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4342 McKay Dr S, Salem, OR, 97302

4beds
2baths
1,920sqft
$425,000
$221price/sqft
$3,158/moest. monthly cost
$126,320/yrincome needed

About This Home

New Roof Has Been Installed March 2026! Updated Bathrooms, New handrail to the downstairs has been installed for easy access.3 bedrooms up 1 bedroom down and possible office or workout room. Nice well established neighborhood near grocery store and restaurant's.

Getting Around

74
WalkingVery Walkable
26
TransitSome Transit
80
BikeVery Bikeable

Schools

3/10
Crossler Middle SchoolGrades 6-81.3 mi
6/10
Sprague High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Continuous
  • Roof: Shingle
  • Construction materials: Cedar,Shake Siding

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedroom4

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Dining Room

  • Features: Formal
  • Level: Main

Family Room

  • Level: Lower

Features

  • Flooring: Carpet,Wood
  • Fireplace features: Family Room,Living Room,Wood Burning
  • Fireplace: Yes

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 1,920
  • Total interior livable area: 1,920 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 593844
  • Zoning: RS

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: White
  • Fencing: Fenced

Lot

  • Lot size: 8,400 sqft
  • Features: Landscaped

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
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • 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 $2,149$25,788
Home Insurance *$101$1,212
Property Taxes $732$8,784
Electricity $176$2,119
Total$3,158$37,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,274/yr
40% on housing$94,740/yr
45% on housing$84,213/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

$221This listing

vs Other Active Listings

Avg $/sqft

ZIP 97302$237
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97302$247
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
2025-12-06Price change$425,000
2025-07-27Price change$430,000
2025-05-26Listed for sale$445,000
2022-04-22Sold$386,000
2022-03-24Pending sale$379,900
2022-03-24Contingent$379,900
2022-03-22Price change$379,900
2022-03-17Listed for sale$389,900

For Sale by Agent

AgentCHERYL RODRIGUEZ
BrokerageNorthwest Investor Realty

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