Property listing for 4573 Century Dr, Salem, OR 97302
ActiveSingle Family Home

$685,000

4573 Century Dr, Salem, OR 97302

Remodeled South Salem Mid‑Century with Sweeping Valley Views

4 Bed · 2.5 Bath · 2,260 Sq Ft

Turnkey 4-bed, 2.5-bath split home with walkout basement and large deck.

4

Beds

2.5

Baths

2,260

Sq Ft

1973

Built

0.21 acres

Lot

No garage — driveway & street parking

Garage

About 4573 Century Dr

4573 Century Dr presents a rare combination in South Salem: a thoughtfully remodeled mid‑century split home with broad valley views and a finished walkout basement. Inside, warm wide‑plank luxury vinyl floors flow through an open main level that was reworked with designer finishes — quartz countertops, GE Café appliances, brand‑new soft‑close cabinetry, and stylish tile work that elevates the kitchen and baths. Electrical systems were fully updated during the renovation, reducing near‑term maintenance concerns for the next owners.

The home's layout is built for both everyday life and entertaining. The main level opens to an expansive deck oriented to capture the view; below, a covered patio expands outdoor living options and provides sheltered access to the yard. The finished walkout basement gives you a second living area ready for a family room, workout studio, or dedicated home‑school space. An oversized laundry room — complete with sink and generous counter space — keeps household tasks out of the primary kitchen footprint.

Bedrooms are well apportioned across levels to provide privacy and flexible use. The remodeled baths and updated finishes mean you can move in and start enjoying the home immediately. The .21‑acre lot sits on a sloping site that amplifies the views while offering garden and play areas. Although there is no attached garage, the property includes ample driveway and street parking and room to consider a future garage (subject to permits).

Located in established South Salem, the home is a short drive to neighborhood shopping and dining, and within easy reach of major commuter routes. If you value a quiet residential street, a finished lower level that adds real livable square footage, and standout views from the upper deck, 4573 Century Dr delivers a turnkey package with strong buyer appeal.

Home Highlights

Remodeled kitchen with quartz counters and GE Café appliancesFinished walkout basement adds flexible living areaExpansive deck with sweeping valley viewsOversized laundry with sink and generous counter spaceMove-in ready condition with new electrical

Property Features

Interior Features

  • 4 bedrooms, 2.5 bathrooms across split-level layout
  • Approximately 2,260 sq ft of finished space
  • Wide-plank luxury vinyl floors (contemporary oak tone)
  • Quartz countertops and designer tile
  • GE Café appliances and new soft-close cabinetry
  • Walkout finished basement ideal for family room or home gym
  • Oversized laundry room with sink and folding counter
  • All-new electrical in recent remodel

Exterior & Lot

  • Large view deck oriented to valley vistas
  • Covered lower patio for sheltered outdoor living
  • Lot size ~0.21 acres (9,147 sq ft)
  • Sloping lot provides privacy and walkout basement access
  • Driveway and on-street parking; potential to add garage (verify permits)

Location & Neighborhood

  • South Salem / South Hills neighborhood — established residential area
  • Short drive to South Salem shopping and dining
  • Reasonable commute access to I-5 and downtown Salem
  • Community oriented, family-friendly streets

Walkability & Recreation

  • Walkability Rating: 45/100
  • Nearby parks and trails within a few miles (Minto-Brown Island, Riverfront Trail)
  • Easy access to neighborhood green spaces and recreational facilities

Neighborhood & Location

South Salem's established neighborhoods mix mature landscaping, varied architecture, and easy access to shopping corridors and parks. The South Hills area offers homes on larger lots and elevated sites with valley views. Residents benefit from a suburban feel with short drives to downtown Salem amenities and regional commuter routes.

Market Insights

South Salem remains a sought-after segment of the Salem market in 2026, particularly for well-maintained single-family homes on larger lots or with special features like views or finished basements. Inventory has been relatively constrained compared with long-term averages, which supports quicker sales and smaller negotiation windows for turnkey homes. Median sale prices across Salem are below this listing's price due to size and view premium — expect competing buyers to include families seeking extra space and those prioritizing low-maintenance, move-in-ready condition. For sellers, pricing slightly above neighborhood medians is appropriate when backed by recent high-quality renovations and documented system updates; for buyers, confirm condition with inspections and focus on comparable sales within the last 6–12 months to validate the premium.

