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481 Powderhorn Ct

Salem, OR 97317

3 bd 2 ba 1,032 sqft Built 1976 Lot 7,840 sqft single_family
Most recent sale
$410,000
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2022 Sold $410,000 MLS #22383664
Mar 28, 2022 Listed $379,000 MLS #789963
Mar 26, 2022 Listed $379,000 MLS #22383664
Apr 30, 2021 Sold $300,000 Public Record
Oct 21, 2016 Listing removed $175,000 Willamette
Oct 19, 2016 Sold $186,000 MLS #16104843
Jun 8, 2016 Relisted $175,000 MLS #16104843
May 25, 2016 Listing removed $175,000 RMLS
May 20, 2016 Listed $175,000 MLS #704674
Aug 31, 2015 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $157,450 $2,636
2024 $152,870 $3,008
2023 $148,420 $3,026
2022 $144,100 $2,283
2021 $139,910 $2,262
2020 $135,840 $2,123
2019 $131,890 $2,139
2018 $128,050 $2,184
2017 $124,330 $1,849
2016 $113,390 $1,679
2015 $110,090 $1,662
2014 $106,890 $1,542
2013 $103,780 $1,478
2012 $102,730 $1,476
2011 $99,740 $1,428
2010 $96,840 $1,373
2009 $94,020 $1,363
2008 $91,290 $1,363
2007 $88,640 $1,313

Property facts

Year built
1976
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,032 sqft
Lot size
7,840 sqft
ZIP code
97317
City
Salem
Street
Powderhorn Ct
Coordinates
44.92506, -122.95897

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,064
Gross rental yield
6.04%
Implied cap rate
3.93%
Trend-extrapolated value

Frequently asked questions

When did 481 Powderhorn Ct last sell?
481 Powderhorn Ct most recently sold on May 4, 2022 for $410,000.
What is the current tax assessment for 481 Powderhorn Ct?
The most recent total assessment for 481 Powderhorn Ct (year 2025) is $157,450 with $2,636 in property tax.
How does 481 Powderhorn Ct's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $410,000.
When was 481 Powderhorn Ct built?
481 Powderhorn Ct was built in 1976.
How does 481 Powderhorn Ct compare to others on Powderhorn Ct?
We track 1 other property on Powderhorn Ct. Browse the list under "Other properties on Powderhorn Ct" to compare beds, baths, and sale history.
What are the property facts for 481 Powderhorn Ct?
481 Powderhorn Ct is a 3 bed, 2 bath, 1,032 sqft, 7,840 sqft lot single_family.
Is 481 Powderhorn Ct a flip candidate?
Yes — 481 Powderhorn Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 481 Powderhorn Ct a tax-appeal candidate?
No — 481 Powderhorn 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
-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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