For SaleForeclosure162d on market

555 W Hills Way NW

Salem, OR, 97304 • West Salem • Polk County

$404,900

$245/sqft

-$15,000 since Mar 18, 2026

3Beds

2Baths

1,654Sqft

0.19 acLot

1960Built

Property DNA

5 highlights

Gilmer Addition

West Salem

Outdoor Living

Covered Patio

Special Features

Shed(s) · RV/Boat Storage

2-Car Garage

Attached

Wood Floors

Quality flooring throughout

This home is getting attention

Listed 162 days ago · 1,280 views · 57 saves

Market activity

Demand and pricing signals for this listing

1,280 views

People checking out this listing

57 saves

Buyers have saved this home

162 days on market

Established listing

$245/sqft

Price per square foot

Selling Soon Prediction

Moderate

This home ranks in the top 50% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

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About this home

Single Family · Built 1960

Accepted Offer with Contingencies. Spacious single-level living in West Salem! 3 bed,2 full baths with beautifully refinished hardwood floors throughout. New roof and updated kitchen with new appliances, fresh paint throughout, Large bonus family room off the kitchen, Corner lot with space to park a RV or trailer. Covered patio great for outdoor entertaining. Small shed in the backyard perfect to keep all your outdoor tools in. Easy walk to grade school and quick drive into downtown and all shopping.

Standout features identified

Our analysis highlights fresh paint throughout, spacious single-level living, and corner lot as key attractions of this home.

Estimated monthly payment

Based on current rates

$2,534/month

Principal & Interest$1,994

Property Tax$405

Insurance$135

Down payment20% ($80,980)

3%50%

Est. 6.25% rate · 30yr fixed · $323,920 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingle Family Residence

Year Built1960

HeatingElectric, Heat Pump, Forced Air

Parking2 Attached Garage spaces

Lot8,300 sqft

Days on Zillow162 Days

Price/sqft$245

Property

Home typeSingle Family

Sub-typeSingle Family Residence

Year built1960

Stories1

Systems

HeatingElectric, Heat Pump, Forced Air

RoofComposition

ConstructionWood Siding, Lap Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingAttached

Garage2 spaces

FencingFenced

Lot8,300 sqft

Location & Tax

NeighborhoodWest Salem

Annual tax$3,991

Parcel312280

Bathrooms & Fees

Full baths2

Features & details

11 categories of property features

Interior Features

Interior

Rec Room

Appliances

Dishwasher

Electric Range

Built-In Range

Electric Water Heater

Flooring

Carpet

Wood

Heating

Electric

Heat Pump

Forced Air

Fireplace

Living Room

Wood Burning

Exterior Features

Parking

Attached

Construction

Wood Siding

Lap Siding

Patio & Porch

Covered Patio

Lot Features

Dimension Above

Landscaped

Utilities

Water Connected

Other Structures

Shed(s)

RV/Boat Storage

Room details

4 rooms detailed

Master Bedroom

Main

Dining Room

Area (Combination)

Kitchen

Main

Living Room

Main

Listing insights

Market data and value estimates

StatusFor Sale

Days on market162

Est. value$399,300

Est. rent$2,567/mo

Tax rate0.80%

Price/sqft$245

On marketOct 26, 2025

PostedOct 26, 2025

Last sold$216,134

MLS updatedMar 30, 2026

Tour days6

Favorites57

How are the schools in Salem?

