So much potential on a rare to find quarter acre lot in South Salem! Opportunity awaits! This fixer-upper offers great potential for investors, flippers, or buyers ready to build equity. Spacious lot with room to reimagine and restore. Home needs repairs and updates but provides a solid chance to customize to your vision with room for more. Convenient South Salem location near shopping, parks, and schools. Bring your tools and creativity—don’t miss this value-packed property with endless possibilities!
Sold for $225,000
Listed by: Redfin • JAMES MARTINSON • Contact: 503-999-8929
Bought with: Windermere Heritage
$225,000
226 Mize Rd SE, Salem, OR 97302
3beds
988sqft
Single Family Residence
Built in 1940
0.25 Acres Lot
$250,400 Zestimate®
$228/sqft
$1,906 Estimated rent
Home value
$250,400
$238,000 - $263,000
$1,906/mo
Zestimate® history
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List your homeWhat's special
Spacious lotQuarter acre lot
Zillow last checked:
Listing updated:
Listed by:
JAMES MARTINSON Cell:503-999-8929,
Redfin
Bought with:
MICHAEL WRIGHT
Windermere Heritage
Source: WVMLS,MLS#: 841298
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Features
- Has fireplace: No
Interior area
- Total structure area: 988
- Total interior livable area: 988 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.25 Acres
Details
- Parcel number: 531801
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1940
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $228/sqft
- Tax assessed value: $305,780
- Annual tax amount: $2,530
- Price range: $225K - $225K
- Date on market: 5/21/2026
- Listing agreement: Exclusive Agency
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Sold | $225,000-10%$228/sqft |
Source:  WVMLS #841298 Report a problem | ||
| 5/27/2026 | Contingent | $250,000$253/sqft |
Source: WVMLS #841298 Report a problem | ||
| 5/27/2026 | Pending sale | $250,000$253/sqft |
Source:  RMLS (OR) #164524514 Report a problem | ||
| 5/21/2026 | Listed for sale | $250,000$253/sqft |
Source: WVMLS #841298 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,530 +7.8% | $123,160 +3% |
| 2024 | $2,348 +3% | $119,580 +6.1% |
| 2023 | $2,279 +2.9% | $112,720 |
| 2022 | $2,215 +2.9% | $112,720 +3% |
| 2021 | $2,152 +3% | $109,440 +6.1% |
| 2020 | $2,089 +3.6% | $103,170 |
| 2019 | $2,016 +1.3% | -- |
| 2018 | $1,990 | -- |
| 2017 | $1,990 +25.5% | -- |
| 2016 | $1,586 | -- |
| 2015 | $1,586 +2.5% | -- |
| 2014 | $1,546 +4.6% | -- |
| 2013 | $1,478 | -- |
| 2012 | $1,478 +4.5% | -- |
| 2011 | $1,414 +4.2% | $75,520 +6.1% |
| 2010 | $1,357 +1.1% | $71,200 |
| 2009 | $1,342 +6% | $71,200 +3% |
| 2008 | $1,266 +3.3% | $69,130 |
| 2007 | $1,226 +1.7% | -- |
| 2006 | $1,206 +2% | -- |
| 2005 | $1,182 -0.4% | -- |
| 2004 | $1,187 +4.8% | -- |
| 2003 | $1,133 +2.5% | -- |
| 2002 | $1,105 +3.1% | -- |
| 2001 | $1,072 +3.2% | -- |
| 2000 | $1,039 | -- |
Find assessor info on the county website
Neighborhood: Faye Wright
Nearby homes
- $371,8003 bd1 ba1k sqft238 Mize Rd SE, Salem, OR 97302Off Market
- $380,9003 bd1 ba1.4k sqft215 Idylwood Dr SE, Salem, OR 97302Off Market
- $404,6005 bd1 ba2.5k sqft216 Mize Rd SE, Salem, OR 97302Off Market
- $401,1003 bd1 ba1.4k sqft225 Idylwood Dr SE, Salem, OR 97302Off Market
- $372,9003 bd1 ba1.1k sqft205 Idylwood Dr SE, Salem, OR 97302Off Market
- $360,6003 bd1 ba1.4k sqft4290 Lilly Ave SE, Salem, OR 97302Off Market
- $405,0003 bd2 ba1.6k sqft4297 Pauline Ave SE, Salem, OR 97302Sold
- $361,4003 bd1 ba1.1k sqft246 Mize Rd SE, Salem, OR 97302Off Market
Nearby schools
GreatSchools rating
- 4/10Wright Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10Judson Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Sprague High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Faye Wright
- Middle: Judson
- High: Sprague
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
$250,400
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
$250,400
- Oregon
- Marion County
- Salem
- 97302
- Faye Wright
- 226 Mize Rd SE
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