$460,000
SOLD AUG 25, 2025

4002 Alderbrook Ave SE Salem, OR 97302

Faye Wright Neighborhood
3 Beds
3 Baths
2,130 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$216 Per Sq Ft

2% Above List Price

9 Days on Market

Highlights

  • RV Access or Parking
  • Main Floor Primary Bedroom
  • Private Yard
  • Deck
  • Corner Lot
  • No HOA

About This Home

As of August 2025

For the first time in 40 years, this warm and welcoming split-level is ready for a new chapter. Set on a landscaped corner lot with room to breathe, this 1974 classic blends timeless character with just the right amount of freshening up. Think new carpet, updated paint, and a layout that’s full of possibility.Upstairs offers an airy, light-filled living room, an open dining space with access to a large back deck, and a kitchen that keeps things simple and functional. Two bedrooms and two full baths round out the main level—including a primary suite with its own private deck. Morning coffee with a view? Yes, please.Downstairs, you’ll find a spacious family room, a third bedroom, another full bath, and laundry. The lower level is more than just bonus space—it’s flexible enough for multigenerational living, a guest retreat, or even a potential second living space. The family room is large enough to add a kitchenette, making it perfect for aging parents, long-term guests, or that dream home office with a private entrance.Outside, enjoy mature landscaping, charming curb appeal, and raised garden beds just waiting for your herbs, veggies, or flowers. Two decks offer options for outdoor living—from slow mornings to summer BBQs. The corner lot gives you privacy and presence, and the location keeps you connected to everything you need.Lovingly maintained for four decades, this home isn’t about flashy trends—it’s about warmth, potential, and that solid, grounded feeling that just feels right. Come see what 40 years of care looks like... and imagine what the next chapter could be.

Last Agent to Sell the Property

Cassandra Marks

Real Broker Brokerage Email: cassandra@realtorcas.com License #201225764 Listed on: 07/16/2025

Real Broker

Last Buyer's Agent

Shane Matthews

HomeStar Brokers License #201203430

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,698

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot
  • Landscaped with Trees
  • Private Yard
  • Raised Garden Beds

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • RV Access or Parking

Home Design

  • Split Level Home
  • Slab Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,130 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Convection Oven
  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Finished Basement

  • Partial Basement
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Security Lights
  • Storm Doors

Schools

  • Wright Elementary School
  • Judson Middle School
  • Sprague High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Pressure Distribution Sewer System
  • High Speed Internet

Additional Features

  • Accessibility Features
  • Deck

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 565159

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,698

Year Built

Built in 1974 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Warranty: HomeWarranty
  • Year Built: 1974
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Split
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: Fireplace
  • Room 11 Features: Dishwasher,Disposal,EatingArea,Pantry
  • Room 13 Features: Deck
  • Room 9 Features: Deck,FrenchDoors
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: MainFloorBedroomBath, WalkinShower
  • Total Bathrooms: 3.0
  • Fireplaces: 1
  • Interior Amenities: GarageDoorOpener, LaminateFlooring, Laundry, VinylFloor, WalltoWallCarpet, WasherDryer
  • Room 4 Description: UtilityRoom
  • Room 4 Level: Lower
  • Basement: Daylight, Finished, PartialBasement
  • Window Features: AluminumFrames, DoublePaneWindows
  • Appliances: ConvectionOven, Dishwasher, Disposal, FreeStandingGasRange, FreeStandingRefrigerator, Pantry, RangeHood
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 0.0
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt7000to9999
  • Other Room10 Area: 273
  • Additional Room 10 Level: Lower
  • Room 11 Level: Upper
  • Room 12 Level: Upper
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 48
  • Bedroom 7 Area: 176
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 154
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Lower
  • Other Room9 Area: 168
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Upper

Exterior Features

  • Exterior Description: T111Siding
  • Exterior Features: Deck, Fenced, GasHookup, RaisedBeds, RVParking, SecurityLights, StormDoor, Yard
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Slab
  • R V Description: RVParking
  • View: No
  • Lot Features: CornerLot, Level, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: Yes
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OnStreet
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tank
  • Internet Service Type: Cable
  • Security: SecurityLights, SecuritySystemOwned
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PressureDistributionSystem, PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Wright
  • High School: Sprague
  • Middle Or Junior School: Judson

Lot Info

  • Farm: No
  • Land Lease: No
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 565159

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4697.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2025
Closed on
Aug 19, 2025
Sold by
Propert Barbara Elaine Donovan Revocable and Propert Elaine Donovan
Bought by
Baughman Stephen James and Baughman Christina
Seller's Agent
Cassandra Marks
Real Broker
Buyer's Agent
Shane Matthews
HomeStar Brokers
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-60.38%
Original Mortgage
$350,000
Outstanding Balance
$350,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$101,561

Purchase Details

Closed on
Aug 16, 2022
Sold by
Elaine Donovan Barbara
Bought by
Barbara Elaine Donovan Revocable Property Tru
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $139,500 New Conventional
Previous Owner $75,000 Unknown
Previous Owner $28,000 Unknown
Previous Owner $30,000 Credit Line Revolving
Previous Owner $90,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Sold $460,000 +2.2% $216 / Sq Ft
07/25/2025 07/25/25 Pending -- -- --
07/16/2025 07/16/25 For Sale $450,000 -- $211 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2024 $4,698 $239,250 -- --
2023 $4,559 $232,290 $0 $0
2022 $4,299 $225,530 $0 $0
2021 $4,176 $218,970 $0 $0
2020 $4,180 $212,600 $0 $0
2019 $4,033 $206,410 $0 $0
2018 $3,981 $0 $0 $0
2017 $3,593 $0 $0 $0
2016 $3,423 $0 $0 $0
2015 $3,448 $0 $0 $0
2014 $3,337 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 573847123

Regional Multiple Listing Service (RMLS)

APN: 565159