Iraida B. Hermann, MBA

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Listing provided courtesy of Premiere Property Group, LLC- MLS# 396959605MLS Provider

550 SE 16TH STSalem, OR 97301

Single Family · 2 Beds · 1 Full Bath · 974 Sq. ft. | 0.12 Acres
$335,000 Pending

550 SE 16TH ST Overview

Time on Site:
19 days
Visits:
0

Move-in ready and full of charm! This beautifully updated single-level home features 2 bedrooms, 1 bathroom, updated flooring, a refreshed kitchen, new appliances, new water heater and a newer roof. The spacious primary bedroom offers high ceilings, creating an open and inviting retreat, while the dedicated laundry room adds everyday convenience. Outside, enjoy a fully fenced yard with a large driveway that accommodates RV parking, productive apple and pear trees, and established blueberry and raspberry bushes. The backyard is designed for relaxing and entertaining with a pergola-covered outdoor living area, fire pit, garden space, and plenty of room to enjoy the outdoors. A powered shop provides excellent space for hobbies, projects, or storage, and is complemented by an additional storage area for tools and equipment. Conveniently located just blocks from Aldrich Park and Bush Elementary, and a half mile away from Willamette University. Easy access to public transit, shopping, dining, and more. An ideal opportunity for first-time buyers, downsizers, or anyone seeking a well-maintained home with exceptional outdoor amenities.

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550 SE 16TH ST Facts & Features

  • Type Single Family
  • Sq. ft. 974
  • Price/Sq.ft. $344
  • Lot 0.12 Acres

Details

General

School Information

  • Elementary School: Bush
  • Middle Or Junior School: Leslie
  • High School: South Salem

Building Information

  • Year Built: 1910

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 174 - Marion Co: Central Salem

Tax Information

  • Tax Annual Amount: 1905.29
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 568489
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Partial: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 974.0

General Information

  • Accessibility Features: One Level
  • Appliances: Convection Oven,Dishwasher,ENERGY STAR Qualified Appliances,Free-Standing Range,Free-Standing Refrigerator,Microwave,Plumbed For Ice Maker,Stainless Steel Appliance(s)
  • Basement: Crawl Space
  • Cooling: None
  • Fireplaces Total: 0
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air
  • Interior Features: Ceiling Fan(s),High Ceilings,Laundry,Luxury Vinyl Plank
  • Security Features: None
  • Stories: 1
  • Window Features: Double Pane Windows,Vinyl Frames

Exterior

Parking Information

  • Parking Features: Driveway,On Street
  • Parking Total: 0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5227.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: 1 Story,Bungalow
  • Roof: Composition

General Information

  • Exterior Features: Fenced,Fire Pit,Garden,Patio,Porch,RV/Boat Storage,Tool Shed,Workshop,Yard
  • Sewer: Public Sewer

550 SE 16TH ST Neighborhood

Community

97301 (Salem) Demographics

33
Median Age
4,886
Population Density (per sq. mile)
25%
College Educated
$45,959
Estimated Median Income
8,297
Estimated Total Home Owners
11,013
Estimated Total Renters
43% / 57%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

550 SE 16TH ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

550 SE 16TH ST Market Data

Based on the last 30 days in this zip code

$419,594
Average List Price
$257
Average Price per Square Foot
62
Properties Sold
70
Average Days on Market
250
Properties for Sale
Calculations provided by Reliance Network

550 SE 16TH ST History

Date Event Value Agent
6/13/2026Source: Regional MLS Status Change
Pending
6/11/2026Source: Regional MLS Added to Database
June 11, 2026