NOT LISTED FOR SALE

5360 7th Ave SE Salem, OR 97306

South Gateway Neighborhood

Estimated Value: $450,846

3 Beds
2 Baths
1,533 Sq Ft
$294/Sq Ft Est. Value

Sale Details

Date Sold: June 2, 2023

Last sale price $408,000 $266 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,883 / mo

About This Home

As of June 2023

This home is located at 5360 7th Ave SE, Salem, OR 97306 since 17 April 2023 and is currently estimated at $450,846, approximately $294 per square foot. This property was built in 1979. 5360 7th Ave SE is a home located in Marion County with nearby schools including Sumpter Elementary School, Crossler Middle School, and Sprague High School.

Last Agent to Sell the Property

Don Madsen

HOMESMART REALTY GROUP License #780303524 Listed on: 04/17/2023

HOMESMART REALTY GROUP

Last Buyer's Agent

Sandy and John Van Dyk

PARAMOUNT REAL ESTATE SERVICES License #201213020/201213019

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,334

Year Built

  • Built in 1979

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,533 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 4 / 21

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,334

Year Built

Built in 1979

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Cross Street: Ironwood
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Dining Room: On Level: 1/Main
  • Family Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Source Of Sq Ft: County

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Lot Info

  • Acres: 0.17
  • Lot: 4
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 22-23
  • Tax Amount: 4334

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
Apr 17, 2023
Closed on
Jun 1, 2023
Sold by
Robert William Gebhardt and Robert Lolita Linda
Bought by
Seller's Agent
Don Madsen
HOMESMART REALTY GROUP
Buyer's Agent
Sandy and John Van Dyk
PARAMOUNT REAL ESTATE SERVICES
List Price
$439,900
Sold Price
$408,000
Premium/Discount to List
-$31,900
-7.25%
Current Estimated Value
$450,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,846
Avg. Annual Appreciation
3.07%
Original Mortgage
$398,534
Outstanding Balance
$381,733
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$69,113
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Gateway, OR

  • JUTTA ANTHONY Real Estate Agent - BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    JUTTA ANTHONY

    BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    (866) 441-1013

    45 Total Sales

    1 in South Gateway

    $590,000 Price

    JUTTA ANTHONY
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  • Nick Ayhan Real Estate Agent - HARCOURTS ELITE

    Nick Ayhan

    Responds Quickly

    HARCOURTS ELITE

    (855) 670-1719

    170 Total Sales

    3 in South Gateway

    $315K - $402K Price Range

    Nick Ayhan
     Section Image
  • Stephanie Peck Real Estate Agent - eXp Realty, LLC

    Stephanie Peck

    eXp Realty, LLC

    (503) 832-6376

    427 Total Sales

    2 in South Gateway

    $440,000 Price Range

    Stephanie Peck
     Section Image
  • Derek Colby Real Estate Agent - Realty Advantage

    Derek Colby

    Realty Advantage

    (360) 803-3813

    56 Total Sales

    2 in South Gateway

    $502K - $529K Price Range

    Derek Colby
     Section Image
  • Peter Cutile Real Estate Agent - Parker Brennan Real Estate

    Peter Cutile

    Responds Quickly

    Parker Brennan Real Estate

    (360) 803-4062

    288 Total Sales

    1 in South Gateway

    $249,900 Price

    Peter Cutile
     Section Image
  • Heidi Torkko Real Estate Agent - Keller Williams Sunset Corridor

    Heidi Torkko

    Responds Quickly

    Keller Williams Sunset Corridor

    (971) 350-6738

    66 Total Sales

    6 in South Gateway

    $440K - $555K Price Range

    Heidi Torkko
     Section Image
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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
$408,000 Ticor Title
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 $398,534
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
06/02/2023 06/02/23 Sold $408,000 -7.3% $266 / Sq Ft
04/17/2023 04/17/23 For Sale $439,900 -- $287 / 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 $4,594 $240,990
2024 $4,594 $233,980
2023 $4,459 $227,170 $0 $0
2022 $4,204 $220,560 $0 $0
2021 $4,084 $214,140 $0 $0
2020 $3,965 $207,910 $0 $0
2019 $3,826 $201,860 $0 $0
2018 $3,893 $0 $0 $0
2017 $3,514 $0 $0 $0
2016 $3,347 $0 $0 $0
2015 $3,372 $0 $0 $0
2014 $3,264 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Madsen Real Estate Agent - HOMESMART REALTY GROUP

    Seller's Agent in 2023

    Don Madsen

    HOMESMART REALTY GROUP

    (503) 851-1366

    2 in this area

    21 Total Sales

    Don Madsen
    Section Image
  • Sandy and John Van Dyk Real Estate Agent - PARAMOUNT REAL ESTATE SERVICES

    Buyer's Agent in 2023

    Sandy and John Van Dyk

    PARAMOUNT REAL ESTATE SERVICES

    (503) 932-3241

    5 in this area

    59 Total Sales

    Sandy and John Van Dyk
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 803902

Willamette Valley MLS

APN: 578510

Oregon Marion County Salem 97306 South Gateway

5360 7th 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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