5461 Monterey Dr SE, Salem, OR 97306
Property image
Property image
OFF MARKET
Listed by MELISSA STONE, Smi Real Estate, (503) 508-7278 . Bought with Windermere Mid Valley

$546,500

Last sold price
  • 4 Beds
  • 2.5 Baths
  • 2,393 sqft

5461 Monterey Dr SE, Salem, OR 97306

South Gateway
Currently Off Market - Sold Sep 22, 2025 for $546,500

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2870 Bridgeport Ave SE, Salem, OR
0.17
Single-Family Home
$545,000
09/19/25
4
2.5
2,388
5413 Terra Cotta Dr SE, Salem, OR
0.16
Single-Family Home
$575,000
10/31/25
4
2.5
1,992
2749 Merced Ct SE, Salem, OR
0.13
Single-Family Home
$629,900
02/27/26
4
2.5
2,598
2943 Monterey Ct SE, Salem, OR
0.21
Single-Family Home
$585,000
07/22/26
4
2.5
2,516
2696 Eastlake Dr SE, Salem, OR
0.15
Single-Family Home
$500,000
07/10/26
4
3
2,029
2834 Bastille Ave SE, Salem, OR
0.13
Single-Family Home
$516,000
05/08/26
4
2
1,990
2675 Eastlake Dr SE, Salem, OR
0.19
Single-Family Home
$510,000
10/15/25
4
2.5
2,066
2677 Fort Rock Ct SE, Salem, OR
0.29
Single-Family Home
$500,000
06/15/26
4
3
2,172

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2731 Bastille Ct SE, Salem, OR 97306
0.04
$535,700
3
2.5
2,025
Off Market
5477 Monterey Dr SE, Salem, OR 97306
0.06
$493,700
3
2
1,720
Off Market
2732 Bastille Ct SE, Salem, OR 97306
0.06
$439,000
3
2
1,427
Recently Sold
2687 Tahoe Ave SE, Salem, OR 97306
0.08
$517,100
3
2
1,912
Off Market
2677 Tahoe Ave, Salem, OR 97306
0.08
$572,200
4
2
2,313
Off Market
2647 Tahoe Ave SE, Salem, OR 97306
0.09
$494,300
3
2
1,652
Off Market
5415 Catalina St SE, Salem, OR 97306
0.12
$534,200
4
2.5
2,281
Off Market
2833 Bastille Ave SE, Salem, OR 97306
0.11
$517,400
4
2.5
1,977
Off Market
2794 Vintage Ave SE, Salem, OR 97306
0.12
$557,000
4
4
2,175
Recently Sold
5388 Monterey Dr SE, Salem, OR 97306
0.12
$437,200
3
2
1,500
Off Market
2758 Avalon Ave SE, Salem, OR 97306
0.11
$523,700
4
2
1,964
Off Market

Local Information

  • Map ViewExplore the area around 5461 Monterey Dr SE.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1995
2,393 sqft
2 Car Garage
HOA $8/mo

About this House

Back on market, no fault of home! Immaculate 4 Bed, 3 Bath home located in the desirable Sunset Meadows neighborhood features stunning mountain views from the primary! Formal LR with gas FP, spacious FR, and formal DR + breakfast nook provide flexible living & entertaining space. Open kitchen features a large island & granite counters. Updated lighting. Custom-built garage storage. Fully-fenced and private yard. HVAC 2023. Roof & wat htr 2019. Extra parking/pad. Close to Lee Elementary, shopping, & I-5!
5461 Monterey Dr SE, Salem, OR 97306 is a 4 bedroom, 3 bathroom, 2,393 sqft single-family home in South Gateway, built in 1995. It last sold for the $544,000 asking price on Sep 22, 2025. This property is not currently displayed as for sale or rent on Trulia.

