Date
Details
Price
Change
Source
5/08/2026
Listed
$409,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$409,900 Just Listed
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Property Description
OPEN MAY 9 1-3 PM! Beautifully updated move-in-ready home located on a quiet dead end street near schools, shopping and everday conveniences. This home has been extensively remodeled with major updates completed, including a new roof, gutters, windows, siding, electrical, kitchen, bath, doors, insulation, paint, new electric fireplace with modern finishes throughout. Clean bright layout. Oversized 2 car garage, room for RV parking, or a potential ADU. No neighbors in back, fenced, new landscaping. Owner is Licensed Oregon principal broker
Full Property Details
Full Property Details for 386 40th Pl SE
General
- Price: $409,900
- Taxes: $2,247 (25-26)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 840794
- Updated: Today (5/8/2026)
- Added to Site: Today
Interior
- Flooring: Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Color: White
Parking
- Garage Description: Attached
Location
- County: SUBURBAN E SALEM/SOUTH
- Subdivision: Leo N Childs
- Driving Directions: Lancaster to E on Mahrt and E on 40th Pl SE
School Information
- Elementary School: Four Corners
- Middle School: Houck
- High School: South Salem
Heating & Cooling
- Heating/Cooling: Gas, Forced Air
- Water Heater: Electric
Utilities
- Sewer: Yes
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 1,056
- Year Built: 1952
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Description: 5
Financial Considerations
- Price Per Sq. Ft.: $388.16
- Assessment Year: 1952
- Tax Amount: $2,247
- Tax Year: 25-26
Disclosures and Reports
- Lot Number: 5
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NMLS#: 1598647
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Schools
Schools serving 386 40th Pl SE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Four Corners Elementary School 500 Elma Avenue Southeast, Salem, OR 97317 | K-5 | 0.3 mi |
Houck Middle School 1155 Connecticut, Salem, OR 97301 | 6-8 | 0.8 mi |
North Salem High School 765 14th Street Northeast, Salem, OR 97301 | 9-12 | 2.4 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 386 40th Pl SE
Tax History
Tax History for 386 40th Pl SE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,248
3%
$131,960
3%
2024
$2,175
2%
$128,120
3%
2023
$2,127
7%
$124,390
6%
2021
$1,988
-1%
$117,260
-3%
2022
$2,006
7%
$120,770
6%
2020
$1,867
2%
$113,850
3%
2019
$1,825
-1%
$110,540
3%
2018
$1,841
19%
$107,330
3%
2017
$1,541
4%
$104,210
3%
2016
$1,483
2%
$101,180
3%
2015
$1,452
9%
$98,240
3%
2014
$1,338
2%
$95,380
3%
2013
$1,314
—
$92,610
—
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 386 40th Pl SE
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- Duplex
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 960Sq. Ft.
Listed By: TANNER. MORGAN | First Commercial Real Estate
- Condo
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- 2Beds
- 2Total Baths
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Listed By: KAY. JOHNSON | Windermere Pacific West Prop
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
- 1,812Sq. Ft.
Listed By: DENISE. BUSCH | Paramount Real Estate Services
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 1,806Sq. Ft.
Listed By: EDDIE. ZAPIEN | Works Real Estate
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- Single Family
- Active
- Updated 2 hours ago
- 4Beds
- 3Total Baths
- 3,046Sq. Ft.
Listed by Bella Casa Real Estate Group, DiNae Fitzke
- Condo / Townhouse
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,746Sq. Ft.
Listed by Heart & Soul Realty, Tyesha McDougal
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 1,056Sq. Ft.
Listed by HomeSmart Realty Group, Bob Shackelford
- Manufactured Home
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,152Sq. Ft.
Listed by Works Real Estate, Zachary Thompson
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- Single Family
- Closed
- 2Beds
- 1Total Bath
- 964Sq. Ft.
Listed By: ZACHARY. ZEEK | Homesmart Realty Group
Sold by JIM. SPARKMAN | Homesmart Realty Group
Sold by JIM. SPARKMAN | Homesmart Realty Group
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,456Sq. Ft.
Listed By: SHELLY. SAMSON | Windermere Heritage
Sold by LEONEL. SERRANO GASPAR | Realty Of America, Llc
Sold by LEONEL. SERRANO GASPAR | Realty Of America, Llc
- Single Family
- Sold
- 3Beds
- 2Total Baths
- 1,456Sq. Ft.
Listed by Windermere Heritage, Chris Aldrich
Sold by Realty of America, LLC, Leonel Serrano Gaspar
Sold by Realty of America, LLC, Leonel Serrano Gaspar
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,408Sq. Ft.
Listed By: LUPITA. GARCIA ROJAS | Realty One Group Willamette Valley
Sold by HECTOR. MACIEL | John L. Scott-Salem
Sold by HECTOR. MACIEL | John L. Scott-Salem
386 40th Pl SE, Salem, OR 97317 (MLS# 840794) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 386 40th Pl SE is currently listed for $409,900 and was received on May 08, 2026. Want to learn more about 386 40th Pl SE? 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.