Don't miss this diamond in the rough just outside Salem city limits! 3 acres with unlimited potential backing up to Lamb Elementary School. With a little vision this property would make a great Custom home site and also has future development potential. 3 bed/1 bath/982 SF home is well kept and would make an ideal investment rental or first time residence. New roof in 2020, well pump, septic tank & gas furnace were all replaced within the last 8 years. Quick access to I-5 & Lancaster Drive. Well & Septic.
Sold for $485,000 on 05/10/24
Listed by:
JORDAN SPARKS 541-646-0650,
Smi Real Estate,
HANNAH FOUTS,
Smi Real Estate
Bought with: Smi Real Estate
$485,000
3725 Cordon Rd NE, Salem, OR 97305
3beds
982sqft
Single Family Residence
Built in 1947
3 Acres Lot
$508,000 Zestimate®
$494/sqft
$1,993 Estimated rent
Home value
$508,000
$462,000 - $559,000
$1,993/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 19, 2024 at 02:16pm
Listed by:
JORDAN SPARKS 541-646-0650,
Smi Real Estate,
HANNAH FOUTS,
Smi Real Estate
Bought with:
JORDAN SPARKS
Smi Real Estate
Source: WVMLS,MLS#: 813725
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Dining room
- Features: Area (Combination)
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dishwasher, Electric Range, Gas Water Heater
- Laundry: Main Level
Features
- Flooring: Carpet, Laminate
- Has fireplace: No
Interior area
- Total structure area: 982
- Total interior livable area: 982 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Exterior features: White
- Fencing: Partial
Lot
- Size: 3 Acres
Details
- Additional structures: RV/Boat Storage
- Parcel number: 522666
- Zoning: UT-5
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Shake Siding, Lap Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Electric: 1/Main
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Salem
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/10/2024 | Sold | $485,000$494/sqft |
Source:  WVMLS #813725 | ||
| 3/25/2024 | Pending sale | $485,000$494/sqft |
Source:  RMLS (OR) #24665557 | ||
| 3/3/2024 | Contingent | $485,000$494/sqft |
Source: WVMLS #813725 | ||
| 2/28/2024 | Listed for sale | $485,000$494/sqft |
Source: WVMLS #813725 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,685 +5.3% | $176,050 +6.1% |
| 2023 | $2,550 +3% | $165,960 |
| 2022 | $2,475 +1% | $165,960 +3% |
Find assessor info on the county website
Neighborhood: Hayesville
Nearby schools
GreatSchools rating
- 2/10Lamb Elementary SchoolGrades: K-5Distance: 0.1 mi
- 2/10Stephens Middle SchoolGrades: 6-8Distance: 1.1 mi
- 2/10Mckay High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Lamb
- Middle: Adam Stephens
- High: McKay
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Get a free Zillow Showcase℠ listing and you could sell for .
$508,000
2% more+ $10,160
With Zillow Showcase(estimated)
$518,160