Sold199d on market

4001 12th Cutoff St SE

Salem, OR, 97302 • Faye Wright • Marion County

$260,000

$222/sqft

3Beds

2Baths

1,171Sqft

0.02 acLot

1991Built

Property DNA

4 highlights

Territorial Views

Territorial

BrooksideTowneHomesCondos

Faye Wright

Outdoor Living

Patio

1-Car Garage

Attached

Market activity

Demand and pricing signals for this listing

2 views

People checking out this listing

199 days on market

Established listing

$222/sqft

Price per square foot

About this home

Condo · Built 1991

COMFORT & EASE at this conveniently located and nicely appointed roomy South Salem condo! All exterior maintenance from the studs out is covered by your HOA, including some utilities and insurance! Gated community, kids & pets welcome-- terrific schools nearby! Attached garage! Lock in your monthly payment, build some equity and get ahead!

Standout features identified

Our analysis highlights gated community and new flooring and paint as key attractions of this home.

Estimated monthly payment

Based on current rates

$2,064/month

Principal & Interest$1,305

Property Tax$260

Insurance$87

HOA$413

Down payment20% ($52,000)

3%50%

Est. 6.43% rate · 30yr fixed · $208,000 loan

Full calculator →

At a glance

Key facts and listing details

TypeCondominium

Year Built1991

HeatingElectric, Zoned

Parking1 Attached Garage space

HOA$413 monthly

Property

Home typeCondo

Sub-typeCondominium

Year built1991

Stories2

Systems

HeatingElectric, Zoned

RoofComposition

ConstructionVinyl Siding, Lap Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingAttached

Garage1 spaces

FencingPartial

Lot858 sqft

Location & Tax

NeighborhoodFaye Wright

ZoningRS2

Annual tax$2,859

Bathrooms & Fees

Full baths1

HOA$413/mo

Features & details

12 categories of property features

Interior Features

Interior

Den

Office

High Speed Internet

Appliances

Dishwasher

Disposal

Gas Range

Range Included

Gas Water Heater

Flooring

Carpet

Heating

Electric

Zoned

Fireplace

Gas

Living Room

Exterior Features

Exterior

Light Gray

Parking

Attached

Construction

Vinyl Siding

Lap Siding

Patio & Porch

Patio

Lot Features

Dimension Above

Landscaped

Views

Territorial

Utilities

Water Connected

Room details

1 room detailed

Dining Room

Area (Combination)

Listing insights

Market data and value estimates

StatusSold

Days on market199

Est. value$255,700

Est. rent$2,054/mo

Tax rate0.81%

Price/sqft$222

On marketApr 23, 2025

PostedApr 23, 2025

Last sold$260,000

MLS updatedSep 9, 2025

Tour days6

How are the schools in Salem?

3 schools rated nearby

Salem Heights Elementary School

Elementary • Public • K-5

0.2 mi

Crossler Middle School

Middle • Public • 6-8

2.3 mi

Sprague High School

High • Public • 9-12

2.1 mi

Location

Salem, OR, 97302

Expand map

Price history

15 events

DateEventPrice$/sqftSource

Sep 8, 2025Sold$260,000$222WVMLS

Jul 23, 2025Contingent$275,000$235WVMLS

Jun 16, 2025Price Change$275,000$235WVMLS

Jun 2, 2025Price Change$289,000$247WVMLS

Apr 23, 2025Listed For Sale$299,000$255WVMLS

Aug 1, 2024Sold$299,000$255WVMLS

Jul 5, 2024Contingent$296,000$253WVMLS

Jul 3, 2024Listed For Sale$296,000$253WVMLS

Mar 26, 2022Contingent$239,900$205WVMLS

Mar 22, 2022Listed For Sale$239,900$205WVMLS

Jan 31, 2022Sold$240,000$205Agent Provided

Dec 27, 2021Listed For Sale$229,000$196WVMLS

Jul 24, 2020Listing Removed$219,900$188TU CASA CORPORATION

Jul 23, 2020Listed For Sale$219,900$188TU CASA CORPORATION

Feb 28, 2019Sold$162,900$139HomeSmart Intl Solds

Sold$260,000

Sep 8, 2025•$222/sqft•WVMLS

Contingent$275,000

Jul 23, 2025•$235/sqft•WVMLS

Price Change$275,000

Jun 16, 2025•$235/sqft•WVMLS

Price Change$289,000

Jun 2, 2025•$247/sqft•WVMLS

Listed For Sale$299,000

Apr 23, 2025•$255/sqft•WVMLS

Sold$299,000

Aug 1, 2024•$255/sqft•WVMLS

Contingent$296,000

Jul 5, 2024•$253/sqft•WVMLS

Listed For Sale$296,000

Jul 3, 2024•$253/sqft•WVMLS

Contingent$239,900

Mar 26, 2022•$205/sqft•WVMLS

Listed For Sale$239,900

Mar 22, 2022•$205/sqft•WVMLS

Sold$240,000

Jan 31, 2022•$205/sqft•Agent Provided

Listed For Sale$229,000

Dec 27, 2021•$196/sqft•WVMLS

Listing Removed$219,900

Jul 24, 2020•$188/sqft•TU CASA CORPORATION

Listed For Sale$219,900

Jul 23, 2020•$188/sqft•TU CASA CORPORATION

Sold$162,900

Feb 28, 2019•$139/sqft•HomeSmart Intl Solds

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Neighborhood details

Local context around this listing

Salem, OR • Marion County

Nearby neighborhoods

East LancasterFaye WrightFour CornersHayesvilleMorningsideNorth LancasterNorthgateSouth GatewaySoutheast Mill CreekWest Salem

Nearby cities

AumsvilleAuroraHubbardJeffersonKeizerSalemSilvertonStayton

Nearby zip codes

97301973029730497305973069730897309973109731297317

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Value estimates

Live

Est. value$255,700

Est. rent$2,054/mo

30yr rate est.6.43%

Affordability$2,009/mo

Accepted financing

CashConventionalVA LoanFHAODVA

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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

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