$2,000,000

2557 Hummingbird Ln NE Salem, OR 97301

Northgate Neighborhood

Estimated payment $11,671/month

Total Views 102
7 Acres
$288,184 Price per Acre
302,306 Sq Ft Lot

About This Lot

Prime development site in Salem, zoned MUIII for high-density mixed-use. Located near I-5, bus lines, schools, shopping, and residential areas, offering strong growth potential. Rare opportunity for investors or developers to build in a rapidly expanding market. Dense with fir trees, possible value in timber. Buyer to do due diligence on approved uses and timber value.

Listing Agent

Allie Saunders

HAVENROSE REAL ESTATE License #201241671 Listed on: 07/03/2025

Co-Listing Agent

Katy Voves

HAVENROSE REAL ESTATE License #201223691

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,135

Lot Details

  • 6.94 Acre Lot
  • Irregular Lot
  • Property is zoned MUIII

Schools

  • Hallman Elementary School
  • Waldo Middle School
  • Mckay High School

Utilities

  • Well
  • Septic System
  • High Speed Internet
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$8,135

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Commercial Land
  • Syndicated Remarks: Prime development site in Salem, zoned MUIII for high-density mixed-use. Located near I-5, bus lines, schools, shopping, and residential areas, offering strong growth potential. Rare opportunity for investors or developers to build in a rapidly expanding market. Dense with fir trees, possible value in timber. Buyer to do due diligence on approved uses and timber value.
  • Cross Street: Wayside Terr
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 288184.44
  • Price Per Sq Ft: 6.62

Exterior Features

  • Access: Unpaved
  • Fenced: Partial

Utilities

  • Water: Well
  • Electricity: Yes
  • High Speed Communications: Available
  • Septic Installed: Yes
  • Telephone: Available

Schools

  • Elementary School: Hallman
  • Middle School: Waldo
  • High School: McKay

Lot Info

  • Acres: 6.94
  • Estimated Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 302161
  • Flood Plain: Unknown
  • Lot: .
  • Lot Type: Irregular
  • Price Per Acre: 288184.44
  • Timber: Yes (Refer To Remarks)
  • Zoning: MUIII
  • Approved for Manufactured Home: Unknown
  • Geo Subdivision: OR
  • Map Parcel Number: 073W12DB04000

Tax Info

  • Tax Years: 24/25
  • Tax Account Number: 525875
  • Tax Amount: 8135

MLS Schools

  • HighSchool: McKay
  • Middle School: Waldo
  • Elementary School: Hallman

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $8,135 $414,330 -- --
2023 $7,895 $402,270 $0 $0
2022 $7,444 $390,560 $0 $0
2021 $7,232 $379,190 $0 $0
2020 $7,021 $368,150 $0 $0
2019 $6,774 $357,430 $0 $0
2018 $6,894 $0 $0 $0
2017 $6,222 $0 $0 $0
2016 $5,926 $0 $0 $0
2015 $5,971 $0 $0 $0
2014 $5,778 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Sale $2,000,000 -- --
Source: Willamette Valley MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $840,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Source: Willamette Valley MLS

MLS Number: 831000

Willamette Valley MLS

APN: 525875