Off Market14066d on market

197 Olympic Ave SE

Salem, OR, 97306 • South Gateway • Marion County

$447,200

$305/sqft

3Beds

2Baths

1,466Sqft

0.17 acLot

1987Built

Property DNA

1 highlights

Hardwood Floors

Quality flooring throughout

Market activity

Demand and pricing signals for this listing

4 views

People checking out this listing

14066 days on market

Established listing

$305/sqft

Price per square foot

About this home

Single Family · Built 1987

This 1466 square foot single family home has 3 bedrooms and 2.0 bathrooms. This home is located at 197 Olympic Ave SE, Salem, OR 97306.

Estimated monthly payment

Based on current rates

$2,840/month

Principal & Interest$2,244

Property Tax$447

Insurance$149

Down payment20% ($89,440)

3%50%

Est. 6.43% rate · 30yr fixed · $357,760 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingleFamily

Year Built1987

HeatingForced air, Gas, Wood / Pellet

CoolingCentral

ParkingGarage - Attached

Lot7,405 sqft

Property

Home typeSingle Family

Year built1987

Systems

HeatingForced air, Gas, Wood / Pellet

CoolingCentral

RoofComposition

Parking & Outdoor

ParkingGarage - Attached

Lot7,405 sqft

Location & Tax

NeighborhoodSouth Gateway

Annual tax$5,049

Parcel580562

Features & details

6 categories of property features

Interior Features

Appliances

Dishwasher

Garbage disposal

Range / Oven

Flooring

Hardwood

Heating

Forced air

Gas

Wood / Pellet

Cooling

Central

Exterior Features

Exterior

Vinyl

Parking

Garage - Attached

Room details

6 rooms detailed

Walk In Closet

Dining Room

Family Room

Laundry Room

Master Bath

Mud Room

Listing insights

Market data and value estimates

StatusOff Market

Days on market14066

Est. value$447,200

Est. rent$2,432/mo

Tax rate0.81%

Price/sqft$305

Last sold$7,900

Tour days6

How are the schools in Salem?

3 schools rated nearby

Liberty Elementary School

Elementary • Public • K-5

0.7 mi

Crossler Middle School

Middle • Public • 6-8

0.4 mi

Sprague High School

High • Public • 9-12

1.2 mi

Location

Salem, OR, 97306

Expand map

Price history

1 event

DateEventPrice$/sqftSource

Sep 21, 1987Sold$7,900$5Agent Provided

Sold$7,900

Sep 21, 1987•$5/sqft•Agent Provided

Tax history

26 years of records

YearTax paidAssessed value

Mar 27, 2025$5,049$245,750

Mar 27, 2024$4,685$238,600

Mar 27, 2023$4,547$224,920

Mar 27, 2022$4,420$224,920

Mar 27, 2021$4,293$218,370

Mar 27, 2020$4,168$205,840

Mar 27, 2019$4,022—

Mar 27, 2018$3,970—

Mar 27, 2017$3,970—

Mar 27, 2016$3,413—

Mar 27, 2015$3,413—

Mar 27, 2014$3,313—

Mar 27, 2013$3,066—

Mar 27, 2012$3,066—

Mar 27, 2011$3,219$172,410

Mar 27, 2010$3,097$162,520

Mar 27, 2009$3,063$162,520

Mar 27, 2008$2,890$157,790

Mar 27, 2007$2,798—

Mar 27, 2006$2,753—

Mar 27, 2005$2,698—

Mar 27, 2004$2,710—

Mar 27, 2003$2,584—

Mar 27, 2002$2,522—

Mar 27, 2001$2,446—

Mar 27, 2000$2,360—

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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$447,200

Est. rent$2,432/mo

30yr rate est.6.43%

Affordability$2,626/mo

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