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1068 Palace Dr; Salem, OR Property Details

1068 Palace Dr, Salem, OR is a Single Family that was built in 1975. This property is currently a cash purchase and is not for sale. Our records show that 1068 Palace Dr has 3 bedrooms, and 1 bathroom, and a total of 1,920 square feet. The lot size of 1068 Palace Dr is 6,098 square feet.

Off market
1068 Palace Dr NE Salem, OR 97301
$300,000 Listing Price
3 Beds
1 Baths
1,920 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1975
  • Purchase Price: $300,000
  • Est. Equity / %: $377,000 / 100%
  • Gross Yield: 7.999%
  • APN: 588595
  • Situs County: Marion
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1
  • Roof Type: Gable
  • Roof Cover Type: Roll Composition

Measurements

  • Total: 1,920/SqFt
  • Lot: 6,098/SqFt
  • Gross: 1,920/SqFt
  • Garage: 520/SqFt
  • Living: 1,920/SqFt
  • Building: 1,920/SqFt
  • Ground: 1,920/SqFt
  • Garage Unfinished: 520/SqFt
  • Price Per Square Foot: $156.25

Legal Description

  • Description: ROYALOAK ESTATES BLOCK 5 LOT 33 ACRES .14
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.94415 / -122.9663
  • Subdivision: Royaloak Estates
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 3124
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1068 Palace Dr NE has no associated ownership info
1068 Palace Dr NE has no associated ownership info.

Taxes

1068 Palace Dr NE has 9 associated Taxes items

1068 Palace Dr, Salem, OR pays taxes in Marion County, OR. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $173,540. The APN we've located for 1068 Palace Dr is 588595.

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Taxes
  • Assessed Value:  $173,540
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  588595
  • Market Land Value:  137040
  • Tax Amount:  3565.29
  • Tax Year:  2025
  • Market Value:  371220
  • Market Year:  2025

Tax History

1068 Palace Dr NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $173,540 Land Value Improvement Value Tax Amount $3,565.29 Change Rate +0.077716% Assessed CR Tax Rate +0.020544%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,308.19 Change Rate +0.030338% Assessed CR Tax Rate
Year 2023 Assessed Value $163,590 Land Value Improvement Value Tax Amount $3,210.78 Change Rate +0.099221% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $148,650 Land Value Improvement Value Tax Amount $2,920.96 Change Rate +0.029359% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $144,330 Land Value Improvement Value Tax Amount $2,837.65 Change Rate +0.030026% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $140,130 Land Value Improvement Value Tax Amount $2,754.93 Change Rate +0.03644% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $136,050 Land Value Improvement Value Tax Amount $2,658.07 Change Rate +0.012984% Assessed CR Tax Rate +0.019537%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $2,624 Change Rate +0.107921% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $2,368.4 Change Rate +0.049851% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $2,255.94 Change Rate -0.007532% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,273.06 Change Rate +0.033327% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,199.75 Change Rate Assessed CR Tax Rate