$450,000

Estimated payment $2,735/month

Total Views 581
3 Beds
1 Bath
1,293 Sq Ft
$348 Price per Sq Ft

Highlights

  • Waterfront
  • Family Room with Fireplace
  • Covered Patio or Porch
  • Deck
  • Wood Flooring
  • 1-minute walk to Mill Race Park

About This Home

Gracefully spanning Salem's historic Mill Race, this restored 1901 Victorian is believed to be the only residential home built over the Mill Race. Rich in history and timeless craftsmanship, it features original fir floors, period millwork, updated major systems, and beautifully landscaped grounds with tranquil outdoor living spaces. Original horse carriage rings remain at the curb, offering a rare glimpse into the home's remarkable past, just moments from downtown Salem. Lovingly restored to preserve its architectural integrity, the home offers thoughtfully updated kitchen and bath spaces that complement its historic character without sacrificing modern comfort. Extensive improvements include updated electrical, plumbing, HVAC, insulation, and other major systems. Enjoy a screened porch, courtyard terrace, and spacious deck overlooking the Mill Race, creating an exceptional connection to the surrounding landscape. The original carriage house and unfinished basement provide additional character, storage, and future possibilities. Located near the Oregon State Capitol, Willamette University, parks, restaurants, and shopping, this is a rare opportunity to own one of Salem's most historically significant and distinctive residences.

Listing Agent

Ashleigh Fordham

WINDERMERE HERITAGE License #201006106 Listed on: 08/27/2026

WINDERMERE HERITAGE

Co-Listing Agent

Deanna Gwyn

WINDERMERE HERITAGE License #910500095

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 1901

Lot Details

  • 6,098 Sq Ft Lot
  • Waterfront
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned RS

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1,293 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Lower Floor Utility Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Richmond Elementary School
  • Leslie Middle School
  • South Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Capital Park Add Am Subdivision

Listing and Financial Details

  • Exclusions: Kit. Island & Wood Cabinet, Firepit, potted plants
  • Tax Block 31

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,021

Year Built

Built in 1901

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Gas, Built-In
  • Syndicated Remarks: Gracefully spanning Salem's historic Mill Race, this restored 1901 Victorian is believed to be the only residential home built over the Mill Race. Rich in history and timeless craftsmanship, it features original fir floors, period millwork, updated major systems, and beautifully landscaped grounds with tranquil outdoor living spaces. Original horse carriage rings remain at the curb, offering a rare glimpse into the home's remarkable past, just moments from downtown Salem. Lovingly restored to preserve its architectural integrity, the home offers thoughtfully updated kitchen and bath spaces that complement its historic character without sacrificing modern comfort. Extensive improvements include updated electrical, plumbing, HVAC, insulation, and other major systems. Enjoy a screened porch, courtyard terrace, and spacious deck overlooking the Mill Race, creating an exceptional connection to the surrounding landscape. The original carriage house and unfinished basement provide additional character, storage, and future possibilities. Located near the Oregon State Capitol, Willamette University, parks, restaurants, and shopping, this is a rare opportunity to own one of Salem's most historically significant and distinctive residences.
  • Cross Street: Ferry St SE
  • Year Built: 1901
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Exclusions: Kit. Island & Wood Cabinet, Firepit, potted plants
  • Fireplace: Family Room, Gas
  • Negotiable Inclusions: All kitchen appliances, washer & dryer
  • Flooring: Wood
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 13'1x12'2, On Level: 1/Main
  • Bedroom 2: Dimensions: 9'7x12'1, On Level: 1/Main
  • Bedroom 3: Dimensions: 10'2x9'5, On Level: 1/Main
  • Basement: Full, Unfinished
  • Dining Room: 1/Main, Dimensions: 16'4x16'4, On Level: 1/Main
  • Living Room: Dimensions: 14'5x17'2, On Level: 1/Main
  • Kitchen: Dimensions: 11'8x16'6, On Level: 1/Main
  • Utility Room Level: Lower/Basement
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio, Covered Patio, Deck
  • Exterior Color: White
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap
  • View: Water Frontage

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Gas

Lot Info

  • Acres: 0.14
  • Underground Sprinklers: Yes
  • Zoning: RS
  • Geo Subdivision: OR

Green Features

  • Smart Home Features: No

Tax Info

  • Tax Years: 2025
  • Tax Amount: 3021

MLS Schools

  • HighSchool: South Salem
  • Middle School: Leslie
  • Elementary School: Richmond

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,021 $147,050
2024 $2,803 $142,770
2023 $2,721 $138,620 $0 $0
2022 $2,565 $134,590 $0 $0
2021 $2,492 $130,670 $0 $0
2020 $2,419 $126,870 $0 $0
2019 $2,334 $123,180 $0 $0
2018 $2,376 $0 $0 $0
2017 $2,144 $0 $0 $0
2016 $2,043 $0 $0 $0
2015 $2,058 $0 $0 $0
2014 $1,992 $0 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2026 08/28/26 Price Changed $450,000 0.0% $348 / Sq Ft
08/27/2026 08/27/26 For Sale $450,000 -9.1% $348 / Sq Ft
08/13/2026 08/13/26 Price Changed $495,000 -5.7% $383 / Sq Ft
07/14/2026 07/14/26 For Sale $525,000 -- $406 / Sq Ft
Source: Willamette Valley MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $327,500 Amerititle
Fiduciary Deed $178,500 Fidelity National Title
Warranty Deed $186,250 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $128,500 New Conventional
Open $262,000 New Conventional
Previous Owner $142,800 New Conventional
Previous Owner $139,687 Purchase Money Mortgage
Source: Public Records

Source: Willamette Valley MLS

MLS Number: 845120

Willamette Valley MLS

APN: 568527

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