Sold768d on market

1840 Lorain Ct SE

Salem, OR, 97302 • South Central • Marion County

$316,000

$323/sqft

3Beds

1Baths

978Sqft

0.15 acLot

1953Built

Property DNA

6 highlights

Territorial Views

Territorial

Glen-L Subdivision

South Central

Outdoor Living

Covered Patio

Special Features

Shed(s) · RV/Boat Storage

1-Car Garage

Attached

Wood Floors

Quality flooring throughout

This home is in high demand

Listed 768 days ago · 3 views · Top 3% likely to sell soon

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Market activity

Demand and pricing signals for this listing

3 views

People checking out this listing

768 days on market

Established listing

$323/sqft

Price per square foot

Selling Soon Prediction

Very High

This home ranks in the top 3% 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 1953

Charming 1950s home nestled within a quiet cul-de-sac in the heart of South Salem. Enter into a cozy open living space w/ orig hardwood floors, fresh paint, & a wood burning fp with brick surround. The functional kitch exudes a vintage appeal w/ trendy vinyl flooring. Lives big w/ 3 beds & 1 bth. Ramp access to front dr and covered back patio. 1 car attached garage. Sizeable fnced yd, 2 outbuildings, alley access to back. RM2 Zoning. Reputable schools. Close to shopping, restaurants, and entertainment.

Standout features identified

Our analysis highlights heart of south salem, cozy open living space, and ramp access as key attractions of this home.

Estimated monthly payment

Based on current rates

$2,005/month

Principal & Interest$1,583

Property Tax$316

Insurance$105

Down payment20% ($63,200)

3%50%

Est. 6.41% rate · 30yr fixed · $252,800 loan

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At a glance

Key facts and listing details

TypeSingle Family Residence

Year Built1953

HeatingForced Air, Oil

CoolingWindow Unit(s)

Parking1 Attached Garage space

Lot6,500 sqft

Property

Home typeSingle Family

Sub-typeSingle Family Residence

Year built1953

Stories1

Systems

HeatingForced Air, Oil

CoolingWindow Unit(s)

RoofComposition

ConstructionShake Siding, Lap Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingAttached

Garage1 spaces

FencingFenced

Lot6,500 sqft

Location & Tax

NeighborhoodSouth Central

ZoningRM2

Annual tax$2,504

Parcel574891

Bathrooms & Fees

Full baths1

Features & details

13 categories of property features

Interior Features

Appliances

Dishwasher

Electric Range

Microwave

Range Included

Electric Water Heater

Flooring

Carpet

Vinyl

Wood

Heating

Forced Air

Oil

Cooling

Window Unit(s)

Fireplace

Living Room

Wood Burning

Accessibility

Handicap Amenities - See Remarks

Exterior Features

Exterior

Peach

Parking

Attached

Construction

Shake Siding

Lap Siding

Patio & Porch

Covered Patio

Lot Features

Irregular Lot

Landscaped

Views

Territorial

Other Structures

Shed(s)

RV/Boat Storage

Room details

6 rooms detailed

Master Bedroom

Main

Bedroom2

Main

Bedroom3

Main

Dining Room

Main

Area (Combination)

Kitchen

Main

Living Room

Main

Listing insights

Market data and value estimates

StatusSold

Days on market768

Est. value$354,200

Est. rent$1,987/mo

Tax rate0.81%

Price/sqft$323

On marketJan 31, 2024

PostedJan 31, 2024

Last sold$316,000

MLS updatedFeb 23, 2024

Tour days6

How are the schools in Salem?

3 schools rated nearby

Bush Elementary School

Elementary • Public • K-5

0.8 mi

Leslie Middle School

Middle • Public • 6-8

1.6 mi

South Salem High School

High • Public • 9-12

0.3 mi

Location

Salem, OR, 97302

Expand map

Price history

4 events

DateEventPrice$/sqftSource

Feb 23, 2024Sold$316,000$323WVMLS

Feb 5, 2024Contingent$312,900$320WVMLS

Feb 5, 2024Pending Sale$312,900$320RMLS (OR)

Jan 31, 2024Listed For Sale$312,900$320RMLS (OR)

Sold$316,000

Feb 23, 2024•$323/sqft•WVMLS

Contingent$312,900

Feb 5, 2024•$320/sqft•WVMLS

Pending Sale$312,900

Feb 5, 2024•$320/sqft•RMLS (OR)

Listed For Sale$312,900

Jan 31, 2024•$320/sqft•RMLS (OR)

Tax history

26 years of records

YearTax paidAssessed value

Apr 2, 2025$2,781$135,360

Apr 2, 2024$2,580$131,420

Apr 2, 2023$2,504$123,890

Apr 2, 2022—$123,890

Apr 2, 2021$2,365$120,290

Apr 2, 2020$2,296$113,390

Apr 2, 2019$2,215—

Apr 2, 2018$2,187—

Apr 2, 2017$2,187—

Apr 2, 2016$1,880—

Apr 2, 2015$1,880—

Apr 2, 2014$1,833—

Apr 2, 2013$1,753—

Apr 2, 2012$1,753—

Apr 2, 2011$1,677$89,550

Apr 2, 2010$1,609$84,420

Apr 2, 2009$1,591$84,420

Apr 2, 2008$1,501$81,970

Apr 2, 2007$1,454—

Apr 2, 2006$1,430—

Apr 2, 2005$1,402—

Apr 2, 2004$1,408—

Apr 2, 2003$1,343—

Apr 2, 2002$1,310—

Apr 2, 2001$1,271—

Apr 2, 2000$1,231—

Nearby homes

Recently Sold

$415,000

2 bd2 ba1,127 sqft

1085 Oxford St SE, Salem, OR

Recently Sold

$155,000

3 bd2 ba1,425 sqft

1830 Lorain Ct SE, Salem, OR

Off Market

$334,600

3 bd1 ba1,008 sqft

1089 Oxford St SE, Salem, OR

Off Market

$394,600

3 bd2 ba1,394 sqft

1820 Lorain Ct SE, Salem, OR

Off Market

$303,100

2 bd1 ba984 sqft

1895 Lorain Ct SE, Salem, OR

Off Market

$330,400

3 bd1 ba976 sqft

1885 Lorain Ct SE, Salem, OR

Off Market

$470,800

4 bd1 ba1,458 sqft

1875 Berry St SE UNIT A, Salem, OR

Off Market

$407,100

4 bd2 ba1,902 sqft

1885 Berry St SE, Salem, OR

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$354,200

Est. rent$1,987/mo

30yr rate est.6.41%

Affordability$1,855/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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