For Sale77d on market

4001 12th St Cut Off SE APT 31

Salem, OR, 97302 • Morningside • Marion County

$257,900

$253/sqft

-$2,000 since Mar 24, 2026

Down payment assistance available

2Beds

2Baths

1,018Sqft

0.01 acLot

1991Built

Property DNA

4 highlights

Waterfront Property

Waterfront

Brookside Garden Townhome

Morningside

Outdoor Living

Deck

1-Car Garage

Detached

This home is getting attention

Listed 77 days ago · 1,007 views · 27 saves

Market activity

Demand and pricing signals for this listing

1,007 views

People checking out this listing

27 saves

Buyers have saved this home

77 days on market

Established listing

$253/sqft

Price per square foot

Selling Soon Prediction

Moderate

This home ranks in the top 50% 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

Condo · Built 1991

LOVELY UPDATED CONDO! Beautiful updated condo in gated community in desirable South Salem. 2 Bedroom, 1.5 Baths. Enjoy the park-like setting and soothing creek sounds. Great end unit with a deck overlooking the creek. Freshly painted & new carpet in the great room, a beautiful gas fireplace that puts out a lot of heat. Both a garage & a carport! New Gas Stove, New Water Heater! Washer & Dryer included. New roof and repairs are in process. OPEN HOUSE Saturday March 29, 11:00 - 1:00 - Sweet Treats! Text or Call Julie Boeder 503-756-6698 for showings & questions. The HOA Fee covers landscaping, water, exterior maintenance, flood & exterior insurance, sewer, garbage.

Standout features identified

Our analysis highlights beautiful gas fireplace, freshly painted, and park-like setting as key attractions of this home.

Estimated monthly payment

Based on current rates

$2,010/month

Principal & Interest$1,294

Property Tax$258

Insurance$86

HOA$372

Down payment20% ($51,580)

3%50%

Est. 6.43% rate · 30yr fixed · $206,320 loan

Full calculator →

At a glance

Key facts and listing details

TypeCondominium

Year Built1991

HeatingNatural Gas, Electric, Hot Water, Zoned

Parking1 Garage space

HOA$372 monthly

Days on Zillow77 Days

Price/sqft$253

Property

Home typeCondo

Sub-typeCondominium

Year built1991

Stories2

Systems

HeatingNatural Gas, Electric, Hot Water, Zoned

RoofComposition

ConstructionVinyl Siding, Lap Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingDetached

Garage1 spaces

Lot435.60 sqft

Location & Tax

NeighborhoodMorningside

ZoningRM2

Annual tax$3,107

ParcelR340402

Bathrooms & Fees

Full baths1

HOA$372/mo

Features & details

11 categories of property features

Interior Features

Interior

High Speed Internet

Appliances

Dishwasher

Disposal

Gas Range

Range Included

Gas Water Heater

Flooring

Carpet

Laminate

Heating

Natural Gas

Electric

Hot Water

Zoned

Laundry

Main Level

Fireplace

Living Room

Gas

Exterior Features

Exterior

Beige

Parking

Detached

Construction

Vinyl Siding

Lap Siding

Patio & Porch

Deck

Lot Features

Common Area

Landscaped

Room details

5 rooms detailed

Master Bedroom

Upper

Bedroom2

Upper

Dining Room

Main

Area (Combination)

Kitchen

Main

Living Room

Main

Listing insights

Market data and value estimates

StatusFor Sale

Days on market77

Est. value$257,000

Est. rent$1,795/mo

Tax rate0.81%

Price/sqft$253

On marketJan 8, 2026

PostedJan 8, 2026

MLS updatedMar 24, 2026

Tour days9

Favorites27

How are the schools in Salem?

3 schools rated nearby

Morningside Elementary School

Elementary • Public • K-5

0.5 mi

Leslie Middle School

Middle • Public • 6-8

0.5 mi

South Salem High School

High • Public • 9-12

1.7 mi

Location

Salem, OR, 97302

Expand map

Price history

5 events

DateEventPrice$/sqftSource

Mar 24, 2026Price Change$257,900$253WVMLS

Mar 18, 2026Listed For Sale$259,900$255WVMLS

Mar 7, 2026Contingent$259,900$255WVMLS

Feb 5, 2026Price Change$259,900$255WVMLS

Jan 8, 2026Listed For Sale$265,900$261WVMLS

Price Change$257,900

Mar 24, 2026•$253/sqft•WVMLS

Listed For Sale$259,900

Mar 18, 2026•$255/sqft•WVMLS

Contingent$259,900

Mar 7, 2026•$255/sqft•WVMLS

Price Change$259,900

Feb 5, 2026•$255/sqft•WVMLS

Listed For Sale$265,900

Jan 8, 2026•$261/sqft•WVMLS

Tax history

9 years of records

YearTax paidAssessed value

Mar 27, 2015$1,981$108,470

Mar 27, 2014$1,921$106,390

Mar 27, 2013$1,942$106,390

Mar 27, 2012$1,902$103,970

Mar 27, 2011$2,340$124,980

Mar 27, 2010$2,245$121,340

Mar 27, 2009$2,220$117,810

Mar 27, 2008$2,095$114,380

Mar 27, 2007$1,283$70,250

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2 bd2 ba1,018 sqft

4001 12th Street Cuto SE #50, Salem, OR

4001 12th Street Cutoff SE #36, Salem, OR

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4001 12th Street Cutoff SE #36, Salem, OR

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4001 12th Street Cutoff SE #39, Salem, OR

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4001 12th Street Cutoff SE #39, Salem, OR

4001 12th Street Cutoff SE #14, Salem, OR

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$260,300

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4001 12th Street Cutoff SE #14, Salem, OR

4001 12th Street Cutoff SE #34, Salem, OR

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4001 12th Street Cutoff SE #34, Salem, OR

Off Market

$313,900

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4001 12th Street Cuto SE #17, 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$257,000

Est. rent$1,795/mo

30yr rate est.6.43%

Affordability$1,954/mo

Accepted financing

VA LoanCashODVAConventional

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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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