Sold1007d on market

387 Mize Rd SE

Salem, OR, 97302 • Faye Wright • Marion County

$410,500

$308/sqft

3Beds

2Baths

1,332Sqft

0.21 acLot

1962Built

Property DNA

5 highlights

Territorial Views

Territorial

Liberty Gardens Annex #4

Faye Wright

Outdoor Living

Covered Patio

2-Car Garage

Attached

Wood Floors

Quality flooring throughout

This home is in high demand

Listed 1007 days ago · 5 views · Top 1% likely to sell soon

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Market activity

Demand and pricing signals for this listing

5 views

People checking out this listing

1007 days on market

Established listing

$308/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 score

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About this home

Single Family · Built 1962

In desirable south Salem area, just steps from Salem Swim & Racquet Club. Single level home with spacious living room includes wood burning fireplace, open kitchen/dining area with lots of storage and picture windows. Home has original wood floors, beautiful original doors and wood framed windows. Large backyard and lots of parking available. Kitchen, utility room and primary bath just remodeled.

Standout features identified

Our analysis highlights racquet club, single level home, and utility room as key attractions of this home.

Estimated monthly payment

Based on current rates

$2,607/month

Principal & Interest$2,060

Property Tax$411

Insurance$137

Down payment20% ($82,100)

3%50%

Est. 6.43% rate · 30yr fixed · $328,400 loan

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At a glance

Key facts and listing details

TypeSingle Family Residence

Year Built1962

HeatingElectric, Forced Air

Parking2 Attached Garage spaces

Lot9,257 sqft

Property

Home typeSingle Family

Sub-typeSingle Family Residence

Year built1962

Stories1

Systems

HeatingElectric, Forced Air

RoofComposition

ConstructionAluminum Siding, Lap Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingAttached

Garage2 spaces

Lot9,257 sqft

Location & Tax

NeighborhoodFaye Wright

ZoningRS

Annual tax$3,742

Parcel581407

Bathrooms & Fees

Full baths2

Features & details

11 categories of property features

Interior Features

Appliances

Dishwasher

Disposal

Electric Range

Range Included

Electric Water Heater

Flooring

Laminate

Wood

Heating

Electric

Forced Air

Laundry

Main Level

Fireplace

Living Room

Wood Burning

Exterior Features

Exterior

White

Parking

Attached

Construction

Aluminum Siding

Lap Siding

Patio & Porch

Covered Patio

Lot Features

Dimension Above

Landscaped

Views

Territorial

Room details

6 rooms detailed

Master Bedroom

Main

11.1×10.11 ft112.221 sqft

Bedroom2

Main

10.2×9.1 ft92.82 sqft

Bedroom3

Main

11×11.2 ft123.2 sqft

Dining Room

Main

11.4×11.8 ft134.52 sqft

Area (Combination)

Kitchen

Main

8.6×9.1 ft78.26 sqft

Living Room

Main

23×13 ft299 sqft

Listing insights

Market data and value estimates

StatusSold

Days on market1007

Est. value$426,400

Est. rent$2,091/mo

Tax rate0.81%

Price/sqft$308

On marketFeb 14, 2024

PostedFeb 14, 2024

Last sold$410,500

MLS updatedMay 2, 2024

Tour days6

How are the schools in Salem?

3 schools rated nearby

Wright Elementary School

Elementary • Public • K-5

0.2 mi

Judson Middle School

Middle • Public • 6-8

0.4 mi

Sprague High School

High • Public • 9-12

1.5 mi

Location

Salem, OR, 97302

Expand map

Price history

4 events

DateEventPrice$/sqftSource

Jun 23, 2023Sold$410,500$308WVMLS

May 24, 2023Contingent$399,900$300WVMLS

May 24, 2023Pending Sale$399,900$300RMLS (OR)

May 18, 2023Listed For Sale$399,900$300RMLS (OR)

Sold$410,500

Jun 23, 2023•$308/sqft•WVMLS

Contingent$399,900

May 24, 2023•$300/sqft•WVMLS

Pending Sale$399,900

May 24, 2023•$300/sqft•RMLS (OR)

Listed For Sale$399,900

May 18, 2023•$300/sqft•RMLS (OR)

Tax history

26 years of records

YearTax paidAssessed value

Mar 27, 2025$4,188$203,830

Mar 27, 2024$3,886$197,900

Mar 27, 2023$3,572$176,710

Mar 27, 2022$3,472$176,710

Mar 27, 2021$3,373$171,570

Mar 27, 2020$3,275$161,730

Mar 27, 2019$3,160—

Mar 27, 2018$3,119—

Mar 27, 2017$3,119—

Mar 27, 2016$2,682—

Mar 27, 2015$2,682—

Mar 27, 2014$2,615—

Mar 27, 2013$2,498—

Mar 27, 2012$2,498—

Mar 27, 2011$2,391$127,690

Mar 27, 2010$2,294$120,370

Mar 27, 2009$2,268$120,370

Mar 27, 2008$2,140$116,870

Mar 27, 2007$2,073—

Mar 27, 2006$2,039—

Mar 27, 2005$1,998—

Mar 27, 2004$2,007—

Mar 27, 2003$1,914—

Mar 27, 2002$1,868—

Mar 27, 2001$1,812—

Mar 27, 2000$1,756—

Nearby homes

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Off Market

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Off Market

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Off Market

$424,500

3 bd2 ba1,289 sqft

357 Mize Rd SE, Salem, OR

Off Market

$381,100

3 bd1.5 ba1,266 sqft

4265 Lone Oak Rd SE, Salem, OR

Off Market

$420,800

3 bd2 ba1,656 sqft

366 Friendship Ave 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$426,400

Est. rent$2,091/mo

30yr rate est.6.43%

Affordability$2,436/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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