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1243 Franklin St; Salem, OR Property Details

1243 Franklin St, Salem, OR is a Single Family that was built in 1946. This property is currently Financed and is not for sale. Our records show that 1243 Franklin St has 2 bedrooms, and 1 bathroom, and a total of 1,139 square feet. The lot size of 1243 Franklin St is 5,000 square feet.

Off market
1243 Franklin St NW Salem, OR 97304
$350,000 Listing Price
2 Beds
1 Baths
1,139 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1946
  • Purchase Price: $350,000
  • Open Loans / Balance: 1 / $295,805
  • Est. Equity / %: $93,195 / 23.96%
  • Gross Yield: 6.487%
  • APN: 255530
  • Situs County: Polk
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Stories: 1
  • Exterior Wall Type: Wood Shingle
  • Building Condition: Good
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle
  • Patio Type: Patio

Measurements

  • Total: 1,139/SqFt
  • Lot: 5,000/SqFt
  • Gross: 1,593/SqFt
  • Garage: 454/SqFt
  • Living: 1,139/SqFt
  • Building: 1,593/SqFt
  • Ground: 1,139/SqFt
  • Price Per Square Foot: $307.29

Legal Description

  • Description: KINGWOOD PARK. LOT 7 BLOCK 18
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: 44.943245 / -123.06117
  • Subdivision: Kingwood Park.
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 3901
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

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

Ownership Info

1243 Franklin St NW has no associated ownership info
1243 Franklin St NW has no associated ownership info.

Taxes

1243 Franklin St NW has 10 associated Taxes items

1243 Franklin 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 $144,390. The APN we've located for 1243 Franklin St is 255530.

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Taxes
  • Assessed Value:  $144,390
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  255530
  • Assessed Land Value:  37870
  • Market Land Value:  140000
  • Tax Amount:  2769.51
  • Tax Year:  2025
  • Market Value:  354480
  • Market Year:  2026

Tax History

1243 Franklin St NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $144,390 Land Value $37,870 Improvement Value $106,520 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,769.51 Change Rate +0.079731% Assessed CR Tax Rate
Year 2024 Assessed Value $136,110 Land Value $35,690 Improvement Value $100,420 Tax Amount $2,565 Change Rate +0.02986% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $132,150 Land Value $34,650 Improvement Value $97,500 Tax Amount $2,490.63 Change Rate +0.033011% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $128,310 Land Value $33,640 Improvement Value $94,670 Tax Amount $2,411.04 Change Rate +0.029334% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $124,580 Land Value $32,660 Improvement Value $91,920 Tax Amount $2,342.33 Change Rate +0.030538% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $120,960 Land Value $31,710 Improvement Value $89,250 Tax Amount $2,272.92 Change Rate +0.036169% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $117,440 Land Value $30,780 Improvement Value $86,660 Tax Amount $2,193.58 Change Rate +0.016888% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $114,020 Land Value $29,890 Improvement Value $84,130 Tax Amount $2,157.15 Change Rate +0.109617% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $110,700 Land Value $29,020 Improvement Value $81,680 Tax Amount $1,944.05 Change Rate +0.024392% Assessed CR Tax Rate +0.017561%
Year 2016 Assessed Value $107,480 Land Value $28,170 Improvement Value $79,310 Tax Amount $1,897.76 Change Rate -0.008417% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $104,350 Land Value $27,350 Improvement Value $77,000 Tax Amount $1,913.87 Change Rate +0.048179% Assessed CR Tax Rate +0.018341%
Year 2014 Assessed Value $101,320 Land Value $26,550 Improvement Value $74,770 Tax Amount $1,825.9 Change Rate Assessed CR Tax Rate +0.018021%