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2501 Elm St

McMinnville, OR 97128

5 bd 3 ba 3,612 sqft Built 1938 Lot 1,919,689 sqft single_family
Most recent sale
$1,535,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 8, 2022 Listing removed $2,000,000 RMLS
May 26, 2022 Sold $1,535,000 MLS #21476540
Sep 21, 2021 Listed $2,000,000 MLS #21520372
Sep 21, 2021 Listed $2,000,000 MLS #21476540

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $18,303 $212
2021 $221,933 $3,681
2020 $17,772 $206
2020 $215,469 $3,651
2019 $17,256 $200
2019 $209,193 $3,552
2018 $16,755 $194
2018 $203,100 $3,482
2017 $16,268 $189
2017 $197,184 $3,360
2016 $207,247 $3,426
2015 $201,224 $3,342
2014 $195,374 $3,167
2013 $189,696 $3,058
2012 $184,175 $2,986
2011 $103,833 $74,975 $178,808 $2,905

Property facts

Year built
1938
Property type
single_family
Stories
3
Beds
5
Baths
3
Living area
3,612 sqft
Lot size
1,919,689 sqft
ZIP code
97128
City
McMinnville
Street
Elm St
Coordinates
45.22964, -123.20499

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,224
Gross rental yield
5.65%
Implied cap rate
3.67%
Trend-extrapolated value

Frequently asked questions

When did 2501 Elm St last sell?
2501 Elm St most recently sold on May 26, 2022 for $1,535,000.
What is the current tax assessment for 2501 Elm St?
The most recent total assessment for 2501 Elm St (year 2021) is $18,303 with $212 in property tax.
How does 2501 Elm St's assessment compare to its last sale price?
The current assessment is 98.8% below the last sale price of $1,535,000.
When was 2501 Elm St built?
2501 Elm St was built in 1938.
How does 2501 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 2501 Elm St?
2501 Elm St is a 5 bed, 3 bath, 3,612 sqft, 1,919,689 sqft lot single_family.
Is 2501 Elm St a flip candidate?
No — 2501 Elm St does not appear in our flips dataset.
Is 2501 Elm St a tax-appeal candidate?
No — 2501 Elm St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.1%
Implied 1-yr
-0.4%
2026 Q3
$521.1K
2026 Q4
$520.5K
ZIP 97128 — Median Price History + Forecast

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