3522 Balm St S, Salem, OR, 97302
About This Home
Better than new Timbercraft-built custom, designed to take advantage of views from this premium Laurel Crossing lot! Modern Northwest aesthetic with high-end upgrades throughout. Thoughtfully designed floor plan features both a luxe primary suite & private guest suite on the main level. The stunning kitchen opens to a vaulted great room with exposed beams, perfect for entertaining. Enjoy the show-stopping glass-enclosed walk-in wine cellar and built-in bar. Custom landscaped backyard w/tranquil waterfall!
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2021
Materials
- Foundation: Continuous
- Roof: Composition
- Construction materials: Fiber Cement,Lap Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Built-In Range,Gas Range,Gas Water Heater
- Laundry features: Main Level
Bedroom2
- Level: Main
Bedroom3
- Level: Upper
Bedroom4
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Dining Room
- Features: Area (Combination),Formal
- Level: Main
Family Room
- Level: Upper
Features
- Other(Refer to Remarks),High Speed Internet,Smart Home
- Flooring: Carpet,Tile
- Fireplace features: Gas,Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,539
- Total interior livable area: 3,539 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 359134
- Zoning: RS
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Patio
- Fencing: Partial
- Has view: Yes
- View description: Territorial
Lot
- Lot size: 8,373 sqft
- Features: Dimension Above,Landscaped
Parking
- Total spaces: 3
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Marion County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,688 | $68,256 |
| Home Insurance * | $267 | $3,204 |
| Property Taxes | $1,947 | $23,364 |
| Electricity | $321 | $3,854 |
| Total | $8,223 | $98,676 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Price change | $1,125,000 |
| 2025-10-11 | Price change | $1,150,000 |
| 2025-08-21 | Price change | $1,199,000 |
| 2025-07-11 | Listed for sale | $1,250,000 |
| 2023-02-09 | Sold | $1,154,477 |
| 2022-09-01 | Pending sale | $1,154,477 |
View on Zillow