Journey into the past and envision your future in this meticulously crafted home, a debut on the market! Custom built in '66 on 1.89 acres, offering a fully fenced, secluded setting & plenty of parking. Privately nestled a mile from downtown in West Salem, this home also boasts dual living potential. Inspiring shop w/ cozy fireplace beckons wood hobbyists & mechanics alike, while the lower acre promises a gardener's delight. RM1 zoning for potential future development, seize this unique opportunity today!
Sold for $640,000
Listed by: Smi Real Estate • HANNAH FOUTS-SPARKS • Contact: 971-218-6225
Bought with: Smi Real Estate
$640,000
560 Hope Ave NW, Salem, OR 97304
5beds
3,572sqft
Single Family Residence
Built in 1966
1.89 Acres Lot
$725,900 Zestimate®
$179/sqft
$3,746 Estimated rent
Home value
$725,900
$661,000 - $798,000
$3,746/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
HANNAH FOUTS-SPARKS 971-218-6225,
Smi Real Estate,
JORDAN SPARKS,
Smi Real Estate
Bought with:
JORDAN SPARKS
Smi Real Estate
Source: WVMLS,MLS#: 814796
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
Dining room
- Features: Area (Combination)
Heating
- Electric, Radiant Ceiling, Stove, Wood, Zoned
Appliances
- Included: Dishwasher, Built-In Range, Electric Range, Range Included, Electric Water Heater
Features
- Flooring: Carpet, Vinyl, Wood
- Basement: Daylight,Finished
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room, Stove, Wood Burning
Interior area
- Total structure area: 3,572
- Total interior livable area: 3,572 sqft
Property
Parking
- Parking features: Carport
- Garage spaces: 4
- Has carport: Yes
Accessibility
- Accessibility features: Handicap Amenities - See Remarks
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Patio, Deck
- Exterior features: Gray
- Fencing: Fenced
Lot
- Size: 1.89 Acres
- Features: Landscaped
Details
- Additional structures: Workshop, Shed(s), RV/Boat Storage
- Parcel number: 347967
- Zoning: RM1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Cedar, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $667,860
- Annual tax amount: $6,165
- Price range: $640K - $640K
- Date on market: 4/4/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,FHA
- Inclusions: Personal items in home/shop
- Exclusions: Marble Bench front yard, antique range downstairs
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2024 | Sold | $640,000-11.7%$179/sqft |
Source:  WVMLS #814796 Report a problem | ||
| 7/29/2024 | Pending sale | $725,000$203/sqft |
Source:  RMLS (OR) #24131048 Report a problem | ||
| 7/26/2024 | Contingent | $725,000$203/sqft |
Source: WVMLS #814796 Report a problem | ||
| 7/9/2024 | Price change | $725,000-11%$203/sqft |
Source: WVMLS #814796 Report a problem | ||
| 5/29/2024 | Price change | $815,000-4.1%$228/sqft |
Source: WVMLS #814796 Report a problem | ||
| 5/3/2024 | Price change | $850,000-3.4%$238/sqft |
Source: WVMLS #814796 Report a problem | ||
| 4/4/2024 | Listed for sale | $879,900$246/sqft |
Source: WVMLS #814796 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,349 +3% | $336,930 +3% |
| 2023 | $6,165 +3.3% | $327,120 +3% |
| 2022 | $5,968 +2.9% | $317,600 +3% |
| 2021 | $5,798 +3.1% | $308,350 +3% |
| 2020 | $5,625 +3.6% | $299,370 +3% |
| 2019 | $5,429 | $290,660 +3% |
| 2018 | $5,429 +1.7% | $282,200 +3% |
| 2017 | $5,339 +11% | $273,990 +3% |
| 2016 | $4,812 +2.4% | $266,010 +3% |
| 2015 | $4,697 -0.8% | $258,270 +3% |
| 2014 | $4,737 +7.8% | $250,750 +3% |
| 2013 | $4,392 +0.4% | $243,450 +1.9% |
| 2012 | $4,375 +4.5% | $239,020 +3% |
| 2011 | $4,185 +4.4% | $232,060 +3% |
| 2010 | $4,010 +1.4% | $225,310 +3% |
| 2009 | $3,954 +6% | $218,750 +3% |
| 2008 | $3,729 +2.5% | $212,380 +3% |
| 2007 | $3,638 +55.9% | $206,200 +3% |
| 2006 | $2,334 +1.2% | $200,200 +3% |
| 2005 | $2,307 -1.3% | $194,370 +3% |
| 2004 | $2,338 +17.5% | $188,710 +12.9% |
| 2002 | $1,990 +2% | $167,120 +3% |
| 2001 | $1,951 +3.6% | $162,260 +3% |
| 2000 | $1,883 | $157,540 |
Find assessor info on the county website
Neighborhood: 97304
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Nearby schools
GreatSchools rating
- 5/10Harritt Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Walker Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10West Salem High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Harritt
- Middle: Walker
- 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
$725,900
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
$725,900
- Oregon
- Polk County
- Salem
- 97304
- 560 Hope Ave NW
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