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1516 Franklin St; Salem, OR Property Details

1516 Franklin St, Salem, OR is a Single Family that was built in 1996. This property is currently Financed and is not for sale. Our records show that 1516 Franklin St has 3 bedrooms, and 2 bathrooms, and a total of 1,135 square feet. The lot size of 1516 Franklin St is 5,000 square feet.

Off market
1516 Franklin St NW Salem, OR 97304
$134,500 Listing Price
3 Beds
2 Baths
1,135 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1996
  • Purchase Price: $134,500
  • Est. Equity / %: $340,000 / 100%
  • Gross Yield: 7.101%
  • APN: 256186
  • Situs County: Polk
  • Length Of Ownership: 11 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Stories: 1
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,135/SqFt
  • Lot: 5,000/SqFt
  • Gross: 1,597/SqFt
  • Garage: 462/SqFt
  • Living: 1,135/SqFt
  • Building: 1,597/SqFt
  • Ground: 1,135/SqFt
  • Price Per Square Foot: $118.50

Legal Description

  • Description: KINGWOOD PARK. LOT 17 BLOCK 15
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: 44.941715 / -123.06484
  • Subdivision: Kingwood Park.
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 4610
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

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

Ownership Info

1516 Franklin St NW has no associated ownership info
1516 Franklin St NW has no associated ownership info.

Taxes

1516 Franklin St NW has 10 associated Taxes items

1516 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 $183,710. The APN we've located for 1516 Franklin St is 256186.

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Taxes
  • Assessed Value:  $183,710
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  256186
  • Assessed Land Value:  35060
  • Market Land Value:  140000
  • Tax Amount:  3523.54
  • Tax Year:  2025
  • Market Value:  324010
  • Market Year:  2026

Tax History

1516 Franklin St NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $183,710 Land Value $35,060 Improvement Value $148,650 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,523.54 Change Rate +0.079711% Assessed CR Tax Rate
Year 2024 Assessed Value $173,170 Land Value $33,050 Improvement Value $140,120 Tax Amount $3,263.41 Change Rate +0.029873% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $168,130 Land Value $32,090 Improvement Value $136,040 Tax Amount $3,168.75 Change Rate +0.033041% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $163,240 Land Value $31,160 Improvement Value $132,080 Tax Amount $3,067.4 Change Rate +0.029367% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $158,490 Land Value $30,250 Improvement Value $128,240 Tax Amount $2,979.89 Change Rate +0.030551% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $153,880 Land Value $29,360 Improvement Value $124,520 Tax Amount $2,891.55 Change Rate +0.036194% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $149,400 Land Value $28,510 Improvement Value $120,890 Tax Amount $2,790.55 Change Rate +0.016883% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $145,050 Land Value $27,680 Improvement Value $117,370 Tax Amount $2,744.22 Change Rate +0.109587% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $140,830 Land Value $26,870 Improvement Value $113,960 Tax Amount $2,473.19 Change Rate +0.02443% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $136,730 Land Value $26,090 Improvement Value $110,640 Tax Amount $2,414.21 Change Rate -0.005208% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $132,750 Land Value $25,330 Improvement Value $107,420 Tax Amount $2,426.85 Change Rate Assessed CR Tax Rate +0.018281%
Year 2014 Assessed Value $128,890 Land Value $24,590 Improvement Value $104,300 Tax Amount Change Rate Assessed CR Tax Rate