5374 Greenlea Way
Salem, OR 97317
4 bd 4 ba 3,070 sqft Built 1981 Lot 87,556 sqft single_family
Most recent sale
$1,300,000
May 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 9, 2022 | Sold | $1,300,000 | MLS #22361966 |
| Apr 2, 2022 | Listed | $1,300,000 | MLS #790563 |
| Feb 12, 2022 | Listed | $1,200,000 | MLS #788601 |
| Apr 5, 2005 | Sold | $355,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $563,610 | $7,338 |
| 2024 | — | — | $547,200 | $7,116 |
| 2023 | — | — | $531,270 | $6,513 |
| 2022 | — | — | $486,540 | $5,988 |
| 2021 | — | — | $472,370 | $5,986 |
| 2020 | — | — | $458,620 | $5,538 |
| 2019 | — | — | $445,270 | $5,713 |
| 2018 | — | — | $432,310 | $5,754 |
| 2017 | — | — | $419,720 | $5,590 |
| 2016 | — | — | $407,500 | $5,435 |
| 2015 | — | — | $395,640 | $5,119 |
| 2014 | — | — | $384,120 | $4,976 |
| 2013 | — | — | $372,940 | $4,852 |
| 2012 | — | — | $326,020 | $4,257 |
| 2011 | — | — | $316,530 | $4,078 |
| 2010 | — | — | $307,320 | $3,955 |
| 2009 | — | — | $298,370 | $3,733 |
| 2008 | — | — | $289,680 | $3,733 |
| 2007 | — | — | $272,400 | $3,540 |
Property facts
Year built
1981
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
3,070 sqft
Lot size
87,556 sqft
ZIP code
97317
City
Salem
Street
Greenlea Way
Coordinates
44.87667, -122.92175
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,140
Gross rental yield
5.67%
Implied cap rate
3.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5374 Greenlea Way last sell?
5374 Greenlea Way most recently sold on May 9, 2022 for $1,300,000.
What is the current tax assessment for 5374 Greenlea Way?
The most recent total assessment for 5374 Greenlea Way (year 2025) is $563,610 with $7,338 in property tax.
How does 5374 Greenlea Way's assessment compare to its last sale price?
The current assessment is 56.6% below the last sale price of $1,300,000.
When was 5374 Greenlea Way built?
5374 Greenlea Way was built in 1981.
How does 5374 Greenlea Way compare to others on Greenlea Way?
We do not currently track other properties on Greenlea Way.
What are the property facts for 5374 Greenlea Way?
5374 Greenlea Way is a 4 bed, 4 bath, 3,070 sqft, 87,556 sqft lot single_family.
Is 5374 Greenlea Way a flip candidate?
No — 5374 Greenlea Way does not appear in our flips dataset.
Is 5374 Greenlea Way a tax-appeal candidate?
No — 5374 Greenlea 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
-9.3%
Implied 1-yr
-37.4%
2026 Q3
$239.9K
2026 Q4
$212.7K
ZIP 97317 — Median Price History + Forecast
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Geography