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Single Family ResidenceResidential
$983,314$332 / 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 $395,593 on May 31, 2005

5508 RIVERDALE RD S

SALEM, OR 97302
4
Beds
3
Baths
2,959 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.
7.31 ac
Lot SizeThe size of the land the home sits on, from county records.
1983
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$983K
$927K low$1M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$395,593 · May 31, 2005
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.$656,514
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$525,211
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.35%
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.$276,800
WELLS FARGO BANK · recorded Nov 15, 2012
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.$50,000
WELLS FARGO BK

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,263 (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.$414,584 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$402,516
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$869,270

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.33 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

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.7.31
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Heat Pump

Transaction History(2)

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.

H
Sprague High SchoolB
High · Grades 9–12 · 2.4 mi
E
Schirle Elementary SchoolB
Elementary · Grades KG–5 · 2.6 mi
M
Crossler Middle SchoolC-
Middle · Grades 6–8 · 3.0 mi

District: Salem-Keizer School District 24j

Neighborhood · ZIP 97302These 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.121
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.164

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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.26%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
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.41,979
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,708 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$80,069
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$103,288
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.48%

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

5508 Riverdale Rd S 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.

  • Worth more than 97% of homes in Salem 97302
  • Costs more per square foot than 88% of homes in Salem 97302
  • Bigger than 90% of homes in Marion County
  • Among the largest lots in Salem 97302
  • Newer than 73% of homes in Salem 97302

What homes are worth in Salem 97302

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

This home
$264K$1.1M

This home is worth more than 97% of homes in Salem 97302.

How it measures up in Salem 97302

The dot is this home. The mark in the middle is the typical home in Salem 97302.

Estimated value$983,314
CheaperTypical $461,406Pricier

Pricier than 97% of homes nearby

Price per ft²$332
CheaperTypical $270Pricier

Pricier than 88% of homes nearby

Living area2,959 ft²
SmallerTypical 1,788 ft²Bigger

Bigger than 85% of homes nearby

Lot size7.31 ac
SmallerTypical 0.2 acBigger

Bigger than almost all homes nearby

Year built1983
OlderTypical 1967Newer

Newer than 73% of homes nearby

How 5508 Riverdale Rd S ranks against every home in each area.
MeasureThis homeSalem 97302Marion County
Estimated valuepricier than$983,31497% of homes97% of homes
Price per ft²pricier than$33288% of homes82% of homes
Living areabigger than2,959 ft²85% of homes90% of homes
Lot sizebigger than7.31 acalmost all homes96% of homes
Year builtnewer than198373% of homes57% of homes

About 5508 Riverdale Rd S

How much is 5508 Riverdale Rd S, Salem, OR worth?

The TopHap Estimate for 5508 Riverdale Rd S, Salem, OR is $983,314 as of Jul 14, 2026. The likely range is $927,297 to $1,039,331. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5508 Riverdale Rd S, Salem, OR last sell?

5508 Riverdale Rd S, Salem, OR last sold on May 31, 2005 for $395,593, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 5508 Riverdale Rd S, Salem, OR?

5508 Riverdale Rd S, Salem, OR has 4 bedrooms, 3 bathrooms, 2,959 square feet of living space and a 7.31-acre lot.

When was 5508 Riverdale Rd S, Salem, OR built?

5508 Riverdale Rd S, Salem, OR was built in 1983, making it 43 years old. The building has 1 story.

What schools serve 5508 Riverdale Rd S, Salem, OR?

5508 Riverdale Rd S, Salem, OR is assigned to Sprague High School (high), rated B; Schirle Elementary School (elementary), rated B; Crossler Middle School (middle), rated C-. All sit in Salem-Keizer School District 24j. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5508 Riverdale Rd S, Salem, OR compare to other homes in Salem 97302?

Among the 12,450 homes in Salem 97302, it is worth more than 97% of them ($983,314 against a typical $461,406), its price per square foot is higher than 88% of them ($332 against a typical $270), it is bigger than 85% of them (2,959 ft² against a typical 1,788 ft²), its lot is bigger than almost all of them (7.31 ac against a typical 0.2 ac) and it is newer than 73% of them (1983 against a typical 1967). Measured against all of Marion County, it is worth more than 97% 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 5508 Riverdale Rd S, Salem, OR?

The 2025 property tax bill for 5508 Riverdale Rd S, Salem, OR was $5,263. The county assessed it at $414,584.

Closest homes

More homes in Salem 97302

Assigned schools

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