Ideally situated just minutes from downtown Salem, Riverfront Park, the Oregon State Capitol, shopping, dining, schools, and major commuter routes, this 4-bedroom home features a newer roof, fresh interior paint, and brand-new carpet, offering move-in-ready comfort with major updates already completed.Whether you're searching for your next home or a solid investment opportunity with proven occupancy, this property delivers space, major system updates, and an exceptional location at an outstanding value.
For sale
Listed by: Homesmart Realty Group • SCOTT COLLINS • Contact: Cell: 503-580-0896
$350,000
1640 5th St NE, Salem, OR 97301
4beds
1,225sqft
Single Family Residence
Built in 1922
4,110 Square Feet Lot
$343,100 Zestimate®
$286/sqft
$-- HOA
What's special
Fresh interior paintBrand-new carpetNewer roof
- 18 days |
- 666 |
- 48 |
Zillow last checked:
Listing updated:
Listed by:
SCOTT COLLINS Cell:503-580-0896,
Homesmart Realty Group
Source: WVMLS,MLS#: 844123
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Dining room
- Features: Area (Combination)
Heating
- Natural Gas, Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Electric Range, Gas Water Heater
Features
- Mudroom, Office
- Flooring: Carpet, Laminate
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,225
- Total interior livable area: 1,225 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Patio
- Fencing: Partial
Lot
- Size: 4,110 Square Feet
Details
- Parcel number: 584613
- Zoning: RS
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: NorthSalem
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $286/sqft
- Tax assessed value: $313,380
- Annual tax amount: $261,102
- Price range: $350K - $350K
- Date on market: 8/1/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: VA Loan,Cash,FHA,Conventional,USDA Loan
- Inclusions: Range, Fridge
- Acres allowed for irrigation: 0
Estimated market value
$343,100
$326,000 - $360,000
$1,940/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Listed for sale | $350,000+218.2%$286/sqft |
Source:  WVMLS #844123 Report a problem | ||
| 3/22/2021 | Sold | $110,000-4.1%$90/sqft |
Source: Public Record Report a problem | ||
| 3/8/2017 | Sold | $114,755-2.8%$94/sqft |
Source: Public Record Report a problem | ||
| 1/13/2017 | Listed for sale | $118,000$96/sqft |
Source: Windermere Pacific West Properties, Inc. #713700 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,611 +7.8% | $127,090 +3% |
| 2024 | $2,423 +3% | $123,390 +6.1% |
| 2023 | $2,351 +2.9% | $116,320 |
| 2022 | $2,286 +2.9% | $116,320 +3% |
| 2021 | $2,221 +3% | $112,940 +6.1% |
| 2020 | $2,156 +3.6% | $106,470 |
| 2019 | $2,080 +1.3% | -- |
| 2018 | $2,053 | -- |
| 2017 | $2,053 +16.3% | -- |
| 2016 | $1,765 | -- |
| 2015 | $1,765 +2.5% | -- |
| 2014 | $1,721 +4.6% | -- |
| 2013 | $1,646 | -- |
| 2012 | $1,646 +4.5% | -- |
| 2011 | $1,575 +4.2% | $84,080 +6.1% |
| 2010 | $1,511 +1.1% | $79,270 |
| 2009 | $1,494 +6% | $79,270 +3% |
| 2008 | $1,410 +3.3% | $76,970 |
| 2007 | $1,365 +1.7% | -- |
| 2006 | $1,343 +2% | -- |
| 2005 | $1,316 -0.4% | -- |
| 2004 | $1,322 +4.9% | -- |
| 2003 | $1,261 +2.5% | -- |
| 2002 | $1,230 +3.1% | -- |
| 2001 | $1,193 +3.2% | -- |
| 2000 | $1,156 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Grant
Nearby schools
GreatSchools rating
- 6/10Grant Community SchoolGrades: K-5Distance: 0.3 mi
- 3/10Parrish Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10North Salem High SchoolGrades: 9-12Distance: 0.8 mi
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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