Sold for $710,000

$710,000

1705 Commercial St SE, Salem, OR 97302

5beds

2,754sqft

SingleFamily

Built in 1923

7,405 Square Feet Lot

$-- Zestimate^®

$258/sqft

$2,566 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,566/mo

Zestimate^® history

Owner options

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$2,566/mo

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$2,566/mo

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$4,284/mo

Est. payment

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$4,284/mo

Est. payment

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What's special

See www.1705commercial.com for full details. Rare opportunity to purchase an Arts & Crafts era office building along the busy South Commercial corridor. Located at 1705 Commercial Street, it is on the highly visible SW corner of Washington and Commercial. The zoning is Commercial Office and the lot has plenty of room for the installation of an off-street parking lot. Currently rented as a residence - PLEASE DO NOT DISTURB THE TENANTS. Make offers subject to walk through. Zillow Map does not show correct location of property. Property is located on SW corner of Commercial and Washington Streets.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 1
Full bathrooms: 3

Heating

Forced air, Gas

Cooling

Central

Appliances

Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator

Features

Flooring: Carpet, Concrete, Hardwood, Linoleum / Vinyl
Basement: Partially finished
Has fireplace: No

Interior area

Total interior livable area: 2,754 sqft

Property

Parking

Total spaces: 4
Parking features: Off-street, On-street

Features

Exterior features: Wood
Has view: Yes
View description: Territorial

Lot

Size: 7,405 Square Feet

Details

Parcel number: 573283

Construction

Type & style

Home type: SingleFamily

Materials

Roof: Composition

Condition

Year built: 1923

Community & HOA

Location

Region: Salem

Financial & listing details

Price per square foot: $258/sqft
Tax assessed value: $495,640
Annual tax amount: $5,868

Price history

Date	Event	Price
6/18/2026	Sold	$710,000+67.1%$258/sqft
Source: Public Record Report a problem
3/4/2022	Sold	$425,000-15%$154/sqft
Source: Public Record Report a problem
11/25/2021	Listing removed	--
Source: Owner Report a problem
7/18/2021	Listed for sale	$499,900+11.1%$182/sqft
Source: Owner Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
3/24/2011	Listing removed	$450,000$163/sqft
Source: Owner Report a problem
3/15/2010	Listed for sale	$450,000+281.4%$163/sqft
Source: Owner Report a problem
6/4/2001	Sold	$118,000$43/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,868 +7.8%	$285,620 +3%
2024	$5,445 +3%	$277,310 +16.7%
2023	$5,284 +13.2%	$237,670
2022	$4,670 +2.9%	$237,670 +3%
2021	$4,537 +3%	$230,750 +6.1%
2020	$4,404 +3.6%	$217,510
2019	$4,250 +1.3%	--
2018	$4,195	--
2017	$4,195 +16.3%	--
2016	$3,606	--
2015	$3,606 +2.6%	--
2014	$3,517 +5.9%	--
2013	$3,320	--
2012	$3,320 +3.1%	--
2011	$3,219 +4.2%	$171,920 +1.4%
2010	$3,089 -3.3%	$169,470
2009	$3,194 +6%	$169,470 +3%
2008	$3,013 +3.3%	$164,540
2007	$2,918 +1.7%	--
2006	$2,870 +2%	--
2005	$2,813 -0.4%	--
2004	$2,826 +4.9%	--
2003	$2,695 +2.5%	--
2002	$2,630 +3.1%	--
2001	$2,550 +3.2%	--
2000	$2,471	--