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488 Larussa Ct

Salem, OR 97301

3 bd 2 ba 1,282 sqft Built 2002 Lot 4,018 sqft single_family
Most recent sale
$340,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $340,000 Public Record
Jun 1, 2022 Price changed $340,000 MLS #792031
May 25, 2022 Price changed $349,000 MLS #792031
May 11, 2022 Listed $350,000 MLS #792031
Jul 2, 2020 Listed for rent $1,450 AppfolioUnits
May 12, 2016 Sold $135,000 Public Record
Dec 2, 2002 Sold $106,270 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $155,380 $2,400
2019 $150,860 $2,419
2018 $146,470 $2,476
2017 $142,210 $2,110
2016 $138,070 $2,032
2015 $134,050 $2,001
2014 $130,150 $1,880
2013 $125,420 $1,784
2012 $124,430 $1,771
2011 $126,360 $1,804
2010 $122,680 $1,735
2009 $119,110 $1,722
2008 $115,650 $1,722
2007 $112,290 $1,659

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,282 sqft
Lot size
4,018 sqft
ZIP code
97301
City
Salem
Street
Larussa Ct
Coordinates
44.93583, -122.96905

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,564
Gross rental yield
9.05%
Implied cap rate
5.88%
Trend-extrapolated value

Frequently asked questions

When did 488 Larussa Ct last sell?
488 Larussa Ct most recently sold on Jul 29, 2022 for $340,000.
What is the current tax assessment for 488 Larussa Ct?
The most recent total assessment for 488 Larussa Ct (year 2020) is $155,380 with $2,400 in property tax.
How does 488 Larussa Ct's assessment compare to its last sale price?
The current assessment is 54.3% below the last sale price of $340,000.
When was 488 Larussa Ct built?
488 Larussa Ct was built in 2002.
How does 488 Larussa Ct compare to others on Larussa Ct?
We track 5 other properties on Larussa Ct. Browse the list under "Other properties on Larussa Ct" to compare beds, baths, and sale history.
What are the property facts for 488 Larussa Ct?
488 Larussa Ct is a 3 bed, 2 bath, 1,282 sqft, 4,018 sqft lot single_family.
Is 488 Larussa Ct a flip candidate?
No — 488 Larussa Ct does not appear in our flips dataset.
Is 488 Larussa Ct a tax-appeal candidate?
No — 488 Larussa Ct 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
-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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