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Sold for $290,000
    • Listed by: Homesmart Realty Group - Keizer • BOB SHACKELFORD • Contact: 503-983-4086
    Bought with: Realty Of America, Llc
    $290,000

    551 Riverview Dr NW, Salem, OR 97304

    2beds
    946sqft
    Single Family Residence
    Built in 1955
    7,319 Square Feet Lot
    $400,500 Zestimate®
    $307/sqft
    $1,802 Estimated rent

    Home value

    $400,500

    $380,000 - $421,000

    $1,802/mo

    Zestimate® history
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    What's special

    Charming 2 bedroom, 1 bath home with 946 sq ft of living space on a large lot in a desirable West Salem neighborhood. Original hardwood floors add classic character throughout. Spacious garage plus carport offers plenty of parking. Property is being sold AS IS, with excellent potential for an ADU off the back of the garage. Great opportunity for investors or homeowners looking to add value.

    Zillow last checked:

    Listing updated:

    Listed by:

    BOB SHACKELFORD Cell:503-983-4086,

    Homesmart Realty Group - Keizer

    Bought with:

    JOSSELYN TOSCANO

    Realty Of America, Llc

    Source: WVMLS,MLS#: 833026MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Baseboard
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: Wood
    • Has fireplace: No
    Interior area
    • Total structure area: 946
    • Total interior livable area: 946 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Blue
    • Fencing: Fenced
    Lot
    • Size: 7,319 Square Feet
    • Dimensions: 62 x 116
    Details
    • Additional structures: RV/Boat Storage
    • Parcel number: 261847

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Cedar
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Kingwood Vista
    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $307/sqft
    • Tax assessed value: $323,500
    • Annual tax amount: $2,784
    • Price range: $290K - $290K
    • Date on market: 8/26/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash

    Price history

    DateEventPrice
    2/14/2026Listing removed$2,100$2/sqft
    Source: Zillow Rentals Report a problem
    2/1/2026Listed for rent$2,100$2/sqft
    Source: Zillow Rentals Report a problem
    1/21/2026Listing removed$409,000$432/sqft
    Source: eXp Realty #835353 Report a problem
    12/12/2025Listed for sale$409,000+41%$432/sqft
    Source: WVMLS #835353 Report a problem
    9/5/2025Sold$290,000+5.5%$307/sqft
    Source: WVMLS #833026 Report a problem
    8/28/2025Pending sale$274,900$291/sqft
    Source: WVMLS #833026 Report a problem
    8/26/2025Listed for sale$274,900$291/sqft
    Source: WVMLS #833026 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,784 +3%$147,750 +3%
    2023$2,704 +3.3%$143,450 +3%
    2022$2,617 +2.9%$139,280 +3%
    2021$2,543 +3.1%$135,230 +3%
    2020$2,467 +3.6%$131,300 +3%
    2019$2,381 $127,480 +3%
    2018$2,381 +1.7%$123,770 +3%
    2017$2,342 +11%$120,170 +3%
    2016$2,110 +2.4%$116,670 +3%
    2015$2,060 -0.8%$113,280 +3%
    2014$2,078 +7.8%$109,990 +3%
    2013$1,927 -0.5%$106,790 +0.9%
    2012$1,936 +4.5%$105,790 +3%
    2011$1,852 +4.4%$102,710 +3%
    2010$1,775 +1.4%$99,720 +3%
    2009$1,750 +6%$96,820 +3%
    2008$1,651 +2.5%$94,000 +3%
    2007$1,610 +4.1%$91,270 +3%
    2006$1,547 +1.8%$88,620 +3%
    2005$1,520 -0.8%$86,040 +3%
    2004$1,532 +7.7%$83,540 +6.1%
    2002$1,422 +3%$78,750 +3%
    2001$1,380 +2.7%$76,460 +3%
    2000$1,344 $74,240
    Find assessor info on the county website

    Neighborhood: West Salem

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Myers
    • Middle: Waldo
    • High: West Salem

    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
    $400,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $400,500

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