For sale

Listed by: Exp Realty, Llc

Price cut: $5K (5/28)

$579,000

5401 E Ridge St S, Salem, OR 97306

3beds

2,340sqft

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Single Family Residence

Built in 1994

0.25 Acres Lot

$577,600 Zestimate^®

$247/sqft

$-- HOA

What's special

Dining areaIncredible viewsNew carpet downstairsOpen-concept main levelNew granite countertops

Welcome to this beautiful home with incredible views! Enjoy an open-concept main level with a spacious living room, dining area, and large kitchen featuring an island and new granite countertops. The primary bedroom includes an ensuite bathroom with walk-in shower, and all bedrooms offer walk-in closets. Downstairs features new carpet and a second living area with a separate entrance, perfect for guests or multi-gen living. The new deck is perfect for taking in the view! There is plenty of space for RVs, trailers and toys, plus 50-amp power and water hookups on the side. Upgrades include tankless water heater, dual fuel furnace and A/C, new carpet downstairs, and more. The road is privately owned, and the lot is dividable. See attached document for full list of features and upgrades. This is a rare find with space, views, and flexibility!

145 days

281

19

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Level: Main

Bedroom 2

Level: Lower

Bedroom 3

Level: Lower

Dining room

Features: Area (Combination)
Level: Main

Family room

Level: Lower

Kitchen

Level: Main

Living room

Level: Main

Heating

Natural Gas, Heat Pump

Cooling

Central Air

Appliances

Included: Dishwasher, Gas Range, Gas Water Heater
Laundry: Lower Level

Features

Flooring: Carpet, Wood
Has fireplace: Yes
Fireplace features: Gas, Pellet Stove

Interior area

Total structure area: 2,340
Total interior livable area: 2,340 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, RV Access/Parking
Attached garage spaces: 2

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Patio

Lot

Size: 0.25 Acres

Details

Additional structures: Shed(s), RV/Boat Storage
Zoning: Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Lap Siding
Roof: Composition

Condition

New construction: No
Year built: 1994

Utilities & green energy

Electric: Lower/Basement
Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Salem

Financial & listing details

Price per square foot: $247/sqft
Annual tax amount: $6,061
Price range: $579K - $579K
Date on market: 1/12/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,VA Loan,FHA,ODVA
Inclusions: Refrigerator, Range
Exclusions: RV, Trailers, Vehicles

Estimated market value

$577,600

$549,000 - $606,000

$2,749/mo

Price history

Date	Event	Price
5/28/2026	Price change	$579,000-0.9%$247/sqft
Source: WVMLS #836334 Report a problem
4/24/2026	Price change	$584,000-0.8%$250/sqft
Source: WVMLS #836334 Report a problem
4/7/2026	Price change	$589,000-1.7%$252/sqft
Source: WVMLS #836334 Report a problem
1/10/2026	Listed for sale	$599,000+1.7%$256/sqft
Source: WVMLS #836575 Report a problem
12/18/2025	Listing removed	$589,000$252/sqft
Source: WVMLS #835125 Report a problem
11/5/2025	Listed for sale	$589,000-1.8%$252/sqft
Source: WVMLS #835125 Report a problem
11/4/2025	Listing removed	$599,900$256/sqft
Source: WVMLS #830428 Report a problem
8/1/2025	Price change	$599,900-4%$256/sqft
Source: WVMLS #830428 Report a problem
7/19/2025	Price change	$625,000-3.7%$267/sqft
Source: WVMLS #830428 Report a problem
6/19/2025	Listed for sale	$649,000$277/sqft
Source: WVMLS #830428 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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