Rare opportunity to discover the timeless appeal of this meticulously maintained ranch-style gem in the heart of Alderbrook Manor. Built in 1961, this single-level residence exudes warmth & character, offering a perfect blend of vintage charm and modern comfort. This home captures the essence of mid-century design while providing a cozy & inviting atmosphere. Whether you're relaxing in the living room or enjoying the vibrant blooms in the garden, every corner of this home reflects charm.
Sold for $556,800
Listed by: Windermere Heritage
Bought with: Keller Williams Capital City
$556,800
487 Welcome Ct SE, Salem, OR 97302
3beds
2,036sqft
Single Family Residence
Built in 1961
0.32 Acres Lot
$551,400 Zestimate®
$273/sqft
$2,607 Estimated rent
Home value
$551,400
$524,000 - $579,000
$2,607/mo
Zestimate® history
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List your homeWhat's special
Modern comfortSingle - level residenceVintage charm
Zillow last checked:
Listing updated:
Listed by:
ASHLEIGH FORDHAM Agent:503-930-5512,
Windermere Heritage,
RYAN FORDHAM,
Windermere Heritage
Bought with:
DANA and ALAN BURK
Keller Williams Capital City
Source: WVMLS,MLS#: 814833
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Level: Main
Dining room
- Features: Area (Combination), Formal
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Built-In Range, Gas Range, Gas Water Heater
Features
- Mudroom
- Flooring: Tile, Vinyl, Wood
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room
Interior area
- Total structure area: 2,036
- Total interior livable area: 2,036 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Light Blue
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.32 Acres
- Features: Dimension Above, Landscaped
Details
- Parcel number: 565224
- Zoning: RS
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Lap Siding
- Foundation: Continuous
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected
Community & neighborhood
Location
- Region: Salem
- Subdivision: Alderbrook Manor
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Price range: $556.8K - $556.8K
- Listing terms: Cash,Conventional,VA Loan,ODVA
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2024 | Sold | $556,800+2.2%$273/sqft |
Source:  WVMLS #814833 Report a problem | ||
| 4/2/2024 | Contingent | $545,000$268/sqft |
Source: WVMLS #814833 Report a problem | ||
| 3/27/2024 | Listed for sale | $545,000+66.7%$268/sqft |
Source: WVMLS #814833 Report a problem | ||
| 6/13/2016 | Sold | $326,900-0.9%$161/sqft |
Source: Public Record Report a problem | ||
| 6/2/2016 | Listed for sale | $329,900+50%$162/sqft |
Source: SANDY LYNESS REAL ESTATE INVESTMENTS, LLC #703787 Report a problem | ||
| 10/15/2012 | Sold | $220,000-4.3%$108/sqft |
Source: Public Record Report a problem | ||
| 7/28/2012 | Listed for sale | $229,900$113/sqft |
Source: Coldwell Banker Mountain West Real Estate, Inc. #655251 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,909 +7.8% | $287,620 +3% |
| 2024 | $5,483 +3% | $279,250 +6.1% |
| 2023 | $5,321 | $263,230 |
| 2022 | -- | $263,230 +3% |
| 2021 | -- | $255,570 +6.1% |
| 2020 | $4,878 +3.6% | $240,910 |
| 2019 | $4,707 +1.3% | -- |
| 2018 | $4,646 | -- |
| 2017 | $4,646 +16.3% | -- |
| 2016 | $3,994 | -- |
| 2015 | $3,994 -0.7% | -- |
| 2014 | $4,025 +13.5% | -- |
| 2013 | $3,545 | -- |
| 2012 | $3,545 -2.6% | -- |
| 2011 | $3,640 -0.2% | $201,780 +5.4% |
| 2010 | $3,647 +1.1% | $191,360 |
| 2009 | $3,606 +6% | $191,360 +3% |
| 2008 | $3,402 +3.3% | $185,790 |
| 2007 | $3,295 +1.7% | -- |
| 2006 | $3,241 +2% | -- |
| 2005 | $3,176 -0.4% | -- |
| 2004 | $3,190 +5.1% | -- |
| 2003 | $3,035 +3.1% | -- |
| 2002 | $2,943 +3.3% | -- |
| 2001 | $2,848 +3.5% | -- |
| 2000 | $2,753 | -- |
Find assessor info on the county website
Neighborhood: Faye Wright
Nearby schools
GreatSchools rating
- 4/10Wright Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Judson Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Sprague High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Faye 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.
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- Oregon
- Marion County
- Salem
- 97302
- Faye Wright
- 487 Welcome Ct SE
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