NOT LISTED FOR SALE

480 Fairview Ave SE Salem, OR 97302

South Central Neighborhood

Estimated Value: $285,000 - $334,000

2 Beds
1 Bath
694 Sq Ft
$454/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2024

Last sale price $328,000 $473 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,884 / mo

21 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Wood Siding
  • Covered Patio or Porch
  • 1-Story Property

About This Home

As of May 2024

Discover this freshly renovated, 2 bed, 1 bath in a prime South Salem location. This home features a new kitchen, bathroom, fresh paint inside and out, and is move-in ready. With new floors, doors, appliances, and plumbing, this home is priced to sell. Located within a very desirable school zone with spacious front and backyard makes this home a great value and investment.

Last Agent to Sell the Property

Kurt Clements

LISTWITHFREEDOM.COM License #201252982 Listed on: 03/20/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45x110

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 694 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Additional Features

  • Covered Patio or Porch
  • Electric Water Heater

Community Details

  • Smith Fruit Farms No 2 Subdivision

Listing and Financial Details

  • Tax Lot 37

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,250

Year Built

Built in 1940

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Range Included
  • Syndicated Remarks: Discover this freshly renovated, 2 bed, 1 bath in a prime South Salem location. This home features a new kitchen, bathroom, fresh paint inside and out, and is move-in ready. With new floors, doors, appliances, and plumbing, this home is priced to sell. Located within a very desirable school zone with spacious front and backyard makes this home a great value and investment.
  • Year Built: 1940
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Wood, Laminate
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 10x10, On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Dining Room: On Level: 1/Main
  • Living Room: Dimensions: 12x15, On Level: 1/Main
  • Kitchen: Dimensions: 15x12, On Level: 1/Main
  • Source Of Sq Ft: Owner

Exterior Features

  • Patio: Covered Patio
  • Roof: Shingle
  • Siding: Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Electric
  • Sewer City: Yes
  • Water: City
  • Water Heater: Electric

Lot Info

  • Acres: 0.11
  • Estimated Lot Dimensions: 45x110
  • Estimated Lot Sq Ft: 4792
  • Lot: 37
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Amount: 2250

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2017
Closed on
Nov 22, 2017
Sold by
Bought by
Seller's Agent
Dewey Whitton
THE SALEM REAL ESTATE GROUP
Buyer's Agent
Susan Scully
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$175,000
Sold Price
$172,500
Premium/Discount to List
-$2,500
-1.43%
Current Estimated Value
$315,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,543
Avg. Annual Appreciation
7.24%
Original Mortgage
$166,920
Outstanding Balance
$139,760
Interest Rate
3.91%
Mortgage Type
FHA
Estimated Equity
$175,283

Purchase Details

Closed on
Dec 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$172,500 Fatco
$112,500 Amerititle
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $166,920
Previous Owner $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2024 05/03/24 Sold $328,000 -3.2% $473 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $339,000 +55.1% $488 / Sq Ft
06/30/2023 06/30/23 Sold $218,500 -22.0% $315 / Sq Ft View Prior Sale
03/13/2023 03/13/23 For Sale $280,000 +62.3% $403 / Sq Ft
11/22/2017 11/22/17 Sold $172,500 +2.1% $249 / Sq Ft View Prior Sale
09/11/2017 09/11/17 Price Changed $169,000 -3.4% $244 / Sq Ft
07/28/2017 07/28/17 For Sale $175,000 -- $252 / Sq Ft
Source: Willamette Valley MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,318 $121,600 -- --
2024 $2,318 $118,060 -- --
2023 $2,250 $114,630 $0 $0
2022 $2,121 $111,300 $0 $0
2021 $2,061 $108,060 $0 $0
2020 $2,001 $104,920 $0 $0
2019 $1,931 $101,870 $0 $0
2018 $1,965 $0 $0 $0
2017 $1,773 $0 $0 $0
2016 $1,689 $0 $0 $0
2015 $1,702 $0 $0 $0
2014 $1,647 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kurt Clements

    LISTWITHFREEDOM.COM

    (888) 660-9202

    1 in this area

    624 Total Sales

    Kurt Clements
    Section Image
  • Susan Scully

    Seller's Agent in 2023

    Susan Scully

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 580-9543

    2 in this area

    47 Total Sales

    Susan Scully
    Section Image
  • Linda Webb

    Buyer's Agent in 2023

    Linda Webb

    HARCOURTS SILVERTON

    (503) 508-7387

    1 in this area

    38 Total Sales

    Linda Webb
    Section Image
  • Dewey Whitton

    Seller's Agent in 2017

    Dewey Whitton

    THE SALEM REAL ESTATE GROUP

    (503) 949-3623

    19 in this area

    342 Total Sales

    Dewey Whitton
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 814535

Willamette Valley MLS

APN: 591447

Oregon Marion County Salem 97302 South Central

480 Fairview Ave SE, Salem, OR

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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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