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$340,000
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Property Description
PRICE REDUCED! Charming home offering 2 bedrooms, 1 bathroom, and 1,536 square feet of living space. Major improvements completed within the last two years provide added peace of mind, including PEX plumbing, a new electrical panel, solar panels, an EV charging station, and four new main-floor windows. Both the home and detached garage received new roofs in 2021. Original hardwood floors add character to the main level, while the remodeled bathroom in 2023 enhances comfort and functionality.The daylight basement offers additional flexibility with a potential third bedroom, family room, and storage area-ideal for guests, hobbies, a home office, or multi-purpose living space. Outside, the large lot features a partially fenced backyard, fruit trees, and plenty of room for gardening, entertaining, or outdoor activities. The spacious detached two-car garage provides ample space for parking, storage, or a workshop.Conveniently located by parks, shopping, dining, and I-5 access, this home offers easy access to everyday amenities and recreation. Enjoy being just 4 miles from the Willamette River, Riverfront Park, and the scenic riverfront corridor. Schedule your showing today!
Full Property Details
Full Property Details for 278 Draper St NE
General
- Price: $340,000
- Taxes: $2,081 (2025)
- Status: Active
- Type: Single Family
- Source: RWMLS
- MLS ID: 306015062
- Updated: 8/25/2026
- Added to Site: 112 day(s) ago
Interior
- Interior Features: Hardwood Floors, Vinyl Floor
- Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Main
- Bedroom 2: Main
Other Rooms
- Living Room: Main
- Family Room: Lower
- Kitchen: Main
- Dining Room: Main
Exterior
- Exterior Features: Patio, Yard
Parking
- Garage: Yes
- Total Spaces: 2
- Parking Features: Driveway, Off Street
Location
- County: Marion
- Driving Directions: Draper St
School Information
- Elementary School: Four Corners
- Middle School: Houck
- High School: North Salem
Community
- Community Name: 175 - Marion Co: East Salem S
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: 1 Story
- Basement Desc.: Daylight, Full Basement, Partially Finished
- Roof: Composition
- Windows: Vinyl Frames
- Stories/Levels: 2
- Square Feet: 1,536
- Year Built: 1953
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Lot Size: 7, 000 to 9, 999 SqFt
- Frontage: Paved
- Lot Features: Cul-de-sac
Financial Considerations
- Tax Amount: $2,081.16
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: DRAPERS GARDENS, BLOCK 1, LOT 3, ACRES 0.225
- Disclosures/Reports: Disclosure
- Property ID: 547152
Listed by eXp Realty, LLC (888) 814-9613, Andrey Kolesnikov (503) 880-4152
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Schools
Schools serving 278 Draper St NE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Four Corners Elementary School 500 Elma Avenue Southeast, Salem, OR 97317 | K-5 | 0.6 mi |
Houck Middle School 1155 Connecticut, Salem, OR 97301 | 6-8 | 1.1 mi |
North Salem High School 765 14th Street Northeast, Salem, OR 97301 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 278 Draper St NE
Date
Details
Price
Change
Source
8/18/2026
Price Reduced
$340,000
-2.86%
MLS
7/23/2026
Price Reduced
$350,000
-4.11%
MLS
6/23/2026
Listed
$365,000
21.38%
MLS
12/12/2023
Sold
$300,700
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 278 Draper St NE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,081
3%
$121,040
3%
2024
$2,014
-17%
$117,520
3%
2023
$2,428
-8%
$114,100
6%
2021
$2,647
9%
$107,560
-3%
2022
$2,439
-2%
$110,780
6%
2020
$2,487
11%
$104,430
3%
2019
$2,233
6%
$101,390
3%
2018
$2,103
16%
$98,440
3%
2017
$1,816
34%
$95,580
3%
2016
$1,360
1%
$92,800
3%
2015
$1,346
9%
$90,100
3%
2014
$1,237
1%
$87,480
3%
2013
$1,230
—
$84,940
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 278 Draper St NE
278 Draper St NE, Salem, OR 97301 (MLS# 306015062) is a Single Family property with 2 bedrooms and 1 full bathroom. 278 Draper St NE is currently listed for $340,000 and was received on June 23, 2026. Want to learn more about 278 Draper St NE? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

