5198 Skyline Rd S Salem, OR 97306
Sunnyslope NeighborhoodEstimated payment $3,167/month
Highlights
- RV Access or Parking
- Living Room with Fireplace
- First Floor Utility Room
- 0.78 Acre Lot
- Territorial View
- Walk-In Pantry
About This Home
Set on nearly an acre in South Salem. This inviting single level home offers 3 bedrooms, 2 bathrooms, and nearly 2000 sqft of living space. City water and septic system. A second well for irrigation, perfect for maintaining the lush, mature landscaping. Towering fir, sequoia, and pine trees provide shade and privacy, while numerous fruit trees, raised garden beds, and established greenery create a serene, park like setting. The location is ideal for everyday living, with top rated schools, major medical offices, and public transit nearby, plus quick access to I5 and downtown Salem. Beyond the lifestyle appeal, this property offers exceptional long term value. Zoned MultiFamily Residential, it supports a range of development possibilities from duplexes, triplexes, and fourplexes to larger multi unit complexes, with potential density of up to 31 units per acre. Utilities are readily available with power and city water onsite, and sewer and stormwater nearby. Whether you choose to add income producing units, subdivide, or hold for future appreciation, this is a rare find combining comfort today with opportunity tomorrow.Please do not enter the property without an appointment.
Listing Agent
BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #201215479 Listed on: 04/11/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,122
Year Built
- Built in 1950
Lot Details
- 0.78 Acre Lot
- Partially Fenced Property
- Landscaped
- Irregular Lot
- Property is zoned RM2
Home Design
- Slab Foundation
- Composition Roof
- Wood Siding
- T111 Siding
Interior Spaces
- 1,990 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Living Room with Fireplace
- First Floor Utility Room
- Territorial Views
Kitchen
- Walk-In Pantry
- Electric Range
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Attached Garage
- RV Access or Parking
Schools
- Faye Wright Elementary School
- Judson Middle School
- Sprague High School
Utilities
- Baseboard Heating
- Heating System Uses Gas
- Electric Water Heater
- Septic System
- High Speed Internet
Additional Features
- Handicap Accessible
- Shed
Listing and Financial Details
- Tax Block 1
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,122 | $209,940 | -- | -- |
2023 | $4,001 | $203,830 | $0 | $0 |
2022 | $3,772 | $197,900 | $0 | $0 |
2021 | $3,664 | $192,140 | $0 | $0 |
2020 | $3,558 | $186,550 | $0 | $0 |
2019 | $3,432 | $181,120 | $0 | $0 |
2018 | $3,493 | $0 | $0 | $0 |
2017 | $3,153 | $0 | $0 | $0 |
2016 | $3,003 | $0 | $0 | $0 |
2015 | $3,026 | $0 | $0 | $0 |
2014 | $2,928 | $0 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/09/2025 08/09/25 | Price Changed | $529,900 | -1.9% | $266 / Sq Ft |
05/21/2025 05/21/25 | Price Changed | $539,900 | -1.8% | $271 / Sq Ft |
04/11/2025 04/11/25 | For Sale | $550,000 | -- | $276 / Sq Ft |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $16,000 | Unknown | |
Closed | $28,000 | Fannie Mae Freddie Mac |
Source: Willamette Valley MLS
MLS Number: 827378

APN: 532432
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