Listed by COURTNEY HARRIS • HOMESMART REALTY GROUP (Cell: 503-385-7519). Bought with NON-MEMBER SALE.
Off Market Nov 2024 for $285K
$394,445
Est. refi paymentEst. refi$1,210/mo
3
bd
•
1 ba
•
1,160
sq ft
1320 Boone Rd SE, Salem, OR 97306
About this home
Great opportunity for an investment property zoned MU-III. Residence is not financeable in current condition. City water with an old well on site for irrigation. Septic system pumped a few years ago. Ample space for a possible shop based business or possible multi unit development. Buyer to perform all due diligence and seller to perform no repairs.
Great opportunity for an investment property zoned MU-III. Residence is not financeable in current condition. City water with an old well on site for irrigation. Septic system pumped a few years ago. Ample space for a possible shop based business or possible multi unit development. Buyer to perform all due diligence and seller to perform no repairs.
Public Records
Mar 26, 1992
Sold
$75,000
$65/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,052 (+7.8%)
2024
$3,760 (+6.2%)
2023
$3,540 (+2.9%)
2022
$3,441 (+2.9%)
2021
$3,343 (+3.0%)
2020
$3,245 (+3.6%)
2019
$3,131 (−1.7%)
2018
$3,187 (+10.8%)
2017
$2,876 (+5.0%)
2016
$2,739 (−0.8%)
2015
$2,760 (+3.3%)
2014
$2,671 (+2.1%)
2013
$2,617 (+2.5%)
2012
$2,553 (+4.5%)
2011
$2,443 (+4.2%)
2010
$2,344 (+1.1%)
2009
$2,318
Tax history for 1320 Boone Rd SE
Year
Property tax
Land + Additions
Assessment*
2025
$4,052 (+7.8%)
2024
$3,760 (+6.2%)
2023
$3,540 (+2.9%)
2022
$3,441 (+2.9%)
2021
$3,343 (+3.0%)
2020
$3,245 (+3.6%)
2019
$3,131 (−1.7%)
2018
$3,187 (+10.8%)
2017
$2,876 (+5.0%)
2016
$2,739 (−0.8%)
2015
$2,760 (+3.3%)
2014
$2,671 (+2.1%)
2013
$2,617 (+2.5%)
2012
$2,553 (+4.5%)
2011
$2,443 (+4.2%)
2010
$2,344 (+1.1%)
2009
$2,318
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.53 Acres
Year renovated
1970
Sq. Ft.
1,160
Year built
1948
Style
Single Family Residential
County
Marion County
APN
575240
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
MU-III
Mixed Use-III Zone
The purpose of the Mixed Use-III (MU-III) zone is to identify allowed uses and establish development standards that encourage infill development and redevelopment in mixed-use corridors and centers and promote pedestrian access. The MU-III zone generally allows a variety of retail and office uses, commercial services, and multiple family residential uses.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Group
Housing-Multiple units
Housing-Senior
Hotel / motel
Mixed use building
Office
Public service
Property details
Parking
Parking Information
# of Garage Spaces: 0
Detached Garage
Interior
Bedroom Information
Master Bedroom Level: Main
Master Bedroom Dimensions: 10-6X15-11
Bedroom #2 Level: Main
Bedroom #2 Dimensions: 10-7X10-7
Bedroom #3 Level: Main
Bedroom #3 Dimensions: 9-1X12
Bathroom Information
# of Bathrooms (Full): 1
# of Bathrooms (Half): 0
Room Levels
Kitchen: Main
Dining Room: Main
Living Room: Main
Utility Room: Main
Room Dimensions
Kitchen: 7-10X14-2
Dining Room: 10-9X13-5
Living Room: 19-3X15-9
Utility Room: 7-9X6-2
Additional Rooms
Dining: Formal
Appliances
Range Type: Electric, Range Included
Interior Features
Fireplace: Living Room, Pellet, Stove
Flooring: Carpet, Wood, Vinyl
High Speed Communication: Unknown
Heating & Cooling
Gas, Forced Air
Exterior
Exterior Features
Fenced: Partial
Foundation: Continuous
Landscape: Yes
Covered Deck, Deck
Roof: Composition
Siding: Cedar, Composite, Shake
Underground Sprinkles: No
Building Information
Outbuildings: Shed, Separate Shop
Siding Style: Lap
Year Built: 1948
Exterior Color: Gray
Lot Information
Suitable Use: Other (Refer to Remarks)
Acres: 0.53
Property Information
HOME STYLE: 1 Story
Home Warranty: No
Sq. Ft. Source: County
Assessments/Liens
Financial
Tax Information
Tax Amount: $3,650
Tax Years: 2023
Tax Account #: 575240
Utilities
Utility Information
Water Heater: Gas
Water: City
Location
Homeowners Association Information
No Association
Location Information
Directions to Property: From Commercial St SE head East on Boon Rd SE. Property is almost directly across from Textrum St SE.
Lot: 700
Cross Street: Textrum St SE
Directions to Property: From Commercial St SE head East on Boon Rd SE. Property is almost directly across from Textrum St SE.
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,160
Stories: 1.0
Lot Size: 0.53 acres
Style: Single Family Residential
Year Built: 1948
Year Renovated: 1970
County: Marion County
APN: 575240
Home facts updated by county records on Aug 31, 2026
Other
Miscellaneous Information
Disposal: No
Listing Information
Broker Attribution Contact: Cell: 503-385-7519
Status Detail: 0
Possession: COE + 30
Information For Agents
Syndicated Remarks: Great opportunity for an investment property zoned MU-III. Residence is not financeable in current condition. City water with an old well on site for irrigation. Septic system pumped a few years ago. Ample space for a possible shop based business or possible multi unit development. Buyer to perform all due diligence and seller to perform no repairs.
Around this home
Schools
Pringle Elementary School
Public K-5 • Assigned • 0.8mi
5/10
Judson Middle School
Public 6-8 • Assigned • 0.9mi
6/10
South Salem High School
Public 9-12 • Assigned • 2.8mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
12 unhealthy days expected this year, 13 days in 30 years
Provided by First Street
Historical weather
Salem, OR • 97306
Average low and high temperatures (°F)
46
35
48
37
55
41
62
43
68
47
75
52
83
56
83
58
75
54
62
46
51
42
47
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 2.1 hours in December, placing it below the
U.S. average for solar exposure.
9.9 hrs
2.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$375,000 – $454,000
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