Investor/Developer Opportunity!!! 3/1 Move in ready home with unfinished basement on subdividable lot. .41 acre, eligible for partitioning into 3 lots. On-site well can be used for irrigation purposes only. Required engineering had been completed for the site to complete partition. Buyer to do their own due diligence regarding land partitioning and zoning regulations. This is a rare opportunity for homeowners, builders, or investors to maximize land value in a growing area. Don’t miss out!
EXP REALTY, LLCLicense #201237053Listed on: 07/20/2025
Home Details
Home Type
Single Family
Est. Annual Taxes
$2,316
Year Built
Built in 1937
Lot Details
0.41 Acre Lot
Fenced Yard
Irregular Lot
Property is zoned RE
Home Design
Composition Roof
Shake Siding
Interior Spaces
1,120 Sq Ft Home
2-Story Property
Luxury Vinyl Plank Tile Flooring
Unfinished Basement
Kitchen
Electric Range
Dishwasher
Disposal
Bedrooms and Bathrooms
3 Bedrooms
Primary Bedroom on Main
1 Full Bathroom
Parking
1 Car Detached Garage
RV Access or Parking
Outdoor Features
Patio
Shed
Shop
Schools
Scott Elementary School
Waldo Middle School
Mckay High School
Utilities
Forced Air Heating System
Heating System Uses Gas
Well
Community Details
Wagers Add Subdivision
Listing and Financial Details
Legal Lot and Block 1 / 2
Home Details
Home Type
Single Family
Est. Annual Taxes
$2,316
Year Built
Built in 1937
Lot Details
0
Listing Details
Class: Residential
Type: Residence
Home Style: 2 Story
Range Facility: Electric, Range Included
Syndicated Remarks: Investor/Developer Opportunity!!! 3/1 Move in ready home with unfinished basement on subdividable lot. .41 acre, eligible for partitioning into 3 lots. On-site well can be used for irrigation purposes only. Required engineering had been completed for the site to complete partition. Buyer to do their own due diligence regarding land partitioning and zoning regulations. This is a rare opportunity for homeowners, builders, or investors to maximize land value in a growing area. Don’t miss out!
Cross Street: Tierra Dr
Year Built: 1937
Home Style2: 2 Story
Special Features: None
Property Sub Type: Detached
Stories: 2
Interior Features
Dishwasher: Yes
Disposal: Yes
Flooring: Luxury Vinyl Plank
Total Bathrooms: 1
Total Bathrooms: 1
Full Bathrooms: 1
Number of Main Level Bathrooms: 1
Bedrooms: 3
Master Bedroom: On Level: 1/Main
Bedroom 2: On Level: 2/Upper
Bedroom 3: On Level: 2/Upper
Basement: Unfinished
Dining Room: 1/Main, On Level: 1/Main
Living Room: On Level: 1/Main
Kitchen: On Level: 1/Main
Price Per Sq Ft: 343.75
Source Of Sq Ft: County
Price Per Sq Ft: 343.75
Exterior Features
Patio: Patio
Exterior Color: Tan
Fenced Yard: Yes
Foundation: Continuous
Out Buildings: Shed, Separate Shop
Roof: Composition
Siding: Shake
Garage/Parking
Garage Type: Detached
Garage Capacity: 1
Utilities
Heating/Cooling: Gas, Forced Air
High Speed Comm Access: Unknown
Sewer City: Yes
Water: Connected, Well, City
Water Rights: Unknown
Schools
Elementary School: Scott
Middle School: Waldo
High School: McKay
Lot Info
Acres: 0.41
Estimated Lot Dimensions: 17,860
Lot: 1
Lot Type: Irregular
Price Per Acre: 939024.39
Rv Amenities: Area/Room For
Zoning: RE
Geo Subdivision: OR
Tax Info
Tax Years: 2024
Tax Account Number: R62875
Tax Amount: 2316
MLS Schools
HighSchool: McKay
Middle School: Waldo
Elementary School: Scott
Map
Range of Values:
Collateral Analytics
Collateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Not Available
Collateral Analytics does not have data for the current month. Please view the chart for historical values.
