Off Market4759d on market

198 Olympic Ave SE

Salem, OR, 97306 • South Gateway • Marion County

$466,800

$250/sqft

3Beds

3Baths

1,870Sqft

0.16 acLot

1993Built

Property DNA

1 highlights

Territorial Views

Territorial

Market activity

Demand and pricing signals for this listing

1 views

People checking out this listing

4759 days on market

Established listing

$250/sqft

Price per square foot

About this home

Single Family · Built 1993

Great buy on this light & bright one owner home. Carpets new in late 2012. Open kitchen plan with center island. 2 dining areas, LR & FR. Nice view off balcony. Storage under house & above garage. Nice master suite!

Estimated monthly payment

Based on current rates

$2,965/month

Principal & Interest$2,342

Property Tax$467

Insurance$156

Down payment20% ($93,360)

3%50%

Est. 6.43% rate · 30yr fixed · $373,440 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingleFamily

Year Built1993

HeatingForced air, Gas

CoolingCentral

Parking2 Parking spaces

Lot6,969 sqft

Property

Home typeSingle Family

Year built1993

Systems

HeatingForced air, Gas

CoolingCentral

RoofOther

Parking & Outdoor

ParkingGarage - Attached

Lot6,969 sqft

Location & Tax

NeighborhoodSouth Gateway

Annual tax$5,669

Parcel580585

Features & details

6 categories of property features

Interior Features

Appliances

Dishwasher

Garbage disposal

Microwave

Range / Oven

Flooring

Carpet

Linoleum / Vinyl

Heating

Forced air

Gas

Cooling

Central

Exterior Features

Parking

Garage - Attached

Views

Territorial

Room details

3 rooms detailed

Breakfast Nook

Dining Room

Family Room

Listing insights

Market data and value estimates

StatusOff Market

Days on market4759

Est. value$466,800

Est. rent$2,658/mo

Tax rate0.81%

Price/sqft$250

Last sold$173,400

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

7 events

DateEventPrice$/sqftSource

Mar 15, 2013Sold$173,400$93Public Record

Jan 15, 2013Price Change$169,900$91Coldwell Banker Mountain West Real Estate, Inc.

Nov 28, 2012Price Change$175,900$94RENEGADE REALTY LLC

Nov 15, 2012Price Change$179,900$96RENEGADE REALTY LLC

Nov 14, 2012Price Change$199,000$106RENEGADE REALTY LLC

Oct 27, 2012Price Change$205,000$110RENEGADE REALTY LLC

Oct 24, 2012Listed For Sale$220,000$118RENEGADE REALTY LLC

Sold$173,400

Mar 15, 2013•$93/sqft•Public Record

Price Change$169,900

Jan 15, 2013•$91/sqft•Coldwell Banker Mountain West Real Estate, Inc.

