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1267 Palace Dr; Salem, OR Property Details

1267 Palace Dr, Salem, OR is a Single Family that was built in 1976. This property is not for sale. Our records show that 1267 Palace Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,264 square feet. The lot size of 1267 Palace Dr is 6,098 square feet.

Off market
1267 Palace Dr NE Salem, OR 97301
$169,690 Estimated Value
3 Beds
2 Baths
1,264 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1976
  • Purchase Price: $120,000
  • Open Loans / Balance: 3 / $138,443
  • Est. Equity / %: $264,557 / 65.65%
  • Gross Yield: 5.851%
  • APN: 588786
  • Situs County: Marion
  • Length Of Ownership: 24 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

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

Measurements

  • Total: 1,264/SqFt
  • Lot: 6,098/SqFt
  • Gross: 1,771/SqFt
  • Garage: 507/SqFt
  • Living: 1,264/SqFt
  • Building: 1,771/SqFt
  • Ground: 1,264/SqFt
  • Garage Finished: 507/SqFt
  • Price Per Square Foot: $94.94

Legal Description

  • Description: ROYALOAK ESTATES NO 3 IN SALEM BLOCK 15 LOT 11 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: 44.94606 / -122.96784
  • Subdivision: Royaloak Estates No 3 In Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 3131
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1267 Palace Dr NE has no associated ownership info
1267 Palace Dr NE has no associated ownership info.

Taxes

1267 Palace Dr NE has 9 associated Taxes items

1267 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 $169,690. The APN we've located for 1267 Palace Dr is 588786.

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Taxes
  • Assessed Value:  $169,690
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  588786
  • Market Land Value:  137040
  • Tax Amount:  3234.75
  • Tax Year:  2024
  • Market Value:  366980
  • Market Year:  2025

Tax History

1267 Palace Dr NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $169,690 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $164,750 Land Value Improvement Value Tax Amount $3,234.75 Change Rate +0.030329% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $159,960 Land Value Improvement Value Tax Amount $3,139.53 Change Rate +0.02874% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $155,310 Land Value Improvement Value Tax Amount $3,051.82 Change Rate +0.029396% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $150,790 Land Value Improvement Value Tax Amount $2,964.67 Change Rate +0.030029% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $146,400 Land Value Improvement Value Tax Amount $2,878.24 Change Rate +0.036434% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $142,140 Land Value Improvement Value Tax Amount $2,777.06 Change Rate +0.013015% Assessed CR Tax Rate +0.019537%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $2,741.38 Change Rate +0.107915% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $2,474.36 Change Rate +0.04985% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $2,356.87 Change Rate -0.007538% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,374.77 Change Rate +0.033254% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,298.34 Change Rate Assessed CR Tax Rate