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    NW Morrow Ct Salem, OR 97304

    For Sale
    $275,000

    LAND - Salem, OR

    Type:Single Family Residence
    Lot size:
    0.61 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 14 at 3:06 pm

    Property Features for NW Morrow Ct

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    RS
    APN
    544131
    Lot size
    0.61 Acres

    Matin Real Estate (971) 777-0025 [email protected]

    Listing agent Ellen Morehead (503) 447-3599

    Listing date Aug 28, 2025

    MLS# 715467966 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in Salem, Oregon

    This shovel-ready lot, situated in Salem, Oregon, is equipped with all utilities onsite, making it suitable for building a custom home. Located in Shadow Creek Estates, the property benefits from its location within a desirable school district, specifically Brush College and West Salem High. The lot offers convenient access to I-5, OR-99E, and OR-221. The lot size is approximately 0.61 acres. The zoning is RS.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.08156
    Latitude
    44.970151

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    FAQs

    What type of property is this?
    Residential land & home lot - Shovel-ready lot with utilities in desirable Salem location.
    Where is this residential land & home lot located?
    The property is located at NW Morrow Ct Salem, OR.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Shovel-ready lot with all utilities onsite.; - Located in desirable school district (Brush College & West Salem High).; - Seller willing to carry financing with a significant down payment.
    (503) 447-3599
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    NW Morrow Ct Salem, OR 97304
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