
$220,000
Buy Now
Closing costs run 1% to 3% and cover owner's title insurance, settlement or escrow fee, recording fees. Financing costs are excluded. Transfer tax is excluded: rates run 0% to 4%+ and who pays is set by local custom and negotiable.
1961 single family home in Salem with 3 bedrooms, 1 bath, and 1,248 sq ft on a fenced lot with driveway and porch. This appeals to owner-occupants seeking FHA financing, fix-and-flip investors targeting mid-century properties, and landlords building rental portfolios. Get a structural inspection and title search to confirm no liens, verify the uninsured status means no insurance claim history, and scope the foundation and roof condition given the 60+ year age.
AI summary of the seller's listing; it may occasionally contain inaccuracies. Check the full description and inspect before bidding.
Salem, OR 97301
Open in Google MapsHUD (U.S. Department of Housing and Urban Development)
Seller on HUD Home Store
40/100
Low upside: bidding has already run close to typical resale value.
Scored from this listing's price against sold lots in its category, how many people are bidding, how much time is left, and how far bidding has run past the start. Recomputed on every scrape. Not investment advice.
Based on 200 comparable similar sold lots.
Median sold
$97,000
Pro shows the typical range and your estimated resale margin.
Unlock with ProEstimates from comparable past auctions. Excludes transport, buyer fees, and resale markup. Not investment advice.

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