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For sale
  • Listed by: Homestar Brokers • JENNIFER LARSON • Contact: 503-999-1516
    $648,500

    5240 Chapman St S, Salem, OR 97306

    4beds
    2,207sqft
    : 
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    Single Family Residence
    Built in 1987
    6,627 Square Feet Lot
    $643,800 Zestimate®
    $294/sqft
    $-- HOA

    What's special

    Solar panels ownedFresh exterior paintCozy nice areas throughoutLeafguard systemSpa tubGreat storageNew driveway
    Remodeled South Salem home w/breathtaking 3-mountain views & sunrises. Wood ceilings in living room & deck. Recently updated slap granite kitchen, baths w/subway tile, flooring & paint. New 50-yr roof, gutters, LeafGuard system & 3 skylights. Solar panels owned. Lower level ideal for multi-generational living w/ ADA ramp. Fresh exterior paint. Entertain on gorgeous cov'd deck that leads to beautifully landscaped backyard with pavers, spa tub & more. Great storage, new driveway. Cozy, nice areas throughout.
    3 days
    |
    510
    |
    26
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    JENNIFER LARSON Direc:503-999-1516,

    Homestar Brokers,

    SHANE MATTHEWS,

    Homestar Brokers

    Source: WVMLS,MLS#: 843090MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 2
      Primary bedroom
      • Level: Main
      Bedroom 2
      • Level: Upper
      Bedroom 3
      • Level: Lower
      Bedroom 4
      • Level: Lower
      Dining room
      • Features: Area (Combination)
      • Level: Main
      Family room
      • Level: Lower
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Natural Gas, Solar, Wood, Heat Pump, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Gas Range, Microwave, Range Included, Gas Water Heater
      • Laundry: Lower Level
      Features
      • Breakfast Room/Nook, Workshop
      • Flooring: Carpet, Wood, Laminate
      • Basement: Finished,Daylight
      • Has fireplace: Yes
      • Fireplace features: Family Room, Wood Burning, Stove, Wood Burning Stove
      Interior area
      • Total structure area: 2,207
      • Total interior livable area: 2,207 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: Handicap Amenities - See Remarks
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio, Covered Deck
      • Exterior features: Dark Green
      • Has spa: Yes
      • Spa features: Private
      • Fencing: Fenced
      • Has view: Yes
      • View description: Mountain(s), Territorial
      Lot
      • Size: 6,627 Square Feet
      • Dimensions: 586433
      • Features: Dimension Above, Landscaped
      Details
      • Parcel number: 586433
      • Zoning: 2025

      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: 1987

      Utilities & green energy

      • Electric: Lower/Basement
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Water Connected

      Community & HOA

      Community
      • Security: Security System Leased
      • Subdivision: Pressler Heights
      HOA
      • Has HOA: No
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $294/sqft
      • Tax assessed value: $650,320
      • Annual tax amount: $6,627
      • Price range: $648.5K - $648.5K
      • Date on market: 7/6/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: VA Loan,Cash,ODVA,FHA,Conventional
      • Inclusions: EV charger, spa, sauna, fridge, dinette & W/D

        Estimated market value

        $643,800

        $612,000 - $676,000

        $2,867/mo

        Price history

        DateEventPrice
        7/6/2026Listed for sale$648,500-0.1%$294/sqft
        Source: WVMLS #843090 Report a problem
        6/27/2026Listing removed$649,000$294/sqft
        Source: WVMLS #839857 Report a problem
        4/24/2026Listed for sale$649,000+3.2%$294/sqft
        Source: WVMLS #839857 Report a problem
        2/25/2026Listing removed$629,000$285/sqft
        Source: WVMLS #836131 Report a problem
        2/12/2026Contingent$629,000$285/sqft
        Source: WVMLS #836131 Report a problem
        1/28/2026Price change$629,000-1.6%$285/sqft
        Source: WVMLS #836131 Report a problem
        1/12/2026Price change$639,000-0.8%$290/sqft
        Source: WVMLS #836131 Report a problem
        12/18/2025Listed for sale$644,000+67.3%$292/sqft
        Source: WVMLS #836131 Report a problem
        8/28/2020Sold$385,000$174/sqft
        Source: Public Record Report a problem
        7/9/2020Listed for sale$385,000$174/sqft
        Source: COHO REALTY #765117 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,627 +7.8%$322,560 +3%
        2024$6,149 +3%$313,170 +6.1%
        2023$5,968 +2.9%$295,200
        2022$5,801 +2.9%$295,200 +3%
        2021$5,635 +3%$286,610 +6.1%
        2020$5,471 +3.6%$270,170
        2019$5,279 +1.3%--
        2018$5,211 --
        2017$5,211 +16.3%--
        2016$4,480 --
        2015$4,480 +2.6%--
        2014$4,368 +8.7%--
        2013$4,020 --
        2012$4,020 -1%--
        2011$4,061 +4.2%$216,880 +6.1%
        2010$3,896 +1.1%$204,440
        2009$3,853 +6%$204,440 +3%
        2008$3,635 +3.3%$198,490
        2007$3,520 +1.7%--
        2006$3,463 +2%--
        2005$3,394 -0.4%--
        2004$3,409 +4.9%--
        2003$3,251 +2.6%--
        2002$3,167 +2.9%--
        2001$3,076 +3.2%--
        2000$2,981 --

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Sunnyslope

        Getting around

        6 / 100
        Car-Dependent
        26 / 100
        Some Transit
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Liberty
        • 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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