5314 Faith Ave
Salem, OR 97305
3 bd 2 ba 1,576 sqft Built 2023 Lot 6,098 sqft single_family
Most recent sale
$435,000
Apr 19, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 19, 2024 | Sold | $435,000 | RMLS |
| Feb 23, 2024 | Price changed | $435,000 | Willamette |
| Jan 20, 2024 | Price changed | $445,000 | RMLS |
| Jan 17, 2024 | Listed | $445,000 | RMLS |
| Jan 16, 2024 | Listed | $445,000 | Willamette |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $46,030 | $514 |
| 2021 | — | $32,770 | $32,770 | $359 |
Property facts
Year built
2023
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,576 sqft
Lot size
6,098 sqft
ZIP code
97305
City
Salem
Street
Faith Ave
Coordinates
45.05423, -122.95156
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,152
Gross rental yield
8.70%
Implied cap rate
5.65%
Trend-extrapolated value
—
Frequently asked questions
When did 5314 Faith Ave last sell?
5314 Faith Ave most recently sold on Apr 19, 2024 for $435,000.
What is the current tax assessment for 5314 Faith Ave?
The most recent total assessment for 5314 Faith Ave (year 2022) is $46,030 with $514 in property tax.
How does 5314 Faith Ave's assessment compare to its last sale price?
The current assessment is 89.4% below the last sale price of $435,000.
When was 5314 Faith Ave built?
5314 Faith Ave was built in 2023.
How does 5314 Faith Ave compare to others on Faith Ave?
We track 8 other properties on Faith Ave. Browse the list under "Other properties on Faith Ave" to compare beds, baths, and sale history.
What are the property facts for 5314 Faith Ave?
5314 Faith Ave is a 3 bed, 2 bath, 1,576 sqft, 6,098 sqft lot single_family.
Is 5314 Faith Ave a flip candidate?
No — 5314 Faith Ave does not appear in our flips dataset.
Is 5314 Faith Ave a tax-appeal candidate?
No — 5314 Faith 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
+3.3%
Implied 1-yr
+13.2%
2026 Q3
$469.8K
2026 Q4
$482.5K
ZIP 97305 — Median Price History + Forecast
Explore nearby
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