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Sold for $515,000
  • Listed by: Exp Realty, Llc
    Bought with: Kithkin Real Estate
    $515,000

    4525 27th Ave SE, Salem, OR 97302

    3beds
    1,145sqft
    Single Family Residence
    Built in 1938
    1 Acres Lot
    $511,000 Zestimate®
    $450/sqft
    $2,236 Estimated rent

    Home value

    $511,000

    $470,000 - $557,000

    $2,236/mo

    Zestimate® history
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    What's special

    This cozy 3-bedroom, 2-bath home offers 1,145 sq. ft. of comfortable living space and sits on almost 1 acre of land, providing plenty of room to grow. Recent updates include energy-efficient windows, new siding, and air conditioning for year-round comfort. The property includes two tax lots, making it an ideal opportunity for a second dwelling, shop, or other potential developments. With the land being subdividable, the possibilities are endless for adding value or expanding your space.

    Zillow last checked:

    Listing updated:

    Listed by:

    JASON GILES SR. Cell:541-220-9958,

    Exp Realty, Llc

    Bought with:

    BRANDON FAHLMAN

    Kithkin Real Estate

    Source: WVMLS,MLS#: 822161MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Main
    Dining room
    • Features: Area (Combination)
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Forced Air, Heat Pump
    Appliances
    • Included: Dishwasher
    Features
    • Flooring: Carpet, Wood
    • Has fireplace: No
    Interior area
    • Total structure area: 1,145
    • Total interior livable area: 1,145 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Blue
    Lot
    • Size: 1 Acres
    Details
    • Parcel number: 532203

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Well

    Community & neighborhood

    Location
    • Region: Salem

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Price range: $515K - $515K
    • Listing terms: Cash,Conventional,VA Loan,FHA

    Price history

    DateEventPrice
    6/12/2025Listing removed$2,400$2/sqft
    Source: Zillow Rentals Report a problem
    5/30/2025Listed for rent$2,400$2/sqft
    Source: Zillow Rentals Report a problem
    3/12/2025Sold$515,000-2.8%$450/sqft
    Source: WVMLS #822161 Report a problem
    1/7/2025Pending sale$529,900$463/sqft
    Source: WVMLS #822161 Report a problem
    10/11/2024Listed for sale$529,900-5.4%$463/sqft
    Source: WVMLS #822161 Report a problem
    11/1/2022Listing removed--
    Source: WVMLS #794840 Report a problem
    7/5/2022Listed for sale$559,900+173.1%$489/sqft
    Source: WVMLS #794840 Report a problem
    5/31/2016Sold$205,000+2.5%$179/sqft
    Source: Agent Provided Report a problem
    3/22/2016Listed for sale$200,000-13%$175/sqft
    Source: SUNDANCE REALTY #701767 Report a problem
    10/28/2015Listing removed$229,900$201/sqft
    Source: Owner Report a problem
    10/12/2015Price change$229,900-2.2%$201/sqft
    Source: Owner Report a problem
    10/5/2015Listed for sale$235,000$205/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,519 +7.8%$171,290 +3%
    2024$3,265 +3%$166,310 +6.1%
    2023$3,169 +2.9%$156,770
    2022$3,081 $156,770

    Find assessor info on the county website

    Neighborhood: Morningside

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lee
    • Middle: Judson
    • 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
    $511,000
    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
    $511,000