NOT LISTED FOR SALE

880 Spears Ave SE Salem, OR 97302

Morningside Neighborhood

Estimated Value: $376,000 - $447,000

4 Beds
1 Bath
1,821 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2025

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

Est. 1% decrease in value since last sale

Current estimated payment $2,677 / mo

54 Days on Market

Highlights

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

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
  • Additional Tax and Location Information: Subdivision Block: 4
  • Additional Tax and Location Information: Subdivision Parcel/Lot: 3
  • Association/Community: Senior Community YN: No
  • Road Surface Type: Paved
  • Construction Materials: Vinyl Siding, Lap Siding
  • Levels: One
  • Outdoor Living Spaces Features: Patio
  • Water Heater: Electric
  • 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
  • Interior: Basement YN: Yes
  • Interior: Fireplace YN: Yes
  • Room Types: Bedroom 2 Level: First
  • Room Types: Primary Bedroom Level: First
  • Room Types: Bedroom 3 Level: First
  • Room Types: Bedroom 4 Level: First

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

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
Dec 12, 2024
Closed on
Feb 25, 2025
Sold by
Bought by
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
$421,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,376
Avg. Annual Appreciation
-0.56%
Original Mortgage
$382,500
Outstanding Balance
$361,110
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$60,514

Purchase Details

Listed on
Sep 12, 2019
Closed on
Jan 31, 2020
Sold by
Bought by
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
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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

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
$425,000 Amerititle
$275,000 First American
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 $382,500
Previous Owner $281,325
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 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

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 $4,329 $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

    79 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

    26 Total Sales

    WINNIE HANNON
    Section Image
  • Jared Ford

    Buyer's Agent in 2020

    Jared Ford

    COHO REALTY

    (503) 983-0108

    25 Total Sales

    Jared Ford
    Section Image
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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.

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