Accepted Offer with Contingencies. 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!
Under contract
Listed by: Redfin
$250,000
226 Mize Rd SE, Salem, OR 97302
3beds
988sqft
Single Family Residence
Built in 1940
0.25 Acres Lot
$-- Zestimate®
$253/sqft
$-- HOA
What's special
Spacious lotQuarter acre lot
- 23 days |
- 1,267 |
- 59 |
Zillow last checked:
Listing updated:
Listed by:
JAMES MARTINSON Cell:503-999-8929,
Redfin
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: $253/sqft
- Tax assessed value: $305,780
- Annual tax amount: $2,530
- Price range: $250K - $250K
- Date on market: 5/21/2026
- Listing agreement: Exclusive Agency
Estimated market value
Not available
Estimated sales range
Not available
$2,110/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | $1,039 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Faye Wright
Nearby schools
GreatSchools rating
- 4/10Wright Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Judson 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Marion County
- Salem
- 97302
- Faye Wright
- 226 Mize Rd SE
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