Last Sold Price
4 beds4 baths2,887 sqft$182/sqft
540 Rural Ave S, Salem, OR 97302

Property Details for 540 Rural Avenue South

Status
MLS #
-
Days on Market
-
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
-
MLS Type
Sale / Residential / Building / 1 / 1
Year Built
2008
Lot Size
0.08 AC / 3,485 SF

Recent comparable sales

Median sold price

$560,000

Avg days on market

66

Sale-to-list ratio

95.6%

Salem, OR

9 comparable properties found

a front view of a house with a yard and garage
1/42
1

$570,000

Sold 02/25/26

4
Bedrooms
2,714
Square Feet
0.15
Acres
$580,000 | 1453 Jordan Drive South, Salem, OR 97302
1/49
2

$580,000

Sold 07/03/25

4
Bedrooms
2,680
Square Feet
0.18
Acres
$545,000 | 2055 Summer Street Southeast, Salem, OR 97302
1/44
3

$545,000

Sold 04/03/26

4
Bedrooms
2,468
Square Feet
0.17
Acres
$560,000 | 3361 Bluff Avenue Southeast, Salem, OR 97302
1/49
4

$560,000

Sold 10/24/25

4
Bedrooms
2,856
Square Feet
0.19
Acres
$570,000 | 2649 Hoo Doo Drive Northwest, Salem, OR 97304
1/49
5

$570,000

Sold 11/22/24

4
Bedrooms
3,200
Square Feet
0.14
Acres
a house view with a garden space
1/37
6

$560,000

Sold 04/15/26

4
Bedrooms
3,190
Square Feet
0.19
Acres
7

$500,000

Sold 11/23/25

4
Bedrooms
3
Bathrooms
3,098
Square Feet
0.17
Acres
a black and white photo of a house
1/49
8

$640,000

Sold 07/28/25

4
Bedrooms
2,916
Square Feet
0.29
Acres
a view of a house with a outdoor space
1/42
9

$500,000

Sold 05/20/26

4
Bedrooms
2,530
Square Feet
0.16
Acres

Location

Add your commute

Building Information for 540 Rural Avenue South

Stories2Residences-Year Built2008Lot Size0.08 AC / 3,485 SF

Payment Calculator

$3,467 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,672

Property Taxes

$795

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property History for 540 Rural Avenue South

DateEvent & SourcePriceAppreciation
Sep 18, 2008

Sold (Public Record)

Public Record #254284015

$525,730
DateEvent & SourcePrice
09/18/2008

Sold (Public Record)

Public Record #254284015

$525,730

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 540 Rural Avenue South

Taxable ValueLand-Additions-Total-
Tax Record2025$9,535 ($795 / month)
Home Facts
Beds4Total Finished SqFt2,887 SqFtAbove Grade Finished SqFt2,887 SqFtStories2Lot Size3,485 SqFtStyleSingle Family ResidenceYear Built2008ZoningRSCountyMARIONAPN073W33AD01700

Schools near 540 Rural Avenue South

This home is within Salem-Keizer School District 24j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
McKinley Elementary School
PublicK to 5

Leslie Middle School
Public6 to 8

South Salem High School
Public9 to 12

Valley Inquiry Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 540 Rural Avenue South, Salem, OR 97302
$525,730
4
4
2,887
3,485
$440,000
3
4
2,434
3,485
3
3
1,978
3,485
$75,000
3
4
2,430
2,178
$373,000
1
2
2,330
2,178
$135,359
2
1
955
5,227

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

All information provided is deemed reliable but is not guaranteed and should be independently verified. The 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 brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: