Short sale!a cute cottage conveniently located near downtown Salem, shopping, dining, schools, parks, and everyday amenities. offering a unique opportunity for an investor, renovator, or buyer ready to bring new life to a well-loved property.Bring your ideas and make it your own!This property is being sold as a short sale and is subject to lender approval.Open to investor offers after 14 days
For sale
Listed by: Exp Realty, Llc • CRYSTAL QIAN HU • Contact: Cell: 971-388-0511
$209,000
505 18th St SE, Salem, OR 97301
2beds
672sqft
Single Family Residence
Built in 1925
3,049 Square Feet Lot
$205,700 Zestimate®
$311/sqft
$-- HOA
What's special
Cute cottage
- 40 days
- 4,397
- 181
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
CRYSTAL QIAN HU Cell:971-388-0511,
Exp Realty, Llc
Source: WVMLS,MLS#: 845250
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
Appliances
- Included: Built-In Range
Features
- Flooring: Carpet, Laminate
- Has fireplace: No
Interior area
- Total structure area: 672
- Total interior livable area: 672 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 3,049 Square Feet
Details
- Parcel number: 568563
- Zoning: RS
- Special conditions: Third Party Approval
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $311/sqft
- Tax assessed value: $217,020
- Annual tax amount: $1,706
- Price range: $209K - $209K
- Date on market: 9/1/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: VA Loan,Cash,ODVA,FHA,Conventional
Foreclosure details
Estimated market value
$205,700
$195,000 - $216,000
$1,772/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $209,000-22.6%$311/sqft |
Source:  WVMLS #845250 Report a problem | ||
| 10/20/2025 | Listing removed | $270,000$402/sqft |
Source: WVMLS #828146 Report a problem | ||
| 7/8/2025 | Price change | $270,000-5.3%$402/sqft |
Source: WVMLS #828146 Report a problem | ||
| 5/31/2025 | Price change | $285,000-4.3%$424/sqft |
Source: WVMLS #828146 Report a problem | ||
| 5/21/2025 | Price change | $297,900-0.7%$443/sqft |
Source: WVMLS #828146 Report a problem | ||
| 5/13/2025 | Price change | $299,900-3.2%$446/sqft |
Source: WVMLS #828146 Report a problem | ||
| 4/29/2025 | Price change | $309,900-3.1%$461/sqft |
Source: WVMLS #828146 Report a problem | ||
| 4/25/2025 | Listed for sale | $319,900+30.6%$476/sqft |
Source: WVMLS #828146 Report a problem | ||
| 1/31/2023 | Sold | $245,000+8.9%$365/sqft |
Source:  RMLS (OR) #22505569 Report a problem | ||
| 1/2/2023 | Pending sale | $225,000-8.2%$335/sqft |
Source: RMLS (OR) #22505569 Report a problem | ||
| 10/26/2022 | Listed for sale | $245,000+8.9%$365/sqft |
Source: WVMLS #793889 Report a problem | ||
| 8/2/2022 | Listing removed | -- |
Source: WVMLS #793889 Report a problem | ||
| 7/5/2022 | Contingent | $225,000$335/sqft |
Source: WVMLS #793889 Report a problem | ||
| 6/13/2022 | Listed for sale | $225,000$335/sqft |
Source: WVMLS #793889 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,706 +7.8% | $83,030 +3% |
| 2024 | $1,583 +3% | $80,620 +6.1% |
| 2023 | $1,536 | $76,000 |
| 2022 | -- | $76,000 +3% |
| 2021 | -- | $73,790 +6.1% |
| 2020 | $1,409 +3.6% | $69,570 |
| 2019 | $1,359 +1.3% | -- |
| 2018 | $1,342 | -- |
| 2017 | $1,342 +16.3% | -- |
| 2016 | $1,154 | -- |
| 2015 | $1,154 -0.8% | -- |
| 2014 | $1,162 +8.1% | -- |
| 2013 | $1,076 | -- |
| 2012 | $1,076 +4.5% | -- |
| 2011 | $1,029 +4.2% | $54,960 +6.1% |
| 2010 | $987 +1.1% | $51,810 |
| 2009 | $976 +6% | $51,810 +3% |
| 2008 | $921 +3.3% | $50,310 |
| 2007 | $892 +1.7% | -- |
| 2006 | $878 +2% | -- |
| 2005 | $860 -0.4% | -- |
| 2004 | $864 +4.9% | -- |
| 2003 | $824 +2.5% | -- |
| 2002 | $804 +3.1% | -- |
| 2001 | $780 +3.2% | -- |
| 2000 | $756 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Southeast Salem
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