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Single Family ResidenceResidential
$429,282$292 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 97How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $288,500 on Nov 15, 2019

4840 HAPPY DR NE

SALEM, OR 97305
3
Beds
2
Baths
1,470 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1993
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$429K
$416K low$443K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$288,500 · Nov 15, 2019

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,614 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$224,570 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$218,030
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$432,830

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMarion
Lot (acres)The size of the land the home sits on, from county records.0.12
RoofThe main material covering the roof, such as asphalt shingle or tile.Roll Composition (rolled Mineral Roof)
HeatingThe type of heating system in the home.None
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Prefab
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 56 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Stephens Middle SchoolF
Middle · Grades 6–8 · 0.8 mi
E
Hammond Elementary SchoolD
Elementary · Grades KG–5 · 0.9 mi
H
McKay High SchoolF
High · Grades 9–12 · 2.6 mi

District: Salem-Keizer School District 24j

Neighborhood · ZIP 97305These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.86
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.109
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.165

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.46,058
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.941 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$66,791
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80,361
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.42 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

4840 Happy Dr Ne measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Costs more per square foot than 70% of homes in Northgate
  • Has a smaller lot than 91% of homes in Salem 97305
  • Newer than 66% of homes in Marion County

What homes are worth in Salem 97305

Each bar is how many homes fall in that price range. The marker is this home.

This home
$267K$821K

This home is worth more than 54% of homes in Salem 97305.

How it measures up in Salem 97305

The dot is this home. The mark in the middle is the typical home in Salem 97305.

Estimated value$429,282
CheaperTypical $423,882Pricier

Pricier than 54% of homes nearby

Price per ft²$292
CheaperTypical $279Pricier

Pricier than 63% of homes nearby

Living area1,470 ft²
SmallerTypical 1,532 ft²Bigger

Bigger than 43% of homes nearby

Lot size0.12 ac
SmallerTypical 0.17 acBigger

Bigger than 9% of homes nearby

Year built1993
OlderTypical 1979Newer

Newer than 65% of homes nearby

How 4840 Happy Dr Ne ranks against every home in each area.
MeasureThis homeNorthgateSalem 97305Marion County
Estimated valuepricier than$429,28250% of homes54% of homes45% of homes
Price per ft²pricier than$29270% of homes63% of homes57% of homes
Living areabigger than1,470 ft²43% of homes43% of homes39% of homes
Lot sizebigger than0.12 ac14% of homes9% of homes11% of homes
Year builtnewer than199338% of homes65% of homes66% of homes

About 4840 Happy Dr Ne

How much is 4840 Happy Dr Ne, Salem, OR worth?

The TopHap Estimate for 4840 Happy Dr Ne, Salem, OR is $429,282 as of Oct 21, 2026. The likely range is $415,779 to $442,785. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4840 Happy Dr Ne, Salem, OR last sell?

4840 Happy Dr Ne, Salem, OR last sold on Nov 15, 2019 for $288,500, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 4840 Happy Dr Ne, Salem, OR?

4840 Happy Dr Ne, Salem, OR has 3 bedrooms, 2 bathrooms, 1,470 square feet of living space and a 0.12-acre lot.

When was 4840 Happy Dr Ne, Salem, OR built?

4840 Happy Dr Ne, Salem, OR was built in 1993, making it 33 years old. The building has 1 story.

What schools serve 4840 Happy Dr Ne, Salem, OR?

4840 Happy Dr Ne, Salem, OR is assigned to Stephens Middle School (middle), rated F; Hammond Elementary School (elementary), rated D; McKay High School (high), rated F. All sit in Salem-Keizer School District 24j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4840 Happy Dr Ne, Salem, OR compare to other homes in Salem 97305?

Among the 9,786 homes in Salem 97305, it is worth more than 54% of them ($429,282 against a typical $423,882), its price per square foot is higher than 63% of them ($292 against a typical $279), it is bigger than 43% of them (1,470 ft² against a typical 1,532 ft²), its lot is bigger than 9% of them (0.12 ac against a typical 0.17 ac) and it is newer than 65% of them (1993 against a typical 1979). Measured against all of Marion County, it is worth more than 45% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 4840 Happy Dr Ne, Salem, OR?

The 2025 property tax bill for 4840 Happy Dr Ne, Salem, OR was $4,614. The county assessed it at $224,570.

More homes on Happy Dr Ne

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