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1531 40th Ave; Salem, OR Property Details

1531 40th Ave, Salem, OR is a Single Family that was built in 1977. This property is currently Financed and is not for sale. Our records show that 1531 40th Ave has 2 bedrooms, and 3 bathrooms, and a total of 3,382 square feet. The lot size of 1531 40th Ave is 54,450 square feet.

Off market
1531 40th Ave NW Salem, OR 97304
$374,500 Listing Price
2 Beds
3 Baths
3,382 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1977
  • Purchase Price: $374,500
  • Open Loans / Balance: 1 / $253,751
  • Est. Equity / %: $522,249 / 67.3%
  • APN: 349226
  • Situs County: Polk
  • Length Of Ownership: 10 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 8

Structure

  • Stories: 1
  • Exterior Wall Type: Wood
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Septic
  • Water Source: Municipal

Measurements

  • Total: 3,382/SqFt
  • Lot: 54,450/SqFt
  • Gross: 3,382/SqFt
  • Garage: 440/SqFt
  • Living: 2,502/SqFt
  • Basement: 1,185/SqFt
  • Building: 4,246/SqFt
  • Ground: 1,757/SqFt
  • Basement Finished: 745/SqFt
  • Basement Unfinished: 440/SqFt
  • Price Per Square Foot: $110.73

Legal Description

  • Description: ONE STORY WITH BASEMENT
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: 44.95609 / -123.11153
  • Property Class: Residential
  • Zoning: SR
  • County Use Code: 401

Amenities

  • Plus Four: 1501
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 4

Ownership Info

1531 40th Ave NW has no associated ownership info
1531 40th Ave NW has no associated ownership info.

Taxes

1531 40th Ave NW has 10 associated Taxes items

1531 40th Ave, 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 $410,860. The APN we've located for 1531 40th Ave is 349226.

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Taxes
  • Assessed Value:  $410,860
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  349226
  • Assessed Land Value:  119780
  • Market Land Value:  265000
  • Tax Amount:  5052.39
  • Tax Year:  2025
  • Market Value:  632910
  • Market Year:  2026

Tax History

1531 40th Ave NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $410,860 Land Value $119,780 Improvement Value $291,080 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,052.39 Change Rate +0.030213% Assessed CR Tax Rate
Year 2024 Assessed Value $387,290 Land Value $112,900 Improvement Value $274,390 Tax Amount $4,904.22 Change Rate +0.024605% Assessed CR Tax Rate +0.012663%
Year 2023 Assessed Value $376,010 Land Value $109,610 Improvement Value $266,400 Tax Amount $4,786.45 Change Rate +0.030978% Assessed CR Tax Rate +0.01273%
Year 2022 Assessed Value $365,060 Land Value $106,420 Improvement Value $258,640 Tax Amount $4,642.63 Change Rate +0.026599% Assessed CR Tax Rate +0.012717%
Year 2021 Assessed Value $354,430 Land Value $103,320 Improvement Value $251,110 Tax Amount $4,522.34 Change Rate +0.028494% Assessed CR Tax Rate +0.012759%
Year 2020 Assessed Value $344,110 Land Value $100,320 Improvement Value $243,790 Tax Amount $4,397.05 Change Rate +0.037192% Assessed CR Tax Rate +0.012778%
Year 2019 Assessed Value $334,090 Land Value $97,390 Improvement Value $236,700 Tax Amount $4,239.38 Change Rate +0.019587% Assessed CR Tax Rate +0.012689%
Year 2018 Assessed Value $324,360 Land Value $94,550 Improvement Value $229,810 Tax Amount $4,157.94 Change Rate +0.139124% Assessed CR Tax Rate +0.012819%
Year 2017 Assessed Value $314,920 Land Value $91,800 Improvement Value $223,120 Tax Amount $3,650.12 Change Rate +0.105943% Assessed CR Tax Rate +0.011591%
Year 2016 Assessed Value $305,750 Land Value $89,120 Improvement Value $216,630 Tax Amount $3,300.46 Change Rate -0.016763% Assessed CR Tax Rate +0.010795%
Year 2015 Assessed Value $296,850 Land Value $86,520 Improvement Value $210,330 Tax Amount $3,356.73 Change Rate +0.053925% Assessed CR Tax Rate +0.011308%
Year 2014 Assessed Value $288,210 Land Value $84,000 Improvement Value $204,210 Tax Amount $3,184.98 Change Rate Assessed CR Tax Rate +0.011051%