- 2 beds
- 2 baths
- 1,200 sqft
- 3,920 sqft lot
- $344 per sqft
- 1978 build
- – on site
This beautiful house is nestled in the quietest neighborhood of Salemtowne, a 55+ community in Salem, Oregon. Banyan Court is a cul-de-sac so that vehicle traffic is from those living on Banyan, unlike Oak Crest and Nut Tree which are the main thoroughfares and busiest streets in Salemtowne. The property is turn-key and perfect for one who wants to downsize, enjoy low maintenance, low utilities in a quiet neighborhood.This cozy 2-bedroom, 2-bathroom, with its perfect floor plan will provide you with comfortable and inexpensive living. The house features vinyl windows all around, a good-neighbor fence installed in the backyard in June 2024; original covered patio, and an irrigation system in the front lawn which does not require backflow testing nor maintenance.The house features a practical floor plan. The kitchen is isolated by a pocket door so that cooking odors will not permeate the rest of the house, featuring a breakfast nook with table and chairs, a floor-to-ceiling cabinet/pantry, tile countertops all around, tile floor, Whirlpool cooktop, Whirlpool dishwasher, double oven, Frigidaire microwave.The water heater was installed in January 2019, and the heat pump furnace combination was installed in February 2014, both serviced in January 2025 with no issues reported.The main section of the houses is a living space encompassing a space large for a dining table and chairs, a living room with a wood-burning fireplace which can be easily converted to gas, and a space large enough to accommodate a baby grand piano. All interior doors including closet doors are paneled wood finished in mahogany color in excellent condition, with Schlage keyless front door hardware. Included with the purchase is an LG washer and dryer pair bought August 2023, a Husky integrated vacuum system, Amana 25 cu ft refrigerator. New roof to be installed with Malarkey Highlander NEX AR (algae resistant) architectural shingles.
Last checked:
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Checking…
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Last updated Jul 5, 2025
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MLS# 373503977 —
The Building
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Year Built:1978
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New Construction:false
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Architectural Style:Stories1
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Stories:1
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Exterior Description:BoardBattenSiding
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Building Area Description:County
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Building Area Total:1200.0
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Building Area Calculated:1200
Interior
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Fireplace:true
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Fireplaces Total:1
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Fireplace Features:WoodBurning
Room Dimensions
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Main Level Area Total:1200
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:Property is located in West Salem off Wallace Road and Oakcrest.
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Latitude:44.981775
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Longitude:-123.075251
The Property
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Parcel Number:355971
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Restored
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Lot Size Range:SqFt3000to4999
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Lot Size Acres:0.09
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Lot Size SqFt:3920.0
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Zoning:RS
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View:false
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (888) 881-4118
- Office phone:
- (888) 881-4118
Taxes
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Tax Year:2024
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Tax Legal Description:BLK 25 LOT 4
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Tax Annual Amount:3955.77
Beds
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Bedrooms Total:2
Baths
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Total Baths:2
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Full Baths:2
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Total Baths:2.0
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Total Baths Main Level:2.0
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Full Baths Main Level:2
Heating & Cooling
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Heating:HeatPump
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Heating:true
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Cooling:HeatPump
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Electricity
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Water Source:Community
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Fuel Description:Electricity
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Internet Service Type:DSL
Appliances
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Appliances:BuiltinRange, ButlersPantry, Dishwasher, Disposal, DoubleOven, Tile
Schools
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Elementary School:Other
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Middle Or Junior School:Walker
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High School:West Salem
The Community
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Senior Community:false
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Association Amenities:Commons, Gym, Pool
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Association Fee:1600.0
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Association Fee Frequency:Annually
Parking
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Attached Garage:false
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Garage Spaces:2.0
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Parking Total:2.0
Monthly cost estimate

Asking price
$413,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,211
|
Taxes | $329 |
Insurance | $113 |
HOA fees | $133 |
Utilities | $108 See report |
Total | $2,894/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/5/25
Jul 5, 2025
|
Listed / Active | RMLS | $413,000 |

37% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $8k above asking price on average, but some went as high as $30k over asking price.