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For sale
  • Listed by: Coldwell Banker Mountain West Real Estate, Inc. • ZUZANA DECOSTER • Contact: 503-421-5460
    $375,000

    1075 Shipping St NE, Salem, OR 97301

    3beds
    1,358sqft
    : 
    $2,580/mo
    Get pre-qualified
    Single Family Residence
    Built in 1946
    3,250 Square Feet Lot
    $366,500 Zestimate®
    $276/sqft
    $-- HOA

    What's special

    Expansive backyardUpdated flooringAbundant natural lightBright and invitingTwo storage shedsFunctional open layout
    Beautifully updated 3-bedroom, 2-bath home offering approximately 1,358 sq ft of living space (per CubiCasa floor plan) on a spacious 6,250 sq ft RM2-zoned lot. Bright and inviting, this home features updated flooring, abundant natural light, and a functional open layout. The flexible third bedroom includes a private exterior entrance, making it ideal for guests, multigenerational living, or a home office. Enjoy the expansive backyard with two storage sheds, a lockable gated entrance providing secure RV, boat, or trailer parking, and plenty of room for gardening, entertaining, or future possibilities. The RM2 zoning offers additional flexibility and potential for future residential development, including ADU opportunities, subject to buyer verification. The long side driveway provides additional parking with potential for a future carport or covered parking (buyer to verify). Conveniently located just minutes from downtown Salem, Salem Hospital, parks, shopping, restaurants, schools, and I-5, this property offers outstanding flexibility, space, and value.
    25 days
    |
    714
    |
    48
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    ZUZANA DECOSTER 503-421-5460,

    Coldwell Banker Mountain West Real Estate, Inc.

    Source: WVMLS,MLS#: 843968MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Main
      Bedroom 2
      • Level: Main
      Bedroom 3
      • Level: Main
      Dining room
      • Features: Area (Combination)
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Ductless/Mini-Split
      Appliances
      • Laundry: Main Level
      Features
      • Flooring: Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 1,358
      • Total interior livable area: 1,358 sqft

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Fencing: Fenced
      Lot
      • Size: 3,250 Square Feet
      • Features: Dimension Above, Landscaped
      Details
      • Additional structures: Shed(s)
      • Parcel number: 568623
      • Zoning: R2

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1946

      Utilities & green energy

      • Electric: 1/Main
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Capitol St Add.
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $276/sqft
      • Tax assessed value: $311,520
      • Annual tax amount: $2,594
      • Price range: $375K - $375K
      • Date on market: 7/29/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,FHA,Conventional
      • Inclusions: Dishwasher, 2x Sheds

        Estimated market value

        $366,500

        $348,000 - $385,000

        $2,055/mo

        Price history

        DateEventPrice
        7/29/2026Listed for sale$375,000-3.8%$276/sqft
        Source: WVMLS #843968 Report a problem
        7/22/2026Listing removed$390,000$287/sqft
        Source: eXp Realty #837389 Report a problem
        6/25/2026Price change$390,000-2.5%$287/sqft
        Source: WVMLS #837389 Report a problem
        5/7/2026Price change$399,999-3.6%$295/sqft
        Source: WVMLS #837389 Report a problem
        4/27/2026Price change$414,900-1.2%$306/sqft
        Source: WVMLS #837389 Report a problem
        4/8/2026Price change$419,900-2.3%$309/sqft
        Source: WVMLS #837389 Report a problem
        2/27/2026Listed for sale$430,000+72%$317/sqft
        Source: WVMLS #837389 Report a problem
        11/25/2025Sold$250,000-9.1%$184/sqft
        Source: WVMLS #834819 Report a problem
        11/7/2025Contingent$274,900$202/sqft
        Source: WVMLS #834819 Report a problem
        10/25/2025Listed for sale$274,900+158.1%$202/sqft
        Source: WVMLS #834819 Report a problem
        5/3/2005Sold$106,500+13.3%$78/sqft
        Source: Public Record Report a problem
        7/31/2002Sold$94,000$69/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,594 +7.8%$126,240 +3%
        2024$2,407 +3%$122,570 +6.1%
        2023$2,336 +2.9%$115,540
        2022$2,270 +2.9%$115,540 +3%
        2021$2,206 +3%$112,180 +6.1%
        2020$2,141 +3.6%$105,750
        2019$2,066 +1.3%--
        2018$2,040 --
        2017$2,040 +16.3%--
        2016$1,753 --
        2015$1,753 +2.5%--
        2014$1,710 +4.6%--
        2013$1,634 --
        2012$1,634 +4.5%--
        2011$1,564 +4.2%$83,510 +6.1%
        2010$1,500 +1.1%$78,720
        2009$1,484 +6%$78,720 +3%
        2008$1,400 +3.3%$76,430
        2007$1,356 +1.7%--
        2006$1,333 +2%--
        2005$1,307 -0.4%--
        2004$1,313 +4.8%--
        2003$1,252 +2.5%--
        2002$1,222 +3.1%--
        2001$1,185 +3.2%--
        2000$1,148 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Grant

        Getting around

        68 / 100
        Somewhat Walkable
        44 / 100
        Some Transit
        89 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Grant
        • Middle: Parrish
        • High: North Salem

        Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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