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5545 Skyline Rd, Salem
$1,250,000
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- Lot size
- 7.25 acres
- Property type
- Land
- Days on market
- 207
Overview
This beautiful 7.25-acre lot is level and gently sloped. The properties eastern edge is the boundary between Marion County and Salem. The site is an ideal candidate for annexation into the city which will transition UT-5 zoning to Residential and unlock huge development potential. The property has mature trees and large acreage neighbors to the north and west. This is an excellent location for a development connected to nature with great proximity to the city core. Property to the east was annexed and developed around 2020 with 19 homes built on less than 3 acres. Utilities and roads are at the property line in multiple locations waiting to be extended. The existing home is a habitable 1916 farmhouse with an attached apartment. Huge shop with 3 phase power, horse barn, and RV parking are also present.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 7.25 acres
- View
- Yes
- View description
- Territorial
Schools
- High school
- Sprague
- Middle school
- Crossler
- Elementary school
- Schirle
Location
- City
- Salem
- County
- Marion
- Zoning
- UT-5
Taxes and dues
- Annual taxes
- $4,341
Location
5545 Skyline Rd, Salem, OR 97301
Monthly payment estimate
$7,015 /mo
- Principal and interest
- $6,653
- Property tax
- $362
- Total
- $7,015
Estimate only, and not an offer of credit. Assumes 20% down ($250,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
