4001 12th Street Cut Off SE APT 5, Salem, OR, 97302
About This Home
Updated South Salem Condo, live the easy life with no yard work. It is a quiet neighborhood close to great restaurants, entertainment, and a bus stop. updated kitchen with SS appliances, granite counters, gas fireplace, a shaded afternoon deck, and a sitting area next to the creek for your morning coffee in the sun. 2 nice-sized bedrooms plus an office. Laminate flooring downstairs, carpet up. Move-in ready. HOA pays W/S/G, landscape and exterior maintenance. New roof.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1991
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Lap Siding,Vinyl Siding
Type & Style
- Home type: Townhouse
- Property subType: Residential,Condominium,Townhouse
Interior
Appliances
- Appliances included: Dishwasher,Free-Standing Gas Range,Stainless Steel Appliance(s),Washer/Dryer,Gas Appliances,Free-Standing Range,Gas Water Heater
- Laundry features: Laundry Room
Basement
- Basement: Crawl Space
Bedroom2
- Level: Upper
- Area: 121
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Dining Room
- Level: Main
- Area: 99
Features
- Granite
- Window features: Vinyl Frames
- Flooring: Laminate
- Number of fireplaces: 1
- Fireplace features: Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Zoned,Fireplace(s)
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 1,158
- Total interior livable area: 1,158 sqft
Kitchen
- Features: Dishwasher, Gas Appliances,Free Standing Range
- Level: Main
- Area: 64
Living Room
- Features: Fireplace,Laminate Flooring
- Level: Main
- Area: 210
Master Bedroom
- Level: Upper
- Area: 156
Office
- Level: Upper
- Area: 81
Property
Details
- Parcel number: 340376
- Zoning: RM2
Features
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: Territorial
Lot
- Features: Level
Parking
- Total spaces: 1
- Parking features: Condo Garage (Attached),Attached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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 | $1,263 | $15,156 |
| Home Insurance * | $59 | $708 |
| Property Taxes | $172 | $2,064 |
| Electricity | $176 | $2,119 |
| Total | $1,670 | $20,040 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-16 | Listed for sale | $257,000 |
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