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$2,400,000

Listing Price

7beds

7baths

5,943sqft

116,741sqft lot

5501 Lipscomb Street Se, Salem, OR 97317

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

420.66

Price / sqft

2005

Year built

Home Details

Tour of Homes luxury estate on acreage with stunning valley views! This exceptional residence showcases exposed beams, curved entryways, and high-end finishes throughout. A single-level layout with a full basement offers excellent dual living potential. Enjoy 5 spacious bedrooms-each an en suite with walk-in closets-along with 2 half baths. The chefs kitchen is designed to impress, featuring a 60 gas range, oversized island, and a fully equipped butlers pantry with an additional dishwasher. The lower level is ideal for entertaining with a wet bar complete with mini fridge, ice maker, and dishwasher. Elevated finishes include custom cabinetry, engineered hardwood (waterproof and wear-resistant) and tile flooring throughout-including limestone-natural stone countertops, custom iron railings, and thoughtfully curated lighting and plumbing fixtures. Venetian plaster accents enhance the master shower, range hood, and fireplace, while radiant heated tile floors bring comfort to the upstairs suites. Smart and functional upgrades include Lutron smart home lighting, integrated indoor/outdoor sound, a constant pressure water system with filtration, and a washer/dryer conveniently located in the primary closet.Outdoor living is equally impressive, featuring a covered deck, full outdoor kitchen with a 44 gas range, refrigerator, and pass-through window, gas heaters in the dining area, and an outdoor gas fire table-perfect for year-round enjoyment. The property also offers a hot tub, irri

Interior Details

Square Feet
  • 5943

Bedrooms
  • 7

Bathrooms
  • 7

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 116741

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$2,717

$0

$0

--%

$232,800

2019

$2,658

$0

$0

--%

$226,020

2018

$2,677

$0

$0

--%

$219,440

2017

$2,599

$0

$0

--%

$213,050

2016

$2,526

$0

$0

--%

$206,850

2014

$2,481

$0

$0

--%

$194,990

2013

$2,418

$0

$0

--%

$189,320

2012

$2,366

$0

$0

--%

$183,810

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Average Home Price in 97317

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$2,400,000

7 Beds

7 Baths

5,943 Sqft

116,741 Lot (sqft)

Sold 10/26/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
2,400,000
$
Down payment
480,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
14,400
$
HOA (Monthly)
0
$
PMI
0
$
$15,536
Your Payment
Total Monthly Payment:$15,536
Percent of Income:266%
Affordable:No

Details for 5501 LIPSCOMB ST SE

Property Debt

Foreclosure Contact Details