The property at 340 Rees Hill RD SE, Salem, OR 97306, built in 2024, is a 3,566 square foot Single Family and has 4 bedrooms and 3 bathrooms. It is situated on a lot that is 71,438 square feet and was last tax assessed in 2025 for a valuation of $534,830
The estimate for this property has experienced a 18.69% increase in the past 6 months reaching a value of $737,828.
- Parcel Number083W21DD00900
- Sold Date09/28/2023
- Sold Price$355,000
- CountyMARION
- Stories2
- Home Assessment$0
- Land Assessment$203,590
- Total Assessment$466,680
- Assessment Year2023
- Tax Year2023
- Tax Amount$2,888
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2023 | $226,360 +3.00% |
| 2022 | $219,770 +3.00% |
| 2021 | $213,370 +6.09% |
| 2019 | $201,130 +3.00% |
| 2018 | $195,280 +3.00% |
| 2017 | $189,600 +3.00% |
| 2016 | $184,080 +3.00% |
| 2015 | $178,720 +6.08% |
| 2013 | $168,470 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Jul 2026 | $737,828 | - | - |
| Jun 2026 | $749,707 | 38 | $227 |
| May 2026 | $740,307 | 76 | $252 |
| Apr 2026 | $727,717 | 73 | $248 |
| Mar 2026 | $716,238 | 64 | $253 |
| Feb 2026 | $686,758 | 86 | $266 |
| Jan 2026 | $653,819 | 75 | $258 |
| Dec 2025 | $621,633 | 73 | $236 |
| Nov 2025 | $566,580 | 94 | $261 |
| Oct 2025 | $517,581 | 68 | $268 |
| Sep 2025 | $487,045 | 74 | $288 |
| Aug 2025 | $448,925 | 71 | $267 |
| Jul 2025 | $402,481 | 78 | $256 |
| Jun 2025 | $381,767 | 60 | $290 |
| May 2025 | $369,817 | 66 | $280 |
| Apr 2025 | $362,914 | 70 | $259 |
| Mar 2025 | $355,675 | 50 | $244 |
| Feb 2025 | $357,343 | 95 | $253 |
| Jan 2025 | $354,823 | 77 | $254 |
| Dec 2024 | $354,965 | 77 | $262 |
| Nov 2024 | $357,556 | 67 | $266 |
| Sep 2024 | $354,219 | - | - |
| Aug 2024 | $353,935 | - | - |
| Jul 2024 | $350,066 | - | - |
| Jun 2024 | $360,254 | - | - |
| May 2024 | $349,391 | - | - |
| Mar 2024 | $335,653 | - | - |
| Feb 2024 | $353,616 | - | - |
| Jan 2024 | $354,681 | - | - |
| Dec 2023 | $333,061 | - | - |
| Nov 2023 | $346,835 | - | - |
| Oct 2023 | $356,740 | - | - |
| Sep 2023 | $433,461 | - | - |
| Aug 2023 | $577,200 | - | - |
| Jul 2023 | $523,800 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 97306 - OR
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 34,738 | 173,149 | 348,864 | 335,858,263 |
| Population Density | 1,063 | 3,549 | 295 | 95 |
| People per Household | 2.5 | 2.5 | 2.7 | 2.6 |
| Median Age | 40.9 | 37.5 | 37.7 | 39.1 |
| Median Income | $71,645 | $60,115 | $62,489 | $66,222 |
| Average Income | $37,805 | $29,712 | $28,990 | $35,475 |
| Cost of Living Index | 100 | 97 | 104 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 33.5°F | 33.5°F | 33.5°F | 22.6°F |
| July Avg. High Temp | 81.5°F | 81.5°F | 81.5°F | 86.2°F |
| Annual Precipitation | 40" | 40" | 40" | 38" |
Click Zestimate price to view details on Zillow. Zestimate data is provided "as is" via the Zestimate API. © Zillow, Inc., 2006-2022. Use is subject to Terms of Use.
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