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5494 Salem Dallas Hwy

Salem, OR 97304

2 bd 2 ba 1,404 sqft Built 1931 Lot 43,560 sqft single_family
Most recent sale
$375,000
Jan 5, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2023 Listing removed $444,500 RMLS
Jan 10, 2023 Listing removed Willamette
Jan 5, 2023 Sold $375,000 RMLS
Oct 19, 2022 Listed $398,500 MLS #22069445
Oct 5, 2022 Price changed $398,500 MLS #796554
Sep 26, 2022 Price changed $444,500 MLS #22692622
Sep 10, 2022 Price changed $475,000 MLS #22692622
Aug 26, 2022 Listed $475,000 MLS #796554
Jun 30, 2017 Sold $254,000 MLS #17521697
May 10, 2017 Listing removed $249,900 Willamette
Apr 25, 2017 Price changed $249,900 MLS #17521697
Apr 12, 2017 Relisted $255,000 MLS #17521697
Mar 31, 2017 Listing removed $255,000 RMLS
Mar 23, 2017 Listed $255,000 MLS #17521697
Mar 22, 2017 Listed $255,000 MLS #716041
Aug 4, 2012 Listing removed $199,900 Willamette
Jul 16, 2012 Price changed $199,900 MLS #653923
Jul 15, 2012 Price changed $199,900 MLS #653715
Jul 5, 2012 Listed $212,500 MLS #12680697
Jun 21, 2012 Listed $212,500 MLS #653923
Jun 17, 2012 Listed $212,500 MLS #653715
Aug 31, 2006 Sold $216,500 Public Record
Dec 30, 2002 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $125,440 $77,340 $202,780 $2,349
2023 $118,240 $72,910 $191,150 $2,534
2022 $114,800 $70,790 $185,590 $2,224
2021 $111,460 $68,730 $180,190 $2,224
2020 $108,220 $66,730 $174,950 $2,161
2019 $105,070 $64,790 $169,860 $2,099
2018 $102,020 $62,900 $164,920 $2,021
2017 $99,050 $61,070 $160,120 $2,025
2016 $96,170 $59,290 $155,460 $2,106
2015 $93,370 $57,570 $150,940 $1,996
2014 $90,660 $55,890 $146,550 $1,956
2013 $88,030 $54,260 $142,290 $1,844
2012 $85,470 $52,680 $138,150 $1,803
2011 $82,980 $51,150 $134,130 $1,745
2010 $80,570 $49,660 $130,230 $1,682
2009 $78,230 $48,210 $126,440 $1,641
2008 $75,950 $46,810 $122,760 $1,585
2007 $73,740 $45,450 $119,190 $1,552

Property facts

Year built
1931
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,404 sqft
Lot size
43,560 sqft
ZIP code
97304
City
Salem
Street
Salem Dallas Hwy
Coordinates
44.93142, -123.14181

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,808
Gross rental yield
8.99%
Implied cap rate
5.84%
Trend-extrapolated value

Frequently asked questions

When did 5494 Salem Dallas Hwy last sell?
5494 Salem Dallas Hwy most recently sold on Jan 5, 2023 for $375,000.
What is the current tax assessment for 5494 Salem Dallas Hwy?
The most recent total assessment for 5494 Salem Dallas Hwy (year 2025) is $202,780 with $2,349 in property tax.
How does 5494 Salem Dallas Hwy's assessment compare to its last sale price?
The current assessment is 45.9% below the last sale price of $375,000.
When was 5494 Salem Dallas Hwy built?
5494 Salem Dallas Hwy was built in 1931.
How does 5494 Salem Dallas Hwy compare to others on Salem Dallas Hwy?
We track 4 other properties on Salem Dallas Hwy. Browse the list under "Other properties on Salem Dallas Hwy" to compare beds, baths, and sale history.
What are the property facts for 5494 Salem Dallas Hwy?
5494 Salem Dallas Hwy is a 2 bed, 2 bath, 1,404 sqft, 43,560 sqft lot single_family.
Is 5494 Salem Dallas Hwy a flip candidate?
No — 5494 Salem Dallas Hwy does not appear in our flips dataset.
Is 5494 Salem Dallas Hwy a tax-appeal candidate?
No — 5494 Salem Dallas Hwy 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
+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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