4840 Jones Rd SE is a 2,144 square foot house on a 10,019 square foot lot with 4 bedrooms and 2 bathrooms. Based on Redfin's Salem data, we estimate the home's value is $487,505.
Single-familyProperty Type
1971Year Built
10,019 sq ftLot Size
$227Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$487,505
$0 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 4.7% lower than the average sale price ($511K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$5,694 (+7.8%)
2024
$5,283 (+6.2%)
2023
$4,973 (+2.9%)
2022
$4,834 (+2.9%)
2021
$4,696 (+3.0%)
2020
$4,559 (+3.6%)
2019
$4,399 (−1.7%)
2018
$4,477 (+10.8%)
2017
$4,041 (+5.0%)
2016
$3,848 (−0.7%)
2015
$3,877 (+3.3%)
2014
$3,752 (+5.7%)
2013
$3,549 (+1.3%)
2012
$3,502 (−0.4%)
2011
$3,517 (+4.2%)
2010
$3,374 (+1.1%)
2009
$3,336
Tax history for 4840 Jones Rd SE
Year
Property tax
Land + Additions
Assessment*
2025
$5,694 (+7.8%)
2024
$5,283 (+6.2%)
2023
$4,973 (+2.9%)
2022
$4,834 (+2.9%)
2021
$4,696 (+3.0%)
2020
$4,559 (+3.6%)
2019
$4,399 (−1.7%)
2018
$4,477 (+10.8%)
2017
$4,041 (+5.0%)
2016
$3,848 (−0.7%)
2015
$3,877 (+3.3%)
2014
$3,752 (+5.7%)
2013
$3,549 (+1.3%)
2012
$3,502 (−0.4%)
2011
$3,517 (+4.2%)
2010
$3,374 (+1.1%)
2009
$3,336
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RS
Single Family Residential Zone
The purpose of the Single Family Residential (RS) Zone is to implement the single family residential designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. The RS zone generally allows single family, two family, three family, and four family residential uses, along with a mix of 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
Community / recreation center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure
Library
Ground transport
Park & open space
Property details
Interior
Basement Information
Basement Sq. Ft: 651
Basement Type: Finished
Heating & Cooling
Heating Type: Baseboard
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Foundation Type: Concrete
Exterior Wall: Plywood
Building Type: Single Family
Property Information
Subdivision Name: MOUNT VERNON ESTATES
Living Sq. Ft: 2,144
Ground Floor Sq. Ft: 1,493
Building Sq. Ft: 2,716
# of Stories: 1
Legal Description: MOUNT VERNON ESTATES, BLOCK 1, LOT 21, ACRES 0.234
Parking & Garage Information
Parking Type: Unfinished Attached Garage
Garage/Parking Sq. Ft: 572
Garage / Carport Type: Unfinished Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 10,019
Legal Lot Number: 21
Legal Block Number: 1
Municipality Type: 01
Acres: 0.23
Zoning Code: RS
County Use Description: SFR 1 STORY W/BSMT
State Use Description: RES IMPROVED 1 AC AND UNDER
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,144
Stories: 1.0
Lot Size: 10,019 square feet
Style: Single Family Residential
Year Built: 1971
Year Renovated: 1980
County: Marion County
APN: 582988
Home facts updated by county records on Aug 31, 2026
Around this home
Schools
Wright Elementary School
Public K-5 • Assigned • 0.7mi
4/10
Judson Middle School
Public 6-8 • Assigned • 0.2mi
6/10
Sprague High School
Public 9-12 • Assigned • 1.6mi
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.