481 47th Ave
Salem, OR 97317
3 bd 1 ba 1,280 sqft Built 1972 Lot 5,880 sqft single_family
Most recent sale
$305,000
Jun 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 9, 2023 | Sold | $379,000 | Public Record |
| Feb 17, 2023 | Price changed | $385,000 | Willamette |
| Jan 14, 2023 | Listed | $399,500 | Willamette |
| Jun 29, 2022 | Sold | $305,000 | MLS #22316882 |
| Jun 10, 2022 | Price changed | $310,000 | MLS #791771 |
| May 31, 2022 | Relisted | $325,000 | MLS #791771 |
| Apr 28, 2022 | Listed | $325,000 | MLS #791771 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $143,150 | $2,227 |
| 2019 | — | — | $138,990 | $2,244 |
| 2018 | — | — | $134,950 | $2,290 |
| 2017 | — | — | $131,020 | $1,944 |
| 2016 | — | — | $127,210 | $1,872 |
| 2015 | — | — | $123,510 | $1,853 |
| 2014 | — | — | $119,920 | $1,726 |
| 2013 | — | — | $116,430 | $1,652 |
| 2012 | — | — | $116,030 | $1,650 |
| 2011 | — | — | $112,660 | $1,607 |
| 2010 | — | — | $109,380 | $1,545 |
| 2009 | — | — | $106,200 | $1,534 |
| 2008 | — | — | $103,110 | $1,534 |
| 2007 | — | — | $100,110 | $1,478 |
Property facts
Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,280 sqft
Lot size
5,880 sqft
ZIP code
97317
City
Salem
Street
47th Ave
Coordinates
44.92341, -122.96715
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,560
Gross rental yield
10.07%
Implied cap rate
6.55%
Trend-extrapolated value
—
Frequently asked questions
When did 481 47th Ave last sell?
481 47th Ave most recently sold on Jun 29, 2022 for $305,000.
What is the current tax assessment for 481 47th Ave?
The most recent total assessment for 481 47th Ave (year 2020) is $143,150 with $2,227 in property tax.
How does 481 47th Ave's assessment compare to its last sale price?
The current assessment is 53.1% below the last sale price of $305,000.
When was 481 47th Ave built?
481 47th Ave was built in 1972.
How does 481 47th Ave compare to others on 47th Ave?
We track 8 other properties on 47th Ave. Browse the list under "Other properties on 47th Ave" to compare beds, baths, and sale history.
What are the property facts for 481 47th Ave?
481 47th Ave is a 3 bed, 1 bath, 1,280 sqft, 5,880 sqft lot single_family.
Is 481 47th Ave a flip candidate?
Yes — 481 47th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 481 47th Ave a tax-appeal candidate?
No — 481 47th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-9.3%
Implied 1-yr
-37.4%
2026 Q3
$239.9K
2026 Q4
$212.7K
ZIP 97317 — Median Price History + Forecast
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