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1025 Summer St

Salem, OR 97301

3 bd 2 ba 2,124 sqft Built 1924 Lot 5,000 sqft single_family
Most recent sale
$465,000
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Sold $465,000 Public Record
Jun 22, 2022 Listed $445,000 MLS #794345
May 21, 2021 Sold $379,900 Public Record
Apr 27, 2021 Listed $379,900 MLS #776673
Jan 14, 2020 Price changed $349,500 MLS #758159
Dec 10, 2019 Listed $352,900 MLS #758159
Jun 29, 2001 Sold $164,500 Public Record
Jun 25, 1998 Sold $128,600 Public Record
Jun 6, 1988 Sold $52,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $197,810 $3,772
2019 $192,050 $3,640
2018 $186,460 $3,704
2017 $181,030 $3,343
2016 $175,760 $3,184
2015 $170,650 $3,208
2014 $165,680 $3,105
2013 $160,860 $3,041
2012 $156,180 $2,968
2011 $151,640 $2,840
2010 $147,230 $2,724
2009 $142,950 $2,542
2008 $138,790 $2,542

Property facts

Year built
1924
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,124 sqft
Lot size
5,000 sqft
ZIP code
97301
City
Salem
Street
Summer St
Coordinates
44.94801, -123.02602

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
$4,248
Gross rental yield
10.96%
Implied cap rate
7.13%
Trend-extrapolated value

Frequently asked questions

When did 1025 Summer St last sell?
1025 Summer St most recently sold on Jul 25, 2022 for $465,000.
What is the current tax assessment for 1025 Summer St?
The most recent total assessment for 1025 Summer St (year 2020) is $197,810 with $3,772 in property tax.
How does 1025 Summer St's assessment compare to its last sale price?
The current assessment is 57.5% below the last sale price of $465,000.
When was 1025 Summer St built?
1025 Summer St was built in 1924.
How does 1025 Summer St compare to others on Summer St?
We track 8 other properties on Summer St. Browse the list under "Other properties on Summer St" to compare beds, baths, and sale history.
What are the property facts for 1025 Summer St?
1025 Summer St is a 3 bed, 2 bath, 2,124 sqft, 5,000 sqft lot single_family.
Is 1025 Summer St a flip candidate?
Yes — 1025 Summer St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1025 Summer St a tax-appeal candidate?
No — 1025 Summer St 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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