5015 Ridge Dr NE is a 1,325 square foot house on a 7,405 square foot lot with 3 bedrooms and 2 bathrooms. - it last sold on September 01, 1981 for $32,500. Based on Redfin's Salem data, we estimate the home's value is $344,633.
Single-familyProperty Type
1956Year Built
7,405 sq ftLot Size
$260Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$344,633
$312K since sold in September 1981$2,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 14.8% lower than the average sale price ($404K) 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
IP
Industrial Park Zone
The purpose of the Industrial Park (IP) Zone is to implement the industrial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. The IP zone allows industrial uses, along uses providing services and support to industry, in a park like setting.
Permitted uses
Include but are not limited to:
General retail
Restaurant
Housing-Single unit
Industrial
Manufacturing
Self-Storage / mini-Storage
Warehouse
Office
Research & development
Park & open space
Property details
Interior
Heating & Cooling
Heating Type: Baseboard
Exterior
Exterior Information
Foundation Type: Concrete
Exterior Wall: Shingle
Building Type: Single Family
Property Information
Living Sq. Ft: 1,325
Ground Floor Sq. Ft: 1,325
Building Sq. Ft: 2,249
# of Stories: 1
Legal Description: ACRES 0.17
Parking & Garage Information
Parking Type: Attached Finished Garage
Garage/Parking Sq. Ft: 924
Garage / Carport Type: Attached Finished
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,405
Municipality Type: 01
Acres: 0.17
Zoning Code: IP
County Use Description: SFR ONE STORY ONLY
State Use Description: RES IMPROVED 1 AC AND UNDER
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,325
Stories: 1.0
Lot Size: 7,405 square feet
Style: Single Family Residential
Year Built: 1956
Year Renovated: 1969
County: Marion County
APN: 524812
Home facts updated by county records on Aug 31, 2026
Around this home
Schools
Highland Elementary School
Public K-5 • Assigned • 2.9mi
3/10
Parrish Middle School
Public 6-8 • Assigned • 3.8mi
3/10
North Salem High School
Public 9-12 • Assigned • 3.8mi
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)
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43
66
44
72
49
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53
87
58
87
60
79
55
65
46
54
43
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41
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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
$328,000 – $397,000
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