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Sold for $345,000
    • Listed by: Homesmart Realty Group • SCOTT COLLINS • Contact: Cell: 503-580-0896
    Bought with: John L. Scott-Salem
    $345,000

    1640 5th St NE, Salem, OR 97301

    4beds
    1,225sqft
    Single Family Residence
    Built in 1922
    4,110 Square Feet Lot
    $344,900 Zestimate®
    $282/sqft
    $2,039 Estimated rent

    Home value

    $344,900

    $328,000 - $362,000

    $2,039/mo

    Zestimate® history
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    What's special

    Fresh interior paintBrand-new carpetNewer roof
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    SCOTT COLLINS Cell:503-580-0896,

    Homesmart Realty Group

    Bought with:

    ALEX MCCARTHY

    John L. Scott-Salem

    Source: WVMLS,MLS#: 844123MLS Logo

    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: $282/sqft
    • Tax assessed value: $313,380
    • Annual tax amount: $261,102
    • Price range: $345K - $345K
    • 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

    Price history

    DateEventPrice
    9/25/2026Sold$345,000$282/sqft
    Source: WVMLS #844123 Report a problem
    8/21/2026Price change$345,000-1.4%$282/sqft
    Source: WVMLS #844123 Report a problem
    8/1/2026Listed for sale$350,000+218.2%$286/sqft
    Source: WVMLS #844123 Report a problem
    3/22/2021Sold$110,000-4.1%$90/sqft
    Source: Public Record Report a problem
    3/8/2017Sold$114,755-2.8%$94/sqft
    Source: Public Record Report a problem
    1/13/2017Listed for sale$118,000$96/sqft
    Source: Windermere Pacific West Properties, Inc. #713700 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: Grant

    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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    Estimated market value
    $344,900
    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
    $344,900

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