Approved (4) Lot Sub-Division! Seller carry terms available. This .50 acre lot comes w/an adorable 2bd/1 ba cottage & is fully approve to subdivide into 4 lots! All engineering is complete & was previously reviewed by county for permits to begin improvements. Turn-key & ready to go. Home is in good condition, 964 sq ft, cute updates throughout include lap siding, vinyl windows, hardwood floors, interior/exterior paint & more. Wonderful back patio area is perfect for entertain. LB has ownership interest.
Sold for $460,000
Listed by: Homesmart Realty Group • ZACHARY ZEEK • Contact: 503-551-8836
Bought with: Homesmart Realty Group
$460,000
4140 Durbin Ave SE, Salem, OR 97317
2beds
964sqft
Single Family Residence
Built in 1951
0.5 Acres Lot
$395,200 Zestimate®
$477/sqft
$1,919 Estimated rent
Home value
$395,200
$371,000 - $419,000
$1,919/mo
Zestimate® history
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Exterior paintVinyl windowsHardwood floors
Zillow last checked:
Listing updated:
Listed by:
ZACHARY ZEEK 503-551-8836,
Homesmart Realty Group
Bought with:
JIM SPARKMAN
Homesmart Realty Group
Source: WVMLS,MLS#: 835496
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
Dining room
- Features: Area (Combination)
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Natural Gas, Forced Air, Wall Furnace, Ductless/Mini-Split
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater
Features
- Flooring: Wood
- Has fireplace: No
Interior area
- Total structure area: 964
- Total interior livable area: 964 sqft
Property
Parking
- Parking features: No Garage
- Garage spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Size: 0.5 Acres
Details
- Additional structures: Shed(s), RV/Boat Storage
- Parcel number: 555033
- Zoning: RS
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected
Community & HOA
Community
- Subdivision: Meadowlawn Trac
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $477/sqft
- Tax assessed value: $319,680
- Annual tax amount: $2,025
- Price range: $460K - $460K
- Date on market: 11/25/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: LS Contract,VA Loan,Cash,FHA,Trade,Conventional
- Inclusions: Appliances NOT personal property of tenant
- Exclusions: property of tenant
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Sold | $460,000-2.1%$477/sqft |
Source:  WVMLS #835496 Report a problem | ||
| 12/4/2025 | Contingent | $469,900$487/sqft |
Source: WVMLS #835496 Report a problem | ||
| 11/25/2025 | Listed for sale | $469,900+68.4%$487/sqft |
Source: WVMLS #835496 Report a problem | ||
| 4/10/2024 | Listing removed | $279,000-30.3%$289/sqft |
Source: WVMLS #775186 Report a problem | ||
| 6/10/2022 | Sold | $400,000+1.3%$415/sqft |
Source: Public Record Report a problem | ||
| 5/17/2022 | Contingent | $395,000$410/sqft |
Source: WVMLS #791977 Report a problem | ||
| 5/13/2022 | Listed for sale | $395,000$410/sqft |
Source: WVMLS #791977 Report a problem | ||
| 5/6/2022 | Contingent | $395,000$410/sqft |
Source: WVMLS #791977 Report a problem | ||
| 5/4/2022 | Listed for sale | $395,000+12.9%$410/sqft |
Source: WVMLS #791977 Report a problem | ||
| 4/9/2021 | Sold | $350,000+25.4%$363/sqft |
Source:  RMLS (OR) #21084443 Report a problem | ||
| 4/2/2021 | Pending sale | $279,000$289/sqft |
Source: RMLS (OR) #21084443 Report a problem | ||
| 3/30/2021 | Listed for sale | $279,000+179%$289/sqft |
Source: WVMLS #775186 Report a problem | ||
| 12/26/2013 | Sold | $100,000$104/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,121 +3.4% | $123,660 +3% |
| 2024 | $2,052 +5.5% | $120,060 +6.1% |
| 2023 | $1,946 +2.8% | $113,180 |
| 2022 | $1,893 +8.9% | $113,180 +12.2% |
| 2021 | $1,738 +6.4% | $100,850 +6.1% |
| 2020 | $1,634 -0.7% | $95,070 |
| 2019 | $1,646 -15% | -- |
| 2018 | $1,936 | -- |
| 2017 | $1,936 +40.2% | -- |
| 2016 | $1,381 | -- |
| 2015 | $1,381 +13.1% | -- |
| 2014 | $1,220 +4.3% | -- |
| 2013 | $1,171 | -- |
| 2012 | $1,171 +5.9% | -- |
| 2011 | $1,106 +4.1% | $79,630 +6.1% |
| 2010 | $1,062 +0.8% | $75,070 |
| 2009 | $1,054 -0.1% | $75,070 +3% |
| 2008 | $1,055 +3.9% | $72,890 |
| 2007 | $1,015 +2.3% | -- |
| 2006 | $992 +1.8% | -- |
| 2005 | $975 -0.6% | -- |
| 2004 | $981 +5.7% | -- |
| 2003 | $928 +2.8% | -- |
| 2002 | $902 +1.9% | -- |
| 2001 | $886 +3.8% | -- |
| 2000 | $853 | -- |
Find assessor info on the county website
Neighborhood: Four Corners
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Nearby schools
GreatSchools rating
- 3/10Four Corners Elementary SchoolGrades: K-5Distance: 0.2 mi
- 1/10Houck Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10North Salem High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Four Corners
- Middle: Houck
- 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
$395,200
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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
$395,200
- Oregon
- Marion County
- Salem
- 97317
- Four Corners
- 4140 Durbin Ave SE
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