Great opportunity for an investment property zoned MU-III. Residence is not financeable in current condition. City water with an old well on site for irrigation. Septic system pumped a few years ago. Ample space for a possible shop based business or possible multi unit development. Buyer to perform all due diligence and seller to perform no repairs.
Sold for $285,000
Listed by: Homesmart Realty Group • COURTNEY HARRIS • Contact: 503-385-7519
Bought with: Non-Member Sale
$285,000
1320 Boone Rd SE, Salem, OR 97306
3beds
1,160sqft
Single Family Residence
Built in 1948
0.53 Acres Lot
$345,000 Zestimate®
$246/sqft
$1,969 Estimated rent
Home value
$345,000
$314,000 - $376,000
$1,969/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
COURTNEY HARRIS Cell:503-385-7519,
Homesmart Realty Group
Bought with:
NOM NON-MEMBER SALE
Non-Member Sale
Source: WVMLS,MLS#: 822167
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
- Area: 167.13
- Dimensions: 10.5 x 15.92
Bedroom 2
- Level: Main
- Area: 112.01
- Dimensions: 10.58 x 10.58
Bedroom 3
- Level: Main
- Area: 109
- Dimensions: 9.08 x 12
Dining room
- Features: Formal
- Level: Main
- Area: 144.23
- Dimensions: 10.75 x 13.42
Kitchen
- Level: Main
- Area: 110.97
- Dimensions: 7.83 x 14.17
Living room
- Level: Main
- Area: 303.19
- Dimensions: 19.25 x 15.75
Heating
- Forced Air, Natural Gas
Appliances
- Included: Electric Range, Range Included, Gas Water Heater
- Laundry: Main Level
Features
- Flooring: Carpet, Vinyl, Wood
- Has fireplace: Yes
- Fireplace features: Living Room, Pellet Stove, Stove
Interior area
- Total structure area: 1,160
- Total interior livable area: 1,160 sqft
Property
Parking
- Parking features: Detached
- Has garage: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Deck, Deck
- Exterior features: Gray
- Fencing: Partial
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.53 Acres
- Features: Landscaped
Details
- Additional structures: Workshop, Shed(s), RV/Boat Storage
- Parcel number: 575240
- Zoning: MU-III
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Cedar, Composite, Shake Siding, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: 1/Main
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Brabenhorst FF 01
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $246/sqft
- Tax assessed value: $311,780
- Annual tax amount: $3,650
- Price range: $285K - $285K
- Date on market: 10/15/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Rehab Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/27/2024 | Sold | $285,000$246/sqft |
Source:  WVMLS #822167 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,052 +7.8% | $197,240 +3% |
| 2024 | $3,760 +3% | $191,500 +6.1% |
| 2023 | $3,649 +2.9% | $180,520 |
| 2022 | $3,547 +2.9% | $180,520 +3% |
| 2021 | $3,446 +3% | $175,270 +6.1% |
| 2020 | $3,346 +3.6% | $165,220 |
| 2019 | $3,228 +1.3% | -- |
| 2018 | $3,187 | -- |
| 2017 | $3,187 +16.3% | -- |
| 2016 | $2,739 | -- |
| 2015 | $2,739 +2.6% | -- |
| 2014 | $2,671 +4.6% | -- |
| 2013 | $2,553 | -- |
| 2012 | $2,553 +4.5% | -- |
| 2011 | $2,443 +4.2% | $130,450 +6.1% |
| 2010 | $2,344 +1.1% | $122,980 |
| 2009 | $2,318 +6% | $122,980 +3% |
| 2008 | $2,187 +3.3% | $119,400 |
| 2007 | $2,118 +1.7% | -- |
| 2006 | $2,083 +2% | -- |
| 2005 | $2,042 | -- |
Find assessor info on the county website
Neighborhood: Morningside
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Nearby schools
GreatSchools rating
- 5/10Pringle Elementary SchoolGrades: K-5Distance: 0.8 mi
- 6/10Judson Middle SchoolGrades: 6-8Distance: 0.9 mi
- 5/10South Salem High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$345,000
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Estimated market value
$345,000
- Oregon
- Marion County
- Salem
- 97306
- Morningside
- 1320 Boone Rd SE
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