4 months on rocket

5534 Skyline Rd S, Salem, OR, 97306

$1,230,000

1.95 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ViewTerritorial
MLS #23614884
Lot Size1.95 Acres
StatusActive

About 5534 Skyline Rd S

Perfect opportunity to build 16 units (Four 4-plex) on almost 2 acres in South Salem. This property is shovel ready! Engineered plans and building permits are processed and ready at City of Salem. Each 1328/ft unit consists of 3 bed/2 bath and has attached single car garage. City sewer and water. All utilities are at the street. Building site is dugout to grade and ready to pour foundations. Location is in high demand and demands top of the market rents. Close to Sprague High School and Kuebler Blvd.

Property Details

Property Features

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (503) 360-1640
  • Listing Agent: Eric Peterson

Exterior Features

Exterior Information:

  • View: Territorial

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 1.95 Acres

School Info

Assigned Schools Information:

  • Sprague High School, Public District Grades 9-12
  • Crossler Middle School, Public District Grades 6-8
  • Schirle Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: South of Kuebler Blvd on Skyline rd. Property is on the left as you head south.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,230,000
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Housing Market Comparison

See how this home compares to others in Salem, OR.

Med. Sold Price

$434.9K

Med. Price/SqFt

$260

Avg. Days On Market

34

# of Sold Homes

79

5534 Skyline Rd S vs Salem

141 DAYS ON ROCKET

+107 Days

$1,230,000

+$795K More

KEY TAKEAWAY

This property is $795K more than the Median Sold Price in Salem, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #23614884

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (503) 360-1640
  • Listing Agent: Eric Peterson

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 2:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 05, 2021Home Sold
$390,000
Jun 02, 2003Home Sold
$150,000
Aug 11, 1988Home Sold
$68,000

History based on county public records data.

Payment Calculator

$6,206

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,754

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6294944
4
/10
  • Schirle Elementary School

  • 4875 Justice Way S

  • 0.80 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6294945
5
/10
  • Crossler Middle School

  • 1155 Davis Rd S

  • 0.71 miles

  • Public District Grades 6-8

High School

school-card-donut-6294946
7
/10
  • Sprague High School

  • 2373 Kuebler Rd S

  • 0.86 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,618. Residents of Salem, OR typically earn between $35k-100k each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5534 Skyline Rd S

What is the listing price of this property?

The listing price of 5534 Skyline Rd S property is $1,230,000.

What type of property is this?

The property 5534 Skyline Rd S is land located in Salem, Oregon, 97306.

Is this property for sale now?

Active Listing: 5534 Skyline Rd S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5534 Skyline Rd S are:
Schirle Elementary School: GreatSchools Rating 4/10
Crossler Middle School: GreatSchools Rating 5/10
Sprague High School: GreatSchools Rating 7/10

When was this property sold last time and for how much?

The last sale was on October 5, 2021 for $390,000. (source: MLS/tax record).

How much acreage is this property?

The property 5534 Skyline Rd S is 1.95 acres.
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Rocket HomesOregonMarion CountySalem973065534 Skyline Rd S

This home is located at 5534 Skyline Rd S in Salem, OR and zip code 97306. This home sits on a 1.95 acre lot. It has been listed on Rocket Homes since December 16, 2023 and is currently priced at $1,230,000.

While more than 23 listings in Salem, OR in April 2024 were sold above asking price, there were more than 36 listings sold at asking price, and more than 20 were sold below. The number of listings in Salem, OR increased by 0.6% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $434,998.

From Rocket Homes Real Estate and based on county public records data.

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