3587 Homestead Rd S is a 2,048 square foot house on a 5.69 acre lot with 3 bedrooms and 2 bathrooms. - it last sold on May 20, 1986 for $72,000. Based on Redfin's Salem data, we estimate the home's value is $869,099.
Single-familyProperty Type
1945Year Built
5.69 acresLot Size
$424Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$869,099
$797K since sold in May 1986$9,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 53% higher than the average sale price ($568K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RA
Residential Agriculture Zone
The purpose of the Residential Agriculture RA Zone is to implement the developing residential designation for the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. The RA zone generally allows single family, two family, three, family, and four family residential uses, agricultural uses, and other uses that are compatible with and/or provide support and services to the residential area.
Permitted uses
Include but are not limited to:
Agriculture
Livestock production
Day care facility
General retail
Housing-Single unit
Housing-Multiple units
Infrastructure
Library
Housing-Mobile home park
Park & open space
Property details
Interior
Basement Information
Basement Sq. Ft: 1,300
Basement Type: Unfinished
Heating & Cooling
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Foundation Type: Concrete
Exterior Wall: Board and Batten
Building Type: Single Family
Property Information
Subdivision Name: HOMESTEAD ACRES
Living Sq. Ft: 2,048
Ground Floor Sq. Ft: 1,532
Building Sq. Ft: 3,348
# of Stories: 1
Legal Description: HOMESTEAD ACRES LOT 12
Parking & Garage Information
Parking Type: Unfinished Detached Garage
Garage/Parking Sq. Ft: 380
Garage / Carport Type: Unfinished Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 247,856
Legal Lot Number: 12
Municipality Type: 01
Acres: 5.69
Zoning Code: RA
County Use Description: SFR 1 STORY W/ATTIC & BSMT
State Use Description: TRACT IMPROVED OVER 1 AC
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,048
Stories: 1.0
Lot Size: 5.69 acres
Style: Single Family Residential
Year Built: 1945
Year Renovated: 1959
County: Marion County
APN: 578073
Home facts updated by county records on Aug 31, 2026
Around this home
Schools
Schirle Elementary School
Public K-5 • Assigned • 1.3mi
7/10
Crossler Middle School
Public 6-8 • Assigned • 2.3mi
3/10
Sprague High School
Public 9-12 • Assigned • 1.3mi
6/10
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.