Skip main navigation
For sale
    • Listed by: 

    SHADYA JONES Direc:503-884-6281,

    Coldwell Bnkr/Commercial Div

    $1,460,000

    2540 Michigan City Ln NW, Salem, OR 97304

    4beds
    2,873sqft
    : 
    Residence
    Built in 1980
    4.8 Acres Lot
    $1,396,800 Zestimate®
    $508/sqft
    $-- HOA

    What's special

    Outstanding Residential Development Opportunity located adjacent to the newly developed Misty Meadows development. The sale includes an assemblage of two separate tax parcels (R400792-2.80ac bare land/R267146-2.80ac. residence, shop & barn). Residence is +/- 2,873/SF and Shop is +/- 1920/SF. The property does have the potential to develop rental income while going through the approval process. PLEASE DO NOT DISTURB OWNER. See addt'l details attached. Buyer responsible for completing due-diligence. Sold in AS-IS-WHERE-IS condition
    94 days
    on Zillow
    |
    358
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 22, 2025 at 02:40pm

    Listed by:

    SHADYA JONES Direc:503-884-6281,

    Coldwell Bnkr/Commercial Div

    Source: WVMLS,MLS#: 824682MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 2540 Michigan City Ln NW.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 5
    Primary bedroom
    • Level: Upper
    Bedroom 2
    • Level: Upper
    Bedroom 3
    • Level: Upper
    Bedroom 4
    • Level: Upper
    Dining room
    • Features: Formal
    • Level: Main
    Family room
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Heat Pump
    Appliances
    • Included: Dishwasher, Electric Range, Electric Water Heater
    • Laundry: Main Level
    Features
    • High Speed Internet
    • Flooring: Carpet, Vinyl
    • Has fireplace: Yes
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 2,873
    • Total interior livable area: 2,873 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Fencing: Partial
    • Has view: Yes
    • View description: Mountain(s), Territorial
    Lot
    • Size: 4.8 Acres
    Details
    • Additional structures: Barn(s), Workshop, Shed(s), RV/Boat Storage
    • Parcel number: 400792
    • Zoning: SR

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residence
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Electric: 1/Main
    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $508/sqft
    • Tax assessed value: $881,400
    • Annual tax amount: $5,013
    • Price range: $1.5M - $1.5M
    • Date on market: 1/22/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Loading
    • Loading

    Nearby cities