5853 Timber Ridge Dr
Salem, OR 97317
3 bd 3 ba 1,771 sqft Built 1989 Lot 8,276 sqft single_family
Most recent sale
$412,500
Aug 18, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 2, 2022 | Price changed | $580,000 | MLS #795429 |
| Jul 26, 2022 | Price changed | $595,000 | MLS #795429 |
| Jul 16, 2022 | Listed | $610,000 | MLS #795429 |
| Aug 18, 2021 | Sold | $412,500 | MLS #21171502 |
| Jul 28, 2021 | Listed | $400,000 | MLS #781209 |
| Oct 20, 1998 | Sold | $179,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $216,020 | $2,977 |
| 2019 | — | — | $209,730 | $2,869 |
| 2018 | — | — | $203,620 | $2,915 |
| 2017 | — | — | $197,690 | $2,579 |
| 2016 | — | — | $191,930 | $2,464 |
| 2015 | — | — | $186,350 | $2,517 |
| 2014 | — | — | $180,930 | $2,484 |
| 2013 | — | — | $175,660 | $2,387 |
| 2012 | — | — | $192,540 | $2,629 |
| 2011 | — | — | $186,940 | $2,584 |
| 2010 | — | — | $181,500 | $2,469 |
| 2009 | — | — | $176,220 | $2,361 |
| 2008 | — | — | $171,090 | $2,361 |
Property facts
Year built
1989
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,771 sqft
Lot size
8,276 sqft
ZIP code
97317
City
Salem
Street
Timber Ridge Dr
Coordinates
44.87043, -122.98645
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,542
Gross rental yield
10.30%
Implied cap rate
6.70%
Trend-extrapolated value
—
Frequently asked questions
When did 5853 Timber Ridge Dr last sell?
5853 Timber Ridge Dr most recently sold on Aug 18, 2021 for $412,500.
What is the current tax assessment for 5853 Timber Ridge Dr?
The most recent total assessment for 5853 Timber Ridge Dr (year 2020) is $216,020 with $2,977 in property tax.
How does 5853 Timber Ridge Dr's assessment compare to its last sale price?
The current assessment is 47.6% below the last sale price of $412,500.
When was 5853 Timber Ridge Dr built?
5853 Timber Ridge Dr was built in 1989.
How does 5853 Timber Ridge Dr compare to others on Timber Ridge Dr?
We track 4 other properties on Timber Ridge Dr. Browse the list under "Other properties on Timber Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 5853 Timber Ridge Dr?
5853 Timber Ridge Dr is a 3 bed, 3 bath, 1,771 sqft, 8,276 sqft lot single_family.
Is 5853 Timber Ridge Dr a flip candidate?
No — 5853 Timber Ridge Dr does not appear in our flips dataset.
Is 5853 Timber Ridge Dr a tax-appeal candidate?
No — 5853 Timber Ridge Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-9.3%
Implied 1-yr
-37.4%
2026 Q3
$239.9K
2026 Q4
$212.7K
ZIP 97317 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Timber Ridge Dr