424 Illinois Ave
Salem, OR 97301
3 bd 2 ba 1,825 sqft Built 1954 Lot 13,167 sqft single_family
Most recent sale
$360,000
Jul 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 12, 2022 | Sold | $360,000 | Public Record |
| Jun 8, 2022 | Price changed | $350,000 | MLS #790672 |
| Apr 5, 2022 | Listed | $365,000 | MLS #790672 |
| Jun 17, 2021 | Listing removed | $279,000 | RMLS |
| Jun 16, 2021 | Listing removed | $279,000 | RMLS |
| Dec 22, 2020 | Listed | $279,000 | MLS #772033 |
| Jan 17, 2020 | Listed | $135,000 | MLS #759192 |
| Mar 5, 2011 | Listed | $154,900 | MLS #638176 |
| Nov 14, 2009 | Price changed | $169,900 | MLS #9046244 |
| Oct 17, 2009 | Price changed | $169,900 | MLS #613094 |
| Jun 12, 2009 | Listed | $179,900 | MLS #9046244 |
| Mar 10, 2009 | Relisted | $189,900 | MLS #8102948 |
| Mar 5, 2009 | Relisted | $189,900 | MLS #603466 |
| Feb 13, 2009 | Listed | $189,900 | MLS #603466 |
| Oct 8, 2008 | Listed | $179,900 | MLS #8102948 |
| Dec 27, 2004 | Sold | $122,500 | Public Record |
| Apr 28, 1994 | Sold | $74,950 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $185,150 | $3,803 |
| 2024 | — | — | $179,760 | $3,529 |
| 2023 | — | — | $174,530 | $3,322 |
| 2022 | — | — | $169,450 | $3,229 |
| 2021 | — | — | $164,520 | $3,137 |
| 2020 | — | — | $159,730 | $3,046 |
| 2019 | — | — | $155,080 | $2,938 |
| 2018 | — | — | $150,570 | $2,991 |
| 2017 | — | — | $146,190 | $2,699 |
| 2016 | — | — | $141,940 | $2,571 |
| 2015 | — | — | $137,810 | $2,590 |
| 2014 | — | — | $133,800 | $2,507 |
| 2013 | — | — | $129,910 | $2,456 |
| 2012 | — | — | $126,130 | $2,396 |
| 2011 | — | — | $122,460 | $2,293 |
| 2010 | — | — | $118,900 | $2,200 |
| 2009 | — | — | $115,440 | $2,052 |
| 2008 | — | — | $112,080 | $2,052 |
| 2007 | — | — | $108,820 | $1,987 |
Property facts
Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,825 sqft
Lot size
13,167 sqft
ZIP code
97301
City
Salem
Street
Illinois Ave
Coordinates
44.93477, -122.99414
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,650
Gross rental yield
12.17%
Implied cap rate
7.91%
Trend-extrapolated value
—
Frequently asked questions
When did 424 Illinois Ave last sell?
424 Illinois Ave most recently sold on Jul 12, 2022 for $360,000.
What is the current tax assessment for 424 Illinois Ave?
The most recent total assessment for 424 Illinois Ave (year 2025) is $185,150 with $3,803 in property tax.
How does 424 Illinois Ave's assessment compare to its last sale price?
The current assessment is 48.6% below the last sale price of $360,000.
When was 424 Illinois Ave built?
424 Illinois Ave was built in 1954.
How does 424 Illinois Ave compare to others on Illinois Ave?
We track 5 other properties on Illinois Ave. Browse the list under "Other properties on Illinois Ave" to compare beds, baths, and sale history.
What are the property facts for 424 Illinois Ave?
424 Illinois Ave is a 3 bed, 2 bath, 1,825 sqft, 13,167 sqft lot single_family.
Is 424 Illinois Ave a flip candidate?
No — 424 Illinois Ave does not appear in our flips dataset.
Is 424 Illinois Ave a tax-appeal candidate?
No — 424 Illinois Ave 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
Explore nearby
Geography
Other properties on Illinois Ave