NOT LISTED FOR SALE

880 Spears Ave SE Salem, OR 97302

Morningside Neighborhood

Estimated Value: $398,000 - $424,535

4 Beds
1 Bath
1,821 Sq Ft
$227/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2025

Last sale price $425,000 $233 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,528 / mo

54 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Patio
  • Wood Flooring
  • 1 Car Attached Garage
  • 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

Last Buyer's Agent

Unrepresented Buyer

Unrepresented Buyer

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1950

Lot Details

  • 9,148

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
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Electric Water Heater

Additional Features

  • Patio
  • 9,148 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / 4
  • Assessor Parcel Number 591935

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,898

Year Built

Built in 1950

Lot Details

9,148 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • 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
  • Unit Levels: One
  • Year Built: 1950
  • Road Surface Type: Paved
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Water Heater
  • Basement YN: Yes
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Fireplace Features: Wood Burning

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding, Lap Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Foundation Details: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Attached Garage
  • Parking Features: Attached Garage

Utilities

  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public
  • Heating: Forced Air, Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

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

Tax Info

  • Tax Annual Amount: 3898.0
  • Tax Lot: 1400
  • Tax Map Number: 1400
  • 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
$413,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,366
Avg. Annual Appreciation
-2.29%
Original Mortgage
$382,500
Outstanding Balance
$370,688
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$42,946

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:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scott Paul $425,000 Amerititle
Waldner Rodney A $275,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Paul $382,500
Previous Owner Waldner Rodney A $281,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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: Oregon Coast Multiple Listing Service

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 $4,016 $210,690 -- --
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

  • P

    Seller's Agent in 2025

    Peter Braunworth

    Coho Realty

    1 in this area

    78 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

    27 Total Sales

    WINNIE HANNON
    Section Image
  • Jared Ford

    Buyer's Agent in 2020

    Jared Ford

    COHO REALTY

    (503) 983-0108

    28 Total Sales

    Jared Ford
    Section Image
See All Agents

Map

Source: Oregon Coast Multiple Listing Service

MLS Number: LC-102606

Oregon Coast Multiple Listing Service

APN: 591935

Oregon Marion County Salem 97302 Morningside

880 Spears 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.

Oregon Coast Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.