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    • $420,000

    4575 Shipps Pl NE, Salem, OR 97305

    5beds
    1,906sqft
    : 
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    Residential, Single Family Residence
    Built in 2007
    3,920 Square Feet Lot
    $-- Zestimate®
    $220/sqft
    $-- HOA

    What's special

    Cozy gas fireplaceVersatile officeEnergy-efficient double-pane windowsDurable cement sidingOpen-concept layout
    Welcome to a spacious 1,886-square-foot home offering incredible potential in a welcoming Northeast Salem neighborhood. Featuring an open-concept layout with 4 beds + den/office + 2.5 baths, this property is intentionally priced at an attractive $420,000. This property offers the unique advantage of built-in financial upside for a buyer or investor willing to handle some cosmetic updates, allowing you to build sweat equity.The home offers a distinct edge over new builds with its larger, more established footprint and a mature quiet neighborhood setting. The main floor features an open living area with 9 ft ceilings, a cozy gas fireplace, a functional kitchen with cherry cabinetry, and a versatile office that could be a 5th bedroom on the main level. Upstairs, there are 4 more generous sized bedrooms. Built on a level lot with durable cement siding, energy-efficient double-pane windows, and an attached 2 car garage, this standout property is a phenomenal opportunity to invest directly into personalizing a home with significant equity potential.
    19 days
    |
    1,018
    |
    77
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Grace Kim 503-799-1835,

    Keller Williams Realty Portland Premiere

    Source: RMLS (OR),MLS#: 505363177MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • Partial bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Bedroom 4, Den, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Level: Upper
      • Area: 156
      • Dimensions: 12 x 13
      Bedroom 2
      • Level: Upper
      • Area: 110
      • Dimensions: 10 x 11
      Bedroom 3
      • Level: Upper
      • Area: 120
      • Dimensions: 10 x 12
      Bedroom 4
      • Level: Upper
      • Area: 90
      • Dimensions: 9 x 10
      Dining room
      • Level: Main
      • Area: 90
      • Dimensions: 9 x 10
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      • Area: 322
      • Dimensions: 14 x 23
      Heating
      • Forced Air
      Cooling
      • Air Conditioning Ready
      Appliances
      • Included: Built-In Range, Dishwasher, Disposal, Free-Standing Refrigerator, Microwave, Plumbed For Ice Maker, Washer/Dryer, Gas Water Heater
      Features
      • High Ceilings, Vaulted Ceiling(s)
      • Flooring: Vinyl
      • Windows: Double Pane Windows
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: Gas
      Interior area
      • Total structure area: 1,906
      • Total interior livable area: 1,906 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Garage Door Opener, Attached
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Garage On Main, Accessibility
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Yard
      • Fencing: Fenced
      • Has view: Yes
      • View description: Seasonal
      Lot
      • Size: 3,920 Square Feet
      • Features: Level, SqFt 3000 to 4999
      Details
      • Parcel number: 339723

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Residential, Single Family Residence
      Materials
      • Cement Siding
      • Foundation: Pillar/Post/Pier
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Gas: Gas
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $220/sqft
      • Tax assessed value: $494,420
      • Annual tax amount: $4,933
      • Date on market: 6/24/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/24/2026Listed for sale$420,000+32.1%$220/sqft
        Source: RMLS (OR) #505363177 Report a problem
        5/14/2020Sold$318,000+2.6%$167/sqft
        Source: RMLS (OR) #20511842 Report a problem
        4/7/2020Pending sale$310,000$163/sqft
        Source: Hybrid Real Estate #20511842 Report a problem
        4/3/2020Listed for sale$310,000+55%$163/sqft
        Source: Hybrid Real Estate #20511842 Report a problem
        8/4/2009Sold$200,000-14.9%$105/sqft
        Source: Public Record Report a problem
        11/1/2008Listing removed$235,000$123/sqft
        Source: Postlets #593326 Report a problem
        9/24/2008Listed for sale$235,000$123/sqft
        Source: Postlets #593326 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,933 +7.8%$240,130 +3%
        2024$4,578 +3%$233,140 +6.1%
        2023$4,443 +2.9%$219,760
        2022$4,318 +2.9%$219,760 +3%
        2021$4,195 +3%$213,360 +6.1%
        2020$4,073 +3.6%$201,120
        2019$3,929 +1.3%--
        2018$3,879 --
        2017$3,879 +16.3%--
        2016$3,335 --
        2015$3,335 +2.6%--
        2014$3,252 +8.9%--
        2013$2,987 --
        2012$2,987 -2.5%--
        2011$3,063 +4.2%$163,560 +6.1%
        2010$2,938 +1.1%$154,180
        2009$2,906 +6%$154,180 +3%
        2008$2,741 +335%$149,690
        2007$630 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: North Lancaster

        Getting around

        32 / 100
        Car-Dependent
        40 / 100
        Some Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Scott
        • Middle: Waldo
        • High: Mckay

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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