For SaleRisky Deal19 days on market
2593 Honeysuckle Way NE
2593 Honeysuckle Way NE, Salem, OR 97301, Salem, OR 97301
$419,000
Estimate®:$413,900
Listing Price
2593 Honeysuckle Way NE, Salem, OR 97301
Loc: Salem, OR
Days Listed
19
Tax Assessed
$345k
Estimate®
$414k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$2,149/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Hallman Elementary School
K-5
0.2 mi away
2
Waldo Middle School
6-8
1 mi away
2
McKay High School
9-12
1.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle storyhorizontal lap sidingcovered porchmid-century influencestone walkwaywood stepswell-maintainedsuburbanminimalistlow-pitched roofattached garagenative landscapingresidential exterior
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.48%
Total ROI
34.4%
Cash Flow
$-960/mo
DSCR
0.56
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-960/mo net cash flow with a 3.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Salem, OR
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-04 | Listed for sale | $419,000 | $340 |
| 2024-04-02 | Sold | $365,000 | $296 |
| 2024-03-12 | Contingent | $384,000 | $311 |
| 2024-03-11 | Pending sale | $384,000 | $311 |
| 2024-02-28 | Price change | $384,000 | $311 |
| 2024-02-16 | Listed for sale | $386,000 | $313 |
| 2024-02-07 | Contingent | $386,000 | $313 |
| 2024-02-06 | Pending sale | $386,000 | $313 |
| 2024-01-31 | Price change | $386,000 | $313 |
| 2023-10-23 | Listed for sale | $389,000 | $315 |
| 2003-03-06 | Sold | $95,000 | $77 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,624.44 | $176,420 |
| 2024 | $3,363.16 | $171,290 |
| 2023 | $3,264.13 | $161,470 |
| 2022 | $3,172.86 | $161,470 |
| 2021 | $3,082.25 | $156,770 |
| 2020 | $2,992.47 | $147,780 |
| 2019 | $2,887.29 | $0 |
| 2018 | $2,850.27 | $0 |
| 2017 | $2,850.27 | $0 |
| 2016 | $2,450.53 | $0 |
| 2015 | $2,450.53 | $0 |
| 2014 | $2,331.53 | $0 |
| 2013 | $2,097.18 | $0 |
| 2012 | $2,097.18 | $0 |
| 2011 | $2,318.34 | $123,800 |
| 2010 | $2,224.11 | $116,700 |
| 2009 | $2,199.28 | $116,700 |
| 2008 | $2,075.05 | $113,310 |
| 2007 | $2,009.47 | $0 |
| 2006 | $1,976.7 | $0 |
| 2005 | $1,937.28 | $0 |
| 2004 | $1,945.79 | $0 |
| 2003 | $1,855.59 | $0 |
| 2002 | $1,810.94 | $0 |
| 2001 | $1,756.16 | $0 |
| 2000 | $1,701.68 | $0 |
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