Price Change$175,900

Nov 28, 2012•$94/sqft•RENEGADE REALTY LLC

Price Change$179,900

Nov 15, 2012•$96/sqft•RENEGADE REALTY LLC

Price Change$199,000

Nov 14, 2012•$106/sqft•RENEGADE REALTY LLC

Price Change$205,000

Oct 27, 2012•$110/sqft•RENEGADE REALTY LLC

Listed For Sale$220,000

Oct 24, 2012•$118/sqft•RENEGADE REALTY LLC

Tax history

26 years of records

YearTax paidAssessed value

Mar 27, 2025$5,669$275,950

Mar 27, 2024$5,260$267,920

Mar 27, 2023$5,105$252,550

Mar 27, 2022$4,963$252,550

Mar 27, 2021$4,821$245,200

Mar 27, 2020$4,680$231,130

Mar 27, 2019$4,516—

Mar 27, 2018$4,458—

Mar 27, 2017$4,458—

Mar 27, 2016$3,832—

Mar 27, 2015$3,832—

Mar 27, 2014$3,613—

Mar 27, 2013$3,286—

Mar 27, 2012$3,286—

Mar 27, 2011$3,492$193,590

Mar 27, 2010$3,508$184,050

Mar 27, 2009$3,469$184,050

Mar 27, 2008$3,272$178,690

Mar 27, 2007$3,169—

Mar 27, 2006$3,117—

Mar 27, 2005$3,055—

Mar 27, 2004$3,069—

Mar 27, 2003$2,900—

Mar 27, 2002$2,819—

Mar 27, 2001$2,757—

Mar 27, 2000$2,660—

Nearby homes

Off Market

$614,500

3 bd2.5 ba2,418 sqft

208 Olympic Ave SE, Salem, OR

Recently Sold

$462,000

3 bd2 ba1,762 sqft

188 Olympic Ave SE, Salem, OR

Off Market

$570,800

3 bd1.5 ba2,161 sqft

5437 Seeger Ln SE, Salem, OR

Off Market

$502,500

3 bd2 ba2,104 sqft

5427 Seeger Ln SE, Salem, OR

Off Market

$458,900

3 bd2.5 ba1,588 sqft

228 Olympic Ave SE, Salem, OR

Off Market

$489,600

3 bd3 ba1,412 sqft

178 Olympic Ave SE, Salem, OR

Off Market

$447,200

3 bd2 ba1,466 sqft

197 Olympic Ave SE, Salem, OR

Off Market

$495,400

4 bd2.5 ba1,279 sqft

5386 Athens 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

Similar homes

For Sale

$460,000

4 bd2 ba1,502 sqft

2253 Mosswood Ct S, Salem, OR

For Sale

$499,900

4 bd3 ba1,800 sqft

190 Kashmir St SE, Salem, OR

For Sale

$485,000

3 bd2 ba1,569 sqft

5053 Cindy Pl SE, Salem, OR

For Sale

$475,000

5 bd4 ba2,184 sqft

414 Boone Rd SE, Salem, OR

For Sale

$599,900

3 bd3 ba2,228 sqft

5342 Sparta Loop SE, Salem, OR

For Sale

$475,000

3 bd2 ba1,650 sqft

5703 Flairstone Dr SE, Salem, OR

For Sale

$414,900

3 bd2 ba1,134 sqft

5341 Fox Ct S, Salem, OR

For Sale

$439,900

3 bd3 ba1,315 sqft

5770 Valleywood Loop SE, Salem, OR

For Sale

$499,900

3 bd2 ba1,611 sqft

5847 Cobalt Loop SE, Salem, OR

For Sale

$550,000

3 bd3 ba2,149 sqft

5520 Crossler Meadow Loop SE, Salem, OR

For Sale

$499,900

3 bd2 ba1,990 sqft

5198 Skyline Rd S, Salem, OR

For Sale

$525,000

3 bd2 ba1,818 sqft

5635 Wigeon St SE, Salem, OR

For Sale

$495,000

3 bd3 ba1,911 sqft

1669 Abbie Ave SE, Salem, OR

For Sale

$445,000

3 bd3 ba1,588 sqft

2335 Maplewood Dr S, Salem, OR

For Sale

$477,900

3 bd3 ba1,763 sqft

5285 Anaconda Dr S, Salem, OR

For Sale

$399,900

3 bd2 ba1,032 sqft

5321 Fox Ct S, Salem, OR

For Sale

$505,000

4 bd3 ba1,926 sqft

5551 Crossler Meadow Loop SE, Salem, OR

For Sale

$510,000

3 bd3 ba2,078 sqft

5829 Montevallo St SE, Salem, OR

For Sale

$500,000

3 bd3 ba1,774 sqft

5648 Boundary Dr S, Salem, OR

For Sale

$534,000

4 bd3 ba2,228 sqft

5275 Parker Ct S, Salem, OR

Tour This Home

Pick a date

Preferred time

Mar 27, 2026

No obligation · Same-day confirmation · Takes 30 seconds

Need a different time? Request custom scheduling

Have a Question?

Get details on this property, the neighborhood, or the buying process.

Ask About This Property

We typically respond within a few hours

Download property brochure

Photos, details & neighborhood info in one PDF

Get brochure

Free · No sign-up required

Get pre-approved

Know your budget & strengthen your offer

Check eligibility

Value estimates

Live

Est. value$466,800

Est. rent$2,658/mo

30yr rate est.6.43%

Affordability$2,741/mo

Own a home nearby?

See what it's worth in today's market

Get estimate

Schedule Tour Ask

No obligation · Same-day response