1050 Patterson Ave
Salem, OR 97304
5 bd 3 ba 2,588 sqft Built 1956 Lot 10,019 sqft single_family
Most recent sale
$515,000
May 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 23, 2022 | Sold | $515,000 | MLS #22126395 |
| Apr 21, 2022 | Listed | $439,900 | MLS #22126395 |
| Oct 9, 2009 | Sold | $175,000 | Public Record |
| Sep 28, 2009 | Listing removed | $176,500 | Willamette |
| Sep 17, 2009 | Price changed | $176,500 | MLS #611146 |
| May 1, 2009 | Listed | $185,000 | MLS #611146 |
| May 1, 2009 | Listing removed | $229,900 | Willamette |
| Mar 31, 2009 | Listed | $229,900 | MLS #609799 |
| Aug 10, 2005 | Sold | $178,900 | Public Record |
| Jul 14, 1999 | Sold | $142,900 | Public Record |
| Jul 13, 1999 | Sold | $142,900 | Public Record |
| Jan 1, 1999 | Sold | $142,900 | Public Record |
| Mar 12, 1986 | Sold | $38,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $145,580 | $72,380 | $217,960 | $4,305 |
| 2023 | $137,230 | $68,230 | $205,460 | $3,872 |
| 2022 | $133,230 | $66,250 | $199,480 | $3,748 |
| 2021 | $129,350 | $64,320 | $193,670 | $3,641 |
| 2020 | $125,580 | $62,450 | $188,030 | $3,533 |
| 2019 | $121,930 | $60,630 | $182,560 | $3,409 |
| 2018 | $118,390 | $58,860 | $177,250 | $3,353 |
| 2017 | $114,940 | $57,150 | $172,090 | $3,022 |
| 2016 | $111,590 | $55,490 | $167,080 | $2,950 |
| 2015 | $108,350 | $53,870 | $162,220 | $2,975 |
| 2014 | $105,200 | $52,300 | $157,500 | $2,842 |
| 2013 | $102,150 | $50,770 | $152,920 | $2,781 |
| 2012 | $99,180 | $49,290 | $148,470 | $2,717 |
| 2011 | $96,290 | $47,860 | $144,150 | $2,599 |
| 2010 | $93,500 | $46,460 | $139,960 | $2,490 |
| 2009 | $90,780 | $45,110 | $135,890 | $2,456 |
| 2008 | $88,150 | $43,790 | $131,940 | $2,316 |
| 2007 | $85,580 | $42,520 | $128,100 | $2,260 |
Property facts
Year built
1956
Property type
single_family
Stories
3
Beds
5
Baths
3
Living area
2,588 sqft
Lot size
10,019 sqft
ZIP code
97304
City
Salem
Street
Patterson Ave
Coordinates
44.94962, -123.05807
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,176
Gross rental yield
12.06%
Implied cap rate
7.84%
Trend-extrapolated value
—
Frequently asked questions
When did 1050 Patterson Ave last sell?
1050 Patterson Ave most recently sold on May 23, 2022 for $515,000.
What is the current tax assessment for 1050 Patterson Ave?
The most recent total assessment for 1050 Patterson Ave (year 2025) is $217,960 with $4,305 in property tax.
How does 1050 Patterson Ave's assessment compare to its last sale price?
The current assessment is 57.7% below the last sale price of $515,000.
When was 1050 Patterson Ave built?
1050 Patterson Ave was built in 1956.
How does 1050 Patterson Ave compare to others on Patterson Ave?
We do not currently track other properties on Patterson Ave.
What are the property facts for 1050 Patterson Ave?
1050 Patterson Ave is a 5 bed, 3 bath, 2,588 sqft, 10,019 sqft lot single_family.
Is 1050 Patterson Ave a flip candidate?
No — 1050 Patterson Ave does not appear in our flips dataset.
Is 1050 Patterson Ave a tax-appeal candidate?
No — 1050 Patterson 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
+0.9%
Implied 1-yr
+3.5%
2026 Q3
$567.6K
2026 Q4
$572.3K
ZIP 97304 — Median Price History + Forecast
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Geography