NOT LISTED FOR SALE

2985 Merdel Ave S Salem, OR 97302

South Salem Neighborhood

Estimated Value: $387,000 - $483,052

4 Beds
3 Baths
2,206 Sq Ft
$192/Sq Ft Est. Value

Last Sold January 03, 2025

Last sale price $380,000 $172 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,658/month

Highlights

  • RV Access or Parking
  • Territorial View
  • Cul-De-Sac
  • Family Room with Fireplace
  • Fenced Yard
  • 2 Car Attached Garage

About This Home

As of January 2025

This home is located at 2985 Merdel Ave S, Salem, OR 97302 since 03 January 2025 and is currently estimated at $424,013, approximately $192 per square foot. This property was built in 1957. 2985 Merdel Ave S is a home located in Marion County with nearby schools including Candalaria Elementary School, Leslie Middle School, and South Salem High School.

Last Agent to Sell the Property

Michael Lowery

HOMESMART REALTY GROUP License #201246525 Listed on: 01/03/2025

HOMESMART REALTY GROUP

Last Buyer's Agent

cherise kish

KELLER WILLIAMS REALTY MID WILLAMETTE License #201205744

KELLER WILLIAMS REALTY MID WILLAMETTE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,291

Year Built

  • Built in 1957

Lot Details

  • 0.4 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Property is zoned RS

Home Design

  • Composition Roof
  • Board and Batten Siding
  • Wood Siding
  • Lap Siding
  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 2,206 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Territorial Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Schools

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

Utilities

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

Additional Features

  • Solar Heating System
  • Shed

Community Details

  • Amedan Addition Subdivision

Listing and Financial Details

  • Tax Lot 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,291

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Dual Living: Possible
  • Cross Street: Hansen Ave S.
  • Year Built: 1957
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Family Room, Wood, Gas
  • Flooring: Carpet, Luxury Vinyl Plank, Tile
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Number of Lower Level Bathrooms: 1
  • Bedrooms: 4
  • Basement: Daylight, Finished
  • Source Of Sq Ft: County

Exterior Features

  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Cedar, Shingle, Wood
  • Siding Style: Board & Batt, Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.4
  • Estimated Lot Sq Ft: 16117
  • Lot: 7
  • Lot Type: Cul-De-Sac, Irregular
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Amount: 5291

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2025
Sold by
Henry Scott
Bought by
E & S Investment Llc
Current Estimated Value
$424,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Outstanding Balance
$343,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$81,013

Purchase Details

Listed on
Jan 3, 2025
Closed on
Jan 17, 2025
Sold by
Brunkal Richard G
Bought by
E & S Investment Llc
Seller's Agent
Michael Lowery
HOMESMART REALTY GROUP
Buyer's Agent
cherise kish
KELLER WILLIAMS REALTY MID WILLAMETTE
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$334,400
Interest Rate
6.85%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
E & S Investment Llc -- Ticor Title
Henry Scott -- Ticor Title
E & S Investment Llc $380,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Scott $343,000
Previous Owner E & S Investment Llc $334,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2025 01/03/25 Sold $380,000 0.0% $172 / Sq Ft
01/03/2025 01/03/25 For Sale $380,000 -- $172 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

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
2025 $5,291 $277,580 -- --
2024 $5,291 $269,500 -- --
2023 $5,136 $261,660 $0 $0
2022 $4,842 $254,040 $0 $0
2021 $4,704 $246,650 $0 $0
2020 $4,567 $239,470 $0 $0
2019 $4,406 $232,500 $0 $0
2018 $4,484 $0 $0 $0
2017 $4,047 $0 $0 $0
2016 $3,855 $0 $0 $0
2015 $3,884 $0 $0 $0
2014 $3,759 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Lowery

    Seller's Agent in 2025

    Michael Lowery

    HOMESMART REALTY GROUP

    (503) 580-3090

    3 in this area

    16 Total Sales

    Michael Lowery
    Section Image
  • cherise kish

    Buyer's Agent in 2025

    cherise kish

    KELLER WILLIAMS REALTY MID WILLAMETTE

    (503) 753-4898

    1 in this area

    167 Total Sales

    cherise kish
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 824977

Willamette Valley MLS

APN: 565299

Oregon Marion County Salem 97302 South Salem

2985 Merdel Ave S, Salem, OR

Not Listed for Sale

Detached

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.

Willamette Valley MLS 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. WVMLS Member Broker: Arlene Richardson

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