Off MarketRisky Deal2 days on market
1395 W Meadows Dr NW
1395 W Meadows Dr NW, Salem, OR 97304, Salem, OR 97304
$669,000
Listing Price
1395 W Meadows Dr NW, Salem, OR 97304
Loc: Salem, OR
Days Listed
2
Tax Assessed
$661k
Lot Size
0.26 acres
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.
6
Kalapuya Elementary School
K-5
1 mi away
5
Straub Middle School
6-8
0.8 mi away
6
West Salem High School
9-12
0.4 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-storythree-car garageasphalt shingle roofbrick masonry accentsshingle sidingconcrete drivewayskylightlandscapedsuburbangabled roofwell-maintainedwalkway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.08%
Total ROI
91.1%
Cash Flow
$-80/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-80/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • 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 |
|---|---|---|---|
| 2026-09-01 | Listing removed | $675,000 | $267 |
| 2026-08-14 | Price change | $675,000 | $267 |
| 2026-06-23 | Price change | $689,000 | $273 |
| 2026-04-14 | Listed for sale | $699,000 | $277 |
| 2025-04-15 | Sold | $665,500 | $263 |
| 2025-03-18 | Contingent | $655,000 | $259 |
| 2025-03-17 | Pending sale | $655,000 | $259 |
| 2025-03-14 | Listed for sale | $655,000 | $259 |
| 2005-05-05 | Sold | $349,900 | $138 |
| 2004-12-21 | Sold | $85,000 | $34 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,907.45 | $349,650 |
| 2024 | $7,025.91 | $398,360 |
| 2023 | $6,822 | $386,760 |
| 2022 | $6,603.6 | $375,500 |
| 2021 | $6,415.17 | $364,570 |
| 2020 | $6,224.84 | $353,960 |
| 2019 | $6,007.57 | $343,660 |
| 2018 | $6,007.57 | $333,660 |
| 2017 | $5,907.97 | $323,950 |
| 2016 | $5,324.42 | $314,520 |
| 2015 | $5,197.49 | $305,360 |
| 2014 | $5,600.46 | $296,470 |
| 2013 | $5,204.62 | $287,840 |
| 2012 | $5,097.68 | $279,460 |
| 2011 | $4,893.55 | $271,330 |
| 2010 | $4,688.15 | $263,430 |
| 2009 | $4,622.96 | $255,760 |
| 2008 | $4,360.49 | $248,320 |
| 2007 | $4,253.95 | $241,090 |
| 2006 | $4,087.2 | $234,070 |
| 2005 | $1,165.38 | $65,970 |
| 2004 | $30.78 | $1,680 |
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