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3988 Hertel Dr

Salem, OR 97302

3 bd 2 ba 1,227 sqft Built 1959 Lot 7,840 sqft single_family
Most recent sale
$385,000
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $385,000 MLS #22409807
Sep 10, 2022 Price changed $379,900 MLS #22409807
Jul 22, 2022 Listed $379,900 MLS #795759
May 24, 2012 Sold $152,000 Public Record
Jan 3, 2012 Listed $155,000 MLS #647879
Sep 29, 2011 Listed $160,000 MLS #645469
Aug 11, 2011 Price changed $169,900 MLS #635935
Jul 1, 2011 Price changed $174,500 MLS #635935
Jun 27, 2011 Price changed $174,900 MLS #635935
Dec 30, 2010 Listed $179,900 MLS #635935

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $186,140 $3,550
2019 $180,720 $3,425
2018 $175,460 $3,486
2017 $170,350 $3,146
2016 $165,390 $2,996
2015 $160,580 $3,019
2014 $155,910 $2,922
2013 $150,120 $2,741
2012 $148,800 $2,723
2011 $151,370 $2,835
2010 $130,020 $2,406
2009 $126,240 $2,245
2008 $122,570 $2,245

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,227 sqft
Lot size
7,840 sqft
ZIP code
97302
City
Salem
Street
Hertel Dr
Coordinates
44.89792, -123.06157

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,454
Gross rental yield
7.65%
Implied cap rate
4.97%
Trend-extrapolated value

Frequently asked questions

When did 3988 Hertel Dr last sell?
3988 Hertel Dr most recently sold on Sep 15, 2022 for $385,000.
What is the current tax assessment for 3988 Hertel Dr?
The most recent total assessment for 3988 Hertel Dr (year 2020) is $186,140 with $3,550 in property tax.
How does 3988 Hertel Dr's assessment compare to its last sale price?
The current assessment is 51.7% below the last sale price of $385,000.
When was 3988 Hertel Dr built?
3988 Hertel Dr was built in 1959.
How does 3988 Hertel Dr compare to others on Hertel Dr?
We track 8 other properties on Hertel Dr. Browse the list under "Other properties on Hertel Dr" to compare beds, baths, and sale history.
What are the property facts for 3988 Hertel Dr?
3988 Hertel Dr is a 3 bed, 2 bath, 1,227 sqft, 7,840 sqft lot single_family.
Is 3988 Hertel Dr a flip candidate?
No — 3988 Hertel Dr does not appear in our flips dataset.
Is 3988 Hertel Dr a tax-appeal candidate?
No — 3988 Hertel 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
-1.1%
Implied 1-yr
-4.3%
2026 Q3
$449.5K
2026 Q4
$444.3K
ZIP 97302 — Median Price History + Forecast

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