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
| Date | Event | Price | Source |
|---|---|---|---|
| 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
| Year | Building | Land | Total assessed | Tax 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 adviceEstimated 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 valuationQuarterly 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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