab
- Roof: Composition
Condition
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $9,718,220
- Annual tax amount: $64,050
- Price range: $10.5M - $10.5M
- Date on market: 7/6/2023
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Total actual rent: 3200
Price history
| Date | Event | Price |
|---|---|---|
| 7/19/2024 | Sold | $10,500,000-6.7%$255/sqft |
Source:  WVMLS #806971 Report a problem | ||
| 4/30/2024 | Pending sale | $11,250,000$273/sqft |
Source: WVMLS #806971 Report a problem | ||
| 3/11/2024 | Price change | $11,250,000-4.3%$273/sqft |
Source: WVMLS #806971 Report a problem | ||
| 7/6/2023 | Listed for sale | $11,750,000+1640.7%$285/sqft |
Source: WVMLS #806971 Report a problem | ||
| 7/22/2021 | Sold | $675,000-3.4%$16/sqft |
Source:  RMLS (OR) #20504031 Report a problem | ||
| 2/23/2021 | Contingent | $698,896$17/sqft |
Source: WVMLS #772277 Report a problem | ||
| 2/4/2021 | Listed for sale | $698,896+94.1%$17/sqft |
Source: WVMLS #772277 Report a problem | ||
| 12/12/2003 | Sold | $360,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $85,207 +7.8% | $4,147,420 +3% |
| 2024 | $79,060 +3124.8% | $4,026,630 +826.7% |
| 2023 | $2,452 | $434,490 |
| 2022 | -- | $434,490 +3% |
| 2021 | $8,294 +3% | $421,840 +6.1% |
| 2020 | $8,052 +3.6% | $397,640 |
| 2019 | $7,769 +1.3% | -- |
| 2018 | $7,669 | -- |
| 2017 | $7,669 +16.3% | -- |
| 2016 | $6,593 | -- |
| 2015 | $6,593 +2.6% | -- |
| 2014 | $6,429 | -- |
Find assessor info on the county website
Neighborhood: Southwest
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Nearby schools
GreatSchools rating
- 5/10Candalaria Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Leslie Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10South Salem High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Candalaria
- Middle: Leslie
- High: South Salem
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Oregon
- Marion County
- Salem
- 97302
- Southwest
- 1055 Schurman Dr S
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