562 Fanny Way
Salem, OR 97301
3 bd 2 ba 1,587 sqft Built 2021 Lot 6,098 sqft single_family
Most recent sale
$432,000
Mar 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 9, 2022 | Sold | $432,000 | MLS #21510395 |
| Dec 28, 2021 | Listed | $428,500 | MLS #786847 |
| Dec 14, 2021 | Listed | $428,500 | MLS #21510395 |
| Dec 17, 2020 | Sold | $85,000 | Public Record |
| Dec 5, 2020 | Listed | $85,000 | MLS #771605 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $57,940 | $1,018 |
| 2019 | — | — | $56,260 | $1,024 |
| 2018 | — | — | $54,630 | $1,044 |
| 2017 | — | — | $53,040 | $833 |
| 2016 | — | — | $51,500 | $798 |
| 2015 | — | — | $50,000 | $791 |
| 2014 | — | — | $48,550 | $706 |
| 2013 | — | — | $47,140 | $701 |
| 2012 | — | — | $45,770 | $681 |
| 2011 | — | — | $44,440 | $645 |
| 2010 | — | — | $43,150 | $621 |
| 2009 | — | — | $41,900 | $616 |
| 2008 | — | — | $40,680 | $616 |
| 2007 | — | — | $39,500 | $594 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,587 sqft
Lot size
6,098 sqft
ZIP code
97301
City
Salem
Street
Fanny Way
Coordinates
44.93754, -122.97468
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,174
Gross rental yield
8.82%
Implied cap rate
5.73%
Trend-extrapolated value
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Frequently asked questions
When did 562 Fanny Way last sell?
562 Fanny Way most recently sold on Mar 9, 2022 for $432,000.
What is the current tax assessment for 562 Fanny Way?
The most recent total assessment for 562 Fanny Way (year 2020) is $57,940 with $1,018 in property tax.
How does 562 Fanny Way's assessment compare to its last sale price?
The current assessment is 86.6% below the last sale price of $432,000.
When was 562 Fanny Way built?
562 Fanny Way was built in 2021.
How does 562 Fanny Way compare to others on Fanny Way?
We track 4 other properties on Fanny Way. Browse the list under "Other properties on Fanny Way" to compare beds, baths, and sale history.
What are the property facts for 562 Fanny Way?
562 Fanny Way is a 3 bed, 2 bath, 1,587 sqft, 6,098 sqft lot single_family.
Is 562 Fanny Way a flip candidate?
Yes — 562 Fanny Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 562 Fanny Way a tax-appeal candidate?
No — 562 Fanny Way 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
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