$165,000
SOLD JUN 13, 2025

734 Lancaster Dr SE Salem, OR 97317

2 Beds
1 Bath
720 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: June 13, 2025

$229 Per Sq Ft

23% Below List Price

61 Days on Market

Highlights

  • 1-Story Property
  • Partially Fenced Property
  • Wood Siding
  • High Speed Internet

About This Home

As of June 2025

CALLING ALL DEVELOPERS, BUILDERS, THOSE WITH VISION! This cute bungalow is on a pretty awesome large lot, yearning for improvement! SO MUCH POTENTIAL! Currently boarded up (keeping out the riff-raff). Possibly stunning 75 year old hardwood floors. This part of Lancaster is happening, and what a great spot for commuters - easy access to major thoroughfares. Entry to wonderful neighborhood and neighbors down Glennwood Dr and into Four Corners. Can purchase with house next door 716 WVMLS#827003

Last Agent to Sell the Property

Wendy Ebster

CALL IT CLOSED INTERNATIONAL REALTY License #201215825 Listed on: 03/27/2025

Last Buyer's Agent

KATHY CAMPOS MESEN

REALTY OF AMERICA, LLC License #201241488

REALTY OF AMERICA, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,426

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Four Corners Elementary School
  • Houck Middle School
  • South Salem High School

Utilities

  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,426

Year Built

Built in 1950

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: CALLING ALL DEVELOPERS, BUILDERS, THOSE WITH VISION! This cute bungalow is on a pretty awesome large lot, yearning for improvement! SO MUCH POTENTIAL! Currently boarded up (keeping out the riff-raff). Possibly stunning 75 year old hardwood floors. This part of Lancaster is happening, and what a great spot for commuters - easy access to major thoroughfares. Entry to wonderful neighborhood and neighbors down Glennwood Dr and into Four Corners. Can purchase with house next door 716 WVMLS#827003
  • Cross Street: Glenwood Dr SE
  • Year Built: 1950
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

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

Exterior Features

  • Fenced Yard: Partial
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap

Garage/Parking

  • Garage Capacity: 0

Utilities

  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric

Lot Info

  • Acres: 0.2
  • Estimated Lot Sq Ft: 8712
  • Lot: 9
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Amount: 2426

MLS Schools

  • HighSchool: South Salem
  • Middle School: Houck
  • Elementary School: Four Corners

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Off Market $205,000 -- --
06/13/2025 06/13/25 Sold $165,000 -19.5% $229 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
05/22/2025 05/22/25 Price Changed $205,000 -4.7% $285 / Sq Ft
03/27/2025 03/27/25 For Sale $215,000 -- $299 / Sq Ft
Source: Willamette Valley MLS

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
2025 $2,456 $104,550 -- --
2024 $2,456 $101,510 -- --
2023 $2,163 $98,560 $0 $0
2022 $1,583 $95,690 $0 $0
2021 $1,569 $92,910 $0 $0
2020 $1,522 $90,210 $0 $0
2019 $1,532 $87,590 $0 $0
2018 $1,487 $0 $0 $0
2017 $1,224 $0 $0 $0
2016 $1,174 $0 $0 $0
2015 $1,161 $0 $0 $0
2014 $1,060 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 827006

Willamette Valley MLS

APN: 555151

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