Home Details for 5461 Monterey Dr SE

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2393 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Electric Range, Microwave, Gas Water HeaterDishwasherDisposalLaundry: Main LevelMicrowave
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: Gas, Living RoomHas a Fireplace
Gas & Electric
Electric: 1/Main
Windows, Doors, Floors & Walls
Flooring: Carpet, Wood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Wood
View
Has a ViewView: Territorial
Security
Security: Security System Owned

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Covered DeckFencing: FencedOther Structures: Shed(s), RV/Boat StorageExterior: TanFoundation: Continuous
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1995
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Fiber Cement, Lap SidingNot a New Construction
Property Information
Not Included in Sale: PianoIncluded in Sale: Refrigerator, W/D

Price & Status

Price
List Price: $544,000
Status Change & Dates
Off Market Date: Mon Sep 22 2025Possession Timing: COE

Active Status

MLS Status: SOLD

Media

Location

Direction & Address
City: SalemCommunity: Sunset Meadows Ph 2
School Information
Elementary School: LeeJr High / Middle School: JudsonHigh School: South Salem

Building

Building Area
Building Area: 2393 Square Feet

Community

Not Senior Community

HOA

Has an HOAHOA Fee: $100/Annually

Lot Information

Lot Area: 7638 sqft

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, VA Loan, FHA, ODVA

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 829580Attribution Contact: Cell: 503-508-7278

Price and Tax history

DateEventPrice
Sep 22, 2025
Source: WVMLS #829580
Sold
$546,500
Sep 18, 2025
Source: WVMLS #829580
Pending
$544,000
Aug 22, 2025
Source: WVMLS #829580
Contingent
$544,000
Aug 22, 2025
Source: WVMLS #829580
PendingToActive
$544,000
Jul 25, 2025
Source: WVMLS #829580
Pending
$544,000

Market trends in South Gateway

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$473K
$7.52KMoM
Sale-to-List Price
99.9%
Price per sq ft
$271
$6MoM
Available listings
126
18MoM

Around this home

Neighborhood Overview

South Gateway
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Gateway

At least 129 Trulia users voted on each feature.

