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497 Dudley Ave SE, Salem, OR, 97302

5beds
3baths
2,610sqft
$519,900
$199price/sqft
$3,883/moest. monthly cost
$155,320/yrincome needed

About This Home

This beauty is a steal being priced below market value. Don't miss out before this deal gets scooped up by someone else! 5 Bedrooms in South Salem—Finally, a Home That Fits Real Life If you’ve been searching for more space and keep coming up short, this is the one worth seeing.497 Dudley Ave SE offers a rare 5 bed, 3 bath layout with over 2,600 sq ft on a corner lot—giving you the flexibility most homes just don’t have. Whether you need room for multi-generational living, separate work-from-home spaces, or just want everyone to finally have their own space, this layout delivers.The lower level has its own entrance, multiple rooms, and flexible living space—ideal for guests, extended living, or potential dual living setup. Upstairs, the kitchen is built for real life with double ovens, an induction cooktop, and plenty of space to gather.Natural light fills both levels, and with two fireplaces, a large deck for sunset evenings, and nearby parks within walking distance, this home balances space with comfort.Recently replaced water heater. An AC to keep things cool in the summer. A big corner lot with lots of landscaping options!Homes with this much space and flexibility in South Salem don’t come around often—and buyers looking for this setup know how hard it is to find.If you’ve been waiting for something that actually fits your needs, this is worth a look.

Getting Around

25
WalkingCar-Dependent
30
TransitSome Transit
52
BikeBikeable

Schools

4/10
Wright Elementary SchoolGrades K-50.8 mi
5/10
Judson Middle SchoolGrades 6-80.4 mi
6/10
Sprague High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1976

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Lap Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Built-In Range,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished

Bedroom2

  • Level: Upper
  • Area: 168

Bedroom3

  • Level: Upper
  • Area: 117

Bedroom4

  • Level: Lower
  • Area: 99

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: Formal
  • Level: Upper
  • Area: 150

Family Room

  • Level: Lower
  • Area: 225

Features

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

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,610
  • Total interior livable area: 2,610 sqft

Kitchen

  • Level: Upper
  • Area: 156

Living Room

  • Level: Upper
  • Area: 324

Master Bedroom

  • Level: Upper
  • Area: 224

Property

Details

  • Parcel number: 593992
  • Exclusions: Attached shelves in dining room

Features

  • Levels: Split Entry
  • Patio & porch: Deck
  • Fencing: Fenced

Lot

  • Lot size: 8,190 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached
  • 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
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Earthquake
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 $2,628$31,536
Home Insurance *$123$1,476
Property Taxes $896$10,752
Electricity $236$2,842
Total$3,883$46,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$133,131/yr
40% on housing$116,490/yr
45% on housing$103,546/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

$199This 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
2026-04-23Price change$567,800
2026-04-01Listed for sale$589,900
2022-04-27Sold$520,000
2022-04-14Pending sale$499,000
2022-04-14Contingent$499,000
2022-04-08Listed for sale$499,000
2016-06-27Sold$290,500
2016-04-02Listed for sale$314,900
2008-10-22Sold$250,000
2008-07-02Listing removed$259,900
2008-06-05Price change$259,900
2008-05-29Listed for sale$279,900
2006-05-30Sold$287,000

For Sale by Agent

AgentHEATHER MOTT
BrokerageSimplihom

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