Opportunity Knocks in South Salem! Located on a spacious .20-acre lot, this versatile property offers endless potential in a prime South Salem location. Whether you're looking for extra storage, space for your toys, or the perfect canvas for your future dream home, this property delivers. Leave it as-is for immediate use or bring your vision to life with a custom build. Opportunities like this don’t come around often—seize the chance to create something special! Buyer to due own due diligence.
Sold for $140,000
Listed by: Re/Max Integrity - Salem • SARAH WALSH • Contact: 541-680-7495
Bought with: Realty One Group Willamette Valley
$140,000
400 Blk Gregory Ln SE, Salem, OR 97302
--beds
--baths
8,549Square Feet
Unimproved Land
Built in ----
8,549 Square Feet Lot
$234,400 Zestimate®
$--/sqft
$2,594 Estimated rent
Home value
$234,400
$195,000 - $281,000
$2,594/mo
Zestimate® history
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$887/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
SARAH WALSH 541-680-7495,
Re/Max Integrity - Salem,
ERIC FISKUM,
Re/Max Integrity - Salem
Bought with:
LUPITA GARCIA ROJAS
Realty One Group Willamette Valley
Source: WVMLS,MLS#: 829637
Facts & features
Property
Features
- Fencing: Fenced
Lot
- Size: 8,549 Square Feet
- Dimensions: 103.29 x 83.58
- Features: Dimension Above, Subdivided
Details
- Additional structures: Workshop, Shed(s)
- Parcel number: 581509
- Zoning: RS
Utilities & green energy
- Utilities for property: Cable Available, Electricity Connected, Phone Available
Community & HOA
Community
- Subdivision: Liberty Gardens Annex 05
Location
- Region: Salem
Financial & listing details
- Tax assessed value: $199,670
- Annual tax amount: $1,448
- Price range: $140K - $140K
- Date on market: 6/3/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,FHA
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2025 | Sold | $140,000-6.7% |
Source:  WVMLS #829637 Report a problem | ||
| 6/5/2025 | Contingent | $150,000 |
Source: WVMLS #829637 Report a problem | ||
| 6/3/2025 | Listed for sale | $150,000 |
Source: WVMLS #829637 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,561 +7.8% | $75,970 +3% |
| 2024 | $1,448 +3% | $73,760 +6.1% |
| 2023 | $1,406 +2.9% | $69,540 |
| 2022 | $1,366 +2.9% | $69,540 +3% |
| 2021 | $1,328 +3% | $67,520 +6.1% |
| 2020 | $1,289 +3.6% | $63,660 |
| 2019 | $1,244 +1.3% | -- |
| 2018 | $1,228 | -- |
| 2017 | $1,228 +16.3% | -- |
| 2016 | $1,056 | -- |
| 2015 | $1,056 +2.5% | -- |
| 2014 | $1,030 +4.6% | -- |
| 2013 | $984 | -- |
| 2012 | $984 +4.5% | -- |
| 2011 | $942 +4.2% | $50,290 +6.1% |
| 2010 | $904 +1.1% | $47,410 |
| 2009 | $893 +6% | $47,410 +3% |
| 2008 | $843 +3.3% | $46,030 |
| 2007 | $816 +1.7% | -- |
| 2006 | $803 +2% | -- |
| 2005 | $787 -0.5% | -- |
| 2004 | $791 +4.9% | -- |
| 2003 | $754 +2.5% | -- |
| 2002 | $736 +3.1% | -- |
| 2001 | $714 +3.2% | -- |
| 2000 | $692 | -- |
Find assessor info on the county website
Neighborhood: Faye Wright
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Nearby schools
GreatSchools rating
- 4/10Wright Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10Judson Middle SchoolGrades: 6-8Distance: 0.2 mi
- 6/10Sprague High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: 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.
- Oregon
- Marion County
- Salem
- 97302
- Faye Wright
- 400 Blk Gregory Ln SE
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