For SaleRisky Deal0 days on market
5370 Landon St SE
5370 Landon St SE, Salem, OR 97306, Salem, OR 97306
$449,000
Estimate®:$446,400
Listing Price
5370 Landon St SE, Salem, OR 97306
Loc: Salem, OR
Days Listed
0
Tax Assessed
$398k
Estimate®
$446k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$2,433/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
Lee Elementary School
K-5
0.3 mi away
6
Judson Middle School
6-8
2.3 mi away
5
South Salem High School
9-12
3.6 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
ranch stylesingle-storyvinyl sidingattached garagesuburbanmature treeslandscaped yardcozyresidentialmulti-pane windowsgable roofcurb appealdriveway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.80%
Total ROI
41.4%
Cash Flow
$-909/mo
DSCR
0.61
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-909/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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $449,000 | $294 |
| 2022-04-27 | Sold | $417,500 | $274 |
| 2022-03-18 | Pending sale | $419,000 | $275 |
| 2022-03-18 | Contingent | $419,500 | $275 |
| 2022-03-16 | Price change | $419,000 | $275 |
| 2022-03-16 | Listed for sale | $419,500 | $275 |
| 2022-03-14 | Contingent | $419,500 | $275 |
| 2022-03-13 | Pending sale | $419,000 | $275 |
| 2022-03-12 | Price change | $419,000 | $275 |
| 2022-03-12 | Listed for sale | $419,500 | $275 |
| 2022-03-10 | Contingent | $419,500 | $275 |
| 2022-02-24 | Price change | $419,500 | $275 |
| 2022-02-24 | Pending sale | $419,000 | $275 |
| 2022-02-02 | Listed for sale | $425,000 | $279 |
| 2022-02-01 | Contingent | $425,000 | $279 |
| 2022-01-18 | Pending sale | $425,000 | $279 |
| 2022-01-18 | Listed for sale | $425,000 | $279 |
| 2018-01-19 | Listing removed | $1,595 | $1 |
| 2017-12-26 | Price change | $1,595 | $1 |
| 2017-12-15 | Listed for rent | $1,750 | $1 |
| 2016-04-15 | Sold | $4,800 | $3 |
| 2012-07-17 | Listing removed | $1,295 | $1 |
| 2012-06-09 | Price change | $1,295 | $1 |
| 2012-05-26 | Listed for rent | $1,495 | $1 |
| 2012-05-03 | Sold | $160,000 | $105 |
| 2012-03-09 | Listed for sale | $165,000 | $108 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,136.53 | $250,020 |
| 2024 | $4,766.03 | $242,740 |
| 2023 | $4,625.45 | $228,810 |
| 2022 | $4,496.07 | $228,810 |
| 2021 | $4,367.67 | $222,150 |
| 2020 | $4,240.28 | $209,400 |
| 2019 | $4,091.18 | $0 |
| 2018 | $4,038.81 | $0 |
| 2017 | $4,038.81 | $0 |
| 2016 | $3,472.17 | $0 |
| 2015 | $3,472.17 | $0 |
| 2014 | $3,498.31 | $0 |
| 2013 | $2,966.46 | $0 |
| 2012 | $2,966.46 | $0 |
| 2011 | $3,163.69 | $175,400 |
| 2010 | $3,190.55 | $167,410 |
| 2009 | $3,154.93 | $167,410 |
| 2008 | $2,976.58 | $162,540 |
| 2007 | $2,882.53 | $0 |
| 2006 | $2,835.62 | $0 |
| 2005 | $2,779.08 | $0 |
| 2004 | $2,791.32 | $0 |
| 2003 | $2,662 | $0 |
| 2002 | $2,597.84 | $0 |
| 2001 | $2,519.2 | $0 |
| 2000 | $2,441 | $0 |
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