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Sold for $400,000
  • Listed by: Real Broker • CHRISTINE FOLZ • Contact: 503-949-3087
    Bought with: Exp Realty, Llc
    $400,000

    2505 5th St NE, Salem, OR 97301

    3beds
    1,456sqft
    Single Family Residence
    Built in 1910
    8,400 Square Feet Lot
    $397,900 Zestimate®
    $275/sqft
    $2,432 Estimated rent

    Home value

    $397,900

    $366,000 - $434,000

    $2,432/mo

    Zestimate® history
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    What's special

    Spacious fully fenced yardOriginal refinished hardwood floorsLaminate flooringElectric gateRaised garden bedsNew exterior paint
    Classic home with spacious fully fenced yard, high ceilings on both floors & timeless charm! Main floor features laminate flooring, upper level has original refinished hardwood floors. Electrical & plumbing updates, high-efficiency in-line water heater & extra basement storage. New exterior paint (March 2022), furnace (Nov 2021) & 200-amp electrical panel(April 2024) Large yard has raised garden beds & 2 storage sheds. Attached newer 2 car garage & electric gate. Character-filled home w/modern upgrades!

    Zillow last checked:

    Listing updated:

    Listed by:

    CHRISTINE FOLZ Agent:503-949-3087,

    Real Broker

    Bought with:

    CHRISTINE KITES

    Exp Realty, Llc

    Source: WVMLS,MLS#: 823948MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 156.99
    • Dimensions: 14.83 x 10.58
    Bedroom 2
    • Level: Upper
    • Area: 155
    • Dimensions: 12.92 x 12
    Bedroom 3
    • Level: Upper
    • Area: 147.5
    • Dimensions: 14.75 x 10
    Dining room
    • Features: Formal
    • Level: Main
    • Area: 145.52
    • Dimensions: 13.75 x 10.58
    Kitchen
    • Level: Main
    • Area: 302.22
    • Dimensions: 22.67 x 13.33
    Living room
    • Level: Main
    • Area: 177.6
    • Dimensions: 12.92 x 13.75
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dishwasher, Electric Range, Microwave, Range Included, Electric Water Heater
    • Laundry: Main Level
    Features
    • Flooring: Laminate, Wood
    • Basement: Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 1,456
    • Total interior livable area: 1,456 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Covered Deck
    • Exterior features: Beige
    • Fencing: Fenced
    Lot
    • Size: 8,400 Square Feet
    • Dimensions: 120 x 70
    • Features: Landscaped
    Details
    • Additional structures: Shed(s), RV/Boat Storage
    • Parcel number: 571910
    • Zoning: RS

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Cedar, Lap Siding
    • Foundation: Continuous
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Electric: 1/Main
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Subdivision: Eddy's Add
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $275/sqft
    • Tax assessed value: $458,530
    • Annual tax amount: $3,055
    • Price range: $400K - $400K
    • Date on market: 12/18/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,VA Loan,FHA,ODVA
    • Inclusions: Kitchen appliances and W/D

    Price history

    DateEventPrice
    2/18/2025Sold$400,000+2.6%$275/sqft
    Source: WVMLS #823948 Report a problem
    1/13/2025Contingent$390,000$268/sqft
    Source: WVMLS #823948 Report a problem
    1/12/2025Price change$390,000-2.5%$268/sqft
    Source: WVMLS #823948 Report a problem
    12/18/2024Listed for sale$400,000+81.8%$275/sqft
    Source: WVMLS #823948 Report a problem
    1/17/2023Sold$220,000-8.7%$151/sqft
    Source: Public Record Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    2/24/2019Listing removed$241,000$166/sqft
    Source: Owner Report a problem
    11/26/2018Pending sale$241,000$166/sqft
    Source: Owner Report a problem
    11/2/2018Price change$241,000-0.4%$166/sqft
    Source: Owner Report a problem
    10/16/2018Price change$242,000-0.6%$166/sqft
    Source: Owner Report a problem
    9/29/2018Price change$243,403-7.6%$167/sqft
    Source: Owner Report a problem
    9/28/2018Listed for sale$263,500$181/sqft
    Source: Keller Williams Realty Mid-Willamette #18471630 Report a problem
    9/28/2018Pending sale$263,500$181/sqft
    Source: Keller Williams Realty Mid-Willamette #18471630 Report a problem
    9/27/2018Listed for sale$263,500$181/sqft
    Source: RIST Group at Keller Williams Realty Report a problem
    9/12/2018Pending sale$263,500$181/sqft
    Source: Keller Williams Realty Mid-Willamette Report a problem
    8/29/2018Price change$263,500-0.6%$181/sqft
    Source: Keller Williams Realty Mid-Willamette Report a problem
    8/15/2018Price change$265,000-7%$182/sqft
    Source: KELLER WILLIAMS REALTY MID WILLAMETTE #738073 Report a problem
    7/29/2018Price change$285,000-3.4%$196/sqft
    Source: Owner Report a problem
    7/25/2018Listed for sale$295,000$203/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,392 +7.8%$165,090 +3%
    2024$3,147 +3%$160,290 +6.1%
    2023$3,055 +2.9%$151,100
    2022$2,969 +2.9%$151,100 +3%
    2021$2,884 +3%$146,700 +57.2%
    2020$2,800 +53.6%$93,310
    2019$1,823 +1.3%--
    2018$1,800 --
    2017$1,800 +16.3%--
    2016$1,547 --
    2015$1,547 +2.5%--
    2014$1,509 +4.6%--
    2013$1,443 --
    2012$1,443 +4.5%--
    2011$1,380 +4.2%$73,700 +6.1%
    2010$1,324 +1.1%$69,480
    2009$1,309 +6%$69,480 +3%
    2008$1,235 +3.3%$67,460
    2007$1,196 +1.6%--
    2006$1,177 +2%--
    2005$1,154 -0.5%--
    2004$1,159 +4.9%--
    2003$1,105 +2.5%--
    2002$1,079 +3.1%--
    2001$1,046 +3.2%--
    2000$1,014 --
    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
    $397,900
    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
    $397,900