For SaleRisky Deal5 days on market
3062 Hammel St NE
3062 Hammel St NE, Salem, OR 97301, Salem, OR 97301
$299,900
Estimate®:$300,800$900 Under Market
Listing Price
3062 Hammel St NE, Salem, OR 97301
Loc: Salem, OR
Days Listed
5
Tax Assessed
$377k
Estimate®
$301k
0% Under Valued
Lot Size
0.29 acres
Rent Estimate
$2,086/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.
2
Washington Elementary School
K-5
0.1 mi away
2
Waldo Middle School
6-8
0.3 mi away
2
McKay High School
9-12
1 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 storyattached garagebrick exteriormid-centurylarge treesuburbanshingle rooffront lawnchimneyfixer uppermodestresidentialmature landscaping
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.81%
Total ROI
63.3%
Cash Flow
$-355/mo
DSCR
0.77
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-355/mo net cash flow with a 4.8% 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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $299,900 | $204 |
| 2018-07-20 | Sold | $175,000 | $119 |
| 2013-11-01 | Sold | $96,500 | $66 |
| 2012-12-14 | Price change | $98,000 | $67 |
| 2012-12-05 | Price change | $100,000 | $68 |
| 2012-10-11 | Price change | $101,000 | $69 |
| 2012-08-03 | Listed for sale | $109,900 | $75 |
| 2012-06-09 | Listing removed | $119,900 | $81 |
| 2012-05-10 | Price change | $119,900 | $81 |
| 2012-03-24 | Price change | $125,000 | $85 |
| 2011-12-07 | Listed for sale | $109,900 | $75 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,476.96 | $169,240 |
| 2024 | $3,226.32 | $164,320 |
| 2023 | $3,131.27 | $154,900 |
| 2022 | $3,043.78 | $154,900 |
| 2021 | $2,956.82 | $150,390 |
| 2020 | $2,870.57 | $141,760 |
| 2019 | $2,769.67 | $0 |
| 2018 | $2,734.25 | $0 |
| 2017 | $2,734.25 | $0 |
| 2016 | $2,350.7 | $0 |
| 2015 | $2,350.7 | $0 |
| 2014 | $2,292.31 | $0 |
| 2013 | $2,179.92 | $0 |
| 2012 | $2,179.92 | $0 |
| 2011 | $2,096.63 | $111,960 |
| 2010 | $2,011.3 | $105,540 |
| 2009 | $1,988.98 | $105,540 |
| 2008 | $1,876.53 | $102,470 |
| 2007 | $1,817.27 | $0 |
| 2006 | $1,787.74 | $0 |
| 2005 | $1,752.14 | $0 |
| 2004 | $1,759.87 | $0 |
| 2003 | $1,678.28 | $0 |
| 2002 | $1,637.9 | $0 |
| 2001 | $1,588.26 | $0 |
| 2000 | $1,539.09 | $0 |
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