2213 47TH CT NE

SALEM OR 97305, Oregon, 97305

Tax DeedpendingSells Oct 15, 2026 · in 5 days

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Beds: 3
Baths: 2
SqFt: 1,296
Lot Size: 6,098
Year Built: 1989
APN: 072W17CC18000 01

Property Type: Mobile
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 8 Years 5 Months
Purchase Method: Cash Purchase
County: Marion

Value

Estimated Value: $245,000
County Market Value: $153,890; 2025
Assessed Value: $75,890; 2025

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2022

Last Sale

Public Record: $149,900; 04/13/2018
Document Type: Warranty Deed

Opportunity

Opening Bid: $551
Bid / Value: 0.22%; of $245,000
Property Tax 2025: $1,559; annual bill · not the amount owed
Equity (est.): $245,000; 100%
Monthly Rent: $1,769; Suggested rent
Gross Yield: 8.66%
Linked Properties: 2

Opening bid

$551

Assessed value

$75,890

Market / AVM

$245,000

Property tax 2025

$1,559

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 9/29/2026

Ownership Information

Owner 1 Name: REEVE, ADINA L & REEVE, RITA M
Owner 2 Name: Adina Reeve
Mailing Address: 2213 47th Ave Ne, Salem, OR 97305
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Total Rooms: 5
Bedrooms: 3

Deal analysis

Sale Date	Recorded	Amount	Document	Arm's Length	Method	Buyer	Seller
04/13/2018	04/16/2018	$149,900	Warranty Deed	Yes	Cash Purchase	Rita M Reeve, Adina L Reeve	Julie E Waters
03/01/2016	03/07/2016		Intrafamily Transfer	No	Cash Purchase	Julie E Waters	Debora A Waters

Your maximum bid

$147,198

Walk away above this. Projected profit at the ceiling: $73,500 (30% of ARV).

Opening bid $551

Room to bid $146,647

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$53,322

Under max by $93,876

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

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Median sold

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p(redeem) prior

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No historical bucket for OR|Tax Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $245,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $245,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$19,600
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical OR range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical OR recording and deed issuance cost.: −$200
Holding costs (3 months)assumed Taxes, insurance, and securing the property at ~$368/month.: −$1,103
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$73,500
Maximum bid: $147,198

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. THE ASSESSMENT RATIO IS AN OBSERVATION, NOT A LAW, AND IT MOVES EVERY YEAR. Oregon has no statutory ratio. The statewide figure went from 0.526 to 0.536 in one year because assessed values grew faster than market values, and it will move again when the Department of Revenue publishes the next report each summer. An asOf that has gone stale matters more here than in any other state in this file — elsewhere a stale date means a statute might have been amended, here it means the number is simply out of date.
Oregon county assessors publish BOTH a real market value and a Measure 50 assessed value for every parcel, and the ratio here converts the second into the first. If the figure captured for a parcel was already the real market value, dividing it by 0.536 inflates the property by about 1.9x — the single easiest way to get an Oregon number badly wrong, and it fails in the unsafe direction. Beyond that, 0.536 is a statewide aggregate and no individual parcel is the aggregate: a property that has not changed hands or been improved since 1995 sits far below it, while one recently built or partitioned is reassessed toward market and sits near 1.0. Treat a derived Oregon ARV as a starting point and check the assessor's own RMV, which is published.
OR has 3 counties on a different assessment ratio (41001, 41039, 41047). No FIPS was supplied, so the statewide ratio was used — pass `fips` if this parcel is in one of them.

2213 47TH CT NE

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

2213 47TH CT NE

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Last Non-Arm's Length Ownership Transfer

Recording Information

Buyer/Seller Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Area

Fair Market Rents

Tax Assessment Information

Sale History

County records

Marion County rules

Historical comps

Verify before you bid