Taxes
- Assessed Value: $125,700
- Assessed Year: 2025
- Assessed County: Marion
- APN: 588071
- Market Land Value: 184500
- Tax Amount: 2396.16
- Tax Year: 2024
- Market Value: 337660
- Market Year: 2025
1240 Peace St; Salem, OR Property Details
Off market
1240 Peace St SE Salem, OR 97302
$157,000 Listing Price
1 Beds
1 Baths
1,299 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1946
- Purchase Price: $185,000
- Open Loans / Balance: 1 / $149,329
- Est. Equity / %: $217,671 / 59.31%
- Gross Yield: 6.749%
- APN: 588071
- Situs County: Marion
- Length Of Ownership: 9 years, 3 months
Rooms
- Bedrooms: 1
- Bathrooms: 1
- Full Bathrooms: 1
Structure
- Stories: 1
- Roof Type: Gable
- Roof Cover Type: Metal
- Attic: true
Measurements
- Total: 1,299/SqFt
- Lot: 6,534/SqFt
- Attic: 396/SqFt
- Gross: 1,299/SqFt
- Garage: 456/SqFt
- Living: 1,299/SqFt
- Building: 1,299/SqFt
- Ground: 903/SqFt
- Attic Finished: 396/SqFt
- Garage Unfinished: 456/SqFt
- Price Per Square Foot: $142.42
Legal Description
- Description: ROSE GARDEN ADDITION IN SALEM BLOCK A LOT 18 ACRES .15
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: 44.912094 / -123.029915
- Subdivision: Rose Garden Addition In Salem
- Property Class: Residential
- Zoning: RM2
- County Use Code: 101
Amenities
- Plus Four: 2550
- Fireplaces: 1
- Garage: Detached Garage
- Heating: Yes
- Parking: 2
HOA
- H O A One Type: Planned Unit Development
Ownership Info
1240 Peace St SE has no associated ownership info
1240 Peace St SE has no associated ownership info.
Taxes
1240 Peace St SE has 9 associated Taxes items
1240 Peace St, 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 $125,700. The APN we've located for 1240 Peace St is 588071.
Unlock the full reportTax History
1240 Peace St SE has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $125,700 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $122,040 | Land Value | Improvement Value | Tax Amount $2,396.16 | Change Rate +0.030349% | Assessed CR | Tax Rate +0.019634% |
| Year 2023 | Assessed Value $118,490 | Land Value | Improvement Value | Tax Amount $2,325.58 | Change Rate +0.028776% | Assessed CR | Tax Rate +0.019627% |
| Year 2022 | Assessed Value $115,040 | Land Value | Improvement Value | Tax Amount $2,260.53 | Change Rate +0.02292% | Assessed CR | Tax Rate +0.01965% |
| Year 2021 | Assessed Value $112,400 | Land Value | Improvement Value | Tax Amount $2,209.88 | Change Rate +0.030012% | Assessed CR | Tax Rate +0.019661% |
| Year 2020 | Assessed Value $109,130 | Land Value | Improvement Value | Tax Amount $2,145.49 | Change Rate +0.036373% | Assessed CR | Tax Rate +0.01966% |
| Year 2019 | Assessed Value $105,960 | Land Value | Improvement Value | Tax Amount $2,070.19 | Change Rate +0.012947% | Assessed CR | Tax Rate +0.019537% |
| Year 2018 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,043.73 | Change Rate +0.107935% | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,844.63 | Change Rate +0.049761% | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,757.19 | Change Rate -0.007512% | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,770.49 | Change Rate +0.033308% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,713.42 | Change Rate | Assessed CR | Tax Rate |