See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

948 Laurel Pl, Silverton, OR, 97381

3beds
3baths
1,544sqft
$535,900
$347price/sqft
$3,754/moest. monthly cost
$150,160/yrincome needed

About This Home

Beautiful one year-old 3 bedroom, 3 bathroom home loaded with upgrades in an up and coming neighborhood! Features include air conditioning, an extended patio perfect for entertaining, and high end window coverings throughout. Enjoy modern living with a functional layout and stylish finishes, all within walking distance to shopping, dining, parks and more. No HOA currently with HOA to begin once neighborhood development is complete. Move-in ready and better than new!

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

9/10
4/10
Silverton Middle SchoolGrades 6-80.9 mi
5/10
Silverton High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 2025

Materials

  • Foundation: Continuous

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Range Included

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2

Dining Room

  • Features: Area (Combination)

Features

  • Flooring: Carpet

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,544
  • Total interior livable area: 1,544 sqft

Property

Details

  • Parcel number: 606674

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered Patio
  • Fencing: Fenced

Lot

  • Lot size: 5,227 sqft
  • Features: Landscaped

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Lightning
Strong Wind

FEMA Declared Disasters in Marion County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $2,709$32,508
Home Insurance *$132$1,584
Property Taxes $737$8,844
Electricity $176$2,119
Total$3,754$45,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$128,708/yr
40% on housing$112,620/yr
45% on housing$100,106/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

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.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$347This listing

vs Other Active Listings

Avg $/sqft

ZIP 97381$271
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97381$295
Marion County$278

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)

Price History

DateEventPrice
2026-07-24Price change$535,900
2026-05-15Listed for sale$549,900
2025-03-11Sold$487,900
2025-02-17Pending sale$487,900
2024-06-27Listed for sale$487,900
2023-07-01Listing removed--
2023-01-31Price change$449,900
2022-08-18Listed for sale$479,900

For Sale by Agent

AgentHEATHER YATES
BrokerageHomesmart Realty Group

Similar Homes