Wonderful, spacious home situated on a .32 acre lot. Updated kitchen with island, granite counters, gas range & stainless appliances. There is room for everyone with 5 bedrooms & a 20'x16' bonus/media room which could serve as a 6th bedroom. Oversized 2 car garage complete with shop space & storage attic. RV/boat parking on side of home. Tranquil back yard with covered patio, hot tub, and built-in fire gas fire pit. A fantastic home located at the end of a cul-de-sac street!
Sold for $663,000
Listed by: The Agency Portland • GENE MORELAND • Contact: 503-577-4848
Bought with: Tradition Real Estate Partners
$663,000
5518 Peachwood Ct SE, Salem, OR 97306
6beds
2,962sqft
Single Family Residence
Built in 1992
0.32 Acres Lot
$683,700 Zestimate®
$224/sqft
$3,767 Estimated rent
Home value
$683,700
$650,000 - $718,000
$3,767/mo
Zestimate® history
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Storage atticSpacious homeCul-de-sac streetCovered patioGranite countersHot tubShop space
Zillow last checked:
Listing updated:
Listed by:
GENE MORELAND 503-577-4848,
The Agency Portland
Bought with:
TREVOR SCHARER
Tradition Real Estate Partners
Source: WVMLS,MLS#: 814083
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Primary bedroom
- Level: Upper
- Area: 221
- Dimensions: 17 x 13
Bedroom 2
- Level: Upper
- Area: 176
- Dimensions: 16 x 11
Bedroom 3
- Level: Upper
- Area: 143
- Dimensions: 13 x 11
Bedroom 4
- Level: Upper
- Area: 143
- Dimensions: 13 x 11
Dining room
- Features: Formal
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Family room
- Level: Main
- Area: 238
- Dimensions: 17 x 14
Kitchen
- Level: Main
- Area: 210
- Dimensions: 15 x 14
Living room
- Level: Main
- Area: 238
- Dimensions: 17 x 14
Heating
- Forced Air, Natural Gas, Hot Water
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Built-In Range, Down Draft, Gas Range, Gas Water Heater
- Laundry: Main Level
Features
- Flooring: Carpet, Laminate
- Has fireplace: Yes
- Fireplace features: Family Room
Interior area
- Total structure area: 2,962
- Total interior livable area: 2,962 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, RV Access/Parking
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Patio, Patio
- Exterior features: Beige
- Has spa: Yes
- Spa features: Heated
- Fencing: Fenced
Lot
- Size: 0.32 Acres
- Features: Cul-De-Sac
Details
- Additional structures: Shed(s), RV/Boat Storage
- Parcel number: 578631
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Roof: Composition
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Electric: 1/Main
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security System Owned
- Subdivision: Ironwood Estates 8
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $224/sqft
- Tax assessed value: $765,340
- Annual tax amount: $7,512
- Price range: $663K - $663K
- Date on market: 3/8/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: See private remarks
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2024 | Sold | $663,000-0.9%$224/sqft |
Source:  WVMLS #814083 Report a problem | ||
| 3/12/2024 | Pending sale | $669,000$226/sqft |
Source: WVMLS #814083 Report a problem | ||
| 3/12/2024 | Contingent | $669,000$226/sqft |
Source: WVMLS #814083 Report a problem | ||
| 3/11/2024 | Pending sale | $669,000$226/sqft |
Source:  RMLS (OR) #24049616 Report a problem | ||
| 3/8/2024 | Listed for sale | $669,000+42.3%$226/sqft |
Source: WVMLS #814083 Report a problem | ||
| 7/12/2016 | Sold | $470,000+2.2%$159/sqft |
Source: Public Record Report a problem | ||
| 5/9/2016 | Price change | $459,900-3.2%$155/sqft |
Source: RE/MAX INTEGRITY - SALEM #702558 Report a problem | ||
| 4/8/2016 | Listed for sale | $475,000$160/sqft |
Source: RE/MAX INTEGRITY - SALEM #702558 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,342 +7.8% | $406,030 +3% |
| 2024 | $7,740 +3% | $394,210 +6.1% |
| 2023 | $7,512 +2.9% | $371,590 |
| 2022 | $7,302 +2.9% | $371,590 +3% |
| 2021 | $7,093 +3% | $360,770 +6.1% |
| 2020 | $6,886 +3.6% | $340,070 |
| 2019 | $6,644 +1.3% | -- |
| 2018 | $6,559 | -- |
| 2017 | $6,559 +16.3% | -- |
| 2016 | $5,639 | -- |
| 2015 | $5,639 -0.7% | -- |
| 2014 | $5,681 +31.1% | -- |
| 2013 | $4,332 | -- |
| 2012 | $4,332 -4.8% | -- |
| 2011 | $4,549 -10.8% | $252,190 -8.8% |
| 2010 | $5,101 -2.1% | $276,540 |
| 2009 | $5,212 +6% | $276,540 +3% |
| 2008 | $4,917 +3.3% | $268,490 |
| 2007 | $4,761 +1.7% | -- |
| 2006 | $4,684 +2.3% | -- |
| 2005 | $4,577 +2.5% | -- |
| 2004 | $4,464 +1.7% | -- |
| 2003 | $4,391 +2.8% | -- |
| 2002 | $4,273 +2.1% | -- |
| 2001 | $4,184 +2.6% | -- |
| 2000 | $4,079 | -- |
Find assessor info on the county website
Neighborhood: South Gateway
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Nearby schools
GreatSchools rating
- 4/10Sumpter Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Judson Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Sprague High SchoolGrades: 9-12Distance: 1.7 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
$683,700
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Estimated market value
$683,700
- Oregon
- Marion County
- Salem
- 97306
- South Gateway
- 5518 Peachwood Ct SE
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