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4490 Center St NE, Salem, OR, 97301

2beds
1baths
1,296sqft
$322,000
$248price/sqft
$2,353/moest. monthly cost
$94,120/yrincome needed

About This Home

FIRST TIME HOME BUYERS AND INVESTORS! This move in ready 2 bedroom, 1 bath home has been completely remodeled top to bottom! Enjoy modern finishes throughout plus a versatile bonus room that's perfect for a home office or playroom. Situated on a spacious, fully fenced lot offering privacy and room to grow, garden, or entertain. This turnkey property blends comfort and functionality in a prime location. Don't miss this rare opportunity! Schedule your showing today before it's gone! BOM due to finance fail.

Getting Around

63
WalkingSomewhat Walkable
37
TransitSome Transit
65
BikeBikeable

Schools

2/10
Auburn Elementary SchoolGrades K-50.3 mi
1/10
Houck Middle SchoolGrades 6-81.6 mi
4/10
North Salem High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1952

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Fiber Cement

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Range,Range Included,Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Features: Area (Combination)

Features

  • Den
  • Flooring: Carpet,Vinyl

Heating

  • Heating features: Wall Furnace,Ductless/Mini-Split

Interior Area

  • Total structure area: 1,296
  • Total interior livable area: 1,296 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 331760
  • Zoning: RS

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Blue
  • Fencing: Fenced
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 4,356 sqft

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
    EarthquakeVery High
  • 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 $1,628$19,536
Home Insurance *$88$1,056
Property Taxes $461$5,532
Electricity $176$2,119
Total$2,353$28,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$80,674/yr
40% on housing$70,590/yr
45% on housing$62,746/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

$248This listing

vs Other Active Listings

Avg $/sqft

ZIP 97301$184
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)

Price History

DateEventPrice
2026-07-29Price change$322,000
2026-07-15Listed for sale$327,000
2026-07-04Pending sale$327,000
2026-07-04Contingent$327,000
2026-07-02Listed for sale$327,000
2002-12-10Sold$76,900
2002-09-13Sold$94,000

For Sale by Agent

AgentCHRISTY CORDOVA
BrokerageSimplihom

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