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5407 Terra Cotta Dr, Salem, OR, 97306

$524,900

Home List Price

$6,233*

Closing Credit

3 Bedrooms
2 Full Baths
1,820 SqFt
$288/SqFt
House

Location

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5407 Terra Cotta Dr, Salem$524,900

Buyer Closing Credits

$6,233*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Street Parking
Attached Garage2 spaces
Year Built2017
HeatingForced Air
CoolingCentral Air
FireplaceGas Fireplace
MLS #24308686
Lot Size0.19 Acres
StatusActive

About 5407 Terra Cotta Dr

Charming one-level Banner home in highly sought-after South Salem! This thoughtfully designed Great Room floorplan boasts vaulted ceilings & oversized windows, creating an airy, light-filled space. Featuring engineered laminate flooring & beveled quartz countertops, the kitchen will delight any chef with a gas range, oversized pantry, and abundance of counter space.The luxurious owner’s suite offers: trayed ceiling, spacious WIC, and a spa-inspired step-in shower w/pebble flooring & floor lighting. Enjoy the warmth of the indoor/outdoor gas fireplace, perfect for cozy evenings & year-round outdoor entertaining. Conveniently located near medical facilities, Costco, and easy access to I-5. Don’t miss this incredible opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 2017
  • Stories: 1
  • Living Area: 1,820 SqFt

Listing Office:

  • Office Name: Windermere Heritage
  • Office Phone: (503) 558-4400
  • Listing Agent: Chris Aldrich

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave
  • Basement: No
  • Flooring Type: Tile
  • Interior: Sprinkler, Vaulted Ceiling(s)
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence, Outdoor Fireplace, Sprinklers, Yard

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Battle Creek South of Kuebler to Terra Cotta

Price Information

Listing Price Info

Price Summary:

  • List Price: $524,900
  • Price Per SqFt: $288/SqFt
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Housing Market Comparison

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

Med. Sold Price

$435K

Med. Price/SqFt

$260

Avg. Days On Market

50

# of Sold Homes

67

5407 Terra Cotta Dr vs Salem

1 DAY ON ROCKET

-49 Days

$524,900

+$89.9K More

$288/SqFt

+$27 More

KEY TAKEAWAY

This property is $89.9K more than the Median Sold Price and $27/SqFt more 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: #24308686

Listing Office:

  • Office Name: Windermere Heritage
  • Office Phone: (503) 558-4400
  • Listing Agent: Chris Aldrich

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 © 2024 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: 12/21/2024, 10:21:00 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

$2,687

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-691584
3
/10
  • Lee Elementary School

  • 5650 Venice St SE

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-691585
7
/10
  • Pringle Elementary School

  • 5500 Reed Ln SE

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-691586
4
/10
  • Battle Creek Elementary School

  • 1640 Waln Dr SE

  • 1.24 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,958. Residents of Salem, OR typically earn between $35k-100k each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5407 Terra Cotta Dr

What is the listing price of this property?

The listing price of 5407 Terra Cotta Dr property is $524,900.

What type of property is this?

The property 5407 Terra Cotta Dr is a house located in Salem, Oregon, 97306.

Is this property for sale now?

Active Listing: 5407 Terra Cotta Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5407 Terra Cotta Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5407 Terra Cotta Dr is 1,820 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5407 Terra Cotta Dr is 2017.

Rocket HomesOregonMarion CountySalem973065407 Terra Cotta Dr

This home is located at 5407 Terra Cotta Dr in Salem, OR and zip code 97306 in the South Gateway neighborhood. This 1,820 square foot home, which was built in 2017, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $524,900.

Salem, OR housing market in November 2024 saw over 20 listings sold above listed price, more than 24 sold at listed price and over 23 sold below. In November 2024 in Salem, OR there were 11% less homes for sale than in October 2024. While the average time on the market in November 2024 was 50 days, the median list price was $435,000.

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

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