Great opportunity for investors, builders, or developers. This property is zoned RM2 and sits on a .440-acre lot, offering excellent potential for future development. The existing 3-bedroom, 1-bat home also presents the possibility for dual living, making it a versatile project for the right buyer. Cash only. Buyer to perform due diligence regarding zoning and development options.
Sold for $285,000
Listed by: Premiere Property Group, Llc - South Salem • PEDRO GIRON • Contact: 503-949-3925
Bought with: Realty Of America, Llc
$285,000
1955 Highway Ave NE, Salem, OR 97301
3beds
1,312sqft
Single Family Residence
Built in 1942
0.44 Acres Lot
$278,900 Zestimate®
$217/sqft
$2,340 Estimated rent
Home value
$278,900
$265,000 - $293,000
$2,340/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
PEDRO GIRON 503-949-3925,
Premiere Property Group, Llc - South Salem
Bought with:
MARCO SANCHEZ HERNANDEZ
Realty Of America, Llc
Source: WVMLS,MLS#: 837052
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Dining room
- Features: Area (Combination)
Features
- Flooring: Carpet, Laminate
- Has fireplace: No
Interior area
- Total structure area: 1,312
- Total interior livable area: 1,312 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Deck
- Exterior features: Tan
- Fencing: Fenced
Lot
- Size: 0.44 Acres
- Features: Landscaped
Details
- Parcel number: 589737
- Zoning: Rm2
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Composite, Lap Siding
- Foundation: Continuous
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Salem Highway Tract
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $217/sqft
- Tax assessed value: $428,790
- Annual tax amount: $2,698
- Price range: $285K - $285K
- Date on market: 1/28/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Sold | $285,000+3.6%$217/sqft |
Source:  WVMLS #837052 Report a problem | ||
| 1/31/2026 | Contingent | $275,000$210/sqft |
Source: WVMLS #837052 Report a problem | ||
| 1/28/2026 | Listed for sale | $275,000+96.4%$210/sqft |
Source: WVMLS #837052 Report a problem | ||
| 8/13/2015 | Sold | $140,000-6.7%$107/sqft |
Source:  RMLS (OR) #15571566 Report a problem | ||
| 6/12/2015 | Pending sale | $150,000$114/sqft |
Source: Northwest Professional Realty #15571566 Report a problem | ||
| 5/15/2015 | Price change | $150,000-6.3%$114/sqft |
Source: Northwest Professional Realty #15571566 Report a problem | ||
| 3/19/2015 | Price change | $160,000-3%$122/sqft |
Source: Northwest Professional Realty #685261 Report a problem | ||
| 2/17/2015 | Price change | $165,000-4.6%$126/sqft |
Source: Northwest Professional Realty #685261 Report a problem | ||
| 1/18/2015 | Listed for sale | $173,000+260.4%$132/sqft |
Source: Northwest Professional Realty LLC #685261 Report a problem | ||
| 8/21/2012 | Sold | $48,000-20%$37/sqft |
Source: RMLS (OR) #12431552 Report a problem | ||
| 6/21/2012 | Listed for sale | $60,000$46/sqft |
Source: ERA NORTHWEST PROF REALTY #653864 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,698 +7.8% | $131,340 +3% |
| 2024 | $2,504 +3% | $127,520 +6.1% |
| 2023 | $2,430 +2.9% | $120,210 |
| 2022 | $2,362 +2.9% | $120,210 +3% |
| 2021 | $2,295 +3% | $116,710 +6.1% |
| 2020 | $2,228 +3.6% | $110,020 |
| 2019 | $2,150 +1.3% | -- |
| 2018 | $2,122 | -- |
| 2017 | $2,122 +16.3% | -- |
| 2016 | $1,824 | -- |
| 2015 | $1,824 +2.6% | -- |
| 2014 | $1,779 +47% | -- |
| 2013 | $1,210 | -- |
| 2012 | $1,210 +4.5% | -- |
| 2011 | $1,158 +4.2% | $61,830 +6.1% |
| 2010 | $1,111 +1.1% | $58,290 |
| 2009 | $1,099 +6% | $58,290 +3% |
| 2008 | $1,037 +3.3% | $56,600 |
| 2007 | $1,004 +1.7% | -- |
| 2006 | $988 +2% | -- |
| 2005 | $968 | -- |
Find assessor info on the county website
Neighborhood: Northgate
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Nearby schools
GreatSchools rating
- 3/10Hallman Elementary SchoolGrades: K-5Distance: 0.9 mi
- 2/10Waldo Middle SchoolGrades: 6-8Distance: 0.5 mi
- 2/10McKay High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Grant
- Middle: Parrish
- High: McKay
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
$278,900
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$278,900
- Oregon
- Marion County
- Salem
- 97301
- Northgate
- 1955 Highway Ave NE
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