For SaleRisky Deal42 days on market
1580 Jefferson St NE
1580 Jefferson St NE, Salem, OR 97301, Salem, OR 97301
$369,900
Estimate®:$369,800
Listing Price
1580 Jefferson St NE, Salem, OR 97301
Loc: Salem, OR
Days Listed
42
Tax Assessed
$394k
Estimate®
$370k
Market Rate
Lot Size
5,000 sqft
Rent Estimate
$2,831/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
0.4 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
craftsmanbungalowgreen sidingstucco exteriorarched front doorstone retaining walllush gardencozycharmingfront stairsasphalt roofhistorical aesthetic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.84%
Total ROI
85.8%
Cash Flow
$-120/mo
DSCR
0.94
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-120/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • Strong rental demand in Salem
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 |
|---|---|---|---|
| 2026-09-10 | Price change | $369,900 | $197 |
| 2026-08-27 | Price change | $379,900 | $202 |
| 2026-08-12 | Listed for sale | $389,900 | $207 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,939.21 | $191,740 |
| 2024 | $3,655.11 | $186,160 |
| 2023 | $3,547.37 | $175,480 |
| 2022 | $3,448.16 | $175,480 |
| 2021 | $3,349.63 | $170,370 |
| 2020 | $3,251.98 | $160,600 |
| 2019 | $3,137.75 | $0 |
| 2018 | $3,097.61 | $0 |
| 2017 | $3,097.61 | $0 |
| 2016 | $2,663.05 | $0 |
| 2015 | $2,663.05 | $0 |
| 2014 | $2,596.69 | $0 |
| 2013 | $2,404.65 | $0 |
| 2012 | $2,404.65 | $0 |
| 2011 | $2,384.83 | $127,350 |
| 2010 | $2,287.94 | $120,050 |
| 2009 | $2,262.42 | $120,050 |
| 2008 | $2,134.57 | $116,560 |
| 2007 | $2,067.16 | $0 |
| 2006 | $2,033.54 | $0 |
| 2005 | $1,992.96 | $0 |
| 2004 | $1,686.63 | $0 |
| 2003 | $1,608.44 | $0 |
| 2002 | $1,569.75 | $0 |
| 2001 | $1,522.3 | $0 |
| 2000 | $1,475.18 | $0 |
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