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For sale
    • Listed by: Windermere Heritage • LACEY STARK • Contact: Direc: 503-510-5038
    Price cut: $15K (9/29)
    $653,000

    531 Inverness Dr SE, Salem, OR 97306

    3beds
    2,527sqft
    : 
    $4,813/mo
    Get pre-qualified
    Single Family Residence
    Built in 2001
    9,025 Square Feet Lot
    $647,000 Zestimate®
    $258/sqft
    $57/mo HOA

    What's special

    Gas fireplacePrivate rear yardDouble closetsFormal and informal diningLarge windowsGarden areaTile shower
    Wonderful 2001 Tour Home w/rare 36' RV garage. Roof & exterior paint new in 2025. Living room w/high ceilings, large windows & gas fireplace. Formal & informal dining. Kitchen w/granite counters, eating bar, double ovens, 6-burner gas cooktop, microwave & appliance garage. Main-level primary has tray ceiling, double closets, tile shower & soaker tub. Den off the entry. Upstairs loft, 2 guest rooms, bath & bonus rm. Laundry w/cabinets & sink. Lush .21-acre lot w/deck, garden & underground sprinklers. Wonderful 2001 Tour Home featuring a rare 36' RV garage and thoughtful design throughout, plus a new roof and exterior paint in 2025. The living room offers high ceilings, large windows, and a gas fireplace, with both formal and informal dining nearby. The spacious kitchen includes granite counters, an eating bar, double ovens, a 6-burner gas cooktop, microwave, pantry, and an appliance garage. The main-level primary suite features a tray ceiling, double closets, dual sinks, a tile shower, and a relaxing soaker tub framed by a garden window. The downstairs den with french doorsoverlooks the front covered patio, creating a perfect space for work or quiet retreat. The laundry room offers abundant cabinetry and a sink for added convenience. An open banister leads to the loft area upstairs, along with two additional bedrooms, a guest bath, and a family room/rec room with a built-in sitting bench. Additional features include two gas water heaters and a beautifully landscaped .21-acre lot with underground sprinklers, a private rear yard, deck, and garden area.This home blends comfort, craftsmanship, and modern updates—inside and out.
    28 days
    689
    55

    Zillow last checked:

    Listing updated:

    Listed by:

    LACEY STARK Direc:503-510-5038,

    Windermere Heritage

    Source: WVMLS,MLS#: 845122MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      Primary bedroom
      • Level: Main
      Bedroom 2
      • Level: Upper
      Bedroom 3
      • Level: Upper
      Dining room
      • Features: Area (Combination), Formal
      • Level: Main
      Family room
      • Level: Upper
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Gas Range, Built-In Range, Microwave, Gas Water Heater
      • Laundry: Main Level
      Features
      • Breakfast Room/Nook, Den, Smart Home
      • Flooring: Carpet, Vinyl, Wood, Tile
      • Has fireplace: Yes
      • Fireplace features: Living Room, Gas
      Interior area
      • Total structure area: 2,527
      • Total interior livable area: 2,527 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Attached, RV Garage
      • Attached garage spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered Patio, Deck
      • Exterior features: Green
      • Fencing: Partial
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 9,025 Square Feet
      • Features: Irregular Lot, Landscaped
      Details
      • Parcel number: 573625
      • Zoning: RS

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Lap Siding
      • Foundation: Continuous
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2001

      Utilities & green energy

      • Electric: 1/Main
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Water Connected

      Community & HOA

      Community
      • Security: Security System Owned
      • Subdivision: Fairway One at Creekside
      HOA
      • Has HOA: Yes
      • HOA fee: $57 monthly
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $258/sqft
      • Tax assessed value: $666,170
      • Annual tax amount: $9,201
      • Price range: $653K - $653K
      • Date on market: 9/13/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: VA Loan,Cash,FHA,Conventional
      • Inclusions: Refrigerator, Washer and Dryer, Living rm Cabinet
      • Exclusions: None

        Estimated market value

        $647,000

        $615,000 - $679,000

        $3,407/mo

        Price history

        DateEventPrice
        9/29/2026Price change$653,000-2.2%$258/sqft
        Source: WVMLS #845122 Report a problem
        9/13/2026Listed for sale$668,000+73.3%$264/sqft
        Source: WVMLS #845122 Report a problem
        5/31/2017Sold$385,500-0.9%$153/sqft
        Source: Public Record Report a problem
        3/23/2017Listed for sale$389,000+37.5%$154/sqft
        Source: Coldwell Banker Mountain West Real Estate, Inc. #716021 Report a problem
        9/15/2004Sold$282,900$112/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,201 +7.8%$447,860 +3%
        2024$8,537 +3%$434,820 +6.1%
        2023$8,286 +2.9%$409,870
        2022$8,054 +2.9%$409,870 +3%
        2021$7,824 +3%$397,940 +6.1%
        2020$7,596 +3.6%$375,100
        2019$7,329 +1.3%--
        2018$7,235 --
        2017$7,235 +16.3%--
        2016$6,219 --
        2015$6,219 +15.3%--
        2014$5,396 -2.8%--
        2013$5,549 --
        2012$5,549 +5.9%--
        2011$5,240 -9%$290,510 -8.7%
        2010$5,756 -4%$318,130
        2009$5,995 +6%$318,130 +3%
        2008$5,656 +3.3%$308,870
        2007$5,478 +1.7%--
        2006$5,388 +2%--
        2005$5,281 -0.2%--
        2004$5,290 +4.6%--
        2003$5,058 -14.7%--
        2002$5,931 +1012.6%--
        2001$533 +3.2%--
        2000$517 --
        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.
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        Climate risks

        Neighborhood: South Gateway

        Getting around

        14 / 100
        Car-Dependent
        19 / 100
        Minimal Transit
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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