2385 5th St NE Salem, OR 97301
Highland NeighborhoodEstimated payment $1,915/month
Highlights
- RV Access or Parking
- Covered Patio or Porch
- Workshop
- Home Office
- First Floor Utility Room
- Fenced Yard
About This Home
Accepted Offer with Contingencies. Charming and fully updated bungalow on a generous lot with extra space! This move-in ready 2-bedroom, 1-bath home offers a beautifully open kitchen featuring Hickory cabinets and stainless steel appliances, modern flooring, and new vinyl windows. Major system improvements provide peace of mind, including newer siding and roof, electrical panel and wiring, added insulation, and modern ductless a/c splits. Well insulated 10x20 chalet outbuilding is the perfect setup for a home office, guests or she-shed! Situated on a fully fenced 6,000 sq ft lot, there is ample room for outdoor living, gardening, pets, or entertaining. This unique property combines the charm of a cozy home with the versatility of multiple functional outbuildings—an opportunity rarely found at this price point. Generator hook up for preparedness along with solar panel for energy efficiency. Perfect for first-time buyers, down sizers, or anyone seeking a turn-key home with room to live, work, and create!
Listing Agent
REALTY ONE GROUP WILLAMETTE VALLEY License #201225571 Listed on: 04/12/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,665
Year Built
- Built in 1928
Lot Details
- 6,000 Sq Ft Lot
- Fenced Yard
- Landscaped
- Property is zoned RS
Parking
- RV Access or Parking
Home Design
- Composition Roof
- Lap Siding
Interior Spaces
- 749 Sq Ft Home
- 1-Story Property
- Home Office
- Workshop
- First Floor Utility Room
- Laminate Flooring
- Security System Owned
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Covered Deck
- Covered Patio or Porch
- Shed
- Shop
Additional Homes
- Accessory Dwelling Unit (ADU)
Schools
- Highland Elementary School
- Parrish Middle School
- North Salem High School
Utilities
- Ductless Heating Or Cooling System
- Hot Water Heating System
- Electric Water Heater
- High Speed Internet
Community Details
- Eddy's Addition Subdivision
Listing and Financial Details
- Legal Lot and Block 2 / 6
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $1,546 | $81,090 | -- | -- |
| 2024 | $1,546 | $78,730 | -- | -- |
| 2023 | $1,500 | $76,440 | $0 | $0 |
| 2022 | $1,415 | $74,220 | $0 | $0 |
| 2021 | $1,374 | $72,060 | $0 | $0 |
| 2020 | $1,334 | $69,970 | $0 | $0 |
| 2019 | $1,288 | $67,940 | $0 | $0 |
| 2018 | $1,311 | $0 | $0 | $0 |
| 2017 | $1,183 | $0 | $0 | $0 |
| 2016 | $1,127 | $0 | $0 | $0 |
| 2015 | $1,135 | $0 | $0 | $0 |
| 2014 | $1,099 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/12/2026 04/12/26 | For Sale | $335,000 | -- | $447 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Amerititle | |
| Bargain Sale Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Contract Of Sale | $89,500 | None Available | |
| Contract Of Sale | -- | None Available | |
| Contract Of Sale | $85,000 | F A T | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $168,000 | New Conventional | |
| Previous Owner | $85,000 | Seller Take Back | |
| Previous Owner | $67,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $51,100 | Purchase Money Mortgage |
Source: Willamette Valley MLS
MLS Number: 839717
APN: 571952
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.
- 2279 Church St NE
- 581 Highland Ave NE Unit 595
- 330 Grove St NE
- 675 Johnson St NE
- 2410 Laurel Ave NE
- 2045 Liberty St NE
- 2075 Laurel Ave NE
- 105 River St NE
- 1160 Columbia St NE
- 441 Norway St NE Unit 445
- 2835 Brooks Ave NE
- 2855 Brooks Ave NE
- 815 Shipping St NE
- 1355 4th St NE
- 1760 Mccoy Ave NE
- 283 Delmar Dr N
- 1280 4th St NE
- 960 Shipping St NE
- 384 Market St NE
- 1075 Shipping St NE
- 2510-2560 Broadway St NE
- 2481 Cherry Ave NE Unit 2481
- 347 Norway St NE
- 1601-1665 Water St NE
- 1065 Madison St NE
- 1150 12th St NE
- 840 E St NE Unit 840
- 2040 17th St NE
- 1010 Garnet St NE
- 1385 18th St NE
- 644 River Valley Dr NW
- 585 Winter St NE
- 3164 Evergreen Ave NE Unit 3164
- 533 Taybin Rd NW
- 1304-1330 Wallace Rd
- 126-198 Homewood Ct N
- 1962 Wallace Rd NW
- 825 Harritt Dr NW
- 424 Center St NE
- 642 Taybin Rd NW Unit D
Ask me questions while you tour the home.