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Listed by ROBERT VANLEUVEN • REALTY ONE GROUP WILLAMETTE VALLEY • Cell: 503-428-1741

$390,000

Est. payment - /mo

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3 Beds

1.5 Baths

1,996 SqFt

Price Dropped by $10K

1082 Cascade Dr NW NW Salem, OR 97304

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Key Details

Property Type Single Family Home

Sub Type Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,996 sqft

Price per Sqft $195

Subdivision Kingwood Terrace

MLS Listing ID 831047

Bedrooms 3

Full Baths 1

Half Baths 1

Year Built 1941

Annual Tax Amount $3,445

Tax Year 2024

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Residence

Property Description

Save $$$ with this rare opportunity to assume an amazing 3.75% loan with an approximate balance of $237,771, or bring your own financing. This nearly 2,000 sq ft home sits on a large fenced lot and features an updated kitchen, bathroom, and living room. A 4.9 kW solar panel system, with an assumable loan of approximately $90 per month, keeps electricity costs very low—sellers report their average bill is only about $50 per month. The property also offers alley access to the backyard and the potential for an ADU or possible lot subdivision (buyer to do due diligence). Motivated sellers—don't miss this one.

Location

State OR

County Polk

Area 60 Northwest Salem

Rooms

Other Rooms Breakfast Room/Nook, Other(Refer to Remarks)

Basement Daylight

Primary Bedroom Level 1/Main

Dining Room Area (Combination)

Interior

Hot Water Electric

Heating Electric, Solar, Wood, Forced Air

Cooling Electric, Solar, Wood, Forced Air

Flooring Carpet, Luxury Vinyl Plank

Fireplaces Type Family Room, Living Room

Inclusions any

Exterior

Parking Features None

Fence Yes

View Territorial

Roof Type Composition,Shingle

Garage No

Building

Foundation Continuous

New Construction No

Schools

Middle Schools Walker

High Schools West Salem

Others

Senior Community No

Acceptable Financing Federal VA, Cash, ODVA, FHA, Conventional, Other (Refer to Pvt Rmks)

Listing Terms Federal VA, Cash, ODVA, FHA, Conventional, Other (Refer to Pvt Rmks)

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Edel Lopez

Broker | License ID: 201224741

+1(503) 800-7006