Sold40d on market
700 Palisades Dr SE
Salem, OR, 97302 • Faye Wright • Marion County
$645,000
$205/sqft
4Beds
4Baths
3,142Sqft
0.27 acLot
1987Built
Property DNA
Territorial Views
Territorial
The Woods Two In Salem
Faye Wright
Outdoor Living
Patio
Shed(s)
Shed(s)
2-Car Garage
Attached
Premium Finishes
Walk-in Pantry
Wood Floors
Quality flooring throughout
This home is in high demand
Listed 40 days ago · 37 views · Top 8% likely to sell soon
Market activity
Demand and pricing signals for this listing
37 views
People checking out this listing
40 days on market
Established listing
$205/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 8% 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 1987
This truly unique home offers vaulted, open living and dining spaces filled with character and charm. The kitchen connects effortlessly to a cozy family room, creating an ideal layout for everyday living and entertaining. Craftsman built-ins, two fireplaces, and bamboo floors add warmth and style. The main level features separated bedrooms and a full bath, offering privacy and potential for multigenerational living. Versatile bonus rooms are perfect for hobbies, storage, or a home office.
Standout features identified
Our analysis highlights two fireplaces, craftsman built-ins, and fire pit as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,136/month
Principal & Interest$3,247
Property Tax$645
Insurance$215
HOA$29
Down payment20% ($129,000)
3%50%
Est. 6.46% rate · 30yr fixed · $516,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1987
HeatingNatural Gas, Forced Air
CoolingCentral Air
Parking2 Attached Garage spaces
HOA$350 annually
Lot0.27 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1987
Stories2
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
RoofComposition
ConstructionWood Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingAttached
Garage2 spaces
FencingFenced
Lot0.27 Acres
Location & Tax
NeighborhoodFaye Wright
ZoningRS
Annual tax$10,539
Parcel531957
Bathrooms & Fees
Full baths3
HOA$29/mo
Features & details
14 categories of property features
Interior Features
Interior
Breakfast Room/Nook
Den
Walk-in Pantry
Appliances
Dishwasher
Disposal
Gas Range
Flooring
Laminate
Wood
Heating
Natural Gas
Forced Air
Cooling
Central Air
Laundry
Main Level
Fireplace
Family Room
Gas
Living Room
Exterior Features
Exterior
Tan
Parking
Attached
Construction
Wood Siding
Patio & Porch
Patio
Lot Features
Landscaped
Views
Territorial
Other Structures
Shed(s)
Room details
8 rooms detailed
Master Bedroom
UpperBedroom2
MainBedroom3
MainBedroom4
UpperDining Room
MainFormal
Family Room
MainListing insights
Market data and value estimates
StatusSold
Days on market40
Est. rent$3,701/mo
Tax rate0.81%
Price/sqft$205
On marketDec 23, 2025
PostedDec 23, 2025
Last sold$645,000
MLS updatedFeb 23, 2026
Tour days6
Views37
How are the schools in Salem?
3 schools rated nearby
Location
Salem, OR, 97302
Price history
16 events
DateEventPrice$/sqftSource
Feb 20, 2026Sold$645,000$205WVMLS
Jan 12, 2026Contingent$699,000$222WVMLS
Dec 23, 2025Listed For Sale$699,000$222WVMLS
Dec 22, 2025Listing Removed$669,000$213WVMLS
Dec 4, 2025Listed For Sale$669,000$213WVMLS
Dec 8, 2024Listing Removed$749,000$238Berkshire Hathaway HomeServices NW
Nov 9, 2024Listed For Sale$749,000$238WVMLS
May 11, 2016Sold$375,000$119Public Record
Mar 5, 2016Price Change$375,000$119RE/MAX INTEGRITY - SALEM
Sep 19, 2015Price Change$384,900$123Real Estate Professionals Salem
Aug 27, 2015Listed For Sale$399,900$127Real Estate Professionals Salem
Jul 11, 2015Listing Removed$429,000$137John L Scott Real Estate
Jan 9, 2015Listed For Sale$429,000$137John L. Scott-SLM
Aug 8, 2008Sold$450,000$143Public Record
Jun 4, 2004Sold$329,000$105Public Record
Oct 22, 2001Sold$325,000$103Public Record
Sold$645,000
Feb 20, 2026•$205/sqft•WVMLS
Contingent$699,000
Jan 12, 2026•$222/sqft•WVMLS
Listed For Sale$699,000
Dec 23, 2025•$222/sqft•WVMLS
Listing Removed$669,000
Dec 22, 2025•$213/sqft•WVMLS
Listed For Sale$669,000
Dec 4, 2025•$213/sqft•WVMLS
Listing Removed$749,000
Dec 8, 2024•$238/sqft•Berkshire Hathaway HomeServices NW
Listed For Sale$749,000
Nov 9, 2024•$238/sqft•WVMLS
Sold$375,000
May 11, 2016•$119/sqft•Public Record
Price Change$375,000
Mar 5, 2016•$119/sqft•RE/MAX INTEGRITY - SALEM
Price Change$384,900
Sep 19, 2015•$123/sqft•Real Estate Professionals Salem
Listed For Sale$399,900
Aug 27, 2015•$127/sqft•Real Estate Professionals Salem
Listing Removed$429,000
Jul 11, 2015•$137/sqft•John L Scott Real Estate
Listed For Sale$429,000
Jan 9, 2015•$137/sqft•John L. Scott-SLM
Sold$450,000
Aug 8, 2008•$143/sqft•Public Record
Sold$329,000
Jun 4, 2004•$105/sqft•Public Record
Sold$325,000
Oct 22, 2001•$103/sqft•Public Record
Tax history
26 years of records
YearTax paidAssessed value
Apr 2, 2025$10,540$513,020
Apr 2, 2024$9,779$498,080
Apr 2, 2023$9,491$469,500
Apr 2, 2022$9,226$469,500
Apr 2, 2021$8,962$455,830
Apr 2, 2020$8,701$429,670
Apr 2, 2019$8,395—
Apr 2, 2018$8,287—
Apr 2, 2017$8,287—
Apr 2, 2016$7,124—
Apr 2, 2015$7,124—
Apr 2, 2014$7,178—
Apr 2, 2013$5,765—
Apr 2, 2012$5,765—
Apr 2, 2011$6,015$333,470
Apr 2, 2010$6,659$349,390
Apr 2, 2009$6,584$349,390
Apr 2, 2008$6,212$339,220
Apr 2, 2007$6,016—
Apr 2, 2006$5,918—
Apr 2, 2005$5,800—
Apr 2, 2004$5,665—
Apr 2, 2003$5,279—
Apr 2, 2002$5,190—
Apr 2, 2001$5,083—
Apr 2, 2000$4,890—
Nearby homes
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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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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