5401 E RIDGE ST, Salem, OR 97306
Marion County
Key Facts
Description
Welcome to this beautiful home with incredible views! Enjoy an open-concept main level with a spacious living room, dining area, and large kitchen featuring an island and new granite countertops. The primary bedroom includes an ensuite bathroom with walk-in shower, and all bedrooms offer walk-in closets. Downstairs features new carpet and a second living area with a separate entrance, perfect for guests or multi-gen living. The new deck is perfect for taking in the view! There is plenty of space for RVs,trailers and toys, plus 50-amp power and water hookups on the side. Upgrades include tankless water heater, dual fuel furnace and A/C, new carpet downstairs, and more. The road is privately owned, and the lot is dividable. See attached document for full list of features and upgrades. This is a rare find with space, views, and flexibility!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Stories2
Year Built
1994
Stories
2
Living Area
2,340 sq ft
Lot Size
0.25 acres
Garage Spaces
2
Parking Spaces
2
Days on Market
73
MLS® Listing#
398027406
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Parking
Patio
Roof
Sewer
Water Source
Schools
- Elementary:
- Liberty
- Middle:
- Crossler
- High:
- Sprague
Financial Details
HOA
None
Annual Taxes
$6,532
Tax year 2025
Parcel Number
592340
Directions
Tamara Ave S / E Ridge St S
Affordability Calculator
$119,800
Estimated monthly payment
$3,188/mo
Principal $479,200 · Est. interest $668,527 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Salem, OR
- $483,333
- Median Listing Price
- 164
- Median Days on Market
- 1,814
- Median Sq Ft
- $267
- Median Price / Sq Ft
- 323
- Active Listings
- This home’s price is 24% above the area median.
- Its price per sq ft is 4% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Salem, OR.
Location
Getting Around
Points of Interest in Salem, OR
Showing the Salem area map.
Nearby Schools
Crossler Middle School
Secondary · 0.2 mi away
Bud To Blossom - Children's School of Discovery
Elementary · 0.4 mi away
Liberty Elementary School
Elementary · 0.6 mi away
Schirle Elementary School
Elementary · 0.7 mi away
Sprague High School
Secondary · 0.9 mi away
Sumpter Elementary School
Elementary · 1.0 mi away
Silverleaf School
School · 1.0 mi away
Judson Middle School
Secondary · 1.2 mi away
Immanuel Lutheran School
School · 1.3 mi away
Queen of Peace Catholic Church
School · 1.3 mi away
Wright Elementary School
Elementary · 1.5 mi away
Buttercup Hill
School · 1.6 mi away
Abiqua School
Secondary · 1.6 mi away
Rosedale Elementary School
Elementary · 1.6 mi away
Salem Heights Elementary School
Elementary · 2.0 mi away
Our Savior's Lutheran Church
Elementary · 2.0 mi away
Battle Creek Elementary School
Elementary · 2.1 mi away
Little Red School House
Elementary · 2.3 mi away
Pringle Elementary School
Elementary · 2.4 mi away
Candalaria Elementary School
Elementary · 2.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 5155 LONE TREE CT NE, Salem, OR | $420,000 | 3 | 2 | 1,286 |
| 5064 WHEELER AVE, Salem, OR | $422,000 | 3 | 2 | 1,410 |
| 1050 SUMMER ST, Salem, OR | $422,500 | 3 | 2 | 2,582 |
| 585 MADRONA AVE S, Salem, OR | $425,000 | 4 | 2 | 1,604 |
| 4342 MCKAY DR S, Salem, OR | $425,000 | 4 | 2 | 1,920 |
| 889 45TH AVE NE, Salem, OR | $425,000 | 3 | 2 | 1,431 |
Moving Cost Estimate
EXIT Agents in Salem
Listing Courtesy: eXp Realty, LLC - 971-312-5904
Presented by: Jordan Hill
Last Updated: 2026-01-09