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1501 Fairgrounds Rd; Salem, OR Property Details

1501 Fairgrounds Rd, Salem, OR is a Commercial Office that was built in 1924. This property is currently a cash purchase and is not for sale. Our records show that 1501 Fairgrounds Rd has 2 bedrooms, and 2 bathrooms, and a total of 2,984 square feet. The lot size of 1501 Fairgrounds Rd is 4,792 square feet.

Off market
1501 Fairgrounds Rd NE Salem, OR 97301
$144,050 Listing Price
2 Beds
2 Baths
2,984 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1924
  • Purchase Price: $187,000
  • Open Loans / Balance: 2 / $230,568
  • APN: 584641
  • Situs County: Marion
  • Length Of Ownership: 7 years, 7 months

Rooms

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

Structure

  • Stories: 1
  • Attic: true

Measurements

  • Total: 2,984/SqFt
  • Lot: 4,792/SqFt
  • Attic: 720/SqFt
  • Gross: 2,984/SqFt
  • Garage: 324/SqFt
  • Living: 1,852/SqFt
  • Basement: 1,132/SqFt
  • Building: 2,984/SqFt
  • Ground: 1,132/SqFt
  • Attic Finished: 720/SqFt
  • Garage Unfinished: 324/SqFt
  • Price Per Square Foot: $62.67

Legal Description

  • Description: NORTH SALEM WITH ADDITIONS BLOCK 56 LOT FR LTS 3 & 4 ACRES .11
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.953053 / -123.02689
  • Subdivision: North Salem With Additions
  • Property Class: Office
  • Zoning: CG
  • County Use Code: 201

Amenities

  • Plus Four: 7128
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

1501 Fairgrounds Rd NE has no associated ownership info
1501 Fairgrounds Rd NE has no associated ownership info.

Taxes

1501 Fairgrounds Rd NE has 9 associated Taxes items

1501 Fairgrounds Rd, 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 $104,440. The APN we've located for 1501 Fairgrounds Rd is 584641.

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Taxes
  • Assessed Value:  $104,440
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  584641
  • Market Land Value:  42720
  • Tax Amount:  1990.88
  • Tax Year:  2024
  • Market Value:  247260
  • Market Year:  2025

Tax History

1501 Fairgrounds Rd NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $104,440 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $101,400 Land Value Improvement Value Tax Amount $1,990.88 Change Rate +0.030332% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $98,450 Land Value Improvement Value Tax Amount $1,932.27 Change Rate +0.028722% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $95,590 Land Value Improvement Value Tax Amount $1,878.32 Change Rate +0.029374% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $92,810 Land Value Improvement Value Tax Amount $1,824.72 Change Rate +0.030007% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $90,110 Land Value Improvement Value Tax Amount $1,771.56 Change Rate +0.036394% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $87,490 Land Value Improvement Value Tax Amount $1,709.35 Change Rate +0.012924% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,687.54 Change Rate +0.107913% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $1,523.17 Change Rate +0.049861% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,450.83 Change Rate -0.007491% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,461.78 Change Rate +0.033272% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,414.71 Change Rate Assessed CR Tax Rate