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1280 4th St NE, Salem, OR, 97301

5beds
2baths
1,974sqft
$389,900
$198price/sqft
$2,928/moest. monthly cost
$117,120/yrincome needed

About This Home

Ooh la la!!! Charming 1910 featuring a vintage front porch and original hardwood floors. This 5 bdrm 1.5 bth home offers 1,974 sq ft of living space with a thoughtfully remodeled kitchen offering SS appliances, updated cabinetry, LVP flooring, and a farmhouse sink. Basement space offers flexible use for storage and potential for finished spaces. Enjoy a fully fenced back yard, shop, covered deck and covered patio! Conveniently located near downtown blending classic character with modern updates.

Getting Around

87
WalkingVery Walkable
44
TransitSome Transit
94
BikeBiker's Paradise

Schools

6/10
Grant Community SchoolGrades K-50.3 mi
3/10
Parrish Middle SchoolGrades 6-80.6 mi
4/10
North Salem High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Wood Siding,Lap Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Features: Area (Combination)

Features

  • Mudroom,Walk-in Pantry
  • Flooring: Wood
  • Fireplace features: Living Room,Stove
  • Fireplace: Yes

Heating

  • Heating features: Natural Gas,Hot Water,Floor Furnace

Interior Area

  • Total structure area: 1,974
  • Total interior livable area: 1,974 sqft

Property

Details

  • Parcel number: 584358
  • Zoning: MU-I

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Fencing: Fenced
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 5,227 sqft
  • Features: Landscaped

Parking

  • Total spaces: 2
  • Parking features: Detached
  • 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
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
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 $1,971$23,652
Home Insurance *$106$1,272
Property Taxes $672$8,064
Electricity $179$2,149
Total$2,928$35,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,388/yr
40% on housing$87,840/yr
45% on housing$78,080/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

$198This listing

vs Other Active Listings

Avg $/sqft

ZIP 97301$183
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
2026-05-03Listed for sale$400,000
2026-04-23Pending sale$400,000
2026-04-23Contingent$400,000
2026-01-29Listed for sale$400,000
2021-10-20Sold$365,000
2021-10-01Pending sale$380,000
2021-09-09Listed for sale$380,000
2021-09-04Pending sale$380,000
2021-08-24Price change$380,000
2020-08-12Price change$285,000
2020-06-20Price change$304,500
2020-05-30Price change$308,500
2020-05-23Listed for sale$310,000
2018-11-05Listing removed$1,525
2018-11-04Listed for rent$1,525
2018-11-03Listing removed$265,000
2018-10-20Price change$265,000
2018-10-13Listed for sale$270,000
2015-10-08Sold$96,810
2015-08-29Price change$114,900
2015-08-21Price change$53,200
2015-08-17Price change$66,000
2015-08-15Price change$114,900
2015-08-10Price change$66,000
2015-08-07Listed for sale$135,600
2015-07-07Sold$163,041
2007-06-01Sold$136,000
2003-03-26Sold$145,000

For Sale by Agent

AgentAMY CLARK
BrokerageBrighthome Real Estate Group

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