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Off market
  • $518,500

    1505 Tierra Dr NE, Salem, OR 97301

    5beds
    2,269sqft
    SingleFamily
    Built in 1938
    0.28 Acres Lot
    $518,500 Zestimate®
    $229/sqft
    $2,896 Estimated rent

    Home value

    $518,500

    $472,000 - $565,000

    $2,896/mo

    Zestimate® history
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    Owner options

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    $2,896/mo

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    $2,896/mo

    Rent Zestimate®

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    $3,176/mo

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    $3,176/mo

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    What's special

    Accepted Offer with Contingencies. Major Price Improvement!!! Would be a great investor purchase!Huge home w/ lots of potential. Great for multi generational/dual living. Additional 852 Sq ft of living space above garage. Currently rented for $2019 monthly. Big lot w/ detached 2 car garage. Home needs some TLC - sold in As-Is Condition. Location is great for shopping, bus, and near schools.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Heat pump, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Range / Oven
    Features
    • Flooring: Hardwood, Laminate, Linoleum / Vinyl
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,269 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Vinyl
    • Has spa: Yes
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 576430

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1938

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $229/sqft
    • Tax assessed value: $667,630
    • Annual tax amount: $5,442

    Price history

    DateEventPrice
    7/16/2019Sold$240,000$106/sqft
    Source: Public Record Report a problem
    6/26/2019Pending sale$240,000$106/sqft
    Source: Keller Williams Realty Capital City #743012 Report a problem
    5/16/2019Price change$240,000-12.7%$106/sqft
    Source: Keller Williams Realty Capital City #743012 Report a problem
    2/2/2019Price change$275,000-8%$121/sqft
    Source: Keller Williams Realty Capital City #743012 Report a problem
    1/2/2019Listed for sale$299,000+32.3%$132/sqft
    Source: KELLER WILLIAMS CAPITAL CITY #743012 Report a problem
    12/31/2014Listing removed$226,000+55.1%$100/sqft
    Source: Prudential Real Estate Professionals #678834 Report a problem
    11/7/2012Sold$145,700-18.9%$64/sqft
    Source: Public Record Report a problem
    9/9/2010Listing removed$179,763$79/sqft
    Source: Coldwell Banker Mountain West Real Estate, Inc. #621227 Report a problem
    5/29/2010Price change$179,763-10%$79/sqft
    Source: Coldwell Banker Mountain West Real Estate, Inc. #621227 Report a problem
    1/9/2010Listed for sale$199,763-4.9%$88/sqft
    Source: Coldwell Banker Moutain West Real Estate, Inc. #621227 Report a problem
    2/7/2009Listing removed$210,000$93/sqft
    Source: NCI Report a problem
    9/26/2008Listed for sale$210,000$93/sqft
    Source: Coldwell Banker** #602591 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,442 +7.8%$264,880 +3%
    2024$5,049 +3%$257,170 +6.1%
    2023$4,900 +2.9%$242,410
    2022$4,763 +2.9%$242,410 +3%
    2021$4,627 +3%$235,350 +6.1%
    2020$4,492 +3.6%$221,850
    2019$4,334 +1.3%--
    2018$4,279 --
    2017$4,279 +16.3%--
    2016$3,678 --
    2015$3,678 +2.6%--
    2014$3,587 +5.9%--
    2013$3,388 --
    2012$3,388 +3.3%--
    2011$3,280 +4.2%$175,150 +6.1%
    2010$3,147 +1.1%$165,100
    2009$3,111 +6%$165,100 +3%
    2008$2,936 +3.3%$160,300
    2007$2,843 +1.7%--
    2006$2,797 -49%--
    2005$5,488 +165.3%--
    2004$2,069 +4.9%--
    2003$1,973 +2.5%--
    2002$1,926 +3.1%--
    2001$1,867 +3.2%--
    2000$1,810 --
    Find assessor info on the county website

    Neighborhood: East Lancaster

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Swegle
    • Middle: Waldo
    • High: McKay

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

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    Estimated market value
    $518,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $518,500