1664 Olympia Ct NW, Salem, OR, 97304
About This Home
MOTIVATED SELLER! Offering $5,000 credit toward buyer closing costs & prepaids! Rarely does a Salem home offer nearly 2,820 square feet of thoughtfully designed living space with five bedrooms, four bathrooms and a private lower-level retreat with kitchenette. Together, these features provide outstanding versatility for today's evolving lifestyles. Have you been searching for a home where everyone can enjoy space, privacy, and independence while still feeling connected? This exceptional three-level residence offers an attached two-car garage, tranquil outdoor spaces perfect for relaxing around the fire pit or entertaining, and a versatile floor plan that adapts as your needs change. The light-filled main level is designed for gathering and everyday living, featuring spacious living and dining areas that flow seamlessly into a well-appointed kitchen—creating an inviting space for entertaining, holidays, or quiet evenings at home.The second level offers the primary suite along with two additional bedrooms and full bathroom, providing a comfortable layout while maintaining privacy.What truly sets this home apart is the fully finished lower level with a second primary suite, guest bedroom, full bath, and spacious living area with fireplace and kitchenette. Whether you're welcoming extended family, accommodating adult children, hosting long-term guests, creating private space for a caregiver, or designing the ultimate home office, studio, or recreation area, this level provides exceptional flexibility for the way people live today.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2001
Materials
- Foundation: Continuous
- Roof: Composition
- Construction materials: Fiber Cement,Lap Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Gas Range,Microwave,Range Included,Gas Water Heater
- Laundry features: Lower Level
Bedroom2
- Level: Upper
- Area: 143
Bedroom3
- Level: Upper
- Area: 99.75
Bedroom4
- Level: Lower
- Area: 168.75
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Features: Area (Combination),Formal
- Level: Main
- Area: 155.25
Family Room
- Level: Main
- Area: 240.25
Features
- Breakfast Room/Nook,High Speed Internet,Smart Home
- Flooring: Carpet,Laminate
- Fireplace features: Family Room,Gas,Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,819
- Total interior livable area: 2,819 sqft
Kitchen
- Level: Main
- Area: 185
Living Room
- Level: Main
- Area: 259
Master Bedroom
- Level: Upper
- Area: 224
Property
Details
- Parcel number: 563048
- Zoning: RS
Features
- Levels: Tri-Level
- Patio & porch: Covered Deck
- Exterior features: Green
- Has view: Yes
- View description: Territorial
Lot
- Lot size: 9,890 sqft
- Features: Cul-De-Sac
- Lot size dimensions: 117 x 84
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
- Earthquake
- Heat Wave
- Inland Flooding
- Ice Storm
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Polk County and Oregon
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,155 | $37,860 |
| Home Insurance * | $167 | $2,004 |
| Property Taxes | $1,031 | $12,372 |
| Electricity | $255 | $3,069 |
| Total | $4,608 | $55,296 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $619,900 |
| 2026-07-25 | Price change | $624,000 |
| 2026-06-15 | Listed for sale | $639,000 |
| 2020-03-27 | Sold | $465,000 |
| 2020-01-31 | Price change | $465,000 |
| 2020-01-17 | Listed for sale | $475,000 |
View on Zillow