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1062 7th St; Salem, OR Property Details

1062 7th St, Salem, OR is a Single Family that was built in 1929. This property is currently Financed and is not for sale. Our records show that 1062 7th St has 2 bedrooms, and 2 bathrooms, and a total of 1,017 square feet. The lot size of 1062 7th St is 3,944 square feet.

Off market
1062 7th St NW Salem, OR 97304
$108,710 Estimated Value
2 Beds
2 Baths
1,017 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1929
  • Purchase Price: $70,000
  • Est. Equity / %: $262,000 / 100%
  • Gross Yield: 6.893%
  • APN: 257451
  • Situs County: Polk
  • Length Of Ownership: 15 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Stories: 1
  • Exterior Wall Type: Other
  • Roof Type: Flat
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,017/SqFt
  • Lot: 3,944/SqFt
  • Gross: 1,017/SqFt
  • Living: 1,017/SqFt
  • Building: 1,017/SqFt
  • Ground: 1,017/SqFt
  • Price Per Square Foot: $68.83

Legal Description

  • Description: WATERS ADDITION LOT 10 BLOCK 5
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: 44.94643 / -123.05822
  • Subdivision: Waters Addition
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 111

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 3946
  • Fireplaces: 1
  • Heating: Baseboard

Ownership Info

1062 7th St NW has no associated ownership info
1062 7th St NW has no associated ownership info.

Taxes

1062 7th St NW has 10 associated Taxes items

1062 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 $108,710. The APN we've located for 1062 7th St is 257451.

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Taxes
  • Assessed Value:  $108,710
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  257451
  • Assessed Land Value:  36650
  • Market Land Value:  132000
  • Tax Amount:  2085.17
  • Tax Year:  2025
  • Market Value:  249830
  • Market Year:  2026

Tax History

1062 7th St NW has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $108,710 Land Value $36,650 Improvement Value $72,060 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,085.17 Change Rate +0.079711% Assessed CR Tax Rate
Year 2024 Assessed Value $102,480 Land Value $34,550 Improvement Value $67,930 Tax Amount $1,931.23 Change Rate +0.029836% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $99,500 Land Value $33,550 Improvement Value $65,950 Tax Amount $1,875.28 Change Rate +0.03299% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $96,610 Land Value $32,580 Improvement Value $64,030 Tax Amount $1,815.39 Change Rate +0.029354% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $93,800 Land Value $31,640 Improvement Value $62,160 Tax Amount $1,763.62 Change Rate +0.030591% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $91,070 Land Value $30,720 Improvement Value $60,350 Tax Amount $1,711.27 Change Rate +0.036154% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $88,420 Land Value $29,830 Improvement Value $58,590 Tax Amount $1,651.56 Change Rate +0.016833% Assessed CR Tax Rate +0.018679%
Year 2018 Assessed Value $85,850 Land Value $28,960 Improvement Value $56,890 Tax Amount $1,624.22 Change Rate +0.109637% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $83,350 Land Value $28,120 Improvement Value $55,230 Tax Amount $1,463.74 Change Rate +0.024354% Assessed CR Tax Rate +0.017561%
Year 2016 Assessed Value $80,930 Land Value $27,310 Improvement Value $53,620 Tax Amount $1,428.94 Change Rate Assessed CR Tax Rate +0.017656%
Year 2015 Assessed Value $78,580 Land Value $26,510 Improvement Value $52,070 Tax Amount Change Rate Assessed CR Tax Rate