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963 Vinyard Ave NE, Salem, OR, 97301

3beds
1baths
1,120sqft
$340,000
$304price/sqft
$2,574/moest. monthly cost
$102,960/yrincome needed

About This Home

Step into this beautifully updated Salem home featuring airy vaulted ceilings that fill the living space with natural light. Every detail has been refreshed and upgraded, including a new HVAC system and electrical panel for comfort and peace of mind. Located minutes away from Willamette Town Center where shopping, dining, and entertainment await — this home is the ideal blend of comfort, style, and value. Come see it for yourself! • NEW kitchen stainless steel sink with garbage disposal• NEW GE range• NEW kitchen cabinets and counters• NEW LVP floors throughout• NEW custom tiled bathroom with NEW tub, sink, toilet, and fixturesOutside, enjoy one of the property’s standout features — a large, fully fenced backyard with plenty of space to garden, entertain, or simply unwind!**one or more of the photos have been virtually staged**

Getting Around

57
WalkingSomewhat Walkable
42
TransitSome Transit
81
BikeVery Bikeable

Schools

6/10
Hoover Elementary SchoolGrades K-50.1 mi
3/10
Parrish Middle SchoolGrades 6-81.4 mi
5/10
South Salem High SchoolGrades 9-122.6 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Continuous
  • Roof: Composition,Shingle

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Range,Gas Water Heater
  • Laundry features: Main Level

Bedroom2

  • Level: Main
  • Area: 120

Bedroom3

  • Level: Main
  • Area: 117

Bedrooms & Bathrooms

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

Dining Room

  • Features: Area (Combination)
  • Level: Main
  • Area: 99

Features

  • High Speed Internet

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 1,120
  • Total interior livable area: 1,120 sqft

Kitchen

  • Level: Main
  • Area: 88

Living Room

  • Level: Main
  • Area: 182

Master Bedroom

  • Level: Main
  • Area: 156

Property

Details

  • Parcel number: 570806
  • Zoning: RS

Features

  • Levels: One
  • Stories: 1
  • Exterior features: White
  • Fencing: Fenced

Lot

  • Lot size: 8,712 sqft
  • Features: Landscaped
  • Lot size dimensions: 143 x 60

Parking

  • Total spaces: 1
  • Parking features: 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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Lightning
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 $1,719$20,628
Home Insurance *$93$1,116
Property Taxes $586$7,032
Electricity $176$2,119
Total$2,574$30,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,251/yr
40% on housing$77,220/yr
45% on housing$68,640/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

$304This listing

vs Other Active Listings

Avg $/sqft

ZIP 97301$183
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)

No zestimate history available

Price History

DateEventPrice
2026-04-30Price change$375,000
2026-04-06Listed for sale$385,000
2026-03-23Contingent$395,000
2026-02-21Price change$395,000
2026-01-14Price change$399,000
2025-12-16Listed for sale$410,000
2025-08-27Sold$305,000
2025-08-07Pending sale$350,000
2025-07-20Listed for sale$350,000
2025-07-16Pending sale$350,000
2025-06-19Listed for sale$350,000
2024-09-16Listing removed$245,000
2022-03-03Listing removed--
2021-09-22Sold$250,000
2021-05-25Contingent$245,000
2021-05-20Listed for sale$245,000

For Sale by Agent

AgentOLGA SHIPPS, Works Real Estate
BrokerageWorks Real Estate

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