5400 Vitae Springs Rd
Salem, OR 97306
4 bd 3 ba 3,442 sqft Built 1982 Lot 162,914 sqft single_family
Most recent sale
$780,000
Aug 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 31, 2022 | Sold | $780,000 | Public Record |
| Jul 27, 2022 | Relisted | $799,999 | MLS #792545 |
| Jul 11, 2022 | Price changed | $799,999 | MLS #792545 |
| Jun 27, 2022 | Price changed | $849,000 | MLS #792545 |
| Jun 15, 2022 | Price changed | $879,999 | MLS #792545 |
| May 16, 2022 | Listed | $900,000 | MLS #792545 |
| Mar 15, 2018 | Sold | $425,000 | MLS #18697508 |
| Jan 26, 2018 | Listed | $450,000 | MLS #18697508 |
| Dec 5, 2017 | Listed | $450,000 | MLS #727196 |
| Apr 28, 2010 | Listing removed | $499,900 | RMLS |
| Nov 17, 2006 | Listed | $499,900 | RMLS |
| Dec 15, 2004 | Sold | $392,000 | Public Record |
| May 26, 1981 | Sold | $32,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $504,020 | $6,300 |
| 2019 | — | — | $489,340 | $6,070 |
| 2018 | — | — | $475,090 | $6,178 |
| 2017 | — | — | $461,260 | $5,413 |
| 2016 | — | — | $447,830 | $5,166 |
| 2015 | — | — | $434,790 | $5,309 |
| 2014 | — | — | $422,130 | $5,034 |
| 2013 | — | — | $409,840 | $5,021 |
| 2012 | — | — | $397,910 | $4,883 |
| 2011 | — | — | $386,330 | $4,655 |
| 2010 | — | — | $375,080 | $4,439 |
| 2009 | — | — | $364,160 | $4,244 |
| 2008 | — | — | $353,560 | $4,244 |
Property facts
Year built
1982
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,442 sqft
Lot size
162,914 sqft
ZIP code
97306
City
Salem
Street
Vitae Springs Rd
Coordinates
44.86274, -123.14011
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,884
Gross rental yield
10.59%
Implied cap rate
6.88%
Trend-extrapolated value
—
Frequently asked questions
When did 5400 Vitae Springs Rd last sell?
5400 Vitae Springs Rd most recently sold on Aug 31, 2022 for $780,000.
What is the current tax assessment for 5400 Vitae Springs Rd?
The most recent total assessment for 5400 Vitae Springs Rd (year 2020) is $504,020 with $6,300 in property tax.
How does 5400 Vitae Springs Rd's assessment compare to its last sale price?
The current assessment is 35.4% below the last sale price of $780,000.
When was 5400 Vitae Springs Rd built?
5400 Vitae Springs Rd was built in 1982.
How does 5400 Vitae Springs Rd compare to others on Vitae Springs Rd?
We track 5 other properties on Vitae Springs Rd. Browse the list under "Other properties on Vitae Springs Rd" to compare beds, baths, and sale history.
What are the property facts for 5400 Vitae Springs Rd?
5400 Vitae Springs Rd is a 4 bed, 3 bath, 3,442 sqft, 162,914 sqft lot single_family.
Is 5400 Vitae Springs Rd a flip candidate?
No — 5400 Vitae Springs Rd does not appear in our flips dataset.
Is 5400 Vitae Springs Rd a tax-appeal candidate?
No — 5400 Vitae Springs Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.1%
Implied 1-yr
-0.5%
2026 Q3
$550.7K
2026 Q4
$549.9K
ZIP 97306 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Vitae Springs Rd