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Sold for $365,000
  • $365,000

    5580 Shannon Ave SE, Salem, OR 97306

    3beds
    1,008sqft
    SingleFamily
    Built in 1977
    5,431 Square Feet Lot
    $360,300 Zestimate®
    $362/sqft
    $2,102 Estimated rent

    Home value

    $360,300

    $331,000 - $393,000

    $2,102/mo

    Zestimate® history
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    $2,253/mo

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    What's special

    Accepted Offer with Contingencies. Extremely well cared for home ready for the lucky new owner. Open living spaces, large closets and plenty of storage. New roof approximately 7 years ago, new dishwasher 2 years ago. Extra large two-car garage with workbench, multiple built in cabinets and laundry room. Backyard and spacious desk is a little paradise. No direct neighbor behind you, this home backs up to the neighborhood park.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air
    Interior area
    • Total interior livable area: 1,008 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Lot
    • Size: 5,431 Square Feet
    Details
    • Parcel number: 580510

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1977

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $35 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $362/sqft
    • Tax assessed value: $345,240
    • Annual tax amount: $3,443

    Price history

    DateEventPrice
    5/30/2025Sold$365,000+62.2%$362/sqft
    Source: Public Record Report a problem
    10/26/2018Listing removed$225,000$223/sqft
    Source: BRIGHTHOME REAL ESTATE GROUP #739144 Report a problem
    9/19/2018Price change$225,000+7.1%$223/sqft
    Source: BRIGHTHOME REAL ESTATE GROUP #739144 Report a problem
    9/13/2018Listed for sale$210,000+22.2%$208/sqft
    Source: BRIGHTHOME REAL ESTATE GROUP #739144 Report a problem
    8/15/2007Sold$171,900$171/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,443 +7.8%$167,580 +3%
    2024$3,195 +3%$162,700 +6.1%
    2023$3,100 $153,370
    2022-- $153,370 +3%
    2021$2,928 +3%$148,910 +6.1%
    2020$2,842 +3.6%$140,370
    2019$2,742 +1.3%--
    2018$2,707 --
    2017$2,707 +16.3%--
    2016$2,328 --
    2015$2,328 +2.6%--
    2014$2,270 +4.6%--
    2013$2,170 --
    2012$2,170 +4.5%--
    2011$2,076 +4.2%$110,850 +6.1%
    2010$1,992 +1.1%$104,500
    2009$1,969 +6%$104,500 +3%
    2008$1,858 +3.3%$101,460
    2007$1,799 +1.7%--
    2006$1,770 +2%--
    2005$1,735 -0.4%--
    2004$1,743 +4.9%--
    2003$1,662 +2.5%--
    2002$1,622 +3.1%--
    2001$1,573 +3.2%--
    2000$1,524 --
    Find assessor info on the county website

    Neighborhood: South Gateway

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Pringle
    • Middle: Judson
    • High: South Salem

    Source: The MLS. 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
    $360,300
    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
    $360,300