241 16th St
Salem, OR 97301
5 bd 1 ba 2,128 sqft Built 1923 Lot 8,300 sqft single_family
Most recent sale
$425,000
Jan 31, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 31, 2023 | Sold | $425,000 | Public Record |
| Jan 17, 2023 | Listing removed | — | Willamette |
| Sep 23, 2022 | Listed | $450,000 | Willamette |
| Dec 9, 1982 | Sold | $52,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $191,000 | $3,640 |
| 2021 | — | — | $185,440 | $3,536 |
| 2020 | — | — | $180,040 | $3,433 |
| 2019 | — | — | $174,800 | $3,312 |
| 2018 | — | — | $169,710 | $3,371 |
| 2017 | — | — | $164,770 | $3,042 |
| 2016 | — | — | $159,980 | $2,898 |
| 2015 | — | — | $155,330 | $2,920 |
| 2014 | — | — | $150,810 | $2,826 |
| 2013 | — | — | $146,420 | $2,678 |
| 2012 | — | — | $142,160 | $2,601 |
| 2011 | — | — | $142,000 | $2,659 |
| 2010 | — | — | $137,870 | $2,551 |
| 2009 | — | — | $133,860 | $2,380 |
| 2008 | — | — | $129,970 | $2,380 |
| 2007 | — | — | $126,190 | $2,304 |
Property facts
Year built
1923
Property type
single_family
Stories
1
Beds
5
Baths
1
Living area
2,128 sqft
Lot size
8,300 sqft
ZIP code
97301
City
Salem
Street
16th St
Coordinates
44.93414, -123.02222
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,256
Gross rental yield
12.02%
Implied cap rate
7.81%
Trend-extrapolated value
—
Frequently asked questions
When did 241 16th St last sell?
241 16th St most recently sold on Jan 31, 2023 for $425,000.
What is the current tax assessment for 241 16th St?
The most recent total assessment for 241 16th St (year 2022) is $191,000 with $3,640 in property tax.
How does 241 16th St's assessment compare to its last sale price?
The current assessment is 55.1% below the last sale price of $425,000.
When was 241 16th St built?
241 16th St was built in 1923.
How does 241 16th St compare to others on 16th St?
We track 8 other properties on 16th St. Browse the list under "Other properties on 16th St" to compare beds, baths, and sale history.
What are the property facts for 241 16th St?
241 16th St is a 5 bed, 1 bath, 2,128 sqft, 8,300 sqft lot single_family.
Is 241 16th St a flip candidate?
No — 241 16th St does not appear in our flips dataset.
Is 241 16th St a tax-appeal candidate?
No — 241 16th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.4%
Implied 1-yr
-9.4%
2026 Q3
$380.1K
2026 Q4
$369.5K
ZIP 97301 — Median Price History + Forecast
Explore nearby
Other properties on 16th St