For SaleRisky Deal118 days on market
955 Harris Ave SE
955 Harris Ave SE, Salem, OR 97302, Salem, OR 97302
$340,000
Estimate®:$342,100$2,100 Under Market
Listing Price
955 Harris Ave SE, Salem, OR 97302
Loc: Salem, OR
Days Listed
118
Tax Assessed
$376k
Estimate®
$342k
1% Under Valued
Lot Size
0.30 acres
Rent Estimate
$2,342/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.
8
Morningside Elementary School
K-5
0.2 mi away
5
Leslie Middle School
6-8
0.6 mi away
5
South Salem High School
9-12
1.4 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 storyattached garagecedar shake sidingasphalt shingle roofbrick chimneymature treesjapanese maplelandscaped lawnsuburbancozytraditionalsingle family homewide facade
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.94%
Total ROI
66.2%
Cash Flow
$-365/mo
DSCR
0.79
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-365/mo net cash flow with a 4.9% 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 |
|---|---|---|---|
| 2026-09-22 | Price change | $340,000 | $233 |
| 2026-09-14 | Price change | $360,000 | $246 |
| 2026-08-14 | Price change | $370,000 | $253 |
| 2026-08-11 | Price change | $390,000 | $267 |
| 2026-08-03 | Price change | $370,000 | $253 |
| 2026-07-20 | Listed for sale | $375,000 | $257 |
| 2026-07-07 | Pending sale | $375,000 | $257 |
| 2026-07-07 | Contingent | $375,000 | $257 |
| 2026-06-26 | Price change | $375,000 | $257 |
| 2026-06-23 | Price change | $384,999 | $264 |
| 2026-05-29 | Listed for sale | $394,999 | $270 |
| 2020-06-29 | Sold | $315,000 | $216 |
| 2020-05-13 | Listed for sale | $310,000 | $212 |
| 2016-07-29 | Sold | $207,000 | $142 |
| 2016-05-17 | Listed for sale | $200,000 | $137 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,431.13 | $167,010 |
| 2024 | $3,183.7 | $162,150 |
| 2023 | $3,089.88 | $152,850 |
| 2022 | $3,003.48 | $152,850 |
| 2021 | $2,917.68 | $148,400 |
| 2020 | $2,832.63 | $139,890 |
| 2019 | $2,733.11 | $0 |
| 2018 | $2,698.1 | $0 |
| 2017 | $2,698.1 | $0 |
| 2016 | $2,319.55 | $0 |
| 2015 | $2,319.55 | $0 |
| 2014 | $2,337.14 | $0 |
| 2013 | $2,161.93 | $0 |
| 2012 | $2,161.93 | $0 |
| 2011 | $2,068.51 | $110,460 |
| 2010 | $1,984.48 | $104,130 |
| 2009 | $1,962.43 | $104,130 |
| 2008 | $1,851.44 | $101,100 |
| 2007 | $1,792.97 | $0 |
| 2006 | $1,763.9 | $0 |
| 2005 | $1,728.81 | $0 |
| 2004 | $1,736.46 | $0 |
| 2003 | $1,656.1 | $0 |
| 2002 | $1,616.14 | $0 |
| 2001 | $1,567.3 | $0 |
| 2000 | $1,518.72 | $0 |
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