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1839 Lexington Cir SE, Salem, OR, 97306

3beds
2baths
1,490sqft
$243,750
$164price/sqft
$1,888/moest. monthly cost
$75,520/yrincome needed

About This Home

Auction property, all inquiries directed through Xome website. This contemp/condo style offers 3 bedrooms and 2 bathrooms with approximately 1,490 square feet of living space on a .07 acre lot, and an attached 2-car garage. The foreclosure deed has been recorded, allowing for shorter closing timelines. The buyer has the right to select their own title and closing company or may use the sellers title and closing company. The buyer is responsible for all closing costs in this transaction. It is a criminal offense to trespass on this property. Unauthorized entry is strictly prohibited. This is a cash or cash equivalent purchase only with no inspection or financing contingencies The seller makes no representations or warranties, express or implied, regarding the condition of this property. Buyers are encouraged to conduct their own due diligence prior to submitting an offer

Getting Around

36
WalkingCar-Dependent
32
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

3/10
6/10
Judson Middle SchoolGrades 6-82.3 mi
6/10
Sprague High SchoolGrades 9-123.3 mi

Construction

Condition

  • Year built: 1971

Materials

  • Foundation: Other
  • Roof: Composition

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Flooring: Other
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 1,490
  • Total interior livable area: 1,490 sqft

Property

Details

  • Parcel number: 565789
  • Zoning description: RS
  • Special condition: Real Estate Owned

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 3,049 sqft

Parking

  • Total spaces: 2
  • Parking features: Other
  • 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

  • Heat Wave
    Heat WaveRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Earthquake
Inland Flooding
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 $1,232$14,784
Home Insurance *$60$720
Property Taxes $420$5,040
Electricity $176$2,119
Total$1,888$22,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,731/yr
40% on housing$56,640/yr
45% on housing$50,346/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

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 97306$236
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97306$277
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
2026-08-03Listing removed$250,000
2026-08-02Listed for sale$250,000
2026-07-27Sold$243,750
2026-05-30Listed for sale$310,000
2024-10-09Listing removed$279,000
2022-03-03Listing removed--
2021-10-05Sold$279,000
2021-08-20Contingent$279,000
2021-08-13Listed for sale$279,000

Unknown Listed By

AgentTim Myers
BrokerageRealty Services Team

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