Charming 3BR/2.5BA Craftsman in desirable Fairmont Cottages! Built in 2007 w/quality workmanship, this 1722 sq ft home offers high ceilings, hardwood flooring & Anderson windows. Granite kitchen island, cherry cabinets, desk nook, fireplace & common area/office/TV space upstairs. Primary suite w/balcony, new tile shower & walk-in closet. Fresh exterior paint (2024) & newer water heater. Relaxing front porch, community gardens, clubhouse/exercise space & proximity to parks & downtown.
Sold for $516,000 on 12/31/25
Listed by:
JENNIFER LARSON Direc:503-999-1516,
Homestar Brokers,
HEIDI LITCHFIELD,
Homestar Brokers
Bought with: Paramount Real Estate Services
$516,000
588 Rural Ave S, Salem, OR 97302
3beds
1,722sqft
Single Family Residence
Built in 2007
2,250 Square Feet Lot
$516,100 Zestimate®
$300/sqft
$2,279 Estimated rent
Home value
$516,100
$490,000 - $542,000
$2,279/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 31, 2025 at 01:48pm
Listed by:
JENNIFER LARSON Direc:503-999-1516,
Homestar Brokers,
HEIDI LITCHFIELD,
Homestar Brokers
Bought with:
JOHN AND SANDY VAN DYK
Paramount Real Estate Services
Source: WVMLS,MLS#: 834958
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Dining room
- Features: Area (Combination)
- Level: Main
Family room
- Level: Upper
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Natural Gas, Forced Air
Appliances
- Included: Dishwasher, Disposal, Gas Range, Microwave, Gas Water Heater
- Laundry: Main Level
Features
- Other(Refer to Remarks)
- Flooring: Wood
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 1,722
- Total interior livable area: 1,722 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Gold
- Has view: Yes
- View description: Territorial
Lot
- Size: 2,250 sqft
- Features: Common Area, Dimension Above, Landscaped
Details
- Parcel number: 341151
- Zoning: RS
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Electric: 1/Main
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Salem
- Subdivision: Fairmont Cottages
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $190 monthly
- Amenities included: Other (Refer to Remarks)
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: VA Loan,Cash,ODVA,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Sold | $516,000-1.7%$300/sqft |
Source:  WVMLS #834958 Report a problem | ||
| 12/19/2025 | Pending sale | $524,900$305/sqft |
Source: WVMLS #834958 Report a problem | ||
| 11/18/2025 | Contingent | $524,900$305/sqft |
Source: WVMLS #834958 Report a problem | ||
| 10/30/2025 | Listed for sale | $524,900+430.2%$305/sqft |
Source: WVMLS #834958 Report a problem | ||
| 4/23/2007 | Sold | $99,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,929 +7.8% | $288,600 +3% |
| 2024 | $5,502 +3% | $280,200 +6.1% |
| 2023 | $5,339 +2.9% | $264,120 |
Find assessor info on the county website
Neighborhood: South Central
Nearby schools
GreatSchools rating
- 3/10Mckinley Elementary SchoolGrades: K-5Distance: 0.6 mi
- 5/10Leslie Middle SchoolGrades: 6-8Distance: 2 mi
- 5/10South Salem High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: McKinley
- Middle: Leslie
- High: South 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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$516,100
2% more+ $10,322
With Zillow Showcase(estimated)
$526,422