1802 Rees Hill Rd
Salem, OR 97306
9 bd 12 ba 4,707 sqft Built 2022 multi_family
Most recent sale
$1,180,000
Jul 31, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 31, 2023 | Listing removed | — | Willamette |
| Jul 31, 2023 | Sold | $1,180,000 | Public Record |
| May 1, 2023 | Price changed | $1,199,000 | Willamette |
| Apr 18, 2023 | Price changed | $1,225,000 | Willamette |
| Mar 1, 2023 | Price changed | $1,269,000 | Willamette |
| Oct 14, 2022 | Listing removed | — | Zumper |
| Oct 7, 2022 | Listing removed | — | RentlinxUnits |
| Oct 5, 2022 | Listed | $1,295,000 | MLS #22461847 |
| Sep 29, 2022 | Listed for rent | $2,300 | Zumper |
| Aug 16, 2022 | Listed for rent | $2,300 | RentlinxUnits |
| Jul 26, 2022 | Listed | $1,295,000 | MLS #794864 |
| Aug 23, 2011 | Sold | $1,071,021 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $264,450 | $5,040 |
| 2021 | — | — | $69,630 | $1,327 |
| 2020 | — | — | $67,610 | $1,289 |
| 2019 | — | — | $65,650 | $1,244 |
| 2018 | — | — | $63,740 | $1,266 |
| 2017 | — | — | $61,890 | $1,142 |
| 2016 | — | — | $60,090 | $1,088 |
| 2015 | — | — | $58,340 | $1,096 |
| 2014 | — | — | $56,650 | $1,061 |
| 2013 | — | — | $55,000 | $1,004 |
| 2012 | — | — | $54,110 | $1,003 |
| 2011 | — | — | $52,540 | $983 |
| 2010 | — | — | $51,010 | $943 |
| 2009 | — | — | $49,530 | $413 |
| 2008 | — | — | $22,560 | $413 |
| 2007 | — | — | $36,140 | $660 |
Property facts
Year built
2022
Property type
multi_family
Stories
3
Beds
9
Baths
12
Living area
4,707 sqft
Lot size
—
ZIP code
97306
City
Salem
Street
Rees Hill Rd
Coordinates
44.85711, -123.02070
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$9,414
Gross rental yield
9.57%
Implied cap rate
6.22%
Trend-extrapolated value
—
Frequently asked questions
When did 1802 Rees Hill Rd last sell?
1802 Rees Hill Rd most recently sold on Jul 31, 2023 for $1,180,000.
What is the current tax assessment for 1802 Rees Hill Rd?
The most recent total assessment for 1802 Rees Hill Rd (year 2022) is $264,450 with $5,040 in property tax.
How does 1802 Rees Hill Rd's assessment compare to its last sale price?
The current assessment is 77.6% below the last sale price of $1,180,000.
When was 1802 Rees Hill Rd built?
1802 Rees Hill Rd was built in 2022.
How does 1802 Rees Hill Rd compare to others on Rees Hill Rd?
We track 8 other properties on Rees Hill Rd. Browse the list under "Other properties on Rees Hill Rd" to compare beds, baths, and sale history.
What are the property facts for 1802 Rees Hill Rd?
1802 Rees Hill Rd is a 9 bed, 12 bath, 4,707 sqft multi_family.
Is 1802 Rees Hill Rd a flip candidate?
No — 1802 Rees Hill Rd does not appear in our flips dataset.
Is 1802 Rees Hill Rd a tax-appeal candidate?
No — 1802 Rees Hill Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.1%
Implied 1-yr
-0.5%
2026 Q3
$550.7K
2026 Q4
$549.9K
ZIP 97306 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rees Hill Rd