1197 Hood St
Salem, OR 97301
6 bd 4 ba 2,560 sqft Built 2004 multi_family
Most recent sale
$505,000
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 29, 2022 | Sold | $505,000 | MLS #22270868 |
| Jun 25, 2022 | Price changed | $499,900 | MLS #22270868 |
| Jun 7, 2022 | Listed | $529,000 | MLS #22270868 |
| Jun 6, 2022 | Listed | $529,000 | MLS #793484 |
| Feb 11, 2014 | Sold | $170,000 | Public Record |
| Jan 3, 2011 | Listing removed | $199,900 | Willamette |
| Sep 28, 2010 | Price changed | $199,900 | MLS #629672 |
| Jul 7, 2010 | Listed | $210,000 | MLS #629672 |
| Jan 5, 2004 | Sold | $100,000 | Public Record |
| Apr 23, 1998 | Sold | $320,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $185,420 | $3,536 |
| 2019 | — | — | $180,020 | $3,412 |
| 2018 | — | — | $174,780 | $3,472 |
| 2017 | — | — | $169,690 | $3,134 |
| 2016 | — | — | $164,750 | $2,985 |
| 2015 | — | — | $159,960 | $3,007 |
| 2014 | — | — | $155,310 | $2,911 |
| 2013 | — | — | $150,790 | $2,851 |
| 2012 | — | — | $146,400 | $2,782 |
| 2011 | — | — | $142,140 | $2,662 |
| 2010 | — | — | $138,000 | $2,553 |
| 2009 | — | — | $133,990 | $2,382 |
| 2008 | — | — | $130,090 | $2,382 |
Property facts
Year built
2004
Property type
multi_family
Stories
—
Beds
6
Baths
4
Living area
2,560 sqft
Lot size
—
ZIP code
97301
City
Salem
Street
Hood St
Coordinates
44.95039, -123.01985
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,120
Gross rental yield
12.17%
Implied cap rate
7.91%
Trend-extrapolated value
—
Frequently asked questions
When did 1197 Hood St last sell?
1197 Hood St most recently sold on Jul 29, 2022 for $505,000.
What is the current tax assessment for 1197 Hood St?
The most recent total assessment for 1197 Hood St (year 2020) is $185,420 with $3,536 in property tax.
How does 1197 Hood St's assessment compare to its last sale price?
The current assessment is 63.3% below the last sale price of $505,000.
When was 1197 Hood St built?
1197 Hood St was built in 2004.
How does 1197 Hood St compare to others on Hood St?
We track 3 other properties on Hood St. Browse the list under "Other properties on Hood St" to compare beds, baths, and sale history.
What are the property facts for 1197 Hood St?
1197 Hood St is a 6 bed, 4 bath, 2,560 sqft multi_family.
Is 1197 Hood St a flip candidate?
No — 1197 Hood St does not appear in our flips dataset.
Is 1197 Hood St a tax-appeal candidate?
No — 1197 Hood St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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