$425,000
SOLD FEB 28, 2025

880 Spears Ave SE Salem, OR 97302

Morningside Neighborhood
4 Beds
1 Bath
1,821 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$233 Per Sq Ft

2% Below List Price

54 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 1 Car Attached Garage
  • Wood Flooring
  • Fireplace
  • 3-minute walk to South Village Park

About This Home

As of February 2025

Nestled in South Salem close to good schools and parks, this delightful 1950's home combines classic charm with modern updates, offering 1,821 sqft of living space on a generous oversized lot. With 4 bedrooms, 1 bathroom, and beautiful refinished wood floors, this home exudes character while providing plenty of room. The full, unfinished basement offers excellent potential for additional storage or future expansion, while the 1-car garage and 1-car carport provide convenient parking.

Last Agent to Sell the Property

Peter Braunworth

Coho Realty License #200603159 Listed on: 12/12/2024

Coho Realty

Last Buyer's Agent

Unrepresented Buyer

Unrepresented Buyer

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1950

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Lap Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,821 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Natural lighting in basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Utilities

  • Forced Air Cooling System
  • Heating Available
  • Electricity To Lot Line
  • Water Heater

Additional Features

  • Patio
  • 9,148 Sq Ft Lot

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 591935

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,898

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147.6
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: Commercial St SE to Oakhill Ave SE to Hulsey Ave SE to Spears Ave SE
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1950
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 8950
  • General Property Description:_pound_ of Acres: 0.21
  • General Property Description:CCRs: Yes
  • Location Tax and Other Information:Tax Lot: 1400
  • General Property Description:Total Bedrooms: 4
  • General Property Description:Total Bathrooms: 1.0
  • General Property Description:Levels: One
  • General Property Description:Style: Traditional
  • General Property Description:Basement: Yes
  • Roof:Composition: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Internal Features:RangeOven: Electric
  • Location Tax and Other Information:Subdv ParcelLot: 3
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Siding:Lap: Yes
  • Flooring:Wood3: Yes
  • Alternate Heat:Fireplace: Yes
  • DeckPatio:Patio: Yes
  • Siding:Vinyl: Yes
  • Water:Public: Yes
  • Sewer:Public2: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 4
  • Fireplace Features: Wood-burning Fireplace
  • Fireplace: Yes
  • Flooring: Vinyl, Wood

Exterior Features

  • View: None
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Composition

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 1

Utilities

  • Heating: Fireplace(s)
  • Heating Yn: Yes
  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 591935
  • Zoning: OTHER - See Remarks

Tax Info

  • Tax Annual Amount: 3898.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Feb 25, 2025
Sold by
Waldner Rodney A
Bought by
Scott Paul and Scott Kara L
Seller's Agent
Peter Braunworth
Coho Realty
Buyer's Agent
Unrepresented Buyer
Unrepresented Buyer
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%
Views
79
Current Estimated Value
$428,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,527
Avg. Annual Appreciation
1.20%
Original Mortgage
$382,500
Outstanding Balance
$381,215
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$46,633

Purchase Details

Listed on
Sep 12, 2019
Closed on
Jan 31, 2020
Sold by
Knudesen Sharon M and Randle Helen I
Bought by
Waldner Rodney A
Seller's Agent
WINNIE HANNON
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Jared Ford
COHO REALTY
List Price
$329,900
Sold Price
$275,000
Premium/Discount to List
-$54,900
-16.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Original Mortgage
$281,325
Interest Rate
3.74%
Mortgage Type
VA
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 $425,000 Amerititle
Warranty Deed $275,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $382,500 New Conventional
Previous Owner $281,325 VA
Previous Owner $337,500 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $425,000 0.0% $233 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
01/09/2025 01/09/25 Price Changed $425,000 -2.3% $233 / Sq Ft
12/12/2024 12/12/24 For Sale $435,000 +58.2% $239 / Sq Ft
02/07/2020 02/07/20 Sold $275,000 0.0% $151 / Sq Ft
01/31/2020 01/31/20 Off Market $275,000 -- --
12/18/2019 12/18/19 Price Changed $275,000 -8.0% $151 / Sq Ft
11/05/2019 11/05/19 Price Changed $298,900 -2.0% $164 / Sq Ft
10/21/2019 10/21/19 Price Changed $305,000 -3.2% $167 / Sq Ft
09/30/2019 09/30/19 Price Changed $315,000 -4.5% $173 / Sq Ft
09/12/2019 09/12/19 For Sale $329,900 -- $181 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

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 $4,016 $204,560 -- --
2023 $3,898 $198,610 $0 $0
2022 $3,675 $192,830 $0 $0
2021 $3,570 $187,220 $0 $0
2020 $3,466 $181,770 $0 $0
2019 $3,448 $176,480 $0 $0
2018 $3,404 $0 $0 $0
2017 $3,072 $0 $0 $0
2016 $2,926 $0 $0 $0
2015 $2,948 $0 $0 $0
2014 $2,853 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Braunworth

    Seller's Agent in 2025

    Peter Braunworth

    Coho Realty

    (971) 707-4646

    8 in this area

    173 Total Sales

    Peter Braunworth
    Section Image

  • U

    Buyer's Agent in 2025

    Unrepresented Buyer

    Unrepresented Buyer

  • WINNIE HANNON

    Seller's Agent in 2020

    WINNIE HANNON

    COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    (503) 559-8867

    2 in this area

    25 Total Sales

    WINNIE HANNON
    Section Image
  • Jared Ford

    Buyer's Agent in 2020

    Jared Ford

    COHO REALTY

    (503) 983-0108

    38 Total Sales

    Jared Ford
    Section Image
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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 24-2555

APN: 591935

Oregon Marion County Salem 97302 Morningside

880 Spears Ave SE, Salem, OR

This home is located at 880 Spears Ave SE, Salem, OR 97302 and is currently priced at $425,000, approximately $233 per square foot. This property was built in 1950. 880 Spears Ave SE is a home located in Marion County with nearby schools including Morningside Elementary School, Leslie Middle School, and South Salem High School.

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