3 schools rated nearby

Myers Elementary School

Elementary • Public • K-5

0.3 mi

Walker Middle School

Middle • Public • 6-8

0.8 mi

West Salem High School

High • Public • 9-12

1.3 mi

Location

Salem, OR, 97304

Expand map

Price history

12 events

DateEventPrice$/sqftSource

Mar 18, 2026Price Change$404,900$245John L Scott Real Estate

Feb 20, 2026Price Change$419,900$254John L Scott Real Estate

Jan 27, 2026Price Change$434,900$263John L Scott Real Estate

Dec 30, 2025Price Change$449,900$272John L Scott Real Estate

Nov 26, 2025Price Change$469,900$284John L Scott Real Estate

Oct 26, 2025Listed For Sale$484,900$293John L Scott Real Estate

Jan 5, 2019Listing Removed$1,625$1WRI Property Management

Dec 28, 2018Price Change$1,625$1WRI Property Management

Dec 5, 2018Listed For Rent$1,650$1WRI Property Management

Jul 12, 2017Sold$216,134$131Public Record

Dec 17, 2016Listing Removed$229,900$139John L Scott Real Estate

Jun 17, 2016Listed For Sale$229,900$139JOHN L. SCOTT WSL

Price Change$404,900

Mar 18, 2026•$245/sqft•John L Scott Real Estate

Price Change$419,900

Feb 20, 2026•$254/sqft•John L Scott Real Estate

Price Change$434,900

Jan 27, 2026•$263/sqft•John L Scott Real Estate

Price Change$449,900

Dec 30, 2025•$272/sqft•John L Scott Real Estate

Price Change$469,900

Nov 26, 2025•$284/sqft•John L Scott Real Estate

Listed For Sale$484,900

Oct 26, 2025•$293/sqft•John L Scott Real Estate

Listing Removed$1,625

Jan 5, 2019•$1/sqft•WRI Property Management

Price Change$1,625

Dec 28, 2018•$1/sqft•WRI Property Management

Listed For Rent$1,650

Dec 5, 2018•$1/sqft•WRI Property Management

Sold$216,134

Jul 12, 2017•$131/sqft•Public Record

Listing Removed$229,900

Dec 17, 2016•$139/sqft•John L Scott Real Estate

Listed For Sale$229,900

Jun 17, 2016•$139/sqft•JOHN L. SCOTT WSL

Tax history

24 years of records

YearTax paidAssessed value

Apr 7, 2024$3,992$211,820

Apr 7, 2023$3,876$205,660

Apr 7, 2022$3,752$199,670

Apr 7, 2021$3,645$193,860

Apr 7, 2020$3,537$188,220

Apr 7, 2019$3,413$182,740

Apr 7, 2018$3,413$177,420

Apr 7, 2017$3,357$172,260

Apr 7, 2016$3,025$167,250

Apr 7, 2015$2,953$161,120

Apr 7, 2014$2,964$157,660

Apr 7, 2013$2,586$143,330

Apr 7, 2012$2,705$149,060

Apr 7, 2011$2,761$153,070

Apr 7, 2010$2,645$148,620

Apr 7, 2009$2,608$144,300

Apr 7, 2008$2,460$140,100

Apr 7, 2007$2,400$136,020

Apr 7, 2006$2,306$132,060

Apr 7, 2005$2,265$128,220

Apr 7, 2004$2,282$124,490

Apr 7, 2002$2,118$117,350

Apr 7, 2001$2,057$113,940

Apr 7, 2000$2,003$110,630

Nearby homes

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$457,600

3 bd2 ba1,596 sqft

1975 Gilmer St NW, Salem, OR

Off Market

$415,100

3 bd2 ba1,536 sqft

1960 Lowen St NW, Salem, OR

Off Market

$425,700

3 bd1.5 ba1,466 sqft

1980 Lowen St NW, Salem, OR

Off Market

$511,300

5 bd2.5 ba2,412 sqft

2015 Gilmer St NW, Salem, OR

Off Market

$470,400

3 bd2 ba1,746 sqft

1962 Gilmer St NW, Salem, OR

Off Market

$463,300

3 bd2 ba1,911 sqft

550 W Hills Way NW, Salem, OR

Off Market

$395,000

3 bd2.5 ba1,686 sqft

580 W Hills Way NW, Salem, OR

Off Market

$515,200

4 bd2 ba2,532 sqft

1970 Gilmer St NW, Salem, OR

Neighborhood details

Local context around this listing

Salem, OR • Polk 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$399,300

Est. rent$2,567/mo

30yr rate est.6.25%

Affordability$2,374/mo

Accepted financing

VA LoanCashFHAConventional

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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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