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1242 3rd St; Salem, OR Property Details

1242 3rd St, Salem, OR is a Single Family that was built in 1940. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 1242 3rd St has 2 bedrooms, and 1 bathroom, and a total of 768 square feet. The lot size of 1242 3rd St is 5,000 square feet.

Off market
1242 3rd St NW Salem, OR 97304
$110,540 Estimated Value
2 Beds
1 Baths
768 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1940
  • Open Loans / Balance: 1 / $70,584
  • Est. Equity / %: $232,416 / 76.7%
  • Gross Yield: 6.689%
  • APN: 260572
  • Situs County: Polk
  • Length Of Ownership: 16 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Building Condition: Good
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 768/SqFt
  • Lot: 5,000/SqFt
  • Gross: 1,040/SqFt
  • Garage: 272/SqFt
  • Living: 768/SqFt
  • Building: 1,040/SqFt
  • Ground: 768/SqFt

Legal Description

  • Description: KINGWOOD PARK. LOT 15 BLOCK 10
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: 44.941574 / -123.06021
  • Subdivision: Kingwood Park.
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 4012
  • Garage: Garage
  • Heating: Baseboard
  • Parking: 1

HOA

  • H O A One Name: Salem Arbor Homeowner Associations
  • H O A One Type: Home Owner Association

Ownership Info

1242 3rd St NW has no associated ownership info
1242 3rd St NW has no associated ownership info.

Taxes

1242 3rd St NW has 10 associated Taxes items

1242 3rd 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 $110,540. The APN we've located for 1242 3rd St is 260572.

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Taxes
  • Assessed Value:  $110,540
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  260572
  • Assessed Land Value:  37870
  • Market Land Value:  137000
  • Tax Amount:  2120.32
  • Tax Year:  2025
  • Market Value:  275480
  • Market Year:  2026

Tax History

1242 3rd St NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $110,540 Land Value $37,870 Improvement Value $72,670 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,120.32 Change Rate +0.079675% Assessed CR Tax Rate
Year 2024 Assessed Value $104,210 Land Value $35,690 Improvement Value $68,520 Tax Amount $1,963.85 Change Rate +0.029833% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $101,180 Land Value $34,650 Improvement Value $66,530 Tax Amount $1,906.96 Change Rate +0.033028% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $98,240 Land Value $33,640 Improvement Value $64,600 Tax Amount $1,845.99 Change Rate +0.029364% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $95,380 Land Value $32,660 Improvement Value $62,720 Tax Amount $1,793.33 Change Rate +0.030525% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $92,610 Land Value $31,710 Improvement Value $60,900 Tax Amount $1,740.21 Change Rate +0.036098% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $89,920 Land Value $30,780 Improvement Value $59,140 Tax Amount $1,679.58 Change Rate +0.016793% Assessed CR Tax Rate +0.018679%
Year 2018 Assessed Value $87,310 Land Value $29,890 Improvement Value $57,420 Tax Amount $1,651.84 Change Rate +0.109571% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $84,770 Land Value $29,020 Improvement Value $55,750 Tax Amount $1,488.72 Change Rate +0.024344% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $82,310 Land Value $28,170 Improvement Value $54,140 Tax Amount $1,453.34 Change Rate -0.00848% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $79,920 Land Value $27,350 Improvement Value $52,570 Tax Amount $1,465.77 Change Rate +0.046463% Assessed CR Tax Rate +0.01834%
Year 2014 Assessed Value $77,600 Land Value $26,550 Improvement Value $51,050 Tax Amount $1,400.69 Change Rate Assessed CR Tax Rate +0.01805%