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1042 7th St; Salem, OR Property Details

1042 7th St, Salem, OR is a Single Family that was built in 1944. This property is currently a cash purchase and is not for sale. Our records show that 1042 7th St has 3 bedrooms, and 3 bathrooms, and a total of 1,543 square feet. The lot size of 1042 7th St is 8,036 square feet.

Off market
1042 1/2 7th St NW Salem, OR 97304
$207,440 Estimated Value
3 Beds
3 Baths
1,543 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1944
  • Purchase Price: $220,000
  • Est. Equity / %: $379,000 / 100%
  • Gross Yield: 8.732%
  • APN: 257435
  • Situs County: Polk
  • Length Of Ownership: 8 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 8

Structure

  • Stories: 1
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,543/SqFt
  • Lot: 8,036/SqFt
  • Gross: 3,152/SqFt
  • Garage: 496/SqFt
  • Living: 1,543/SqFt
  • Basement: 1,113/SqFt
  • Building: 3,152/SqFt
  • Ground: 1,543/SqFt
  • Price Per Square Foot: $142.58
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AREA NOT INCLUDED / No Flood Zone
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.946518 / -123.057884
  • Subdivision: Waters Add
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 111

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 3801
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Baseboard
  • Parking: 2

Ownership Info

1042 1/2 7th St NW has no associated ownership info
1042 1/2 7th St NW has no associated ownership info.

Taxes

1042 1/2 7th St NW has 10 associated Taxes items

1042 7th 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 $207,440. The APN we've located for 1042 7th St is 257435.

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Taxes
  • Assessed Value:  $207,440
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  257435
  • Assessed Land Value:  79400
  • Market Land Value:  142000
  • Tax Amount:  3978.73
  • Tax Year:  2025
  • Market Value:  423900
  • Market Year:  2026

Tax History

1042 1/2 7th St NW has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $207,440 Land Value $79,400 Improvement Value $128,040 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,978.73 Change Rate +0.079715% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,684.98 Change Rate +0.029871% Assessed CR Tax Rate
Year 2023 Assessed Value $189,850 Land Value $72,650 Improvement Value $117,200 Tax Amount $3,578.1 Change Rate +0.033037% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $184,330 Land Value $70,540 Improvement Value $113,790 Tax Amount $3,463.67 Change Rate +0.029344% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $178,970 Land Value $68,490 Improvement Value $110,480 Tax Amount $3,364.93 Change Rate +0.030575% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $173,760 Land Value $66,490 Improvement Value $107,270 Tax Amount $3,265.1 Change Rate +0.036198% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $168,700 Land Value $64,550 Improvement Value $104,150 Tax Amount $3,151.04 Change Rate +0.016865% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $163,790 Land Value $62,670 Improvement Value $101,120 Tax Amount $3,098.78 Change Rate +0.109628% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $159,020 Land Value $60,840 Improvement Value $98,180 Tax Amount $2,792.63 Change Rate +0.024431% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $154,390 Land Value $59,070 Improvement Value $95,320 Tax Amount $2,726.03 Change Rate Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $146,980 Land Value $47,200 Improvement Value $99,780 Tax Amount Change Rate Assessed CR Tax Rate