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Single Family ResidenceResidential
$648,424$265 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $425,000 on Nov 5, 2019

3240 BALSAM DR S

SALEM, OR 97302
3
Beds
1.5
Baths
2,445 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.28 ac
Lot SizeThe size of the land the home sits on, from county records.
1988
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
1
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$648K
$613K low$684K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$425,000 · Nov 5, 2019

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,780 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$408,140 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$396,260
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$654,640

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMARION
Lot (acres)The size of the land the home sits on, from county records.0.28
RoofThe main material covering the roof, such as asphalt shingle or tile.Roll Composition (rolled Mineral Roof)
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 302 ft²Patio · 302 ft²

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Candalaria Elementary SchoolB-
Elementary · Grades KG–5 · 0.3 mi
H
South Salem High SchoolC+
High · Grades 9–12 · 1.4 mi
M
Leslie Middle SchoolC+
Middle · Grades 6–8 · 2.0 mi

District: Salem-Keizer School District 24j

Neighborhood · ZIP 97302These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.121
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.164

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.26%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.41,979
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,708 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$80,069
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$103,288
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

3240 Balsam Dr S measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 83% of homes in Salem 97302
  • Bigger than 82% of homes in Marion County
  • Has a bigger lot than 79% of homes in Salem 97302
  • Newer than 75% of homes in Salem 97302

What homes are worth in Salem 97302

Each bar is how many homes fall in that price range. The marker is this home.

This home
$264K$1.2M

This home is worth more than 83% of homes in Salem 97302.

How it measures up in Salem 97302

The dot is this home. The mark in the middle is the typical home in Salem 97302.

Estimated value$648,424
CheaperTypical $462,133Pricier

Pricier than 83% of homes nearby

Price per ft²$265
CheaperTypical $271Pricier

Pricier than 45% of homes nearby

Living area2,445 ft²
SmallerTypical 1,789 ft²Bigger

Bigger than 75% of homes nearby

Lot size0.28 ac
SmallerTypical 0.2 acBigger

Bigger than 79% of homes nearby

Year built1988
OlderTypical 1967Newer

Newer than 75% of homes nearby

How 3240 Balsam Dr S ranks against every home in each area.
MeasureThis homeSouthwestSalem 97302Marion County
Estimated valuepricier than$648,42471% of homes83% of homes83% of homes
Price per ft²pricier than$26551% of homes45% of homes36% of homes
Living areabigger than2,445 ft²63% of homes75% of homes82% of homes
Lot sizebigger than0.28 ac71% of homes79% of homes72% of homes
Year builtnewer than198869% of homes75% of homes60% of homes

About 3240 Balsam Dr S

How much is 3240 Balsam Dr S, Salem, OR worth?

The TopHap Estimate for 3240 Balsam Dr S, Salem, OR is $648,424 as of Aug 30, 2026. The likely range is $613,068 to $683,780. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3240 Balsam Dr S, Salem, OR last sell?

3240 Balsam Dr S, Salem, OR last sold on Nov 5, 2019 for $425,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 3240 Balsam Dr S, Salem, OR?

3240 Balsam Dr S, Salem, OR has 3 bedrooms, 1.5 bathrooms, 2,445 square feet of living space and a 0.28-acre lot.

When was 3240 Balsam Dr S, Salem, OR built?

3240 Balsam Dr S, Salem, OR was built in 1988, making it 38 years old. The building has 2 stories.

What schools serve 3240 Balsam Dr S, Salem, OR?

3240 Balsam Dr S, Salem, OR is assigned to Candalaria Elementary School (elementary), rated B-; South Salem High School (high), rated C+; Leslie Middle School (middle), rated C+. All sit in Salem-Keizer School District 24j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3240 Balsam Dr S, Salem, OR compare to other homes in Salem 97302?

Among the 12,455 homes in Salem 97302, it is worth more than 83% of them ($648,424 against a typical $462,133), its price per square foot is higher than 45% of them ($265 against a typical $271), it is bigger than 75% of them (2,445 ft² against a typical 1,789 ft²), its lot is bigger than 79% of them (0.28 ac against a typical 0.2 ac) and it is newer than 75% of them (1988 against a typical 1967). Measured against all of Marion County, it is worth more than 83% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 3240 Balsam Dr S, Salem, OR?

The 2024 property tax bill for 3240 Balsam Dr S, Salem, OR was $7,780. The county assessed it at $408,140.

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