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5042 Wasco Ct NE, Salem, OR, 97305

3beds
2baths
2,132sqft
$647,900
$304price/sqft
$4,738/moest. monthly cost
$189,520/yrincome needed

About This Home

EXCEPTIONAL HOME! Located on a corner lot cul-de-sac, offer's Extreme Vaulted Ceilings & Naturally Bright, Open Dining & Living area, Open family Room, Open Loft area includes sink & retractable movie screen! Quality Chef's Kitchen, 3rd bdrm/office, Main bdrm is Extremely large w/Dramatic Vaulted Ceiling! Private Backyard could be an AMAZING RETREAT for Entertaining or Relaxing! Lrg. insulated 2 Rm SHOP W/ roll up door/street access & 240 pwr, water, Lrg. Green House Gazebo & Hot tub! WELCOME HOME!!

Getting Around

10
WalkingCar-Dependent
17
TransitMinimal Transit
48
BikeSomewhat Bikeable

Schools

3/10
2/10
Stephens Middle SchoolGrades 6-80.5 mi
2/10
McKay High SchoolGrades 9-122.9 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2001

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Lap Siding,Wood Composite

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Range,Disposal,Gas Appliances,Microwave,Stainless Steel Appliance(s)

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main

Family Room

  • Level: Upper

Features

  • Ceiling Fan(s),Vaulted Ceiling(s)
  • Flooring: Laminate
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,132
  • Total interior livable area: 2,132 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 327123

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered Deck,Covered Patio,Porch
  • Has spa: Yes
  • Spa features: Free Standing Hot Tub
  • Fencing: Fenced

Lot

  • Lot size: 7,405 sqft
  • Features: Corner Lot,Cul-De-Sac,SqFt 7000 to 9999

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 WaveRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Lightning
Strong Wind
Winter Weather

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 $3,276$39,312
Home Insurance *$157$1,884
Property Taxes $1,112$13,344
Electricity $193$2,321
Total$4,738$56,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$162,445/yr
40% on housing$142,140/yr
45% on housing$126,346/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

$304This listing

vs Other Active Listings

Avg $/sqft

ZIP 97305$198
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97305$273
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
2026-06-18Listed for sale$647,900
2002-01-29Sold$188,900

For Sale by Agent

AgentCatherina Knowland
BrokerageColdwell Banker Mountain West

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