5516 Salal Street Southeast

5516 Salal Street Southeast in Salem, OR was first built in 2003 and is 21 years old. This has been categorized as a residential property type. There are a total of 2 floors. This is a single bedroom home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5516 Salal Street Southeast has 2,965 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,712 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a spa or hot tub but no pool on the property. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 690 sqft. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5516 Salal Street Southeast was last sold in Apr 1, 2022 for $695,000. According to our calculations, that's $190.15 per sqft. Prior to that sales transaction, the property was sold for $550,000 in Nov 2, 2020. Current property owners are expected to pay $7,652 in taxes per year. The property on 5516 Salal Street Southeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $401,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.