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5393 Faith Ave

Salem, OR 97305

4 bd 2 ba 1,598 sqft Built 1946 Lot 5,663 sqft single_family
Most recent sale
$334,905
Feb 15, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2025 Sold $375,000 Willamette
Aug 26, 2025 Price changed $359,900 Willamette
Aug 21, 2025 Price changed $375,000 Willamette
Jul 29, 2025 Price changed $384,900 Willamette
Jul 9, 2025 Listed $399,900 Willamette
Feb 16, 2023 Listing removed Willamette
Feb 16, 2023 Listed $338,005 RMLS
Feb 15, 2023 Sold $334,905 RMLS
Dec 7, 2022 Price changed $338,005 RMLS
Dec 2, 2022 Price changed $348,005 RMLS
Oct 26, 2022 Listed $349,005 RMLS
Oct 24, 2022 Price changed $349,005 Willamette
Oct 17, 2022 Price changed $367,005 Willamette
Oct 12, 2022 Listed $372,005 Willamette
Nov 20, 2018 Listing removed Willamette
Nov 19, 2018 Sold $255,000 Public Record
Sep 24, 2018 Listed $249,900 Willamette
Sep 14, 2018 Listing removed Willamette
Jul 16, 2018 Listed $259,900 Willamette
Jun 8, 2007 Sold $126,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $92,130 $1,798
2021 $89,450 $2,037
2020 $86,850 $1,350
2019 $84,330 $1,338
2018 $60,950 $947
2017 $59,180 $1,121
2016 $57,460 $1,166
2015 $55,790 $1,059
2014 $54,170 $972
2013 $52,600 $1,017
2012 $51,070 $797
2011 $49,590 $561
2010 $48,150 $828
2009 $46,750 $646
2008 $45,390 $646
2007 $44,070 $536

Property facts

Year built
1946
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,598 sqft
Lot size
5,663 sqft
ZIP code
97305
City
Salem
Street
Faith Ave
Coordinates
45.05519, -122.95007

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,196
Gross rental yield
11.45%
Implied cap rate
7.44%
Trend-extrapolated value

Frequently asked questions

When did 5393 Faith Ave last sell?
5393 Faith Ave most recently sold on Feb 15, 2023 for $334,905.
What is the current tax assessment for 5393 Faith Ave?
The most recent total assessment for 5393 Faith Ave (year 2022) is $92,130 with $1,798 in property tax.
How does 5393 Faith Ave's assessment compare to its last sale price?
The current assessment is 72.5% below the last sale price of $334,905.
When was 5393 Faith Ave built?
5393 Faith Ave was built in 1946.
How does 5393 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 5393 Faith Ave?
5393 Faith Ave is a 4 bed, 2 bath, 1,598 sqft, 5,663 sqft lot single_family.
Is 5393 Faith Ave a flip candidate?
No — 5393 Faith Ave does not appear in our flips dataset.
Is 5393 Faith Ave a tax-appeal candidate?
No — 5393 Faith Ave 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
+3.3%
Implied 1-yr
+13.2%
2026 Q3
$469.8K
2026 Q4
$482.5K
ZIP 97305 — Median Price History + Forecast

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