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$615,000 Just Listed
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Property Description
Stunning 2,300 sq. ft. contemporary home in South Salem's Alderbrook Manor (No HOA). Features a private upstairs primary suite w/ walk-in closet and spa-like bath. Energy-efficient design includes interior brick thermal mass & a dramatic two-story window wall w/ solar blinds. Hardwood floors, 30' sunroom, skylights, and multiple living areas. Enjoy a backyard upgrade with a 48' x 15' paver patio, hard top gazebo & lush 0.23-acre lot. Near sought-after Faye Wright/Judson/Sprague schools and Minto-Brown Park.
Full Property Details
Full Property Details for 586 Welcome Way SE
General
- Price: $615,000
- Taxes: $7,195 (25-26)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 837857
- Updated: 3/3/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Carpet, Other(Refer to Remarks), Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage Description: Attached
Location
- County: SOUTHEAST SALEM
- Subdivision: Alderbrook Manor
- Driving Directions: From Commercial St, W on Welcome Way
School Information
- Elementary School: Faye Wright
- Middle School: Judson
- High School: Sprague
Heating & Cooling
- Heating/Cooling: Gas, Central AC, Forced Air
- Water Heater: Electric
Utilities
- Sewer: Yes
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 2,309
- Year Built: 1981
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Zoning: RS
- Lot Description: 9
Financial Considerations
- Price Per Sq. Ft.: $266.35
- Assessment Year: 1981
- Tax Amount: $7,195
- Tax Year: 25-26
Disclosures and Reports
- Lot Number: 9
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Schools
Schools serving 586 Welcome Way SE
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Wright Elementary School 4060 Lone Oak Road Southeast, Salem, OR 97302 | K-5 | 0.4 mi |
Judson Middle School 4512 Jones Road Southeast, Salem, OR 97302 | 6-8 | 0.4 mi |
Sprague High School, Salem, OR 2373 Kuebler Boulevard, Salem, OR 97302 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 586 Welcome Way SE
Date
Details
Price
Change
Source
3/03/2026
Listed
$615,000
43.02%
MLS
7/05/2019
Sold
$430,000
—
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 586 Welcome Way SE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,195
8%
$350,210
3%
2024
$6,676
3%
$340,010
3%
2023
$6,479
6%
$330,110
6%
2021
$6,118
-3%
$311,170
-3%
2022
$6,298
6%
$320,500
6%
2020
$5,939
7%
$302,110
3%
2019
$5,559
-2%
$293,320
3%
2018
$5,657
11%
$284,780
3%
2017
$5,106
5%
$276,490
3%
2016
$4,863
-1%
$268,440
3%
2015
$4,900
5%
$260,630
3%
2014
$4,662
5%
$253,040
4%
2013
$4,456
—
$244,090
—
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 586 Welcome Way SE
586 Welcome Wy SE, Salem, OR 97302 (MLS# 837857) is a Single Family property with 3 bedrooms and 2 full bathrooms. 586 Welcome Wy SE is currently listed for $615,000 and was received on March 03, 2026. Want to learn more about 586 Welcome Wy SE? Do you have questions about finding other Single Family real estate for sale in Croisan-Illahe? You can browse all Croisan-Illahe real estate or contact a Coldwell Banker agent to request more information.

