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5265 Snowflake St SE, Salem, OR, 97306

4beds
3baths
2,598sqft
$550,000
$212price/sqft
$4,100/moest. monthly cost
$164,000/yrincome needed

About This Home

Move-in ready 4 bed, 3 bath home with 2,598 sqft in South Salem, just 1.1 miles from Costco! This home features a flexible lower-level space with full bath and tall ceilings—perfect for a guest suite, 4th bedroom, or massive office. Upstairs offers an open layout and a beautiful kitchen with quartz countertops flowing into a spacious living area with gas fireplace. Mt. Hood and Mt. St. Helens views! Fresh paint, huge bedrooms, and low-maintenance living make this a must-see!

Getting Around

44
WalkingCar-Dependent
40
TransitSome Transit
44
BikeSomewhat Bikeable

Schools

4/10
5/10
Judson Middle SchoolGrades 6-81.3 mi
5/10
South Salem High SchoolGrades 9-123.1 mi

Construction

Condition

  • Year built: 2002

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,Electric Range,Gas Water Heater
  • Laundry features: Upper Level

Bedroom2

  • Level: Upper
  • Area: 210

Bedroom3

  • Level: Upper
  • Area: 196.5

Bedroom4

  • Level: Main
  • Area: 266.2

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1

Dining Room

  • Features: Area (Combination)
  • Level: Upper
  • Area: 226

Features

  • Flooring: Tile,Laminate
  • Fireplace features: Living Room,Gas
  • Fireplace: Yes

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 2,598
  • Total interior livable area: 2,598 sqft

Kitchen

  • Level: Upper
  • Area: 166.4

Living Room

  • Level: Upper
  • Area: 425

Master Bedroom

  • Level: Upper
  • Area: 208.79999999999998

Property

Details

  • Parcel number: 328282
  • Zoning: RS

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Blue
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 4,980 sqft
  • Features: Irregular Lot,Landscaped

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
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

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 $2,781$33,372
Home Insurance *$136$1,632
Property Taxes $948$11,376
Electricity $235$2,829
Total$4,100$49,200
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$140,571/yr
40% on housing$123,000/yr
45% on housing$109,333/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

$212This listing

vs Other Active Listings

Avg $/sqft

ZIP 97306$235
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97306$277
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
2026-04-23Listed for sale$575,000
2016-07-29Sold$220,000
2016-06-18Listed for sale$230,000
2001-05-02Sold$45,500

For Sale by Agent

AgentMICHAEL WRIGHT
BrokerageWindermere Heritage

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