For SaleRisky Deal0 days on market
2570 Alvarado Ter S
2570 Alvarado Ter S, Salem, OR 97302, Salem, OR 97302
$529,900
Estimate®:$524,500
Listing Price
2570 Alvarado Ter S, Salem, OR 97302
Loc: Salem, OR
Days Listed
0
Tax Assessed
$470k
Estimate®
$525k
Market Rate
Lot Size
0.26 acres
Rent Estimate
$2,893/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
Candalaria Elementary School
K-5
0.4 mi away
5
Leslie Middle School
6-8
1.9 mi away
5
South Salem High School
9-12
0.9 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 sidingattached garagemid-century influenceraised foundationretaining walllarge front windowlandscaped lawndrivewayfront porchsuburbanwell-maintainedcozy aesthetic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.83%
Total ROI
42.2%
Cash Flow
$-1,057/mo
DSCR
0.62
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,057/mo net cash flow with a 3.8% 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 |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $529,900 | $286 |
| 2023-12-22 | Sold | $500,000 | $270 |
| 2023-11-29 | Pending sale | $535,000 | $289 |
| 2023-11-29 | Contingent | $535,000 | $289 |
| 2023-11-27 | Pending sale | $535,000 | $289 |
| 2023-11-26 | Contingent | $535,000 | $289 |
| 2023-10-02 | Listed for sale | $535,000 | $289 |
| 2021-08-13 | Sold | $380,000 | $205 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,363.04 | $309,720 |
| 2024 | $5,904.04 | $300,700 |
| 2023 | $5,730.06 | $283,450 |
| 2022 | $5,569.76 | $283,450 |
| 2021 | $0 | $275,200 |
| 2020 | $5,252.96 | $259,410 |
| 2019 | $5,068.24 | $0 |
| 2018 | $5,003.24 | $0 |
| 2017 | $5,003.24 | $0 |
| 2016 | $4,301.22 | $0 |
| 2015 | $4,301.22 | $0 |
| 2014 | $4,193.92 | $0 |
| 2013 | $3,951.19 | $0 |
| 2012 | $3,951.19 | $0 |
| 2011 | $3,941.38 | $210,470 |
| 2010 | $3,780.96 | $198,390 |
| 2009 | $3,738.78 | $198,390 |
| 2008 | $3,527.45 | $192,620 |
| 2007 | $3,415.93 | $0 |
| 2006 | $3,360.28 | $0 |
| 2005 | $3,293.38 | $0 |
| 2004 | $3,307.91 | $0 |
| 2003 | $3,108.65 | $0 |
| 2002 | $3,074.21 | $0 |
| 2001 | $2,896.55 | $0 |
| 2000 | $2,863.29 | $0 |
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