$515,000
SOLD MAR 12, 2025

4525 27th Ave SE Salem, OR 97302

Morningside Neighborhood
3 Beds
2 Baths
1,145 Sq Ft
1 Acres

Recently Sold

$450 Per Sq Ft

3% Below List Price

88 Days on Market

Highlights

  • 1 Acre Lot
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Wood Flooring
  • 1-Story Property

About This Home

As of March 2025

This cozy 3-bedroom, 2-bath home offers 1,145 sq. ft. of comfortable living space and sits on almost 1 acre of land, providing plenty of room to grow. Recent updates include energy-efficient windows, new siding, and air conditioning for year-round comfort. The property includes two tax lots, making it an ideal opportunity for a second dwelling, shop, or other potential developments. With the land being subdividable, the possibilities are endless for adding value or expanding your space.

Last Agent to Sell the Property

Jason Giles

EXP REALTY, LLC License #201216582 Listed on: 10/07/2024

EXP REALTY, LLC

Last Buyer's Agent

Brandon Fahlman

KITHKIN REAL ESTATE License #200701012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,265

Year Built

  • Built in 1938

Lot Details

  • 1 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,145 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lee Elementary School
  • Judson Middle School
  • South Salem High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Well

Listing and Financial Details

  • Tax Block 3036

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,265

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: This cozy 3-bedroom, 2-bath home offers 1,145 sq. ft. of comfortable living space and sits on almost 1 acre of land, providing plenty of room to grow. Recent updates include energy-efficient windows, new siding, and air conditioning for year-round comfort. The property includes two tax lots, making it an ideal opportunity for a second dwelling, shop, or other potential developments. With the land being subdividable, the possibilities are endless for adding value or expanding your space.
  • Year Built: 1938
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Flooring: Carpet, Wood
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 449.78
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 462.79

Exterior Features

  • Exterior Color: Blue
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Heat Pump, Forced Air
  • Sewer City: Yes
  • Water: Well

Schools

  • Elementary School: Lee
  • Middle School: Judson
  • High School: South Salem

Lot Info

  • Acres: 1
  • Price Per Acre: 529900
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: 532201

MLS Schools

  • HighSchool: South Salem
  • Middle School: Judson
  • Elementary School: Lee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2016
Closed on
May 31, 2016
Sold by
Schleicher William T and Miller Schleicher Melissa C
Bought by
Blair Randol Y
Seller's Agent
ANGELA DEJONG
SUNDANCE REALTY LLC
Buyer's Agent
ANGELA DEJONG
SUNDANCE REALTY LLC
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%
Current Estimated Value
$472,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,173
Avg. Annual Appreciation
8.64%
Original Mortgage
$194,750
Outstanding Balance
$157,135
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$286,615

Purchase Details

Closed on
Jun 12, 2014
Sold by
Jones Carol A and Elwood Catherine A
Bought by
Schleicher William T and Miller Schleicher Melissa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2009
Sold by
Jones Carol A
Bought by
Jones Carol A and Elwood Catherine A
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $205,000 Ticor Title
Warranty Deed $180,000 Ticor Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $194,750 New Conventional
Previous Owner $176,739 FHA
Previous Owner $155,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $515,000 -2.8% $450 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
10/11/2024 10/11/24 For Sale $529,900 +158.5% $463 / Sq Ft
05/31/2016 05/31/16 Sold $205,000 +2.5% $181 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $200,000 -- $176 / 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
2024 $3,265 $166,310 -- --
2023 $3,169 $161,470 $0 $0
2022 $2,988 $156,770 $0 $0
2021 $2,903 $152,210 $0 $0
2020 $2,905 $147,780 $0 $0
2019 $78 $143,480 $0 $0
2018 $2,767 $0 $0 $0
2017 $2,498 $0 $0 $0
2016 $2,379 $0 $0 $0
2015 $2,397 $0 $0 $0
2014 $2,320 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Giles

    Seller's Agent in 2025

    Jason Giles

    EXP REALTY, LLC

    (541) 220-9958

    1 in this area

    119 Total Sales

    Jason Giles
    Section Image
  • Brandon Fahlman

    Buyer's Agent in 2025

    Brandon Fahlman

    KITHKIN REAL ESTATE

    (503) 930-2786

    6 in this area

    111 Total Sales

    Brandon Fahlman
    Section Image

  • A

    Seller's Agent in 2016

    ANGELA DEJONG

    SUNDANCE REALTY LLC

    (503) 999-0740

    1 in this area

    16 Total Sales

    ANGELA DEJONG
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 822161

Willamette Valley MLS

APN: 532203

Oregon Marion County Salem 97302 Morningside

4525 27th Ave SE, Salem, OR

This home is located at 4525 27th Ave SE, Salem, OR 97302 and is currently priced at $515,000, approximately $449 per square foot. This property was built in 1938. 4525 27th Ave SE is a home located in Marion County with nearby schools including Lee Elementary School, Judson Middle School, and South Salem 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.

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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