For SaleRisky Deal6 days on market
955 17th St NE
955 17th St NE, Salem, OR 97301, Salem, OR 97301
$340,000
Estimate®:$335,800
Listing Price
955 17th St NE, Salem, OR 97301
Loc: Salem, OR
Days Listed
6
Tax Assessed
$295k
Estimate®
$336k
Market Rate
Lot Size
6,098 sqft
Rent Estimate
$2,052/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
Englewood Elementary School
K-5
0.2 mi away
3
Parrish Middle School
6-8
0.4 mi away
4
North Salem High School
9-12
0.3 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
craftsmanbungalowgreen sidinggabled rooffront porchdrivewayhedgescozyresidentialwood shingleshingle stylelandscapedsingle-story
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.38%
Total ROI
54.1%
Cash Flow
$-522/mo
DSCR
0.70
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-522/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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $340,000 | $276 |
| 2024-05-06 | Listing removed | $284,900 | $231 |
| 2021-05-07 | Sold | $305,000 | $248 |
| 2021-04-07 | Pending sale | $284,900 | $231 |
| 2021-04-01 | Listed for sale | $284,900 | $231 |
| 2020-05-08 | Sold | $245,000 | $199 |
| 2020-04-03 | Listed for sale | $229,900 | $187 |
| 2019-11-20 | Listing removed | $229,900 | $187 |
| 2019-10-15 | Listed for sale | $229,900 | $187 |
| 2011-10-22 | Listing removed | $97,000 | $79 |
| 2011-10-07 | Listed for sale | $97,000 | $79 |
| 2011-08-22 | Sold | $49,500 | $40 |
| 2011-07-22 | Price change | $49,500 | $40 |
| 2011-07-21 | Price change | $97,000 | $79 |
| 2011-06-23 | Price change | $49,500 | $40 |
| 2011-05-22 | Price change | $55,000 | $45 |
| 2011-03-02 | Price change | $97,000 | $79 |
| 2011-02-25 | Price change | $97 | – |
| 2010-08-23 | Price change | $97,000 | $79 |
| 2010-07-18 | Price change | $77,600 | $63 |
| 2010-06-13 | Price change | $87,300 | $71 |
| 2010-05-09 | Listed for sale | $97,000 | $79 |
| 2010-02-18 | Sold | $87,641 | $71 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,459.99 | $119,740 |
| 2024 | $2,282.68 | $116,260 |
| 2023 | $2,215.5 | $109,600 |
| 2022 | $2,153.61 | $109,600 |
| 2021 | $2,092.1 | $106,410 |
| 2020 | $2,031.29 | $106,390 |
| 2019 | $2,078.62 | $0 |
| 2018 | $2,052.07 | $0 |
| 2017 | $2,052.07 | $0 |
| 2016 | $1,764.27 | $0 |
| 2015 | $1,764.27 | $0 |
| 2014 | $1,720.36 | $0 |
| 2013 | $1,644.52 | $0 |
| 2012 | $1,644.52 | $0 |
| 2011 | $1,573.39 | $84,020 |
| 2010 | $1,509.52 | $79,210 |
| 2009 | $1,492.75 | $79,210 |
| 2008 | $1,408.46 | $76,910 |
| 2007 | $1,363.91 | $0 |
| 2006 | $1,341.75 | $0 |
| 2005 | $1,315.02 | $0 |
| 2004 | $1,320.78 | $0 |
| 2003 | $1,259.53 | $0 |
| 2002 | $1,229.18 | $0 |
| 2001 | $1,192.06 | $0 |
| 2000 | $1,155.06 | $0 |
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