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Off market
  • $558,900

    3623 Balm St S, Salem, OR 97302

    4beds
    1,923sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $558,900 Zestimate®
    $291/sqft
    $2,981 Estimated rent

    Home value

    $558,900

    $531,000 - $587,000

    $2,981/mo

    Zestimate® history
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    What's special

    Premium pricing for SHORT TERM lease also available. Deposit and pet fees can be negotiated for individuals affected by the WA/OR floods if credit score is above 680 for all adult parties and have clear criminal background check. Charming 4-Bed, 3-Bath Home 8 Minutes from downtown Salem! Welcome to your dream rental in the heart of a sought-after neighborhood in South Salem! This stunning two-story home boasts 4 spacious bedrooms, 3 modern baths, and a large soaking tub for ultimate relaxation. Features: Gourmet kitchen with wine fridge for your favorite vintages Bright, airy living spaces perfect for entertaining Large backyard with plenty of room to play or relax Cozy 2-car garage for convenience Nestled in a peaceful, new development surrounded by towering pine trees Enjoy the best of both worlds just a 5-minute walk takes you to Nelson Park, offering serene, quiet spaces for relaxation. For outdoor enthusiasts, Minto Brown Park is only 1.5 miles away, featuring miles of stunning walking trails to explore. Plus, you're only 10 minutes from downtown Salem, where you can enjoy vibrant city life while coming home to your peaceful retreat. long! 1 year lease. Short term will be considered at a premium price.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Fireplace
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,923 sqft

    Property

    Parking
    • Parking features: Attached, Off Street
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Heating system: Forced Air
    Details
    • Parcel number: 359123

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $2,500
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $291/sqft
    • Tax assessed value: $662,130
    • Annual tax amount: $6,453
    • Date on market: 11/7/2025
    • Date available: 12/15/2025
    • Lease term: 1 Year

    Price history

    DateEventPrice
    12/29/2025Listing removed$3,700$2/sqft
    Source: Zillow Rentals Report a problem
    12/11/2025Price change$3,700-5.1%$2/sqft
    Source: Zillow Rentals Report a problem
    11/7/2025Price change$3,900+2.6%$2/sqft
    Source: Zillow Rentals Report a problem
    10/25/2025Price change$3,800-2.6%$2/sqft
    Source: Zillow Rentals Report a problem
    10/5/2025Listed for rent$3,900$2/sqft
    Source: Zillow Rentals Report a problem
    4/26/2025Listing removed$3,900$2/sqft
    Source: Zillow Rentals Report a problem
    4/17/2025Listed for rent$3,900+11.4%$2/sqft
    Source: Zillow Rentals Report a problem
    2/18/2025Listing removed$3,500$2/sqft
    Source: Zillow Rentals Report a problem
    1/25/2025Price change$3,500-2.5%$2/sqft
    Source: Zillow Rentals Report a problem
    1/20/2025Price change$3,590-0.3%$2/sqft
    Source: Zillow Rentals Report a problem
    1/14/2025Price change$3,600-7.7%$2/sqft
    Source: Zillow Rentals Report a problem
    1/11/2025Listed for rent$3,900$2/sqft
    Source: Zillow Rentals Report a problem
    8/24/2023Sold$520,000-1%$270/sqft
    Source: eXp Realty #183583113 Report a problem
    7/26/2023Contingent$525,000$273/sqft
    Source: WVMLS #805312 Report a problem
    7/15/2023Price change$525,000-8.7%$273/sqft
    Source: WVMLS #805312 Report a problem
    6/9/2023Price change$575,000-4.2%$299/sqft
    Source: WVMLS #805312 Report a problem
    5/24/2023Listed for sale$600,000$312/sqft
    Source: WVMLS #805312 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,453 +7.8%$314,090 +3%
    2024$5,987 +3%$304,950 +6.1%
    2023$5,811 +2.9%$287,450
    2022$5,648 +341.7%$287,450 +342%
    2021$1,279 +3%$65,040
    2020$1,242 --
    Find assessor info on the county website

    Neighborhood: Southwest

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $558,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $558,900