Tremendous opportunity to customize and personalize a home in South Salem! 1322 sq ft home with 3 bedrooms, 1.5 bathrooms, and a separate office space. The property also features a newer roof and an unfinished bathroom and bedroom in the garage (permit status unknown). Seller will do no repairs on the property. Sold in current condition. This property is a diamond in the rough and ready to be polished!
Sold for $350,000
Listed by: Keller Williams Realty Portland Premiere • KEVAN WILLES • Contact: 503-505-8065
Bought with: Keller Williams Realty Portland Premiere
$350,000
5074 Lone Oak Rd SE, Salem, OR 97306
3beds
1,322sqft
Single Family Residence
Built in 1972
6,675 Square Feet Lot
$346,800 Zestimate®
$265/sqft
$2,310 Estimated rent
Home value
$346,800
$319,000 - $375,000
$2,310/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
KEVAN WILLES Cell:503-505-8065,
Keller Williams Realty Portland Premiere,
LARRY PETERSON,
Keller Williams Realty Portland Premiere
Bought with:
KEVAN WILLES
Keller Williams Realty Portland Premiere
Source: WVMLS,MLS#: 832164
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Dining room
- Features: Area (Combination)
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Range, Gas Water Heater
Features
- Office
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,322
- Total interior livable area: 1,322 sqft
Property
Parking
- Parking features: Attached
- Has attached garage: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Blue
- Fencing: Partial
Lot
- Size: 6,675 Square Feet
- Dimensions: 75 x 119
- Features: Dimension Above
Details
- Additional structures: Shed(s), RV/Boat Storage
- Parcel number: 593594
- Zoning: RA
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- T111
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $370,350
- Annual tax amount: $3,360
- Price range: $350K - $350K
- Date on market: 8/1/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2025 | Sold | $350,000-6.7%$265/sqft |
Source:  WVMLS #832164 Report a problem | ||
| 8/5/2025 | Pending sale | $375,000$284/sqft |
Source: WVMLS #832164 Report a problem | ||
| 8/1/2025 | Listed for sale | $375,000$284/sqft |
Source: WVMLS #832164 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,622 +7.8% | $176,300 +3% |
| 2024 | $3,361 +3% | $171,170 +6.1% |
| 2023 | $3,262 | $161,350 |
| 2022 | -- | $161,350 +3% |
| 2021 | $3,080 +3% | $156,660 +6.1% |
| 2020 | $2,990 +3.6% | $147,670 |
| 2019 | $2,885 +1.3% | -- |
| 2018 | $2,848 | -- |
| 2017 | $2,848 +16.3% | -- |
| 2016 | $2,449 | -- |
| 2015 | $2,449 +2.6% | -- |
| 2014 | $2,388 +4.6% | -- |
| 2013 | $2,282 | -- |
| 2012 | $2,282 +4.5% | -- |
| 2011 | $2,184 +4.2% | $116,600 +6.1% |
| 2010 | $2,095 +1.1% | $109,920 |
| 2009 | $2,072 +6% | $109,920 +3% |
| 2008 | $1,954 +3.3% | $106,720 |
| 2007 | $1,893 +1.7% | -- |
| 2006 | $1,862 +2% | -- |
| 2005 | $1,825 -0.4% | -- |
| 2004 | $1,833 +4.9% | -- |
| 2003 | $1,748 +2.5% | -- |
| 2002 | $1,706 +3.1% | -- |
| 2001 | $1,654 +3.2% | -- |
| 2000 | $1,603 | -- |
Find assessor info on the county website
Neighborhood: Faye Wright
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Nearby schools
GreatSchools rating
- 4/10Wright Elementary SchoolGrades: K-5Distance: 1 mi
- 6/10Judson Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Sprague High SchoolGrades: 9-12Distance: 1.4 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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Estimated market value
$346,800
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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
$346,800
- Oregon
- Marion County
- Salem
- 97306
- Faye Wright
- 5074 Lone Oak Rd SE
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