OFF MARKET
Listed by CHRISTINE FOLZ • WINDERMERE MID VALLEY (Agent: 503-949-3087). Bought with WINDERMERE MID VALLEY.
Off market feb 2019 for $187K
$324,253
Est. refi paymentEst. refi $1,245/mo
4
bd
•
4 ba
•
1,852
sq ft

1501 Fairgrounds Rd NE, Salem, OR 97301

map-entry

About this home

Single-familyProperty Type
1924Year Built
4,792 sq ftLot Size
$175Est. Price/Sq.Ft.
1 car garageParking
Listed by CHRISTINE FOLZ • WINDERMERE MID VALLEY
Bought with NATALIE BECK-BOYECHKO • WINDERMERE MID VALLEY
Source:WVMLS #697369
Listing provided courtesy of Willamette Valley Multiple Listing Service (WVMLS)

Redfin Estimate

$324,253
$137K since sold in February 2019$2,000 since September

This home's estimate is 18.6% lower than the average sale price ($399K) of 6 comparable homes.

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Earn from this home

Sell
$177,556
Est. take-home

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Refinance
$0
Est. cash available

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Rent
$2,254/mo
Redfin rental estimate

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Market trends in 97301, OR

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price
99.5%

0.5% MoM

Median sale price
$389K

$28K MoM

Avg. days on market
42d

1 days MoM

Recently sold homes
131

7 MoM

New listings for sale

Provided by Redfin

Sale history for 1501 Fairgrounds Rd NE

Tax history for 1501 Fairgrounds Rd NE

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

MU-II

Mixed Use-II Zone

The purpose of the Mixed Use-II (MU-II) zone is to identify allowed uses, establish development standards that promote pedestrian-oriented development in vibrant mixed-use districts, and encourage a mix of compatible uses in multi-story buildings.
Permitted uses

Include but are not limited to:

  • Community / recreation center
  • Bank
  • Day care facility
  • General retail
  • Restaurant
  • Housing-Single unit
  • Housing-Multiple units
  • Housing-Senior
  • Manufacturing
  • Office

Property details

Around this home

Schools

Grant Community School

Public K-5 • Assigned • 0.2mi

6/10
Parrish Middle School

Public 6-8 • Assigned • 0.6mi

3/10
North Salem High School

Public 9-12 • Assigned • 0.7mi

4/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

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 92° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

13 unhealthy days expected this year, 14 days in 30 years

Provided by First Street

Historical weather

Salem, OR • 97301
Average low and high temperatures (°F)
49
34
51
37
59
43
66
44
72
49
79
53
86
57
87
60
79
55
65
46
54
43
50
41
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
$309,000 – $373,000

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Nearby similar homes

$339,900
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$350,000
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Sabrina Carson • Dalton Wade, Inc, A Corporation of Florida
$276,000
2 beds1 bath757 sq ft
465 Ford St SE, Salem, OR 97301
$495,000
4 beds2 baths2,843 sq ft
399 24th St NE, Salem, OR 97301
$345,000
2 beds2.5 baths1,311 sq ft
1965 Breyman St NE, Salem, OR 97301
$365,000
3 beds1 bath940 sq ft
1994 Lee St SE, Salem, OR 97301

New listings for sale in 97301

$339,900
2 beds1 bath1,227 sq ft
1775 Grant St NE, Salem, OR 97301
Listing provided by WVMLS
$799,900
6 beds8 baths5,099 sq ft
1734 Center St, Salem, OR 97301
Jordan Sparks • SMI Commercial Real Estate LLC
VIDEO TOUR
$455,000
3 beds2.5 baths2,672 sq ft
1168 15th St, Salem, OR 97301
Listing provided by WVMLS
FOR SALE BY OWNER
$34,995
2 beds1 bath520 sq ft
1940 Lana Ave NE, Salem, OR 97301
$329,900
3 beds1 bath1,170 sq ft
1026 Royalty Dr NE, Salem, OR 97301
Listing provided by WVMLS
$135,900
3 beds2 baths1,296 sq ft
652 Royalty Cir NE, Salem, OR 97301
Listing provided by WVMLS
$315,000
3 beds2 baths974 sq ft
1748 Bellevue St SE, Salem, OR 97301
Listing provided by WVMLS
$335,000
4 beds2 baths1,540 sq ft
1760 Norway St NE, Salem, OR 97301
Listing provided by WVMLS
$349,990
3 beds2 baths1,900 sq ft
1460 Evergreen Ave, Salem, OR 97301
Mark Charlesworth • Keller Williams PDX Central

Home values near 1501 Fairgrounds Rd NE

Data from public records.

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