534 Illinois Ave
Salem, OR 97301
4 bd 2 ba 3,390 sqft Built 1939 Lot 5,865 sqft single_family
Most recent sale
$390,000
Feb 8, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 8, 2023 | Sold | $390,000 | Public Record |
| Jan 24, 2023 | Listing removed | — | Willamette |
| Dec 22, 2022 | Price changed | $369,000 | Willamette |
| Dec 4, 2022 | Price changed | $377,000 | Willamette |
| Nov 23, 2022 | Price changed | $393,000 | Willamette |
| Nov 13, 2022 | Price changed | $403,000 | Willamette |
| Nov 2, 2022 | Price changed | $456,900 | Willamette |
| Sep 18, 2022 | Price changed | $463,000 | MLS #797879 |
| Sep 16, 2022 | Listed | $497,000 | MLS #797879 |
| Feb 13, 2021 | Listing removed | $389,000 | RMLS |
| Oct 21, 2020 | Sold | $389,000 | MLS #20183418 |
| Sep 14, 2020 | Listing removed | — | Willamette |
| Sep 3, 2020 | Listed | $389,000 | MLS #768387 |
| Sep 3, 2020 | Listing removed | — | Willamette |
| Jul 16, 2020 | Listed | $389,000 | MLS #766271 |
| May 29, 2015 | Sold | $207,300 | Public Record |
| May 22, 2015 | Listing removed | $200,000 | Willamette |
| Apr 1, 2015 | Listed | $200,000 | MLS #688000 |
| Aug 24, 2010 | Sold | $183,500 | Public Record |
| Aug 4, 2010 | Listing removed | $184,900 | Willamette |
| Jul 19, 2010 | Price changed | $184,900 | MLS #629817 |
| Jul 9, 2010 | Listed | $189,900 | MLS #629817 |
| May 24, 2002 | Sold | $149,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $183,820 | $3,503 |
| 2021 | — | — | $178,470 | $3,403 |
| 2020 | — | — | $173,280 | $3,304 |
| 2019 | — | — | $168,240 | $3,188 |
| 2018 | — | — | $163,340 | $3,245 |
| 2017 | — | — | $158,590 | $2,929 |
| 2016 | — | — | $153,980 | $2,790 |
| 2015 | — | — | $149,500 | $2,811 |
| 2014 | — | — | $122,340 | $2,293 |
| 2013 | — | — | $118,780 | $2,246 |
| 2012 | — | — | $134,580 | $2,462 |
| 2011 | — | — | $111,980 | $2,097 |
| 2010 | — | — | $128,990 | $2,387 |
| 2009 | — | — | $125,240 | $2,227 |
| 2008 | — | — | $121,600 | $2,227 |
| 2007 | — | — | $118,060 | $2,156 |
Property facts
Year built
1939
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
3,390 sqft
Lot size
5,865 sqft
ZIP code
97301
City
Salem
Street
Illinois Ave
Coordinates
44.93680, -122.99430
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,340
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 534 Illinois Ave last sell?
534 Illinois Ave most recently sold on Feb 8, 2023 for $390,000.
What is the current tax assessment for 534 Illinois Ave?
The most recent total assessment for 534 Illinois Ave (year 2022) is $183,820 with $3,503 in property tax.
How does 534 Illinois Ave's assessment compare to its last sale price?
The current assessment is 52.9% below the last sale price of $390,000.
When was 534 Illinois Ave built?
534 Illinois Ave was built in 1939.
How does 534 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 534 Illinois Ave?
534 Illinois Ave is a 4 bed, 2 bath, 3,390 sqft, 5,865 sqft lot single_family.
Is 534 Illinois Ave a flip candidate?
No — 534 Illinois Ave does not appear in our flips dataset.
Is 534 Illinois Ave a tax-appeal candidate?
No — 534 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