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Sold for $714,999
  • Listed by: Homestar Brokers
    Bought with: Homesmart Realty Group
    $714,999

    5530 Steele Ln SE, Salem, OR 97317

    3beds
    2,066sqft
    Single Family Residence
    Built in 1901
    2.01 Acres Lot
    $715,500 Zestimate®
    $346/sqft
    $3,040 Estimated rent

    Home value

    $715,500

    $680,000 - $751,000

    $3,040/mo

    Zestimate® history
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    What's special

    Modern updatesLarge shopPrivate acreageRv setupChicken coopSpacious garden areaClassic charm
    Updated Farmhouse on Private Acreage – Minutes from Town!Welcome to your dream hobby farm! This beautifully updated 3-bedroom, 2-bath farmhouse sits on a lush, private acreage just outside of town. Enjoy a spacious garden area, RV setup, and a large shop perfect for projects or storage. The property includes a chicken coop and room for animals, with potential for an ADU (buyer to verify). Inside, classic charm meets modern updates, offering comfort and style throughout.

    Zillow last checked:

    Listing updated:

    Listed by:

    AMY STEELE Agent:503-428-6655,

    Homestar Brokers

    Bought with:

    ERIN GARIBAY

    Homesmart Realty Group

    Source: WVMLS,MLS#: 833579MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Upper
    Bedroom 3
    • Level: Upper
    Dining room
    • Features: Area (Combination)
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Electric, Forced Air, Wall Furnace
    Appliances
    • Included: Dishwasher, Disposal, Built-In Range, Convection Oven, Gas Range, Range Included, Gas Water Heater
    • Laundry: Main Level
    Features
    • Mudroom, Office, High Speed Internet
    • Flooring: Carpet
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas
    Interior area
    • Total structure area: 2,066
    • Total interior livable area: 2,066 sqft

    Property

    Parking
    • Parking features: No Garage, RV Disposal
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio
    • Exterior features: Grey
    Lot
    • Size: 2.01 Acres
    Details
    • Additional structures: Workshop, RV/Boat Storage
    • Parcel number: 529960
    • Zoning: AR

    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: 1901

    Utilities & green energy

    • Electric: 1/Main
    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Location
    • Region: Salem

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Price range: $715K - $715K
    • Listing terms: Cash,FHA,Conventional

    Price history

    DateEventPrice
    5/18/2026Sold$714,999$346/sqft
    Source: WVMLS #833579 Report a problem
    5/1/2026Pending sale$714,999$346/sqft
    Source: WVMLS #833579 Report a problem
    4/16/2026Contingent$714,999$346/sqft
    Source: WVMLS #833579 Report a problem
    1/24/2026Price change$714,999-1.4%$346/sqft
    Source: WVMLS #833579 Report a problem
    10/9/2025Price change$724,900-2%$351/sqft
    Source: WVMLS #833579 Report a problem
    9/12/2025Listed for sale$739,900+54.2%$358/sqft
    Source: WVMLS #833579 Report a problem
    8/19/2019Sold$479,900+56.8%$232/sqft
    Source: Public Record Report a problem
    9/14/2006Sold$306,000$148/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,344 +3.1%$280,400 +3%
    2024$3,243 +2.7%$272,240 +8.1%
    2023$3,157 +4.5%$251,950
    2022$3,022 +2.6%$251,950 +3%
    2021$2,947 +3.1%$244,620 +6.1%
    2020$2,858 +2.2%$230,590
    2019$2,796 +8.5%--
    2018$2,578 --
    2017$2,578 +6%--
    2016$2,432 --
    2015$2,432 +1.8%--
    2014$2,389 --

    Find assessor info on the county website

    Neighborhood: 97317

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Turner
    • Middle: Cascade
    • High: Cascade

    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
    $715,500
    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
    $715,500