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BackBack to Search Results5555 Shannon Ave SE

5555 Shannon Ave SE photo 1

Sold741d on market

5555 Shannon Ave SE

Salem, OR, 97306 • South Gateway • Marion County

$360,000

$322/sqft

3Beds

1Baths

1,118Sqft

0.14 acLot

1976Built

Property DNA

5 highlights

Lakewood Park

Other (Refer to Remarks)

Outdoor Living

Deck · Patio

RV/Boat Storage

RV/Boat Storage

2-Car Garage

Attached

$52/mo HOA

Other (Refer to Remarks)

This home is in high demand

Listed 741 days ago · 1 views · Top 1% likely to sell soon

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Overview Highlights Features Rooms Schools Map History Nearby Similar Tour

Market activity

Demand and pricing signals for this listing

1 views

People checking out this listing

741 days on market

Established listing

$322/sqft

Price per square foot

Selling Soon Prediction

Very High

This home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score99/100

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About this home

Single Family · Built 1976

Freshly updated 1 level on slab foundation. LVP and carpeted floors, counters, kitchen appliances w/ built in microwave included. Extra wide and deep garage with woodworking/hobby space. Utility sink, cupboards, storage all stays. Large corner fenced yard with deck and patio. HOA w/ walking paths, bridges, central park w/ basketball court, tennis court, playground $155/Qtr. $25-$35/mo boat/RV storage w/ HOA + all docs: https://lakewoodparkhoa.wordpress.com/

Standout features identified

Our analysis highlights deep garage, hobby space, and slab foundation as key attractions of this home.

Estimated monthly payment

Based on current rates

$2,338/month

Principal & Interest$1,806

Property Tax$360

Insurance$120

HOA$52

Down payment20% ($72,000)

3%50%

Est. 6.43% rate · 30yr fixed · $288,000 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingle Family Residence

Year Built1976

HeatingElectric, Forced Air

CoolingCentral Air

Parking2 Attached Garage spaces

HOA$155 quarterly

Lot6,300 sqft

Property

Home typeSingle Family

Sub-typeSingle Family Residence

Year built1976

Stories1

Systems

HeatingElectric, Forced Air

CoolingCentral Air

RoofComposition

ConstructionFiber Cement, Lap Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingAttached

Garage2 spaces

FencingFenced

Lot6,300 sqft

Location & Tax

NeighborhoodSouth Gateway

ZoningRS

Annual tax$3,346

Parcel580452

Bathrooms & Fees

Full baths1

HOA$52/mo

Features & details

13 categories of property features

Interior Features

Interior

Other(Refer to Remarks)

Workshop

Appliances

Dishwasher

Disposal

Electric Range

Microwave

Range Included

Electric Water Heater

Flooring

Carpet

Laminate

Heating

Electric

Forced Air

Cooling

Central Air

Accessibility

Handicap Amenities - See Remarks

Exterior Features

Exterior

Blue

Parking

Attached

Construction

Fiber Cement

Lap Siding

Patio & Porch

Deck

Patio

Lot Features

Dimension Above

Landscaped

Utilities

Water Connected

Other Structures

RV/Boat Storage

Room details

6 rooms detailed

Master Bedroom

Main

11.1×10.7 ft118.77 sqft

Bedroom2

Main

Bedroom3

Main

11.11×9.11 ft101.212 sqft

Dining Room

Main

10.8×10.4 ft112.32 sqft

Area (Combination)

Kitchen

Main

8.2×8 ft65.6 sqft

Living Room

Main

16.11×16.1 ft259.371 sqft

Listing insights

Market data and value estimates

StatusSold

Days on market741

Est. value$386,600

Est. rent$2,108/mo

Tax rate0.81%

Price/sqft$322

On marketFeb 6, 2024

PostedFeb 6, 2024

Last sold$360,000

MLS updatedMar 15, 2024

Tour days6

Views1

How are the schools in Salem?

