Sold for $375,000

Listed by: Homesmart Realty Group • NANCY ROCHA ALLEY • Contact: 503-510-5326

Bought with: Reger Homes, Llc

$375,000

5393 Faith Ave NE, Salem, OR 97305

4beds

1,598sqft

Single Family Residence

Built in 1946

5,821 Square Feet Lot

$371,900 Zestimate^®

$235/sqft

$2,448 Estimated rent

Home value

$371,900

$342,000 - $402,000

$2,448/mo

Zestimate^® history

Owner options

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$2,448/mo

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$2,448/mo

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$2,297/mo

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$2,297/mo

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What's special

Fenced yardPark-like settingBeautifully designed kitchenLaundry roomsHardwood and stone flooring

USDA area(no down payment if you qualify) Looking for a 4 bedroom home with 2 full baths AND an office/flex space! New roof in 2023. Many updates-carpet, laundry room flooring/subfloor, security doors, appliances (some still under warranty)Disposal only 2 years old. Hardwood and stone flooring, beautifully designed kitchen with pull out drawers, bath, and laundry rooms, fenced yard and large side yard. Park-like setting! Large shed! Basement not included in square feet. Low taxes! Gervais school district.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Dining room

Features: Area (Combination)

Heating

Forced Air, Natural Gas

Appliances

Included: Dishwasher, Disposal, Built-In Range, Electric Range, Electric Water Heater

Features

Office
Flooring: Carpet, Laminate, Wood
Basement: Finished
Has fireplace: Yes
Fireplace features: Electric, Living Room

Interior area

Total structure area: 1,598
Total interior livable area: 1,598 sqft

Property

Parking

Parking features: No Garage

Features

Levels: Tri-Level
Exterior features: Green
Fencing: Partial

Lot

Size: 5,821 Square Feet
Features: Cul-De-Sac

Details

Additional structures: Shed(s)
Parcel number: 332649
Zoning: RM

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Cedar, Lap Siding
Roof: Composition

Condition

New construction: No
Year built: 1946

Utilities & green energy

Sewer: Public Sewer
Water: Well

Community & HOA

Community

Subdivision: 5542 Bethel Park

HOA

Has HOA: No

Location

Region: Salem

Financial & listing details

Price per square foot: $235/sqft
Tax assessed value: $336,980
Annual tax amount: $1,334
Price range: $375K - $375K
Date on market: 7/9/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,VA Loan,FHA

Price history

Date	Event	Price
9/19/2025	Sold	$375,000+4.2%$235/sqft
Source: WVMLS #831102 Report a problem
8/30/2025	Contingent	$359,900$225/sqft
Source: WVMLS #831102 Report a problem
8/26/2025	Price change	$359,900-4%$225/sqft
Source: WVMLS #831102 Report a problem
8/21/2025	Price change	$375,000-2.6%$235/sqft
Source: WVMLS #831102 Report a problem
7/29/2025	Price change	$384,900-3.8%$241/sqft
Source: WVMLS #831102 Report a problem
7/9/2025	Listed for sale	$399,900+18.3%$250/sqft
Source: WVMLS #831102 Report a problem
6/19/2025	Listing removed	$2,600$2/sqft
Source: Zillow Rentals Report a problem
5/30/2025	Listed for rent	$2,600$2/sqft
Source: Zillow Rentals Report a problem
4/26/2023	Listing removed	--
Source: HomeSmart Report a problem
3/24/2023	Pending sale	$338,005$212/sqft
Source: HomeSmart #22654051 Report a problem
3/24/2023	Listing removed	--
Source: HomeSmart Report a problem
2/16/2023	Pending sale	$338,005+0.9%$212/sqft
Source: RMLS (OR) #22654051 Report a problem
2/15/2023	Sold	$334,905-0.9%$210/sqft
Source: RMLS (OR) #22654051 Report a problem
12/29/2022	Contingent	$338,005$212/sqft
Source: WVMLS #798777 Report a problem
12/6/2022	Price change	$338,005-2.9%$212/sqft
Source: RMLS (OR) #22654051 Report a problem
12/2/2022	Price change	$348,005-0.3%$218/sqft
Source: RMLS (OR) #22654051 Report a problem
10/24/2022	Price change	$349,005-4.9%$218/sqft
Source: WVMLS #798777 Report a problem
10/17/2022	Price change	$367,005-1.3%$230/sqft
Source: WVMLS #798777 Report a problem
10/12/2022	Listed for sale	$372,005+45.9%$233/sqft
Source: WVMLS #798777 Report a problem
11/19/2018	Sold	$255,000+102.4%$160/sqft
Source: Public Record Report a problem
6/8/2007	Sold	$126,000+487.5%$79/sqft
Source: Public Record Report a problem
10/31/2003	Sold	$21,447$13/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,387 +3.9%	$100,660 +3%
2024	$1,334 -27.5%	$97,730 +6.1%
2023	$1,841 -0.7%	$92,130
2022	$1,854 -11.8%	$92,130 +3%
2021	$2,101 +50.9%	$89,450 +6.1%
2020	$1,392 +0.9%	$84,330
2019	$1,380 +45.6%	--
2018	$947	--
2017	$947 -18.8%	--
2016	$1,167	--
2015	$1,167 +20%	--
2014	$972	--