Skip main navigation
Sold for $392,500
  • Listed by: Tu Casa Corporation • JOSE GONZALEZ • Contact: 503-851-6582
    Bought with: Non-Member Sale
    $392,500

    1550 Rachel Ln NE, Salem, OR 97301

    3beds
    1,172sqft
    Single Family Residence
    Built in 2004
    8,800 Square Feet Lot
    $392,300 Zestimate®
    $335/sqft
    $2,171 Estimated rent

    Home value

    $392,300

    $361,000 - $424,000

    $2,171/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,171/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,171/mo

    Rent Zestimate®

    Refinance and save

    $2,394/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,394/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Beautifully updated kitchenPrivate laneLarge covered patioVaulted ceilingsOpen floor planStainless-steel appliancesGranite countertops
    Peace and Quiet :) that is one feature of this home you will enjoy for years to come! Located on a private lane, close to all amenities. Schools, shopping, main roads, etc. Open floor plan with vaulted ceilings, beautifully updated kitchen with granite countertops & stainless-steel appliances. Large, covered patio perfect for enjoying Oregon's crazy weather and bonus room in the garage can be a "man cave" or office for the ones lucky enough who work from home! Move in ready, pull up! The world is yours!

    Zillow last checked:

    Listing updated:

    Listed by:

    JOSE GONZALEZ Agent:503-851-6582,

    Tu Casa Corporation

    Bought with:

    NOM NON-MEMBER SALE

    Non-Member Sale

    Source: WVMLS,MLS#: 839373MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    Primary bedroom
    • Level: Main
    Dining room
    • Features: Area (Combination)
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Natural Gas, Forced Air
    Appliances
    • Included: Disposal, Electric Range, Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 1,172
    • Total interior livable area: 1,172 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Blue
    • Fencing: Fenced
    Lot
    • Size: 8,800 Square Feet
    • Features: Landscaped
    Details
    • Additional structures: Shed(s), RV/Boat Storage
    • Parcel number: 323912
    • Zoning: SFR

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Continuous
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Water: Shared Well

    Community & HOA

    Community
    • Subdivision: PP 1999-223
    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $335/sqft
    • Tax assessed value: $368,970
    • Annual tax amount: $2,940
    • Price range: $392.5K - $392.5K
    • Date on market: 4/3/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,VA Loan,FHA
    • Inclusions: kitchen appliances

    Price history

    DateEventPrice
    5/11/2026Sold$392,500+1.9%$335/sqft
    Source: WVMLS #839373 Report a problem
    4/15/2026Contingent$385,000$328/sqft
    Source: WVMLS #839373 Report a problem
    4/3/2026Listed for sale$385,000+200.8%$328/sqft
    Source: WVMLS #839373 Report a problem
    11/18/2013Sold$128,000+4.5%$109/sqft
    Source: Public Record Report a problem
    3/28/2013Listed for sale$122,500-5.8%$105/sqft
    Source: John L. Scott - WSL #662279 Report a problem
    1/3/2005Sold$130,000$111/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,940 +3.3%$177,350 +3%
    2024$2,847 +5.4%$172,190 +6.1%
    2023$2,701 +2.9%$162,320
    2022$2,626 +1%$162,320 +3%
    2021$2,601 +6.6%$157,600 +6.1%
    2020$2,440 -0.8%$148,560
    2019$2,459 +2.5%--
    2018$2,400 --
    2017$2,400 +22.9%--
    2016$1,953 --
    2015$1,953 +9%--
    2014$1,792 +7.1%--
    2013$1,673 --
    2012$1,673 -3.2%--
    2011$1,728 +4.1%$124,440 +6.1%
    2010$1,659 +0.8%$117,310
    2009$1,646 +3%$117,310 +3%
    2008$1,599 +4.2%$113,900
    2007$1,535 +2.3%--
    2006$1,501 +1.9%--
    2005$1,472 +196.2%--
    2004$497 +5.8%--
    2003$470 +2.9%--
    2002$457 +2.1%--
    2001$447 +4%--
    2000$430 --
    Find assessor info on the county website

    Neighborhood: Four Corners

    Nearby schools

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

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

    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
    $392,300
    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
    $392,300