490 Academy St
Salem, OR 97301
3 bd 2 ba 1,260 sqft Built 1950 Lot 4,791 sqft single_family
Most recent sale
$310,000
Apr 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 14, 2022 | Sold | $310,000 | MLS #22016329 |
| Feb 19, 2022 | Listed | $299,000 | MLS #22016329 |
| Jan 3, 2019 | Price changed | $185,000 | MLS #741315 |
| Dec 23, 2018 | Price changed | $190,000 | MLS #741315 |
| Nov 15, 2018 | Listed | $200,000 | MLS #741315 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $125,380 | $2,575 |
| 2024 | — | — | $121,730 | $2,390 |
| 2023 | — | — | $118,190 | $2,250 |
| 2022 | — | — | $114,750 | $2,187 |
| 2021 | — | — | $111,410 | $2,124 |
| 2020 | — | — | $108,170 | $2,063 |
| 2019 | — | — | $105,020 | $1,990 |
| 2018 | — | — | $101,970 | $2,025 |
| 2017 | — | — | $99,000 | $1,828 |
| 2016 | — | — | $96,120 | $1,741 |
| 2015 | — | — | $93,330 | $1,754 |
| 2014 | — | — | $71,620 | $1,342 |
| 2013 | — | — | $69,540 | $1,314 |
| 2012 | — | — | $67,520 | $1,283 |
| 2011 | — | — | $65,560 | $1,227 |
| 2010 | — | — | $63,660 | $1,177 |
| 2009 | — | — | $61,810 | $1,099 |
| 2008 | — | — | $60,020 | $1,099 |
| 2007 | — | — | $58,270 | $1,064 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,260 sqft
Lot size
4,791 sqft
ZIP code
97301
City
Salem
Street
Academy St
Coordinates
44.95836, -123.02896
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,520
Gross rental yield
9.75%
Implied cap rate
6.34%
Trend-extrapolated value
—
Frequently asked questions
When did 490 Academy St last sell?
490 Academy St most recently sold on Apr 14, 2022 for $310,000.
What is the current tax assessment for 490 Academy St?
The most recent total assessment for 490 Academy St (year 2025) is $125,380 with $2,575 in property tax.
How does 490 Academy St's assessment compare to its last sale price?
The current assessment is 59.6% below the last sale price of $310,000.
When was 490 Academy St built?
490 Academy St was built in 1950.
How does 490 Academy St compare to others on Academy St?
We track 3 other properties on Academy St. Browse the list under "Other properties on Academy St" to compare beds, baths, and sale history.
What are the property facts for 490 Academy St?
490 Academy St is a 3 bed, 2 bath, 1,260 sqft, 4,791 sqft lot single_family.
Is 490 Academy St a flip candidate?
No — 490 Academy St does not appear in our flips dataset.
Is 490 Academy St a tax-appeal candidate?
No — 490 Academy 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
Geography
Other properties on Academy St