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Single Family ResidenceResidential
$474,572$180 / 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 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $415,000 on May 28, 2021

550 CASCADE DR NW

SALEM, OR 97304
5
Beds
2
Baths
2,640 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.
0.26 ac
Lot SizeThe size of the land the home sits on, from county records.
1954
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
10
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
4
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$475K
$446K low$503K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$415,000 · May 28, 2021
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$25,072
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$20,058
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.93%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$407,000
LADERA LENDING INC · recorded Oct 6, 2022
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$42,500
OREGON STATE CU

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,450 (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.$284,160 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$73,760
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$210,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$275,890
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$532,240

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyPOLK
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1980
Lot (acres)The size of the land the home sits on, from county records.0.26
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 432 ft²

Transaction History(4)

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.

E
Myers Elementary SchoolA-
Elementary · Grades KG–5 · 0.6 mi
M
Walker Middle SchoolC-
Middle · Grades 6–8 · 0.6 mi
H
West Salem High SchoolB-
High · Grades 9–12 · 1.5 mi

District: Salem-Keizer School District 24j

Neighborhood · ZIP 97304These 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.82
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.108
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.167

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.35,242
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.621 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$89,800
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$122,665
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.47%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

550 Cascade Dr Nw 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 less per square foot than 97% of homes in Salem 97304
  • Bigger than 86% of homes in Polk County
  • Has a bigger lot than 76% of homes in Salem 97304
  • Older than 89% of homes in Salem 97304

What homes are worth in Salem 97304

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

This home
$297K$992K

This home is worth more than 44% of homes in Salem 97304.

How it measures up in Salem 97304

The dot is this home. The mark in the middle is the typical home in Salem 97304.

Estimated value$474,572
CheaperTypical $492,002Pricier

Pricier than 44% of homes nearby

Price per ft²$180
CheaperTypical $257Pricier

Pricier than 3% of homes nearby

Living area2,640 ft²
SmallerTypical 1,920 ft²Bigger

Bigger than 80% of homes nearby

Lot size0.26 ac
SmallerTypical 0.19 acBigger

Bigger than 76% of homes nearby

Year built1954
OlderTypical 1992Newer

Newer than 11% of homes nearby

How 550 Cascade Dr Nw ranks against every home in each area.
MeasureThis homeSalem 97304Polk County
Estimated valuepricier than$474,57244% of homes56% of homes
Price per ft²pricier than$1803% of homes4% of homes
Living areabigger than2,640 ft²80% of homes86% of homes
Lot sizebigger than0.26 ac76% of homes69% of homes
Year builtnewer than195411% of homes15% of homes

About 550 Cascade Dr Nw

How much is 550 Cascade Dr Nw, Salem, OR worth?

The TopHap Estimate for 550 Cascade Dr Nw, Salem, OR is $474,572 as of Jul 14, 2026. The likely range is $445,860 to $503,284. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 550 Cascade Dr Nw, Salem, OR last sell?

550 Cascade Dr Nw, Salem, OR last sold on May 28, 2021 for $415,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 550 Cascade Dr Nw, Salem, OR?

550 Cascade Dr Nw, Salem, OR has 5 bedrooms, 2 bathrooms, 2,640 square feet of living space and a 0.26-acre lot.

When was 550 Cascade Dr Nw, Salem, OR built?

550 Cascade Dr Nw, Salem, OR was built in 1954, making it 72 years old. The building has 1 story.

What schools serve 550 Cascade Dr Nw, Salem, OR?

550 Cascade Dr Nw, Salem, OR is assigned to Myers Elementary School (elementary), rated A-; Walker Middle School (middle), rated C-; West Salem High School (high), rated B-. All sit in Salem-Keizer School District 24j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 550 Cascade Dr Nw, Salem, OR compare to other homes in Salem 97304?

Among the 10,262 homes in Salem 97304, it is worth more than 44% of them ($474,572 against a typical $492,002), its price per square foot is higher than 3% of them ($180 against a typical $257), it is bigger than 80% of them (2,640 ft² against a typical 1,920 ft²), its lot is bigger than 76% of them (0.26 ac against a typical 0.19 ac) and it is newer than 11% of them (1954 against a typical 1992). Measured against all of Polk County, it is worth more than 56% 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 550 Cascade Dr Nw, Salem, OR?

The 2025 property tax bill for 550 Cascade Dr Nw, Salem, OR was $5,450. The county assessed it at $284,160.

Closest homes

More homes in Salem 97304

Assigned schools

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