  • 94 % Say there are sidewalks

  • 91 % Say it's dog friendly

  • 83 % Say there's holiday spirit

  • 82 % Say car is needed

  • 78 % Say kids play outside

  • 77 % Say yards are well-kept

  • 74 % Say parking is easy

  • 68 % Say people would walk alone at night

  • 65 % Say it's walkable to grocery stores

  • 62 % Say it's quiet

  • 60 % Say they plan to stay for at least 5 years

  • 59 % Say streets are well-lit

  • 52 % Say neighbors are friendly

  • 43 % Say there's wildlife

  • 41 % Say it's walkable to restaurants

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Matthewdavisdpt
    "There are a lot of dog parks and tons of people that have dogs and tons of dog grooming services and there is lots of vet services"
    0
    Flag
  • Matthewdavisdpt
    "We have fun school events basketball, football, soccer, baseball, graduation, plays, comic shows, plays and lots of churches with active charity"
    0
    Flag
  • Matthewdavisdpt
    "You see people walking their dogs all the time, dogs are always welcome here, just clean up your dog pooo"
    0
    Flag
  • Melissa Medina
    "I have lived in this same neighborhood since I was 6. I have gone to the same schools around here as my kids. Great memories!"
    1
    Flag
  • Mtp8cp42jn
    "Great place to raise children. Well manicured gardens and lawns. Dog friendly. Very cute. Very nice, newer houses"
    0
    Flag
  • Haley Kjemperud
    "Dog park for the hoa members. Paved areas, lots of paths... That’s all I have to say about it but it’s "
    0
    Flag
  • Mike Bernard
    "Just at the edge of city limits so we get deer and other wildlife in the neighborhood. It is a well established neighborhood with good neighbors. "
    1
    Flag
  • Trulia User
    "Great neighborhood, walk to store restaurants. Park across the street. School close by. Friendly neighborhood. Newer homes, good highways. "
    1
    Flag
  • Trulia User
    "Low crime rate area, safe for kids to play outside. People are friendly and family oriented. Pick up after their pets and have them leashed when necessary "
    1
    Flag
  • Essae
    "South Salem Pet store and Petco are nearby., Trader Joe’s has snacks, too. Most parks are friendly with leashed pets."
    2
    Flag
  • Hockeybum
    "Great neighborhood to live in and I have owned two homes here and would highly recommend it to others."
    2
    Flag
  • Smpaigemurphy
    "No dog park nearby or open area to let your dog go run. Unless the rare chance no ones at an elementary school"
    0
    Flag
  • Marty S.
    "Nice place for walking. Bike lanes. School park nearby. Restaurants and grocery in close proximity. Mature trees."
    1
    Flag
  • Ashley R.
    "Fairly well-lit and everyone uses leashes... friendly and sweet dogs, neighbors always friendly 😊 lots of RED DIRT, 😩"
    0
    Flag
  • Sandeebmw
    "Quiet, clean, well kept neighborhood with neighbors that watch out for each other. Sidewalks are well kept but there are often cars parked on both sides of the streets making it a little difficult during busy times. "
    2
    Flag
  • Essae
    "It’s important to know that cars speed along Madras and the parking is lined along the street so often you can’t see the kids running around."
    2
    Flag
  • Essae
    "Lots of dogs on leash-responsible pet owners as well. Would be nice to have a park nearby that had a fenced in area"
    2
    Flag
  • Heather_delarosa
    "We do neighborhood block parties and all send holiday cards or cookies to each other, we also enjoy trick or treating with each other. "
    0
    Flag
  • Marcy M.
    "15 minutes to downtown with access to bus lines close by Traffic isn’t as heavy as other areas of town"
    1
    Flag
  • Greg m.
    "26 yr. resident. Good neighborhood. Convenient shopping. Easy commute. Lots to do in the area. Access to I-5. Close to beach and mountains."
    20
    Flag
  • Valentia k.
    "Drug free environment and friendly neighbors. Also the neighborhood has to be kids friendly and clean."
    11
    Flag
  • Janellnfranz
    "we have been here over 10 years and enjoy the feeling of our surrounding neighborhood. Several of our nearby households plan a get together twice a year as well."
    9
    Flag
  • Tim B.
    "Cul de sac, Close to shopping. "
    3
    Flag
  • Brad W.
    "Top of the hill with a wonderful view - on a wide, quiet street that dead ends. Salem locations in this price range are very difficult to find. We would never consider selling - but - its time to move near our son. "
    3
    Flag
  • Donna_l
    "Quiet and Safe neighborhood, easy access to I-5, shopping, gym, bus system, senior center and downtown. A great place to live"
    4
    Flag

LGBTQ Local Legal Protections

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
Zillow, Inc. Randy Carroll, (206) 516-2255

Frequently asked questions about 5461 Monterey Dr SE

  • What is the price history for 5461 Monterey Dr SE?
    5461 Monterey Dr SE in Salem, OR last sold for $546,500 in September 2025.
  • Is Salem a buyer's or seller's market?
    Salem is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Salem?
    The median sale price in Salem is $473K. That is down $7.52K from the prior month.
  • What do residents say about the South Gateway neighborhood?
    Residents describe the South Gateway neighborhood in Salem, OR as pedestrian-friendly, dog-friendly, and well-kept. See recently sold homes in South Gateway, Salem.
  • Does 5461 Monterey Dr SE have air conditioning?
    Yes, 5461 Monterey Dr SE in Salem, OR has air conditioning.
  • Does 5461 Monterey Dr SE have laundry facilities?
    Yes, 5461 Monterey Dr SE in Salem, OR has laundry facilities.

Explore by feature - Pet Friendly

271 pet-friendly rentals in Salem, OR

Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

73 rentals with an outdoor space in Salem, OR

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Off Market Homes Near 5461 Monterey Dr SE

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