1245 Peace St SE Salem Oregon
Connected duplex in CO zone, currently used as Massage Therapy office & residence. Could be used as same, as home office, single home or converted back to duplex, buyers to do all zoning/usage due diligence if used as office. Large 1/3+ac lot, out buildings, artist’s studio/sun room, fruit trees, grapes, dog run, fully fenced with gates on both entrances and driveway. Handicap ramp and covered porch. Inspection has been done, repairs made. Address 1243 & 1245 Peace St. SE.
1160 Rainbow Hills SE Salem OR
Built like a Brick house should be! 6 inch CMU with Brick veneer & 5 inch thick concrete flrs. Masterfully designed & hand crafted with over 4700 sq ft on the main flr. Guest quarters with separate entrance yet attached to the house as well as a 60×40 heated CMU shop with 1/2 bath. All the amenities you would expect & then some. 48 sq ft walk in Safe, full bar, poker/media rm, & 4 fireplaces. Extensive landscaping with water features greenhouse & dedicated play area. Located in a privately gated South Salem
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Real Estate Salem Oregon
Real Estate on Croisan Mountain in Salem Oregon
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Croisan Mountain October 20, 2011
Croisan Mountain in Salem Oregon offers one of the most affluent lifestyles that Salem has to offer. Homes sitting on Croisan Mountain range from approximately $400,000 to $1,000,000. Croisan Mountain does require homeowners to adhere to CC&Rs with the intent to keep the values of these magnificent properties affluent. It is nearly impossible to find two homes similar in this area of upscale homes as builders have added their own personal custom touches to each one.
Croisan Mountain sits on the Southwest edge of Salem and many of the properties have elaborate views. It is not difficult to find a home with views to the East beyond Salem over to the Cascade Mountains as well as views to the North and West also. Since Croisan Mountain is a butte, many of the homes are daylight basement styles taking advantage of the slopes.
This corrective market has taken its toll on this affluent neighborhood in the past few years. Since the beginning of this year, there have been 3 homes sold ranging from $590,000 to $760,000. There are currently 5 homes active for sale ranging from $562,500 for a 4300 sf home to $650,000 for a 6200 sf home; both built in 1993.
Croisan Mountain is mainly home to empty nesters, however; students may expect to attend Candalaria
Elementary School, Leslie Middle School, & South Salem High School.
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*MLS information deemed reliable, but not guaranteed.
Real Estate at Kooskooskee in Salem Oregon
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October 14, 2011 Kooskooskee
Kooskooskee is a desirable community among mature adults in South Salem that offers beautiful park-like settings along Battle Creek. This neighborhood offers paved paths throughout common areas with lush manicured grounds. The Kaufman’s built out Kooskooskee, and it is comprised of two phases. Phase 1 was mostly built out in the early 80’s. This is known as Cayuse Circle. Phase 2 was mostly built out in the late 80’s and is named Pawnee Circle. Kooskooskee is comprised of Zero Lot Line Townhomes where homeowners own their unit, but it is shared with a common wall with their neighbor. Many of these homes are single level, offering a nice living experience for the older adult who does not want to navigate stairs. Many of the units also offer square footage above 2000 if someone desires more space. Kooskooskee has a healthy HOA that covers upkeep of the common grounds around Battle Creek.
At one time, finding these homes for sale was nearly impossible. It was not uncommon to find a buyers waiting list circling around the neighborhood. Times have changed a little in this community as well. There are currently 8 homes for sale in Kooskooskee with 2 closed sales since the beginning of 2011. The current asking prices range from $159,000 on up to $224,900 with all of them being located on Cayuse Circle. Pawnee Circle shows to be the more desirable of the two streets with their newer styles and more updated archetecture. The two homes that have sold were priced at $159,000 for a 1669 sf 2 story home, and $270,000 for a 2371 sf single level home.
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*MLS information is deemed reliable, but not guaranteed.
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Real Estate at Illahe Hills & Bailey Ridge Salem OR
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Illahe Hills Country Club
Illahe in Salem Oregon is a beautiful and originally 1960’s contemporary community lying on the outskirts of Southwest Salem. Illahe is nestled in the middle of South Salem rolling hills and lies along the Willamette River. Gorgeous landscaping views and wildlife surround all areas of this community. This community is known for its affluent lifestyle and golfing amenities. Illahe Hills Country Club was established in 1960 by several prominent and local businessmen. People looking to reside in this area can enjoy a golf pro shop, clubhouse featuring catering and social events, tennis and swimming with different levels of membership.
Illahe has changed its landscape over the years from its contemporary style to offering more neo-craftsman styles that are more popular today. With the housing boom came smaller lot sizes as with most subdivisions. The original community fought to keep Bailey Ridge from coming to existence; however that battle was ultimately won by Sandstrum Homes.
Bailey Ridge was contrived at the height of the market offering a more affordable product for the Illahe area. Many neighbors resented this subdivision because they felt that Bailey Ridge was capitalizing on the Illahe reputation all the while bringing down their own property values. As it stands today, there are many vacant lots in Bailey Ridge and a number of foreclosures, although building continues.
Illahe stands to have sold 8 homes since the turn of 2011 with an average sales price of $370,462. The low price is an 1854 sf condo built in 1961 for $185,000. The highest sale is a 3489 sf home built in 2010 for $495,000. There are currently 16 active homes for sale ranging from $335,000 on up to $799,000 leaving approximately 27 months of inventory on the market in this community.
Bailey Ridge has sold 10 homes since the turn of the year with an average sales price of $296,642. The low price is a 2026 sf home built in 2006 for $244,900. The highest sale is a 3304 sf home built in 2007 for $342,500. There are currently 7 homes for sale leaving approximately 7 months of inventory on the market in this community.
Illahe and Bailey Ridge are still one of Salem Oregon’s very desirable areas. Students can expect to attend Schirle Elementary School, Crossler Middle School and Sprague High School.
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*MLS information deemed reliable, but not guaranteed.
Fall Discounts on all Salem OR Real Estate?
Everyone loves a Fall discount, especially on Salem OR Real Estate. The Fall season is a wonderful time of year. In many parts of the country we are experiencing the changing of the season. The leaves are starting to change color and the sun is hiding further South. With that, commerce usually shows signs of discounting products to get inventory off the shelves before the end of the year. Real Estate is really no different. Although the motivation for a seller to sell a home before the end of the year may not be as previlent as a retail store manager, they are still driven by the fact that most Real Estate activity slows down near the end of the year and doesn’t pick up until the Spring in the Salem OR area.
Like most of the country, here in Salem OR, we are still dealing with high unemployment and declining values. Couple that with the fact that the small pool of buyers that are currently in the market tend to busy themselves with school, Holidays, and the fact that the long cold and rainy Winter months here in the Willamette Valley are not “feel good buying months”. All the better to get great discounts on Real Estate for buyers.
As sellers lean further into Fall with their home looming on the market, their motivations can heighten during this time. They understand that our market slows during those months and they also fear that their property will be worth less by Spring. No one enjoys losing money, and that fear can drive their motivation to get their house sold as soon as possible.
With the amazing low interest rates, now is an amazing time to experience some great Fall Discounts on Salem OR Real Estate!
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