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255 Richmond Ave

Salem, OR 97301

4 bd 2 ba 1,732 sqft Built 1925 single_family
Most recent sale
$395,000
Sep 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2022 Sold $395,000 Public Record
Jul 26, 2022 Listed $395,000 MLS #795872
Jan 4, 1985 Sold $36,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $174,620 $3,330
2019 $169,540 $3,213
2018 $164,610 $3,270
2017 $159,820 $2,951
2016 $155,170 $2,811
2015 $150,660 $2,833
2014 $146,280 $2,704
2013 $133,340 $2,434
2012 $129,730 $2,374
2011 $142,020 $2,652
2010 $137,890 $2,551
2009 $133,880 $2,380
2008 $129,990 $2,380

Property facts

Year built
1925
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,732 sqft
Lot size
ZIP code
97301
City
Salem
Street
Richmond Ave
Coordinates
44.93222, -123.01372

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,464
Gross rental yield
10.52%
Implied cap rate
6.84%
Trend-extrapolated value

Frequently asked questions

When did 255 Richmond Ave last sell?
255 Richmond Ave most recently sold on Sep 12, 2022 for $395,000.
What is the current tax assessment for 255 Richmond Ave?
The most recent total assessment for 255 Richmond Ave (year 2020) is $174,620 with $3,330 in property tax.
How does 255 Richmond Ave's assessment compare to its last sale price?
The current assessment is 55.8% below the last sale price of $395,000.
When was 255 Richmond Ave built?
255 Richmond Ave was built in 1925.
How does 255 Richmond Ave compare to others on Richmond Ave?
We track 8 other properties on Richmond Ave. Browse the list under "Other properties on Richmond Ave" to compare beds, baths, and sale history.
What are the property facts for 255 Richmond Ave?
255 Richmond Ave is a 4 bed, 2 bath, 1,732 sqft single_family.
Is 255 Richmond Ave a flip candidate?
No — 255 Richmond Ave does not appear in our flips dataset.
Is 255 Richmond Ave a tax-appeal candidate?
No — 255 Richmond Ave 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
-2.4%
Implied 1-yr
-9.4%
2026 Q3
$380.1K
2026 Q4
$369.5K
ZIP 97301 — Median Price History + Forecast

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