new - 3 days on rocket

Sale Pending

1515 Royalty Dr, Salem, OR, 97301

$269,000

Home List Price

$3,194*

Closing Credit

3 Bedrooms
2 Full Baths
1,406 SqFt
$191/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1515 Royalty Dr, Salem$269,000

Buyer Closing Credits

$3,194*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Street Parking
Attached Garage2 spaces
Year Built1977
HeatingForced Air, Wood Stove
FireplaceStove, Wood Burning
ViewSeasonal View
MLS #24660794
Lot Size0.14 Acres
StatusSale Pending
(Pending)

About 1515 Royalty Dr

Attention investors and DIY enthusiasts! This 3-bedroom, 2-bath ranch is a prime fixer-upper with incredible potential. Offering a solid layout and spacious rooms, this home is the perfect canvas for a renovation project. With some updates and repairs, you can unlock significant equity in this desirable neighborhood. Whether you're looking to flip, rent, or customize for long-term value, this property is a great opportunity to invest and build. The large backyard offers potential for expansion or outdoor upgrades. Conveniently located near schools, parks, and shopping, this home is priced to sell and ready for your vision!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story, Ranch
  • Year Built: 1977
  • Stories: 1
  • Living Area: 1,406 SqFt

Listing Office:

  • Office Name: Premiere Property Group, LLC
  • Office Phone: (503) 670-9000
  • Listing Agent: Michele Bundy, Jaime Hudson

Interior Features

Interior Information:

  • Basement: No
  • Interior: Laundry, Wall to Wall Carpet
  • Fireplace: Stove, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Seasonal View
  • Exterior: Fence, Yard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Wood Stove

Other

Directions Information:

  • Directions: 45th Ave to Swegle Rd to Royalty

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,000
  • Price Per SqFt: $191/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Salem, OR.

Map thumbnail provided by MapBox

Salem, OR

City

Med. Sold Price

$437K

Med. Price/SqFt

$259

Avg. Days On Market

53

# of Sold Homes

91

1515 Royalty Dr vs Salem

3 DAYS ON ROCKET

-50 Days

$269,000

-$168K Less

$191/SqFt

-$68 Less

KEY TAKEAWAY

This property is $168K less than the Median Sold Price and $68/SqFt less than other homes in Salem, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24660794

Listing Office:

  • Office Name: Premiere Property Group, LLC
  • Office Phone: (503) 670-9000
  • Listing Agent: Michele Bundy, Jaime Hudson

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/5/2025, 1:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,410

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$873

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-459170
3
/10

  • Swegle Elementary School

  • 1751 Aguilas Ct NE

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-459171
2
/10

  • Chávez Elementary School

  • 2400 Walker Rd NE

  • 0.83 miles

  • Public District Grades KG-5

school-card-donut-459172
1
/10

  • Auburn Elementary School

  • 4612 Auburn Rd NE

  • 0.85 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,842. Residents of Salem, OR typically earn between $35k-100k each year. Typical family type is married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1515 Royalty Dr

What is the listing price of this property?

The listing price of 1515 Royalty Dr property is $269,000.

What type of property is this?

The property 1515 Royalty Dr is a house located in Salem, Oregon, 97301.

Is this property for sale now?

Sale Pending: 1515 Royalty Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

How many bedrooms and bathrooms does this property have?

The property at 1515 Royalty Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1515 Royalty Dr is 1,406 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1515 Royalty Dr is 1977.

Rocket Homes›Oregon›Marion County›Salem›97301›1515 Royalty Dr

This home is located at 1515 Royalty Dr in Salem, OR and zip code 97301 in the East Lancaster neighborhood. This 1,406 square foot home, which was built in 1977, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 01, 2025 and is currently priced at $269,000.

Salem, OR housing market in December 2024 saw over 19 listings sold above listed price, more than 39 sold at listed price and over 33 sold below. In December 2024 in Salem, OR there were 2.6% less homes for sale than in November 2024. Listings spent 53 days on the market in December 2024, and had a median list price of $437,096 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources