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$390,355

Listing Price

4beds

1.5baths

1,886sqft

3,920sqft lot

4575 Shipps Pl Ne, Salem, OR 97305

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

Single Family

Home type

206.98

Price / sqft

2007

Year built

Home Details

Welcome to a spacious 1,886-square-foot home offering incredible potential in a welcoming Northeast Salem neighborhood. Featuring an open-concept layout with 4 beds + den/office + 2.5 baths, this property is intentionally priced at an attractive $420,000. This property offers the unique advantage of built-in financial upside for a buyer or investor willing to handle some cosmetic updates, allowing you to build sweat equity.The home offers a distinct edge over new builds with its larger, more established footprint and a mature quiet neighborhood setting. The main floor features an open living area with 9 ft ceilings, a cozy gas fireplace, a functional kitchen with cherry cabinetry, and a versatile office that could be a 5th bedroom on the main level. Upstairs, there are 4 more generous sized bedrooms. Built on a level lot with durable cement siding, energy-efficient double-pane windows, and an attached 2 car garage, this standout property is a phenomenal opportunity to invest directly into personalizing a home with significant equity potential.

Interior Details

Square Feet
  • 1886

Bedrooms
  • 4

Bathrooms
  • 1.5

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
  • 3920

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

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
  • 2

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,950

$0

$0

--%

$207,150

2019

$3,811

$0

$0

--%

$201,120

2018

$3,879

$0

$0

--%

$195,270

2017

$3,501

$0

$0

--%

$189,590

2016

$3,334

$0

$0

--%

$184,070

2014

$3,251

$0

$0

--%

$173,510

2013

$3,113

$0

$0

--%

$168,460

2012

$2,986

$0

$0

--%

$163,230

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Average Home Price in 97305

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$442,996

3 Beds

2 Baths

1,696 Sqft

6,534 Lot (sqft)

Sold 07/28/2026

$--

4 Beds

3 Baths

2,107 Sqft

47,916 Lot (sqft)

Sold 07/22/2026

$450,435

3 Beds

2 Baths

1,728 Sqft

13,068 Lot (sqft)

Sold 07/07/2026

$500,607

3 Beds

2 Baths

1,837 Sqft

10,019 Lot (sqft)

Sold 05/21/2026

$495,000

3 Beds

2 Baths

1,666 Sqft

7,841 Lot (sqft)

Sold 10/06/2026

$400,000

3 Beds

2 Baths

2,061 Sqft

10,019 Lot (sqft)

Sold 09/29/2026

$440,805

3 Beds

2 Baths

1,948 Sqft

7,841 Lot (sqft)

Sold 10/05/2026

$454,000

4 Beds

1.5 Baths

1,896 Sqft

4,356 Lot (sqft)

Sold 10/06/2026

$439,000

3 Beds

2 Baths

1,682 Sqft

6,098 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
390,355
$
Down payment
78,071
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,342.13
$
HOA (Monthly)
0
$
PMI
0
$
$2,527
Your Payment
Total Monthly Payment:$2,527
Percent of Income:43%
Affordable:No

Details for 4575 SHIPPS PL NE

Property Debt

Foreclosure Contact Details