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7622 Teral Ct

Salem, OR 97317

3 bd 2 ba 3,440 sqft Built 2017 Lot 141,570 sqft single_family
Most recent sale
$950,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $950,000 Public Record
Apr 1, 2022 Listed $920,000 MLS #790486
Jun 30, 2017 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $522,050 $6,225
2024 $506,850 $6,037
2023 $492,090 $5,701
2022 $433,690 $5,045
2021 $336,640 $3,933
2020 $326,840 $3,816
2019 $317,330 $3,732
2018 $100,340 $1,224
2017 $51,400 $627
2016 $49,910 $609
2015 $48,460 $592
2014 $47,050 $598
2013 $45,680 $583
2012 $44,350 $570
2011 $43,060 $552
2010 $41,810 $532
2009 $40,600 $498
2008 $39,420 $498
2007 $38,280 $489

Property facts

Year built
2017
Property type
single_family
Stories
Beds
3
Baths
2
Living area
3,440 sqft
Lot size
141,570 sqft
ZIP code
97317
City
Salem
Street
Teral Ct
Coordinates
44.84578, -122.97639

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,880
Gross rental yield
8.69%
Implied cap rate
5.65%
Trend-extrapolated value

Frequently asked questions

When did 7622 Teral Ct last sell?
7622 Teral Ct most recently sold on Jun 1, 2022 for $950,000.
What is the current tax assessment for 7622 Teral Ct?
The most recent total assessment for 7622 Teral Ct (year 2025) is $522,050 with $6,225 in property tax.
How does 7622 Teral Ct's assessment compare to its last sale price?
The current assessment is 45.0% below the last sale price of $950,000.
When was 7622 Teral Ct built?
7622 Teral Ct was built in 2017.
How does 7622 Teral Ct compare to others on Teral Ct?
We track 4 other properties on Teral Ct. Browse the list under "Other properties on Teral Ct" to compare beds, baths, and sale history.
What are the property facts for 7622 Teral Ct?
7622 Teral Ct is a 3 bed, 2 bath, 3,440 sqft, 141,570 sqft lot single_family.
Is 7622 Teral Ct a flip candidate?
No — 7622 Teral Ct does not appear in our flips dataset.
Is 7622 Teral Ct a tax-appeal candidate?
No — 7622 Teral Ct 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
-9.3%
Implied 1-yr
-37.4%
2026 Q3
$239.9K
2026 Q4
$212.7K
ZIP 97317 — Median Price History + Forecast

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