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4792 Lancaster Dr

Salem, OR 97305

2 bd 2 ba 928 sqft Built 1997 condos
Most recent sale
$190,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $190,000 MLS #22439731
Mar 23, 2022 Listed $205,000 MLS #22439731
Nov 6, 2015 Sold $72,982 Public Record
Aug 31, 2015 Sold $65,100 Public Record
Sep 14, 2007 Sold $109,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $116,310 $2,389
2024 $112,930 $2,217
2023 $109,650 $2,087
2022 $106,460 $2,029
2021 $103,360 $1,971
2020 $100,350 $1,914
2019 $97,430 $1,846
2018 $94,600 $1,879
2017 $91,850 $1,696
2016 $89,180 $1,597
2015 $86,590 $86,590 $1,581
2014 $70,400 $1,270
2013 $70,400 $1,285
2012 $68,800 $1,258
2011 $84,460 $1,575
2010 $82,000 $1,517
2009 $79,620 $1,415
2008 $77,310 $1,415
2007 $75,060 $1,371

Property facts

Year built
1997
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
928 sqft
Lot size
ZIP code
97305
City
Salem
Street
Lancaster Dr
Coordinates
44.99286, -122.98092

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,856
Gross rental yield
11.72%
Implied cap rate
7.62%
Trend-extrapolated value

Frequently asked questions

When did 4792 Lancaster Dr last sell?
4792 Lancaster Dr most recently sold on Apr 29, 2022 for $190,000.
What is the current tax assessment for 4792 Lancaster Dr?
The most recent total assessment for 4792 Lancaster Dr (year 2025) is $116,310 with $2,389 in property tax.
How does 4792 Lancaster Dr's assessment compare to its last sale price?
The current assessment is 38.8% below the last sale price of $190,000.
When was 4792 Lancaster Dr built?
4792 Lancaster Dr was built in 1997.
How does 4792 Lancaster Dr compare to others on Lancaster Dr?
We track 8 other properties on Lancaster Dr. Browse the list under "Other properties on Lancaster Dr" to compare beds, baths, and sale history.
What are the property facts for 4792 Lancaster Dr?
4792 Lancaster Dr is a 2 bed, 2 bath, 928 sqft condos.
Is 4792 Lancaster Dr a flip candidate?
No — 4792 Lancaster Dr does not appear in our flips dataset.
Is 4792 Lancaster Dr a tax-appeal candidate?
No — 4792 Lancaster 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
+3.3%
Implied 1-yr
+13.2%
2026 Q3
$469.8K
2026 Q4
$482.5K
ZIP 97305 — Median Price History + Forecast

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