650 Melandy Ln
Salem, OR 97317
5 bd 3 ba 2,929 sqft Built 1994 Lot 65,340 sqft single_family
Most recent sale
$1,026,000
Sep 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 20, 2024 | Sold | $1,205,000 | Willamette |
| Jul 3, 2024 | Listed | $1,200,000 | Willamette |
| Sep 20, 2022 | Sold | $1,026,000 | Public Record |
| Aug 8, 2022 | Listed | $995,000 | MLS #796279 |
| Jun 27, 2016 | Sold | $510,000 | MLS #16339869 |
| Apr 23, 2016 | Listing removed | $535,000 | Willamette |
| Feb 2, 2016 | Listed | $535,000 | MLS #699886 |
| Dec 1, 2015 | Listing removed | $525,000 | RMLS |
| Jul 24, 2015 | Price changed | $525,000 | MLS #15368243 |
| May 15, 2015 | Price changed | $550,000 | MLS #687221 |
| Mar 12, 2015 | Listed | $560,000 | MLS #687221 |
| May 1, 2010 | Listing removed | $599,900 | RMLS |
| Apr 16, 2010 | Relisted | $599,900 | MLS #9078937 |
| Mar 16, 2010 | Listing removed | $599,900 | RMLS |
| Oct 9, 2009 | Listed | $599,900 | MLS #618496 |
| Oct 8, 2009 | Listed | $599,900 | MLS #9078937 |
| Sep 16, 2009 | Listing removed | $599,900 | RMLS |
| Mar 6, 2009 | Listed | $599,900 | MLS #9019196 |
| Mar 2, 2009 | Listed | $599,900 | MLS #608752 |
| Oct 16, 2003 | Sold | $429,000 | Public Record |
| Apr 20, 1994 | Sold | $33,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $443,960 | $5,969 |
| 2019 | — | — | $431,030 | $6,039 |
| 2018 | — | — | $418,480 | $6,138 |
| 2017 | — | — | $406,300 | $5,444 |
| 2016 | — | — | $394,470 | $5,208 |
| 2015 | — | — | $388,170 | $5,178 |
| 2014 | — | — | $376,870 | $4,882 |
| 2013 | — | — | $365,900 | $4,932 |
| 2012 | — | — | $348,900 | $4,560 |
| 2011 | — | — | $355,250 | $4,599 |
| 2010 | — | — | $344,910 | $4,475 |
| 2009 | — | — | $267,340 | $4,317 |
| 2008 | — | — | $325,120 | $4,317 |
Property facts
Year built
1994
Property type
single_family
Stories
—
Beds
5
Baths
3
Living area
2,929 sqft
Lot size
65,340 sqft
ZIP code
97317
City
Salem
Street
Melandy Ln
Coordinates
44.93865, -122.93746
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,858
Gross rental yield
6.85%
Implied cap rate
4.45%
Trend-extrapolated value
—
Frequently asked questions
When did 650 Melandy Ln last sell?
650 Melandy Ln most recently sold on Sep 20, 2022 for $1,026,000.
What is the current tax assessment for 650 Melandy Ln?
The most recent total assessment for 650 Melandy Ln (year 2020) is $443,960 with $5,969 in property tax.
How does 650 Melandy Ln's assessment compare to its last sale price?
The current assessment is 56.7% below the last sale price of $1,026,000.
When was 650 Melandy Ln built?
650 Melandy Ln was built in 1994.
How does 650 Melandy Ln compare to others on Melandy Ln?
We track 1 other property on Melandy Ln. Browse the list under "Other properties on Melandy Ln" to compare beds, baths, and sale history.
What are the property facts for 650 Melandy Ln?
650 Melandy Ln is a 5 bed, 3 bath, 2,929 sqft, 65,340 sqft lot single_family.
Is 650 Melandy Ln a flip candidate?
No — 650 Melandy Ln does not appear in our flips dataset.
Is 650 Melandy Ln a tax-appeal candidate?
No — 650 Melandy Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-9.3%
Implied 1-yr
-37.4%
2026 Q3
$239.9K
2026 Q4
$212.7K
ZIP 97317 — Median Price History + Forecast
Explore nearby
Geography
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