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4603 Chaparral Dr SE, Salem, OR, 97302

3beds
2baths
1,363sqft
$399,900
$293price/sqft
$2,982/moest. monthly cost
$119,280/yrincome needed

About This Home

Investor Alert in South Salem - 1363 SF Single Level, 3 bedroom, 2 bath, built in 2009. Open floor plan, Great Room design. Seller is a Trustee for Ch. 7 Bankruptcy Estate. Buyer to perform own due-diligence. Property sold AS-IS. Cooperative occupant on premises. See associated docs for Chapter 7 Bankruptcy Trustee Sales HomeSmart pdf and required Buyer Addendum.

Getting Around

72
WalkingVery Walkable
39
TransitSome Transit
54
BikeBikeable

Schools

4/10
5/10
Judson Middle SchoolGrades 6-80.7 mi
5/10
South Salem High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 2009

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: Disposal,Gas Range,Gas Water Heater

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2

Dining Room

  • Features: Area (Combination)
  • Level: Main

Features

  • Flooring: Carpet,Laminate,Vinyl

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 1,363
  • Total interior livable area: 1,363 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 343481
  • Zoning: RS
  • Special condition: Other (Refer to Pvt Rmks)

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Heather
  • Fencing: Fenced
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 5,033 sqft
  • Features: Dimension Above,Landscaped
  • Lot size dimensions: 42 x 120

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 $2,022$24,264
Home Insurance *$95$1,140
Property Taxes $689$8,268
Electricity $176$2,119
Total$2,982$35,784
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,240/yr
40% on housing$89,460/yr
45% on housing$79,520/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

$293This 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)

No zestimate history available

Price History

DateEventPrice
2026-05-05Listed for sale$329,900
2009-10-23Sold$175,900

For Sale by Agent

AgentDENA SWIFT
BrokerageHomesmart Realty Group

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