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2355 Hyde St SE, Salem, OR, 97301

2beds
1baths
872sqft
$318,900
$366price/sqft
$2,424/moest. monthly cost
$96,960/yrincome needed

About This Home

This charming small home has been lovingly maintained, offering both comfort & character for its next owner. Featuring brand new electric & plumbing systems, it's move-in ready; ideal for those seeking a starter home or looking to downsize w/o sacrificing quality. Bonus room provides extra versatility, perfect for a cozy office space or a sunlit haven for plant enthusiasts. Priced attractively, this well-cared-for residence is a rare find that blends modern updates w/timeless appeal. If you're searching for a home that combines comfort, quality, and affordability, you should definitely take a look at this property. The brand new electric and plumbing systems mean you can enjoy peace of mind and move in without any hassle. Its inviting bonus room adds flexibility, whether you need a personal office, a creative nook, or a space to nurture your favorite plants. This charming and well-maintained residence stands out as an exceptional opportunity for both first-time buyers and those hoping to downsize.The home may have a small yard, but it is designed to be both pet and companion friendly. Its compact size makes it easier to supervise children and pets, ensuring a safer and more secure environment for play. Easy-to-maintain landscaping means less time spent on upkeep, allowing you to enjoy your outdoor space without the hassle of constant gardening or lawn care.Additionally, having a covered area to sit provides a comfortable spot for relaxation or socializing, regardless of the weather. This setup encourages more frequent use of the yard while offering shade and protection from the elements, making it an inviting extension of your home.

Getting Around

60
WalkingSomewhat Walkable
34
TransitSome Transit
83
BikeVery Bikeable

Schools

5/10
5/10
Leslie Middle SchoolGrades 6-81.9 mi
5/10
South Salem High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Continuous
  • Roof: Shingle
  • Construction materials: Wood Siding,Lap Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Range,Range Included,Electric Water Heater

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

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

Dining Room

  • Features: Area (Combination)

Features

  • Flooring: Carpet,Tile,Vinyl

Heating

  • Heating features: Wall Furnace

Interior Area

  • Total structure area: 872
  • Total interior livable area: 872 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 567281
  • Zoning: RS

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered Patio
  • Fencing: Fenced

Lot

  • Lot size: 3,920 sqft
  • Features: Landscaped

Parking

  • Total spaces: 1
  • Parking features: Detached
  • 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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
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 $1,612$19,344
Home Insurance *$87$1,044
Property Taxes $549$6,588
Electricity $176$2,119
Total$2,424$29,088
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,108/yr
40% on housing$72,720/yr
45% on housing$64,640/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

$366This listing

vs Other Active Listings

Avg $/sqft

ZIP 97301$184
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97301$269
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
2026-05-14Price change$329,900
2026-04-29Price change$334,900
2026-04-18Price change$338,000
2026-04-07Price change$341,400
2026-03-25Price change$343,900
2026-03-18Price change$344,900
2026-03-04Listed for sale$348,000
2024-04-05Sold$310,000
2024-03-10Pending sale$299,000
2024-03-09Listed for sale$299,000
2018-09-01Listing removed$179,000
2018-09-01Listed for sale$179,000
2018-08-17Sold$185,000
2018-08-01Pending sale$179,000
2018-07-16Listed for sale$179,000

For Sale by Agent

AgentANGELA CAMBERN
BrokerageCambern Homes Llc

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