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Sold for $500,000
  • Listed by: Windermere Heritage • ASHLEIGH FORDHAM • Contact: 503-930-5512
    Bought with: Coldwell Banker Mountain West Real Estate, Inc.
    $500,000

    3420 Balsam Dr S, Salem, OR 97302

    3beds
    2,129sqft
    Single Family Residence
    Built in 1970
    0.31 Acres Lot
    $500,500 Zestimate®
    $235/sqft
    $2,641 Estimated rent

    Home value

    $500,500

    $475,000 - $526,000

    $2,641/mo

    Zestimate® history
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    What's special

    Expansive yardBack workroomSpacious ranch-style homeSurrounded by mature trees
    Welcome to this spacious ranch-style home nestled in the highly desirable Laurel Springs neighborhood, Situated on a large .31 acre lot, this property offers approximately 2,129 square feet of comfortable living space with flexible options to fit your lifestyle. Inside, you'll find a versatile den or second living area, ideal for relaxing or entertaining. A back workroom provides the perfect opportunity for a home office, art studio or additional living space - a wonderful bonus for those who value

    Zillow last checked:

    Listing updated:

    Listed by:

    ASHLEIGH FORDHAM Agent:503-930-5512,

    Windermere Heritage,

    DEANNA GWYN,

    Windermere Heritage

    Bought with:

    SEAN LIMBACH

    Coldwell Banker Mountain West Real Estate, Inc.

    Source: WVMLS,MLS#: 840861MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Main
    Dining room
    • Features: Area (Combination)
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Natural Gas, Forced Air
    Appliances
    • Included: Dishwasher, Disposal, Built-In Range, Gas Range, Microwave, Range Included, Gas Water Heater
    • Laundry: Main Level
    Features
    • Mudroom, Office
    • Flooring: Carpet, Vinyl, Wood
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas
    Interior area
    • Total structure area: 2,129
    • Total interior livable area: 2,129 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: White
    • Fencing: Fenced
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.31 Acres
    • Features: Dimension Above, Landscaped
    Details
    • Additional structures: Shed(s)
    • Parcel number: 580790
    • Zoning: SFR

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Lap Siding
    • Foundation: Continuous
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Laurel Springs Addition
    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $235/sqft
    • Tax assessed value: $529,660
    • Annual tax amount: $5,454
    • Price range: $500K - $500K
    • Date on market: 5/9/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: VA Loan,Cash,ODVA,FHA,Conventional
    • Inclusions: All Kitchen Appliances

    Price history

    DateEventPrice
    6/11/2026Sold$500,000+0%$235/sqft
    Source: WVMLS #840861 Report a problem
    5/14/2026Contingent$499,950$235/sqft
    Source: WVMLS #840861 Report a problem
    5/9/2026Listed for sale$499,950+26.6%$235/sqft
    Source: WVMLS #840861 Report a problem
    11/20/2020Listing removed$395,000$186/sqft
    Source: Real Estate Professionals #767480 Report a problem
    11/20/2020Pending sale$395,000$186/sqft
    Source: Real Estate Professionals #767480 Report a problem
    8/13/2020Listed for sale$395,000+22.7%$186/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES R E PROF #767480 Report a problem
    4/24/2017Sold$322,023+7.4%$151/sqft
    Source: Public Record Report a problem
    4/4/2017Listed for sale$299,900+3.4%$141/sqft
    Source: HOMESMART REALTY GROUP #716457 Report a problem
    10/7/2015Listing removed$289,900$136/sqft
    Source: Coldwell Banker Mountain West Real Estate, Inc. #694055 Report a problem
    9/6/2015Price change$289,900-3.3%$136/sqft
    Source: Coldwell Banker Mountain West Real Estate, Inc. #694055 Report a problem
    8/6/2015Listed for sale$299,900+39.5%$141/sqft
    Source: COLDWELL BANKER MOUNTAIN WEST #694055 Report a problem
    8/15/2002Sold$215,000$101/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,878 +7.8%$286,120 +3%
    2024$5,454 +3%$277,790 +6.1%
    2023$5,293 +2.9%$261,850
    2022$5,145 +2.9%$261,850 +3%
    2021$4,998 +3%$254,230 +6.1%
    2020$4,853 +3.6%$239,650
    2019$4,682 +1.3%--
    2018$4,622 --
    2017$4,622 +16.3%--
    2016$3,974 --
    2015$3,974 -0.7%--
    2014$4,004 +8.1%--
    2013$3,704 --
    2012$3,704 +4.5%--
    2011$3,543 +4.2%$189,220 +6.1%
    2010$3,399 +1.1%$178,360
    2009$3,361 +6%$178,360 +3%
    2008$3,171 +3.3%$173,170
    2007$3,071 +1.7%--
    2006$3,021 +2%--
    2005$2,961 -0.4%--
    2004$2,974 +4.9%--
    2003$2,836 +2.5%--
    2002$2,768 +3.1%--
    2001$2,684 +3.2%--
    2000$2,601 --
    Find assessor info on the county website

    Neighborhood: Southwest

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Candalaria
    • Middle: Leslie
    • High: South 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
    $500,500
    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
    $500,500