3 schools rated nearby

2

Battle Creek Elementary School

Elementary • Public • K-5

0.9 mi

5

Judson Middle School

Middle • Public • 6-8

1.1 mi

6

Sprague High School

High • Public • 9-12

2.3 mi

Location

Salem, OR, 97306

Price history

17 events

DateEventPrice$/sqftSource

Mar 15, 2024Sold$360,000$322WVMLS

Jan 30, 2024Pending Sale$360,000$322RMLS (OR)

Jan 29, 2024Price Change$355,000$318RMLS (OR)

Jan 24, 2024Listed For Sale$360,000$322WVMLS

Sep 7, 2020Listing Removed$295,000$264LAURA GAIL GWYN PROPERTIES

Aug 25, 2020Listed For Sale$295,000$264LAURA GAIL GWYN PROPERTIES

Jul 21, 2016Sold$195,000$174RMLS (OR)

Jul 13, 2016Listed For Sale$185,000$165RE/MAX INTEGRITY - SALEM

Jul 13, 2016Pending Sale$185,000$165RE/MAX INTEGRITY - SALEM

Jul 12, 2016Listed For Sale$185,000$165RE/MAX INTEGRITY - SALEM

Jul 12, 2016Pending Sale$185,000$165RE/MAX INTEGRITY - SALEM

Jun 3, 2016Listed For Sale$185,000$165Owner

Jun 3, 2016Pending Sale$185,000$165Owner

Jun 2, 2016Price Change$185,000$165Owner

May 23, 2016Price Change$189,999$170Owner

May 15, 2016Listed For Sale$199,000$178Owner

Jun 29, 2004Sold$113,500$102Public Record

Sold$360,000

Mar 15, 2024•$322/sqft•WVMLS

Pending Sale$360,000

Jan 30, 2024•$322/sqft•RMLS (OR)

Price Change$355,000

Jan 29, 2024•$318/sqft•RMLS (OR)

Listed For Sale$360,000

Jan 24, 2024•$322/sqft•WVMLS

Listing Removed$295,000

Sep 7, 2020•$264/sqft•LAURA GAIL GWYN PROPERTIES

Listed For Sale$295,000

Aug 25, 2020•$264/sqft•LAURA GAIL GWYN PROPERTIES

Sold$195,000

Jul 21, 2016•$174/sqft•RMLS (OR)

Listed For Sale$185,000

Jul 13, 2016•$165/sqft•RE/MAX INTEGRITY - SALEM

Pending Sale$185,000

Jul 13, 2016•$165/sqft•RE/MAX INTEGRITY - SALEM

Listed For Sale$185,000

Jul 12, 2016•$165/sqft•RE/MAX INTEGRITY - SALEM

Pending Sale$185,000

Jul 12, 2016•$165/sqft•RE/MAX INTEGRITY - SALEM

Listed For Sale$185,000

Jun 3, 2016•$165/sqft•Owner

Pending Sale$185,000

Jun 3, 2016•$165/sqft•Owner

Price Change$185,000

Jun 2, 2016•$165/sqft•Owner

Price Change$189,999

May 23, 2016•$170/sqft•Owner

Listed For Sale$199,000

May 15, 2016•$178/sqft•Owner

Sold$113,500

Jun 29, 2004•$102/sqft•Public Record

Tax history

26 years of records

YearTax paidAssessed value

Mar 27, 2025$3,715$180,840

Mar 27, 2024$3,447$175,580

Mar 27, 2023$3,346$165,510

Mar 27, 2022$3,252$165,510

Mar 27, 2021$3,159$160,690

Mar 27, 2020$3,067$151,470

Mar 27, 2019$2,959—

Mar 27, 2018$2,921—

Mar 27, 2017$2,921—

Mar 27, 2016$2,512—

Mar 27, 2015$2,512—

Mar 27, 2014$2,531—

Mar 27, 2013$2,386—

Mar 27, 2012$2,386—

Mar 27, 2011$2,307$123,190

Mar 27, 2010$2,213$116,130

Mar 27, 2009$2,189$116,130

Mar 27, 2008$2,065$112,750

Mar 27, 2007$2,000—

Mar 27, 2006$1,967—

Mar 27, 2005$1,928—

Mar 27, 2004$1,937—

Mar 27, 2003$1,847—

Mar 27, 2002$1,802—

Mar 27, 2001$1,748—

Mar 27, 2000$1,694—

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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$386,600

Est. rent$2,108/mo

30yr rate est.6.43%

Affordability$2,213/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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5555 Shannon Ave SE, Salem, OR 97306 | SREG Property Finder