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$499,950

  • For Sale
  • Under Contract
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 2,129 Sq. Ft.
  • Updated 6 days ago

Listed By: ASHLEIGH. FORDHAM | Windermere Heritage | (503) 930-5512 and DEANNA. GWYN | Windermere Heritage | (503) 507-4815 | Agent: 503-930-5512

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Accepted Offer with Contingencies. Welcome to this spacious ranch-style home nestled in the highly desirable Laurel Springs neighborhood, Situated on a large .31 acre lot, this property offers approximately 2,129 square feet of comfortable living space with flexible options to fit your lifestyle. Inside, you'll find a versatile den or second living area, ideal for relaxing or entertaining. A back workroom provides the perfect opportunity for a home office, art studio or additional living space - a wonderful bonus for those who value creativity or remote work. Outside, the expansive yard offers ample space for landscaping, gardening or outdoor entertaining - surrounded by mature trees that define this classic, well-established community.Known for it's beautiful ranch-style homes, wide streets and tree-line charm, Laurel Springs is a neighborhood that combines timeless charm with modern livability. Don't miss the chance to make this Laurel Springs gem your own!

Full Property Details for 3420 Balsam Dr S

General

  • Price: $499,950
  • Taxes: $5,454 (2025)
  • Status: Under Contract
  • Type: Single Family
  • Source: WVMLS
  • MLS ID: 840861
  • Updated: 5/13/2026
  • Added to Site: 10 day(s) ago

Interior

  • Flooring: Carpet, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Color: White

Parking

  • Garage Description: Attached

Location

  • County: SOUTH SALEM
  • Subdivision: Laurel Springs Addition
  • Driving Directions: From Madrona Ave S, Turn Right onto Balsam Dr S

School Information

  • Elementary School: Candalaria
  • Middle School: Leslie
  • High School: South Salem

Heating & Cooling

  • Heating/Cooling: Gas, Forced Air
  • Water Heater: Gas

Utilities

  • Sewer: Yes
  • Water: City, Connected

Structural Information

  • Roof: Composition
  • Square Feet: 2,129
  • Year Built: 1970

Lot Features

  • Lot Size (Acres): 0.31
  • Lot Size (Sq. Ft.): 13,287
  • Zoning: SFR
  • Lot Description: 17

Financial Considerations

  • Price Per Sq. Ft.: $234.83
  • Assessment Year: 1970
  • Tax Amount: $5,454
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 17

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Schools serving 3420 Balsam Dr S

School District:Salem-Keizer School District 24j
NameGradesDistance
Candalaria Elementary School
935 Hansen Avenue South, Salem, OR 97302
K-50.5 mi
Leslie Middle School
3850 Pringle Road Southeast, Salem, OR 97302
6-82 mi
South Salem High School
1910 Church Street Southeast, Salem, OR 97302
9-121.6 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 3420 Balsam Dr S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/09/2026
Listed
$499,950
55.25%
MLS
4/24/2017
Sold
$322,023
—
Public Record
Get Price Alerts and Save Property
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 for 3420 Balsam Dr S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,454
—
$286,120
3%
2024
$5,454
3%
$277,790
3%
2023
$5,293
6%
$269,700
6%
2021
$4,998
-3%
$254,230
-3%
2022
$5,145
6%
$261,850
6%
2020
$4,853
7%
$246,830
3%
2019
$4,542
-2%
$239,650
3%
2018
$4,622
11%
$232,670
3%
2017
$4,172
5%
$225,900
3%
2016
$3,974
-1%
$219,330
3%
2015
$4,004
3%
$212,950
3%
2014
$3,875
2%
$206,750
3%
2013
$3,795
—
$200,730
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2273 Northtree Dr NE, Keizer, OR 97303 - Photo 1 Price Reduced
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Listed and Sold by RICK. MAURMANN | Coldwell Banker Mountain West Real Estate, Inc.

3420 Balsam Dr S, Salem, OR 97302 (MLS# 840861) is a Single Family property with 3 bedrooms and 2 full bathrooms. 3420 Balsam Dr S is currently listed for $499,950 and was received on May 09, 2026. Want to learn more about 3420 Balsam Dr S? 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.

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