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4704 Happy Dr

Salem, OR 97305

3 bd 2 ba 1,397 sqft Built 1995 Lot 7,956 sqft single_family
Most recent sale
$420,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 16, 2022 Sold $420,000 Public Record
Apr 21, 2022 Listed $389,900 MLS #791383
Jan 17, 2002 Sold $127,500 Public Record
Nov 5, 1997 Sold $112,900 Public Record
Dec 29, 1995 Sold $1,512,195 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $220,380 $3,879
2024 $213,970 $3,599
2023 $207,740 $3,388
2022 $201,690 $3,293
2021 $195,820 $3,734
2020 $190,120 $3,626
2019 $184,590 $3,498
2018 $179,220 $3,560
2017 $174,000 $3,213
2016 $168,940 $3,060
2015 $164,020 $3,083
2014 $156,390 $2,823
2013 $138,040 $2,520
2012 $143,760 $2,630
2011 $159,250 $2,872
2010 $157,120 $2,907
2009 $152,550 $2,712
2008 $148,110 $2,712
2007 $143,800 $2,626

Property facts

Year built
1995
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,397 sqft
Lot size
7,956 sqft
ZIP code
97305
City
Salem
Street
Happy Dr
Coordinates
44.99022, -122.97555

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
$2,794
Gross rental yield
7.98%
Implied cap rate
5.19%
Trend-extrapolated value

Frequently asked questions

When did 4704 Happy Dr last sell?
4704 Happy Dr most recently sold on Jun 16, 2022 for $420,000.
What is the current tax assessment for 4704 Happy Dr?
The most recent total assessment for 4704 Happy Dr (year 2025) is $220,380 with $3,879 in property tax.
How does 4704 Happy Dr's assessment compare to its last sale price?
The current assessment is 47.5% below the last sale price of $420,000.
When was 4704 Happy Dr built?
4704 Happy Dr was built in 1995.
How does 4704 Happy Dr compare to others on Happy Dr?
We track 8 other properties on Happy Dr. Browse the list under "Other properties on Happy Dr" to compare beds, baths, and sale history.
What are the property facts for 4704 Happy Dr?
4704 Happy Dr is a 3 bed, 2 bath, 1,397 sqft, 7,956 sqft lot single_family.
Is 4704 Happy Dr a flip candidate?
No — 4704 Happy Dr does not appear in our flips dataset.
Is 4704 Happy Dr a tax-appeal candidate?
No — 4704 Happy Dr 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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