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605 Ratcliff Dr

Salem, OR 97302

3 bd 2 ba 2,380 sqft Built 1941 Lot 10,019 sqft single_family
Most recent sale
$460,000
Nov 29, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 29, 2023 Sold $460,000 Willamette
Aug 28, 2023 Price changed $454,800 Willamette
Jun 15, 2023 Price changed $474,800 Willamette
Apr 21, 2023 Listed $479,900 Willamette
Apr 10, 2023 Listing removed Willamette
Feb 1, 2023 Price changed $489,000 Willamette
Jan 20, 2023 Price changed $489,900 Willamette
Oct 18, 2022 Listed $499,900 Willamette
Sep 27, 2019 Listing removed Willamette
Sep 26, 2019 Sold $318,000 RMLS
Jul 26, 2019 Price changed $335,000 Willamette
Jul 18, 2019 Price changed $345,000 Willamette
Jul 11, 2019 Listed $355,000 Willamette
Jul 25, 2017 Listing removed $280,000 Willamette
Jul 21, 2017 Sold $280,000 Public Record
May 26, 2017 Listed $280,000 Willamette
Apr 12, 2002 Sold $157,500 Public Record
Mar 28, 1997 Sold $133,000 Public Record
Dec 23, 1996 Sold $95,000 Public Record
Jan 28, 1993 Sold $120,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $236,530 $4,508
2021 $229,650 $4,379
2020 $222,970 $4,252
2019 $216,480 $4,102
2018 $210,180 $4,175
2017 $204,060 $3,768
2016 $198,120 $3,589
2015 $192,350 $3,616
2014 $186,750 $3,499
2013 $181,320 $3,428
2012 $176,040 $3,345
2011 $170,920 $3,200
2010 $165,950 $3,070
2009 $161,120 $2,864
2008 $156,430 $2,864
2007 $151,880 $2,774

Property facts

Year built
1941
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,380 sqft
Lot size
10,019 sqft
ZIP code
97302
City
Salem
Street
Ratcliff Dr
Coordinates
44.90885, -123.04164

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,760
Gross rental yield
12.42%
Implied cap rate
8.07%
Trend-extrapolated value

Frequently asked questions

When did 605 Ratcliff Dr last sell?
605 Ratcliff Dr most recently sold on Nov 29, 2023 for $460,000.
What is the current tax assessment for 605 Ratcliff Dr?
The most recent total assessment for 605 Ratcliff Dr (year 2022) is $236,530 with $4,508 in property tax.
How does 605 Ratcliff Dr's assessment compare to its last sale price?
The current assessment is 48.6% below the last sale price of $460,000.
When was 605 Ratcliff Dr built?
605 Ratcliff Dr was built in 1941.
How does 605 Ratcliff Dr compare to others on Ratcliff Dr?
We track 7 other properties on Ratcliff Dr. Browse the list under "Other properties on Ratcliff Dr" to compare beds, baths, and sale history.
What are the property facts for 605 Ratcliff Dr?
605 Ratcliff Dr is a 3 bed, 2 bath, 2,380 sqft, 10,019 sqft lot single_family.
Is 605 Ratcliff Dr a flip candidate?
No — 605 Ratcliff Dr does not appear in our flips dataset.
Is 605 Ratcliff Dr a tax-appeal candidate?
No — 605 Ratcliff Dr 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
-1.1%
Implied 1-yr
-4.3%
2026 Q3
$449.5K
2026 Q4
$444.3K
ZIP 97302 — Median Price History + Forecast

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