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Sold for $390,000
  • Listed by: Nova Realty Nw • Krystal Rollins • Contact: 503-810-1902
    Bought with: Coho Realty
    $390,000

    2040 Laurel Ave NE, Salem, OR 97301

    3beds
    1,692sqft
    Single Family Residence
    Built in 1940
    4,791 Square Feet Lot
    $387,300 Zestimate®
    $230/sqft
    $1,728 Estimated rent

    Home value

    $387,300

    $356,000 - $418,000

    $1,728/mo

    Zestimate® history
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    What's special

    Fenced backyardCovered patioBuilt in dining hutchCoved ceilingsGleaming hardwood floorsCozy gas stove
    Step into this charming 1940s Cottage filled with original character and thoughtful updates. This 1,642 sqft home features coved ceilings, gleaming hardwood floors and built in dining hutch that adds to its timeless appeal. A cozy gas stove creates the perfect gathering spot while the covered patio and fenced backyard offer plenty of space for outdoor living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Krystal Rollins Cell:503-810-1902,

    Nova Realty Nw

    Bought with:

    PETER BRAUNWORTH

    Coho Realty

    Source: WVMLS,MLS#: 833553MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Lower
    Dining room
    • Features: Area (Combination)
    • Level: Main
    Family room
    • Level: Lower
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Electric, Natural Gas, Stove
    Appliances
    • Included: Dishwasher, Electric Water Heater
    • Laundry: Main Level
    Features
    • Mudroom, Rec Room, High Speed Internet
    • Flooring: Wood
    • Basement: Full,Partial
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 1,692
    • Total interior livable area: 1,692 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Fenced
    Lot
    • Size: 4,791 Square Feet
    • Features: Landscaped
    Details
    • Parcel number: 580712
    • Zoning: RS

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Cedar, Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Electric: 1/Main
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Laurel Park
    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $230/sqft
    • Tax assessed value: $333,710
    • Annual tax amount: $2,851
    • Price range: $390K - $390K
    • Date on market: 9/11/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,VA Loan,FHA

    Price history

    DateEventPrice
    10/10/2025Sold$390,000+11.4%$230/sqft
    Source: WVMLS #833553 Report a problem
    9/16/2025Pending sale$350,000$207/sqft
    Source: RMLS (OR) #222252333 Report a problem
    9/16/2025Contingent$350,000$207/sqft
    Source: WVMLS #833553 Report a problem
    9/11/2025Listed for sale$350,000+172.4%$207/sqft
    Source: WVMLS #833553 Report a problem
    9/11/2014Sold$128,500+1.3%$76/sqft
    Source: Public Record Report a problem
    6/6/2014Price change$126,900-2.3%$75/sqft
    Source: Crown Real Estate Group, LLC #673471 Report a problem
    2/25/2014Listed for sale$129,900-22.4%$77/sqft
    Source: Crown Real Estate Group, LLC #673471 Report a problem
    8/2/2006Sold$167,500+39.6%$99/sqft
    Source: Public Record Report a problem
    1/6/2005Sold$120,000$71/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,851 +7.8%$138,790 +3%
    2024$2,646 +3%$134,750 +6.1%
    2023$2,568 +2.9%$127,020
    2022$2,496 +2.9%$127,020 +3%
    2021$2,425 +3%$123,330 +6.1%
    2020$2,354 +3.6%$116,260
    2019$2,271 +1.3%--
    2018$2,242 --
    2017$2,242 +16.3%--
    2016$1,928 --
    2015$1,928 +2.5%--
    2014$1,880 +4.6%--
    2013$1,797 --
    2012$1,797 +4.5%--
    2011$1,719 +4.2%$91,820 +6.1%
    2010$1,650 +1.1%$86,560
    2009$1,631 +6%$86,560 +3%
    2008$1,539 +3.3%$84,040
    2007$1,491 +1.7%--
    2006$1,466 +2%--
    2005$1,437 -0.4%--
    2004$1,444 +4.9%--
    2003$1,377 +2.5%--
    2002$1,343 +3.1%--
    2001$1,303 +3.2%--
    2000$1,262 --
    Find assessor info on the county website

    Neighborhood: Highland

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Highland
    • 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
    $387,300
    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
    $387,300