Nearby Schools

South Salem High School

High · Approx. 2.5–3.5 mi

6/10

Local South Salem Middle School (Salem-Keizer SD attendance varies)

Middle · Approx. 1.5–3.0 mi

6/10

Local South Salem Elementary (Salem-Keizer SD attendance varies)

Elementary · Approx. 0.5–2.0 mi

6/10

Walkability & Recreation

45
Walkability
80
Recreation

Strong access to regional parks and riverfront trails within a short drive; neighborhood green spaces and walking routes nearby.

Investment Highlights

  • Fully remodeled interior with modern finishes and new electrical
  • Large walkout finished basement for flexible living or income potential
  • Expansive upstairs deck and covered lower patio capturing valley views
  • Generous lot (~0.21 acres) in established South Salem neighborhood
  • Move-in ready condition reduces near-term capital expenditure

Key Findings

  • List price: $685,000 (2,260 SF; $303/SF).
  • 4 beds / 2.5 baths, built 1973; recent high-quality remodel.
  • Sloping lot with walkout basement and commanding valley views.
  • No attached garage listed; driveway and street parking available.
  • Located in Salem-Keizer School District (verify exact attendance zones).

Things to Consider

  • No detailed mechanical/roof disclosures in provided data — verify age and condition of HVAC, roof, and major systems.
  • No garage could limit appeal for buyers prioritizing covered parking; potential permit-dependent expansion costs.
  • Exact school assignments, taxes, and zoning specifics require confirmation with local authorities.

Opportunity Analysis

Turnkey owner-occupier acquisition or value-preservation rental: purchase to capture premium for remodeled finishes and views, hold for steady neighborhood appreciation, or convert basement to formalized income unit where zoning and permits allow.

Potential Use Scenarios

  • Market to owner-occupiers and downsizers highlighting turnkey condition and view deck.
  • Stage the main living area and deck to maximize perceived view and indoor-outdoor flow.
  • Explore permitted ADU or garage addition feasibility with City of Salem to increase long-term value.
  • Obtain inspection and roof/HVAC reports pre-list to reduce buyer contingencies and speed sale.

Risk Factors

  • Permit risk for any significant exterior additions on sloped lot.
  • Market sensitivity if interest rates rise or inventory increases.
  • Potential hidden maintenance items not disclosed in scraped data.

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$655K

Midpoint

$685K

High

$715K

$303/SF estimated price per square foot

65% confidence

Estimate anchored to current list price of $685,000 and property characteristics (4 beds, 2.5 baths, 2,260 SF) with adjustments for recent remodel, valley views, lot size (0.21 ac), and South Salem market context. No live MLS comps searched — verify with local sale comps and appraisal.

As of 2026-03-14

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$520,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+200.0%

Demographics

Population (1 mi)8,000
Median Income (1 mi)$65,000

South Salem is a mature suburban area with steady demand from families and buyers seeking larger lots and views. Population and income estimates are approximate and should be verified.

Nearby Points of Interest

  • South Salem retail / shopping (1-2 mi)
  • I-5 access (3-5 mi)

South Salem offers a mix of established residential neighborhoods, grocery and retail corridors, and parks. Minto-Brown Island Park and the Willamette River trails are among larger outdoor destinations within a few miles; downtown Salem amenities are a short drive.

School District

DistrictSalem-Keizer School District
ElementaryLocal public elementary: part of Salem-Keizer SD (verify exact school assignment; likely South Salem-area elementary within 1-2 miles)
MiddleLocal public middle: part of Salem-Keizer SD (verify assignment)
HighSouth Salem High School (Salem-Keizer SD) — commonly serves south Salem neighborhoods (verify assignment)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1973
Constructionwood frame (assumed)
Stories2
Heatinglikely forced air (gas) / newer electrical update noted (verify)
Coolingnone listed (central AC unlikely; window/portable or ductless possible)
Basementfull walkout finished
FireplaceNo
Conditionexcellent

Lot & Site

Lot Size0.2099 acres (9,147 SF)
Topographysloping
Parkingdriveway_and_street
Parking Spaces4

Utilities

WaterCity of Salem (likely)
SewerCity of Salem (likely)
ElectricPortland General Electric (likely)
GasNW Natural (likely)

Zoning & Land Use

DescriptionSingle-family residential zoning (city zoning - verify exact R designation with City of Salem)
JurisdictionCity of Salem

Allowed Uses

Single family residenceAccessory dwelling unit with permitsHome based business subject to local rules
Current Useresidential

Tax & Sale History

Tax Assessment

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