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4704 Gray Ave

Salem, OR 97301

4 bd 3 ba 2,335 sqft Built 2022 Lot 4,356 sqft single_family
Most recent sale
$504,595
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2024 Sold $487,500 RMLS
Jun 13, 2024 Price changed $485,000 Willamette
Jun 6, 2024 Price changed $493,000 Willamette
May 30, 2024 Price changed $499,800 Willamette
Mar 27, 2024 Price changed $499,900 Willamette
Mar 1, 2024 Listed $520,000 Willamette
Jun 3, 2022 Sold $504,595 MLS #22111662
Feb 27, 2022 Price changed $495,000 MLS #22111662
Feb 26, 2022 Listed $469,995 MLS #710-71361-713620000-0055
Feb 23, 2022 Listed $469,995 MLS #22111662

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $298,780 $6,138
2024 $290,080 $5,695
2023 $281,640 $5,361
2022 $55,230 $1,052

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,335 sqft
Lot size
4,356 sqft
ZIP code
97301
City
Salem
Street
Gray Ave
Coordinates
44.93265, -122.96625

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,670
Gross rental yield
11.11%
Implied cap rate
7.22%
Trend-extrapolated value

Frequently asked questions

When did 4704 Gray Ave last sell?
4704 Gray Ave most recently sold on Jun 3, 2022 for $504,595.
What is the current tax assessment for 4704 Gray Ave?
The most recent total assessment for 4704 Gray Ave (year 2025) is $298,780 with $6,138 in property tax.
How does 4704 Gray Ave's assessment compare to its last sale price?
The current assessment is 40.8% below the last sale price of $504,595.
When was 4704 Gray Ave built?
4704 Gray Ave was built in 2022.
How does 4704 Gray Ave compare to others on Gray Ave?
We track 8 other properties on Gray Ave. Browse the list under "Other properties on Gray Ave" to compare beds, baths, and sale history.
What are the property facts for 4704 Gray Ave?
4704 Gray Ave is a 4 bed, 3 bath, 2,335 sqft, 4,356 sqft lot single_family.
Is 4704 Gray Ave a flip candidate?
No — 4704 Gray Ave does not appear in our flips dataset.
Is 4704 Gray Ave a tax-appeal candidate?
No — 4704 Gray 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
-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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