$300,000

386 40th Place SE Salem, OR 97317

Estimated payment $1,772/month

Total Views 254
3 Beds
1 Bath
1,056 Sq Ft
$284 Price per Sq Ft

Highlights

  • Living Room with Fireplace
  • First Floor Utility Room
  • 1-Story Property
  • Territorial View
  • 2 Car Attached Garage
  • Landscaped

About This Home

3/1 bath fixer being sold as-is. Seller will do no repairs. Loads of potential in this home. Home has attached double garage and large yard.

Listing Agent

Brenda Schamp

NORTHWEST INVESTOR REALTY License #200711198 Listed on: 09/25/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1961

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 105x73
  • Landscaped
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • First Floor Utility Room
  • Territorial Views
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Four Corners Elementary School
  • Houck Middle School
  • South Salem High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Leo N Childs Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,175

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: 3/1 bath fixer being sold as-is. Seller will do no repairs. Loads of potential in this home. Home has attached double garage and large yard.
  • Cross Street: Mahrt
  • Year Built: 1961
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Fireplace: Living Room
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Exterior Color: Gray
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Shingle, Wood
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Acres: 0.18
  • Estimated Lot Dimensions: 105x73
  • Estimated Lot Sq Ft: 7841
  • Flood Plain: Unknown
  • Lot: 5
  • Lot Type: Dimension Above
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Amount: 2175

MLS Schools

  • HighSchool: South Salem
  • Middle School: Houck
  • Elementary School: Four Corners

Map

Range of Values:

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List Price
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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 $2,175 $128,120 -- --
2023 $2,127 $124,390 $0 $0
2022 $1,946 $120,770 $0 $0
2021 $1,928 $117,260 $0 $0
2020 $1,811 $113,850 $0 $0
2019 $1,825 $110,540 $0 $0
2018 $1,841 $0 $0 $0
2017 $1,541 $0 $0 $0
2016 $1,483 $0 $0 $0
2015 $1,452 $0 $0 $0
2014 $1,338 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2025 09/25/25 For Sale $300,000 -- $284 / Sq Ft
Source: Willamette Valley MLS

Source: Willamette Valley MLS

MLS Number: 833980

Willamette Valley MLS

APN: 545304