**OWNER FINANCING OR LEASE OPTION AVAILABLE**
Rare opportunity to purchase a spacious West Salem home with a versatile **dual-living layout and flexible financing options** for qualified buyers.
This home offers plenty of character and functionality, with hardwood floors, abundant natural light, multiple living spaces, a fireplace, spacious bedrooms, a large backyard, and a deck perfect for relaxing or entertaining.
A standout feature is the **finished lower level with its own kitchenette, full bathroom, laundry, and additional living/bedroom space** , ideal for multigenerational living, extended family, guests, a home office, or simply additional private living space.
The home is **move-in ready and fully functional as-is**, with plenty of opportunity for the next owner to personalize it over time.
**Ask us about our flexible purchase options!**
**Owner financing or lease option available for the right qualified buyer.** Flexible terms may be considered based on down payment and buyer qualifications.
**Serious inquiries only.**
Contact us for additional information, showing availability, or to discuss potential purchase terms.
For sale by owner
$499,999
2042 Summit Ave NW, Salem, OR 97304
4beds
1,872sqft
SingleFamily
Built in 1962
8,712 Square Feet Lot
$-- Zestimate®
$267/sqft
$-- HOA
What's special
Formal dining areaGreat natural lighting
What the owner loves about this home
Fantastic location in the West Salem Hills! Safe and quiet neighborhood close to schools. Last house on dead end street with a walking path to Myers elementary. So much storage! Fantastic back deck and yard great for entertaining with lots of privacy.
- 13 days
- 904
- 44
Listed by:
Property Owner (503) 433-8312
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2.5
- Full bathrooms: 3
Heating
- Forced air, Gas
Cooling
- Central, Other
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Other, Carpet, Hardwood
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,872 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached, Off-street, On-street
Features
- Exterior features: Wood
- Has spa: Yes
- Has view: Yes
- View description: None
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 244835
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1962
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $267/sqft
- Tax assessed value: $453,540
- Annual tax amount: $4,630
- Date on market: 8/19/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,703/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $499,999+0.2%$267/sqft |
Source: Owner Report a problem | ||
| 8/1/2026 | Listing removed | $498,999$267/sqft |
Source: | ||
| 7/15/2026 | Price change | $498,999-0.2%$267/sqft |
Source: | ||
| 6/27/2026 | Price change | $499,999-2%$267/sqft |
Source: | ||
| 5/6/2026 | Price change | $509,999-3.8%$272/sqft |
Source: | ||
| 4/27/2026 | Price change | $529,999+1.9%$283/sqft |
Source: | ||
| 4/16/2026 | Listed for sale | $519,999$278/sqft |
Source: | ||
| 4/15/2026 | Listing removed | $850-73.4% |
Source: Zillow Rentals Report a problem | ||
| 4/2/2026 | Listing removed | $519,999$278/sqft |
Source: | ||
| 3/6/2026 | Listed for sale | $519,999+55.2%$278/sqft |
Source: | ||
| 10/10/2024 | Listing removed | $3,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/24/2024 | Listed for rent | $3,200+147.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/17/2024 | Listing removed | $335,000-9.5%$179/sqft |
Source: | ||
| 2/16/2021 | Sold | $370,000+10.4%$198/sqft |
Source: Public Record Report a problem | ||
| 1/6/2021 | Contingent | $335,000$179/sqft |
Source: | ||
| 12/30/2020 | Listed for sale | $335,000+97.1%$179/sqft |
Source: KNIPE REALTY ERA POWERED #771958 Report a problem | ||
| 4/30/2015 | Sold | $170,000-5.6%$91/sqft |
Source: Public Record Report a problem | ||
| 2/3/2015 | Pending sale | $180,000$96/sqft |
Source: RE/MAX INTEGRITY #684103 Report a problem | ||
| 1/16/2015 | Price change | $180,000-5.3%$96/sqft |
Source: RE/MAX INTEGRITY #684103 Report a problem | ||
| 11/25/2014 | Price change | $190,000-9.5%$101/sqft |
Source: RE/MAX INTEGRITY #684103 Report a problem | ||
| 7/11/2014 | Listed for sale | $209,900-2.8%$112/sqft |
Source: Owner Report a problem | ||
| 11/2/2012 | Listing removed | $1,295$1/sqft |
Source: Owner Report a problem | ||
| 10/17/2012 | Price change | $1,295-7.2%$1/sqft |
Source: Owner Report a problem | ||
| 9/19/2012 | Price change | $1,395-3.5%$1/sqft |
Source: Owner Report a problem | ||
| 9/8/2012 | Listed for rent | $1,445$1/sqft |
Source: Owner Report a problem | ||
| 12/2/2005 | Sold | $216,000$115/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,630 +8% | $234,380 +3% |
| 2024 | $4,288 +3% | $227,560 +3% |
| 2023 | $4,164 +3.3% | $220,940 +3% |
| 2022 | $4,031 +2.9% | $214,510 +3% |
| 2021 | $3,916 +3.1% | $208,270 +3% |
| 2020 | $3,800 +3.6% | $202,210 +3% |
| 2019 | $3,667 | $196,330 +3% |
| 2018 | $3,667 +1.7% | $190,620 +3% |
| 2017 | $3,606 +11% | $185,070 +3% |
| 2016 | $3,250 +2.4% | $179,680 +3.9% |
| 2015 | $3,173 -0.4% | $172,950 +2.1% |
| 2014 | $3,185 +7.3% | $169,370 +3% |
| 2013 | $2,967 -0.5% | $164,440 +0.9% |
| 2012 | $2,983 +4.5% | $163,000 +3% |
| 2011 | $2,854 +4.4% | $158,260 +3% |
| 2010 | $2,735 +1.4% | $153,660 +3% |
| 2009 | $2,697 +6% | $149,190 +3% |
| 2008 | $2,544 +2.5% | $144,850 +3% |
| 2007 | $2,482 +4.1% | $140,640 +3% |
| 2006 | $2,384 +1.8% | $136,550 +3% |
| 2005 | $2,342 -0.8% | $132,580 +3% |
| 2004 | $2,360 +7.7% | $128,720 +6.1% |
| 2002 | $2,191 +4.6% | $121,340 +3% |
| 2001 | $2,095 +1.2% | $117,810 +3% |
| 2000 | $2,071 | $114,380 |
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: 97304
Nearby schools
Schools provided by the listing agent
- Elementary: Myers
- Middle: Walker
- High: West Salem
- District: Salem/Keizer
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








