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 $259,923.
Single-familyProperty Type
1922Year Built
5,663 sq ftLot Size
$256Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$259,923
$249K since sold in January 1988$0 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 16.6% lower than the average sale price ($312K) of 6 comparable homes.
Darryl Bodle • Keller Williams Realty Portland Premiere
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 Jun 24, 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
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
87
58
86
59
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
$247,000 – $299,000
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