$215,000

734 Lancaster Dr SE Salem, OR 97317

$2,553
Closing credit¹
2 beds
1 full
720 sqft
0.2 acres
$299 / sqft
House

Property details

About 734 Lancaster Dr SE

CALLING ALL DEVELOPERS, BUILDERS, THOSE WITH VISION! This cute bungalow is on a pretty awesome large lot, yearning for improvement! SO MUCH POTENTIAL! Currently boarded up for safety (keeping out the riff-raff), but the potential is there. Solid slab foundation remaining for a detached garage (burned garage removed). This part of Lancaster and into Four Corners is happening, and what a great spot for commuters - easy access to major thoroughfares. Entry to wonderful neighborhood and neighbors down Glenwood Dr and into Four Corners. CHECK OUT THIS LOT Can be purchased together with house next door 716, RMLS#500075241. Offers subject to interior viewing. All details believed to be accurate but not guaranteed. Buyer to perform their own due diligence to their complete satisfaction.

Highlights

Home typeSingle Family Residence
StatusActive
Size720 sqft
Lot size0.2 Acres
Year built1950
ParkingDriveway, Street Parking
MLS #454018076

Summary

  • MLS Number: 454018076
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Call it Closed International, Inc
  • Office Phone: (503) 826-7300
  • Listing Agent: Wendy Ebster

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/6/2025, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of house featuring a shingled roof and a yard

$215,000

734 Lancaster Dr SE

$2,553

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 16, 2000
Home Sold
$25,000

Tax history

YearAssessmentProperty Tax
2023$98,560$2,163
2022$95,690$1,632
2021$92,910$1,632
2020$90,210$1,521
2019$87,590$1,486
2017$82,570$1,223

History based on county public records data.

Nearby schools

3

Four Corners Elementary School

Public District KG-5

0.3 mi

500 Elma Ave SE

3

Eyre Elementary School

Public District KG-5

1.0 mi

4868 Buffalo Dr SE

6

Miller Elementary School

Public District KG-5

1.0 mi

1650 46th Pl SE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,380. Typical income of Salem, OR residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

39%
<35k
59%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

59%
Single, No Kids
8%
Single, with Kids
24%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
20%
18-34 yrs old
38%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Horse RacesHorse Races
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • LongHorn SteakhouseLongHorn Steakhouse
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • CadillacCadillac

What do the neighbors listen to?

  • NewsNews
  • Contemporary InspirationalContemporary Inspirational
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 734 Lancaster Dr SE

This home is located at 734 Lancaster Dr SE in Salem, OR and zip code 97317 in the Four Corners neighborhood. This 720 square foot home, which was built in 1950, sits on a 0.20 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $215,000.

In March 2025 more than 30 listings in Salem, OR were sold above the asking price. During the same period more than 27 listings were sold at asking price, while more than 20 were sold below. The number of homes for sale in Salem, OR increased by 5.1% between February and March 2025. The median list price of listings available in March 2025 was $438,166, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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