4187 Monroe Ave
Salem, OR 97301
3 bd 3 ba 2,560 sqft Built 1996 Lot 3,920 sqft single_family
Most recent sale
$407,650
Apr 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 4, 2022 | Listing removed | $440,000 | RMLS |
| Apr 18, 2022 | Sold | $407,650 | MLS #22657011 |
| Mar 15, 2022 | Listed | $419,500 | MLS #22657011 |
| Mar 1, 2022 | Listing removed | $500,100 | RMLS |
| Oct 25, 2021 | Listed | $440,000 | MLS #785306 |
| Oct 15, 2021 | Listed | $440,000 | MLS #21461649 |
| Sep 9, 2021 | Listed | $500,100 | MLS #220131434 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $248,450 | $4,024 |
| 2024 | — | — | $241,220 | $3,900 |
| 2023 | — | — | $234,200 | $3,667 |
| 2022 | — | — | $227,380 | $3,488 |
| 2021 | — | — | $122,010 | $1,799 |
Property facts
Year built
1996
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,560 sqft
Lot size
3,920 sqft
ZIP code
97301
City
Salem
Street
Monroe Ave
Coordinates
44.93345, -122.97859
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,446
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 4187 Monroe Ave last sell?
4187 Monroe Ave most recently sold on Apr 18, 2022 for $407,650.
What is the current tax assessment for 4187 Monroe Ave?
The most recent total assessment for 4187 Monroe Ave (year 2025) is $248,450 with $4,024 in property tax.
How does 4187 Monroe Ave's assessment compare to its last sale price?
The current assessment is 39.1% below the last sale price of $407,650.
When was 4187 Monroe Ave built?
4187 Monroe Ave was built in 1996.
How does 4187 Monroe Ave compare to others on Monroe Ave?
We track 8 other properties on Monroe Ave. Browse the list under "Other properties on Monroe Ave" to compare beds, baths, and sale history.
What are the property facts for 4187 Monroe Ave?
4187 Monroe Ave is a 3 bed, 3 bath, 2,560 sqft, 3,920 sqft lot single_family.
Is 4187 Monroe Ave a flip candidate?
No — 4187 Monroe Ave does not appear in our flips dataset.
Is 4187 Monroe Ave a tax-appeal candidate?
No — 4187 Monroe 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 Monroe Ave