For SaleRisky Deal73 days on market
4603 Chaparral Dr SE
4603 Chaparral Dr SE, Salem, OR 97302, Salem, OR 97302
$374,900
Estimate®:$408,600$33,700 Under Market
Listing Price
4603 Chaparral Dr SE, Salem, OR 97302
Loc: Salem, OR
Days Listed
73
Tax Assessed
$441k
Estimate®
$409k
8% Under Valued
Lot Size
5,227 sqft
Rent Estimate
$2,403/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
Pringle Elementary School
K-5
1.1 mi away
6
Judson Middle School
6-8
0.7 mi away
5
South Salem High School
9-12
2.4 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-storyvinyl sidingtwo-car garagegable roofsuburbanconcrete drivewaylandscapedevergreen treesresidentialcozycovered entrancetraditional
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.43%
Total ROI
55.2%
Cash Flow
$-560/mo
DSCR
0.71
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-560/mo net cash flow with a 4.4% 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 |
|---|---|---|---|
| 2026-09-10 | Price change | $374,900 | $275 |
| 2026-08-20 | Price change | $389,900 | $286 |
| 2026-07-31 | Price change | $399,900 | $293 |
| 2026-07-12 | Listed for sale | $409,900 | $301 |
| 2026-06-26 | Sold | $331,100 | $243 |
| 2026-06-19 | Pending sale | $329,900 | $242 |
| 2026-05-05 | Listed for sale | $329,900 | $242 |
| 2009-10-23 | Sold | $175,900 | $129 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,123.49 | $200,710 |
| 2024 | $3,826.13 | $194,870 |
| 2023 | $3,713.41 | $183,690 |
| 2022 | $3,609.46 | $183,690 |
| 2021 | $3,506.32 | $178,340 |
| 2020 | $3,404.11 | $168,110 |
| 2019 | $3,284.45 | $0 |
| 2018 | $3,242.39 | $0 |
| 2017 | $3,242.39 | $0 |
| 2016 | $2,787.52 | $0 |
| 2015 | $2,787.52 | $0 |
| 2014 | $2,717.92 | $0 |
| 2013 | $2,536.67 | $0 |
| 2012 | $2,536.67 | $0 |
| 2011 | $2,539.31 | $135,600 |
| 2010 | $2,436.14 | $41,670 |
| 2009 | $785.3 | $41,670 |
| 2008 | $889.29 | $48,560 |
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