1555 Fairgrounds Rd NE is a 1,014 square foot house on a 5,663 square foot lot with 2 bedrooms and 1 bathroom. - it last sold on January 21, 1988 for $10,500. Based on Redfin's Salem data, we estimate the home's value is $261,654.
Single-familyProperty Type
1922Year Built
5,663 sq ftLot Size
$258Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$261,654
$251K since sold in January 1988$1,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 21.7% lower than the average sale price ($334K) of 6 comparable homes.
Christie Glennon Pinnick • Knightsbridge International Real Estate, LLC
See all
Provided by Redfin
Sale history for 1555 Fairgrounds Rd NE
Date
Event
Price
Public Records
Jan 21, 1988
Sold
$10,500
$10/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,662 (+7.8%)
2024
$2,470 (+6.2%)
2023
$2,325 (+2.9%)
2022
$2,260 (+2.9%)
2021
$2,195 (+3.0%)
2020
$2,131 (+3.6%)
2019
$2,057 (−1.7%)
2018
$2,093 (+10.8%)
2017
$1,889 (+7.7%)
2014
$1,754 (+2.0%)
2013
$1,719 (+2.5%)
2012
$1,678 (+4.5%)
2011
$1,605 (+4.2%)
2010
$1,540 (+1.1%)
2009
$1,523
Tax history for 1555 Fairgrounds Rd NE
Year
Property tax
Land + Additions
Assessment*
2025
$2,662 (+7.8%)
2024
$2,470 (+6.2%)
2023
$2,325 (+2.9%)
2022
$2,260 (+2.9%)
2021
$2,195 (+3.0%)
2020
$2,131 (+3.6%)
2019
$2,057 (−1.7%)
2018
$2,093 (+10.8%)
2017
$1,889 (+7.7%)
2014
$1,754 (+2.0%)
2013
$1,719 (+2.5%)
2012
$1,678 (+4.5%)
2011
$1,605 (+4.2%)
2010
$1,540 (+1.1%)
2009
$1,523
*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
Interior
Basement Information
Basement Sq. Ft: 594
Basement Type: Unfinished
Heating & Cooling
Heating Type: Forced Air
Exterior
Exterior Information
Building Type: Single Family
Property Information
Subdivision Name: NORTH SALEM
Living Sq. Ft: 1,014
Ground Floor Sq. Ft: 1,014
Building Sq. Ft: 1,608
# of Stories: 1
Legal Description: NORTH SALEM, BLOCK 56, LOT FR 3, ACRES 0.13
Parking & Garage Information
Parking Type: Unfinished Detached Garage
Garage/Parking Sq. Ft: 216
Garage / Carport Type: Unfinished Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,663
Legal Lot Number: 3
Legal Block Number: 56
Municipality Type: 01
Acres: 0.13
Zoning Code: CG
County Use Description: SFR 1 STORY W/BSMT
State Use Description: COMMERCIAL IMPROVED
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,014
Stories: 1.0
Lot Size: 5,663 square feet
Style: Single Family Residential
Year Built: 1922
Year Renovated: 1943
County: Marion County
APN: 584640
Home facts updated by county records on Aug 31, 2026
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
Salem’s market is slower, with prices relatively steady and homes taking longer to sell. Sellers need competitive pricing, while buyers may have more time to decide and room to negotiate on price, closing costs, or repairs.