Tremendous opportunity to customize and personalize a home in South Salem! 1322 sq ft home with 3 bedrooms, 1.5 bathrooms, and a separate office space. The property also features a newer roof and an unfinished bathroom and bedroom in the garage (permit status unknown). Seller will do no repairs on the property. Sold in current condition. This property is a diamond in the rough and ready to be polished!
Sold for $350,000
Listed by:
KEVAN WILLES Cell:503-505-8065,
Keller Williams Realty Portland Premiere,
LARRY PETERSON,
Keller Williams Realty Portland Premiere
Bought with: Keller Williams Realty Portland Premiere
$350,000
5074 Lone Oak Rd SE, Salem, OR 97306
3beds
1,322sqft
Single Family Residence
Built in 1972
6,675 Square Feet Lot
$351,500 Zestimate®
$265/sqft
$2,285 Estimated rent
Home value
$351,500
$323,000 - $380,000
$2,285/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$2,285/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$2,285/mo
Rent Zestimate®
Refinance and save
$2,008/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$2,008/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: September 03, 2025 at 11:49am
Listed by:
KEVAN WILLES Cell:503-505-8065,
Keller Williams Realty Portland Premiere,
LARRY PETERSON,
Keller Williams Realty Portland Premiere
Bought with:
KEVAN WILLES
Keller Williams Realty Portland Premiere
Source: WVMLS,MLS#: 832164
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Dining room
- Features: Area (Combination)
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Range, Gas Water Heater
Features
- Office
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,322
- Total interior livable area: 1,322 sqft
Property
Parking
- Parking features: Attached
- Has attached garage: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Blue
- Fencing: Partial
Lot
- Size: 6,675 sqft
- Dimensions: 75 x 119
- Features: Dimension Above
Details
- Additional structures: Shed(s), RV/Boat Storage
- Parcel number: 593594
- Zoning: RA
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- T111
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Salem
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Price range: $350K - $350K
- Listing terms: Cash,Conventional,VA Loan,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2025 | Sold | $350,000-6.7%$265/sqft |
Source:  WVMLS #832164 Report a problem | ||
| 8/5/2025 | Pending sale | $375,000$284/sqft |
Source: WVMLS #832164 Report a problem | ||
| 8/1/2025 | Listed for sale | $375,000$284/sqft |
Source: WVMLS #832164 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,622 +7.8% | $176,300 +3% |
| 2024 | $3,361 +3% | $171,170 +6.1% |
| 2023 | $3,262 | $161,350 |
Find assessor info on the county website
Neighborhood: Faye Wright
Nearby schools
GreatSchools rating
- 4/10Wright Elementary SchoolGrades: K-5Distance: 1 mi
- 5/10Judson Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Sprague High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Faye Wright
- Middle: Judson
- High: Sprague
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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
$351,500
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
$351,500
- Oregon
- Marion County
- Salem
- 97306
- Faye Wright
- 5074 Lone Oak Rd SE