ICE
ICE Mortgage Technology
ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
Not Available
ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.
First American
First American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Not Available
First American does not have data for the current month. Please view the chart for historical values.
Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
Not Available
Quantarium does not have data for the current month. Please view the chart for historical values.
Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
Cozy home with upgrades, bring your ideas to this charming house that is waiting for you, all you have to do is unpack! It has a new roof and kitchen counter top, carpet and linoleum replaced, hardwood floor refinished, encapsulated crawlspace and spacioius yard with fire pit and garden boxes. This one is a must see! *Professional Pictures coming soon.
Don't miss this opportunity to own a well-kept 2014-built 3 bedroom, 2 bathroom single-story home in a highly sought-after neighborhood. This home features a spacious open floor plan with great flow, a large primary suite with ample closet space, and an easy-to-maintain yard perfect for relaxing or entertaining. The attached 2-car garage provides plenty of space for parking and storage.
Laura GillottKELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM
House hack 101 alert! Buy as a primary with low down payment and turn into a rental down the line to build your asset equity over time! All “big-ticket” items updated! Huge value on this one! Charming home on large lot in Salem! Updated over last couple years include: new kitchen and counters, new roof, new 50 year Hardie siding, new windows, New water heater, AC, and ALL new PEX plumbing! Plenty
Charming Single-Level Home in Jan Ree Estates!Welcome to this well-maintained 3-bedroom, 2-bathroom home located in the desirable Jan Ree Estates neighborhood. With nearly 2,000 square feet of living space, this single-story home offers a spacious and functional layout, perfect for comfortable everyday living and entertaining. Enjoy a cozy living room, generous bedrooms, and a bright sunroom that
Jennifer UnderhillCASCADE HASSON SOTHEBY'S INTERNATIONAL REALTY
Ready to enjoy this perfectly manicured front yard & beautiful stamped back patio this spring/summer? Check out one of the nicest homes on the block! The kitchen features granite countertops, SS appliances, Cherry cabinets, & ample storage. The main living space has been remodeled to create an open concept feel. Backyard features a large finished shed w/heat & electrical - possible she-shed? Home
Charming Salem home with major updates! This property features new roof, water heater, HVAC system, and garage door opener. Updated kitchen, cozy living areas, and plenty of natural light. Private backyard perfect for entertaining. Move-in ready - don't miss this opportunity!
Accepted Offer with Contingencies. Perfect starter home or investment property 3 bed, 1 bath home with a great layout and spacious kitchen, Wood floors in living and dining room. Lots of closet space in each room. Built-ins in hallway. Fireplace in living room. Upgraded electrical panel. Cadet heaters in bedrooms. Large detached laundry room gives room for added storage or potential for small
**Motivated Seller** Discover this beautifully maintained 3-bedroom, 2-bathroom home nestled on a peaceful street in a sought-after neighborhood. Just moments from Hammond Elementary, this home offers convenience and comfort with its spacious living areas and vaulted ceilings, creating an open and inviting atmosphere. Enjoy the generous parking space and a private backyard, ideal for outdoor
Accepted Offer with Contingencies. Don't miss this gorgeous Salem Craftsman home, with room for everything and everyone! Features include: New roof & gutters (2025), mahogany hardwood floors, living room wood-burning fireplace, updated kitchen w/ gas range and stone counters, 4 bedrooms with ample closet space, 2 full baths, full basement, large fenced backyard with detached 2-car garage,
This home is located at 4250 Silverton Rd NE, Salem, OR 97305 and is currently priced at $385,000, approximately $343 per square foot. This property was built in 1937. 4250 Silverton Rd NE is a home located in Marion County with nearby schools including Scott Elementary School, Waldo Middle School, and McKay High School.
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. WVMLS Member Broker: Arlene Richardson