7894 Olney St
Salem, OR 97317
1 bd 2 ba 1,280 sqft Built 1993 Lot 217,800 sqft single_family
Most recent sale
$706,000
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2022 | Sold | $706,000 | MLS #22422186 |
| Sep 10, 2022 | Price changed | $729,000 | MLS #22422186 |
| Sep 1, 2022 | Price changed | $729,000 | MLS #22422186 |
| Aug 23, 2022 | Price changed | $739,000 | MLS #796130 |
| Aug 10, 2022 | Listed | $750,000 | MLS #22422186 |
| Aug 1, 2022 | Listed | $750,000 | MLS #796130 |
| Aug 20, 2021 | Sold | $565,000 | MLS #21322810 |
| May 23, 2005 | Sold | $258,000 | Public Record |
| Dec 12, 2001 | Sold | $160,000 | Public Record |
| May 4, 1991 | Sold | $32,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $202,730 | $2,375 |
| 2019 | — | — | $196,830 | $2,328 |
| 2018 | — | — | $191,100 | $2,351 |
| 2017 | — | — | $185,540 | $2,283 |
| 2016 | — | — | $180,140 | $2,219 |
| 2015 | — | — | $174,900 | $2,159 |
| 2014 | — | — | $169,810 | $2,103 |
| 2013 | — | — | $164,870 | $2,047 |
| 2012 | — | — | $160,070 | $2,004 |
| 2011 | — | — | $155,410 | $1,937 |
| 2010 | — | — | $150,890 | $1,868 |
| 2009 | — | — | $146,500 | $1,746 |
| 2008 | — | — | $142,240 | $1,746 |
Property facts
Year built
1993
Property type
single_family
Stories
2
Beds
1
Baths
2
Living area
1,280 sqft
Lot size
217,800 sqft
ZIP code
97317
City
Salem
Street
Olney St
Coordinates
44.85013, -122.89921
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,560
Gross rental yield
4.35%
Implied cap rate
2.83%
Trend-extrapolated value
—
Frequently asked questions
When did 7894 Olney St last sell?
7894 Olney St most recently sold on Oct 14, 2022 for $706,000.
What is the current tax assessment for 7894 Olney St?
The most recent total assessment for 7894 Olney St (year 2020) is $202,730 with $2,375 in property tax.
How does 7894 Olney St's assessment compare to its last sale price?
The current assessment is 71.3% below the last sale price of $706,000.
When was 7894 Olney St built?
7894 Olney St was built in 1993.
How does 7894 Olney St compare to others on Olney St?
We track 7 other properties on Olney St. Browse the list under "Other properties on Olney St" to compare beds, baths, and sale history.
What are the property facts for 7894 Olney St?
7894 Olney St is a 1 bed, 2 bath, 1,280 sqft, 217,800 sqft lot single_family.
Is 7894 Olney St a flip candidate?
Yes — 7894 Olney St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7894 Olney St a tax-appeal candidate?
No — 7894 Olney St 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
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