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1040 Chestnut St; Salem, OR Property Details

1040 Chestnut St, Salem, OR is a Condominium that was built in 1968. This property is currently a cash purchase and is not for sale. Our records show that 1040 Chestnut St has 2 bedrooms, and 1 bathroom, and a total of 1,120 square feet. The lot size of 1040 Chestnut St is 1,657 square feet.

Off market
1040 Chestnut St NW Salem, OR 97304
$330,000 Listing Price
2 Beds
1 Baths
1,120 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1968
  • Purchase Price: $128,800
  • Open Loans / Balance: 1 / $318,309
  • Est. Equity / %: $-15,309 / -5.05%
  • APN: 247625
  • Situs County: Polk
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 1,120/SqFt
  • Lot: 1,657/SqFt
  • Gross: 1,640/SqFt
  • Garage: 520/SqFt
  • Living: 1,120/SqFt
  • Building: 1,640/SqFt
  • Ground: 1,120/SqFt
  • Price Per Square Foot: $115.00

Legal Description

  • Description: GLENCREEK WOOD NO. 4 UNIT 16 UNIT 16A
Building Insights

Land Information

  • Property Type: Condominium
  • Flood Zone: AREA NOT INCLUDED / No Flood Zone
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.951473 / -123.05908
  • Subdivision: Glencreek Wood No. 4
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 102

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2944
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $512
  • H O A Amount: $512
  • H O A One Frequency: Monthly
  • H O A One Name: Glencreek Wood Association
  • H O A One Type: Condo  Owner Association

Ownership Info

1040 Chestnut St NW has no associated ownership info
1040 Chestnut St NW has no associated ownership info.

Taxes

1040 Chestnut St NW has 8 associated Taxes items

1040 Chestnut St, Salem, OR pays taxes in Polk County, OR. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $155,980. The APN we've located for 1040 Chestnut St is 247625.

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Taxes
  • Assessed Value:  $155,980
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  247625
  • Tax Amount:  2368.16
  • Tax Year:  2025
  • Market Value:  231230
  • Market Year:  2026

Tax History

1040 Chestnut St NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $155,980 Land Value Improvement Value $155,980 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,368.16 Change Rate -0.145306% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,770.77 Change Rate +0.029873% Assessed CR Tax Rate
Year 2023 Assessed Value $142,750 Land Value Improvement Value $142,750 Tax Amount $2,690.4 Change Rate +0.033021% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $138,600 Land Value Improvement Value $138,600 Tax Amount $2,604.4 Change Rate +0.029342% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $134,570 Land Value Improvement Value $134,570 Tax Amount $2,530.16 Change Rate +0.030523% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $130,660 Land Value Improvement Value $130,660 Tax Amount $2,455.22 Change Rate +0.036155% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $126,860 Land Value Improvement Value $126,860 Tax Amount $2,369.55 Change Rate +0.016848% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $123,170 Land Value Improvement Value $123,170 Tax Amount $2,330.29 Change Rate +0.109572% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $119,590 Land Value Improvement Value $119,590 Tax Amount $2,100.17 Change Rate +0.034307% Assessed CR Tax Rate +0.017561%
Year 2016 Assessed Value $116,110 Land Value Improvement Value $116,110 Tax Amount $2,030.51 Change Rate -0.023361% Assessed CR Tax Rate +0.017488%
Year 2015 Assessed Value $105,940 Land Value Improvement Value $105,940 Tax Amount $2,079.08 Change Rate +0.148987% Assessed CR Tax Rate +0.019625%
Year 2014 Assessed Value $101,220 Land Value Improvement Value $101,220 Tax Amount $1,809.49 Change Rate Assessed CR Tax Rate +0.017877%