For SaleRisky Deal5 days on market
1520 17th St NE
1520 17th St NE, Salem, OR 97301, Salem, OR 97301
$349,900
Estimate®:$347,700
Listing Price
1520 17th St NE, Salem, OR 97301
Loc: Salem, OR
Days Listed
5
Tax Assessed
$347k
Estimate®
$348k
Market Rate
Lot Size
8,276 sqft
Rent Estimate
$2,081/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.
5
Englewood Elementary School
K-5
0.3 mi away
3
Parrish Middle School
6-8
0.6 mi away
4
North Salem High School
9-12
0.6 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
cottageblue sidinggabled rooflandscaped walkwaycozytraditionalwell-maintainedexterior lightingshingle sidingcharmingresidentialbrick chimneycurb appeal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.18%
Total ROI
49.8%
Cash Flow
$-596/mo
DSCR
0.67
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-596/mo net cash flow with a 4.2% 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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $349,900 | $296 |
| 2020-10-27 | Sold | $165,000 | $139 |
| 2016-01-22 | Sold | $90,000 | $76 |
| 2015-12-29 | Price change | $89,900 | $76 |
| 2015-11-13 | Listed for sale | $97,900 | $83 |
| 2015-06-22 | Sold | $119,822 | $101 |
| 2003-07-31 | Sold | $107,000 | $90 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,962.52 | $144,200 |
| 2024 | $2,748.8 | $140,000 |
| 2023 | $2,667.89 | $131,980 |
| 2022 | $2,593.37 | $131,980 |
| 2021 | $2,519.35 | $128,140 |
| 2020 | $2,445.91 | $120,790 |
| 2019 | $2,359.95 | $0 |
| 2018 | $2,329.82 | $0 |
| 2017 | $2,329.82 | $0 |
| 2016 | $1,801.39 | $0 |
| 2015 | $1,801.39 | $0 |
| 2014 | $1,815.06 | $0 |
| 2013 | $1,678.91 | $0 |
| 2012 | $1,678.91 | $0 |
| 2011 | $1,606.33 | $85,780 |
| 2010 | $1,541.14 | $80,870 |
| 2009 | $1,524.04 | $80,870 |
| 2008 | $1,437.93 | $78,520 |
| 2007 | $1,392.61 | $0 |
| 2006 | $1,369.87 | $0 |
| 2005 | $1,342.65 | $0 |
| 2004 | $1,348.61 | $0 |
| 2003 | $1,286.08 | $0 |
| 2002 | $1,255.12 | $0 |
| 2001 | $1,217.22 | $0 |
| 2000 | $1,179.41 | $0 |
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