Skip main navigation
For sale by owner
  • $499,999

    2042 Summit Ave NW, Salem, OR 97304

    4beds
    1,872sqft
    : 
    $3,377/mo
    Get pre-qualified
    SingleFamily
    Built in 1962
    8,712 Square Feet Lot
    $-- Zestimate®
    $267/sqft
    $-- HOA

    What's special

    Formal dining areaGreat natural lighting
    **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.
    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

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      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

        DateEventPrice
        8/19/2026Listed for sale$499,999+0.2%$267/sqft
        Source: Owner Report a problem
        8/1/2026Listing removed$498,999$267/sqft
        Source: WVMLS #838311 Report a problem
        7/15/2026Price change$498,999-0.2%$267/sqft
        Source: WVMLS #838311 Report a problem
        6/27/2026Price change$499,999-2%$267/sqft
        Source: WVMLS #838311 Report a problem
        5/6/2026Price change$509,999-3.8%$272/sqft
        Source: WVMLS #838311 Report a problem
        4/27/2026Price change$529,999+1.9%$283/sqft
        Source: WVMLS #838311 Report a problem
        4/16/2026Listed for sale$519,999$278/sqft
        Source: WVMLS #838311 Report a problem
        4/15/2026Listing removed$850-73.4%
        Source: Zillow Rentals Report a problem
        4/2/2026Listing removed$519,999$278/sqft
        Source: WVMLS #838311 Report a problem
        3/6/2026Listed for sale$519,999+55.2%$278/sqft
        Source: WVMLS #838311 Report a problem
        10/10/2024Listing removed$3,200$2/sqft
        Source: Zillow Rentals Report a problem
        9/24/2024Listed for rent$3,200+147.1%$2/sqft
        Source: Zillow Rentals Report a problem
        2/17/2024Listing removed$335,000-9.5%$179/sqft
        Source: WVMLS #771958 Report a problem
        2/16/2021Sold$370,000+10.4%$198/sqft
        Source: Public Record Report a problem
        1/6/2021Contingent$335,000$179/sqft
        Source: WVMLS #771958 Report a problem
        12/30/2020Listed for sale$335,000+97.1%$179/sqft
        Source: KNIPE REALTY ERA POWERED #771958 Report a problem
        4/30/2015Sold$170,000-5.6%$91/sqft
        Source: Public Record Report a problem
        2/3/2015Pending sale$180,000$96/sqft
        Source: RE/MAX INTEGRITY #684103 Report a problem
        1/16/2015Price change$180,000-5.3%$96/sqft
        Source: RE/MAX INTEGRITY #684103 Report a problem
        11/25/2014Price change$190,000-9.5%$101/sqft
        Source: RE/MAX INTEGRITY #684103 Report a problem
        7/11/2014Listed for sale$209,900-2.8%$112/sqft
        Source: Owner Report a problem
        11/2/2012Listing removed$1,295$1/sqft
        Source: Owner Report a problem
        10/17/2012Price change$1,295-7.2%$1/sqft
        Source: Owner Report a problem
        9/19/2012Price change$1,395-3.5%$1/sqft
        Source: Owner Report a problem
        9/8/2012Listed for rent$1,445$1/sqft
        Source: Owner Report a problem
        12/2/2005Sold$216,000$115/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97304

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts