Affordable living in SE Salem. Enjoy your morning coffee, wildlife, and even your evening libation from the privacy of your deck overlooking the creek. This unit is nicely updated and well maintained, move in ready. HOA is $314 per month and covers Water, sewer, garbage, exterior maintenance, Common area and exterior insurance landscaping and security gate. Its a perfect Trifecta!, Easy, care free and affordable. It is sure to go fast.
Sold for $274,500
$274,500
4001 12th Street Cutoff APT 40, Salem, OR 97302
3beds
1,171sqft
Condo
Built in 1991
-- sqft lot
$280,600 Zestimate®
$234/sqft
$1,939 Estimated rent
Home value
$280,600
$267,000 - $295,000
$1,939/mo
Zestimate® history
Owner options
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$1,939/mo
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$1,939/mo
Rent Zestimate®
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$1,669/mo
Est. payment
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$1,669/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,171 sqft
Property
Details
- Parcel number: 340411
Construction
Type & style
- Home type: Condo
Materials
- Roof: Composition
Condition
- Year built: 1991
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $234/sqft
- Tax assessed value: $298,200
- Annual tax amount: $3,349
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2023 | Sold | $274,500+17.3%$234/sqft |
Source: Public Record Report a problem | ||
| 2/11/2022 | Sold | $234,000+56.5%$200/sqft |
Source: Public Record Report a problem | ||
| 10/24/2017 | Sold | $149,500-9.1%$128/sqft |
Source: Public Record Report a problem | ||
| 12/12/2008 | Sold | $164,500-8.6%$140/sqft |
Source: Public Record Report a problem | ||
| 2/16/2007 | Sold | $179,900$154/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,349 +7.8% | $163,000 +3% |
| 2024 | $3,107 +3% | $158,260 +6.1% |
| 2023 | $3,016 +2.9% | $149,190 |
| 2022 | $2,932 +2.9% | $149,190 +3% |
| 2021 | $2,848 +3% | $144,850 +6.1% |
| 2020 | $2,765 +3.6% | $136,550 |
| 2019 | $2,668 +1.3% | -- |
| 2018 | $2,634 | -- |
| 2017 | $2,634 +20.9% | -- |
| 2016 | $2,179 | -- |
| 2015 | $2,179 +8.1% | -- |
| 2014 | $2,016 +1% | -- |
| 2013 | $1,997 | -- |
| 2012 | $1,997 -14.7% | -- |
| 2011 | $2,340 +4.2% | $124,980 +6.1% |
| 2010 | $2,245 +1.1% | $117,810 |
| 2009 | $2,220 +6% | $117,810 +3% |
| 2008 | $2,095 +63.2% | $114,380 |
| 2007 | $1,283 | -- |
Find assessor info on the county website
Neighborhood: Morningside
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Nearby schools
GreatSchools rating
- 8/10Morningside Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Leslie Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10South Salem High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$280,600
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
$280,600
- Oregon
- Marion County
- Salem
- 97302
- Morningside
- 4001 12th Street Cutoff Apartment 40
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