Better than new & move in ready! This beautifully maintained single level home offers an open concept floor plan with upgrades throughout. The kitchen is the heart of the home, featuring upgraded finishes, abundant counter space, & seamless flow into the living & dining areas. The spacious primary suite includes a walk in closet & dual sinks. Enjoy an oversized covered patio & low maintenance backyard with turf grass, perfect for year round outdoor living. Pride of ownership shines throughout!
Sold for $505,000
Listed by: Smi Real Estate • HANNAH FOUTS-SPARKS • Contact: 971-218-6225
Bought with: Homesmart Realty Group
$505,000
518 Sarah Renee Ave SE, Salem, OR 97306
3beds
1,542sqft
Single Family Residence
Built in 2023
4,200 Square Feet Lot
$514,300 Zestimate®
$327/sqft
$2,651 Estimated rent
Home value
$514,300
$489,000 - $540,000
$2,651/mo
Zestimate® history
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$3,093/mo
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List your homeWhat's special
Walk in closetAbundant counter spaceOversized covered patioDual sinksSpacious primary suiteUpgraded finishesOpen concept floor plan
Zillow last checked:
Listing updated:
Listed by:
HANNAH FOUTS-SPARKS 971-218-6225,
Smi Real Estate,
JORDAN SPARKS,
Smi Real Estate
Bought with:
BRIAN SMITH
Homesmart Realty Group
Source: WVMLS,MLS#: 834690
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 178.22
- Dimensions: 13.3 x 13.4
Bedroom 2
- Level: Main
- Area: 115
- Dimensions: 10 x 11.5
Bedroom 3
- Level: Main
- Area: 92.92
- Dimensions: 10.2 x 9.11
Dining room
- Features: Area (Combination)
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Range, Range Included, Electric Water Heater
- Laundry: Main Level
Features
- High Speed Internet
- Flooring: Carpet, Vinyl
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 1,542
- Total interior livable area: 1,542 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Patio, Patio
- Exterior features: Gray
- Fencing: Fenced
Lot
- Size: 4,200 Square Feet
- Features: Dimension Above, Landscaped
Details
- Parcel number: 607317
- Zoning: RS
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Composite, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Electric: 1/Main
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Springwood
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $477,720
- Annual tax amount: $5,036
- Price range: $505K - $505K
- Date on market: 10/28/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,FHA
- Inclusions: Fridge
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Sold | $505,000-1.9%$327/sqft |
Source:  WVMLS #834690 Report a problem | ||
| 6/19/2026 | Contingent | $515,000$334/sqft |
Source: WVMLS #834690 Report a problem | ||
| 4/17/2026 | Price change | $515,000-1.9%$334/sqft |
Source: WVMLS #834690 Report a problem | ||
| 2/13/2026 | Price change | $525,000-1.9%$340/sqft |
Source: WVMLS #834690 Report a problem | ||
| 12/2/2025 | Price change | $535,000-1.8%$347/sqft |
Source: WVMLS #834690 Report a problem | ||
| 10/28/2025 | Listed for sale | $544,900-14.8%$353/sqft |
Source: WVMLS #834690 Report a problem | ||
| 2/19/2025 | Listing removed | $639,900$415/sqft |
Source:  Don Lulay Homes Report a problem | ||
| 4/25/2024 | Listed for sale | $639,900+22.6%$415/sqft |
Source: Don Lulay Homes Report a problem | ||
| 4/12/2024 | Sold | $521,850-18.4%$338/sqft |
Source: Public Record Report a problem | ||
| 11/18/2023 | Price change | $639,900+23.1%$415/sqft |
Source: Don Lulay Homes Report a problem | ||
| 11/17/2023 | Listed for sale | $519,900$337/sqft |
Source: Don Lulay Homes Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,036 +236.7% | $245,110 +221.8% |
| 2024 | $1,496 +814.9% | $76,180 |
| 2023 | $163 | -- |
Find assessor info on the county website
Neighborhood: South Gateway
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Nearby schools
GreatSchools rating
- 4/10Sumpter Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Judson Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Sprague High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Sumpter
- Middle: Crossler
- 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
$514,300
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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
$514,300
- Oregon
- Marion County
- Salem
- 97306
- South Gateway
- 518 Sarah Renee Ave SE
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