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1542 3rd St; Salem, OR Property Details

1542 3rd St, Salem, OR is a Quadruplex 4 Units that was built in 1963. This property is currently Financed and is not for sale. Our records show that 1542 3rd St has 4 bedrooms, and 4 bathrooms, and a total of 1,996 square feet. The lot size of 1542 3rd St is 4,924 square feet.

Off market
1542 3rd St NW Salem, OR 97304
$224,640 Estimated Value
4 Beds
4 Baths
1,996 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1963
  • Purchase Price: $361,511
  • Open Loans / Balance: 1 / $3,186,502
  • Est. Equity / %: $-2,702,502 / -558.37%
  • APN: 261227
  • Situs County: Polk
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 14

Structure

  • Exterior Wall Type: Wood Siding
  • Roof Type: Flat
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,996/SqFt
  • Lot: 4,924/SqFt
  • Gross: 2,624/SqFt
  • Living: 1,996/SqFt
  • Basement: 412/SqFt
  • Building: 2,408/SqFt
  • Ground: 998/SqFt
  • Price Per Square Foot: $181.12

Legal Description

  • Description: KINGWOOD PARK. LOT 9 BLOCK 8
Building Insights

Land Information

  • Property Type: Quadruplex 4 Units
  • Flood Zone: AREA NOT INCLUDED / No Flood Zone
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.940323 / -123.06442
  • Subdivision: Kingwood Park.
  • Property Class: Residential
  • Zoning: RM2
  • County Use Code: 111

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 4657
  • Fireplaces: 1
  • Heating: Baseboard

HOA

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

Ownership Info

1542 3rd St NW has no associated ownership info
1542 3rd St NW has no associated ownership info.

Taxes

1542 3rd St NW has 10 associated Taxes items

1542 3rd 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 $224,640. The APN we've located for 1542 3rd St is 261227.

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Taxes
  • Assessed Value:  $224,640
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  261227
  • Assessed Land Value:  37590
  • Market Land Value:  130000
  • Tax Amount:  4308.64
  • Tax Year:  2025
  • Market Value:  552790
  • Market Year:  2026

Tax History

1542 3rd St NW has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $224,640 Land Value $37,590 Improvement Value $187,050 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,308.64 Change Rate +0.079735% Assessed CR Tax Rate
Year 2024 Assessed Value $211,750 Land Value $35,430 Improvement Value $176,320 Tax Amount $3,990.46 Change Rate +0.029857% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $205,590 Land Value $34,400 Improvement Value $171,190 Tax Amount $3,874.77 Change Rate +0.033046% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $199,610 Land Value $33,390 Improvement Value $166,220 Tax Amount $3,750.82 Change Rate +0.029373% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $193,800 Land Value $32,420 Improvement Value $161,380 Tax Amount $3,643.79 Change Rate +0.030586% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $188,160 Land Value $31,470 Improvement Value $156,690 Tax Amount $3,535.65 Change Rate +0.036194% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $182,680 Land Value $30,550 Improvement Value $152,130 Tax Amount $3,412.15 Change Rate +0.016877% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $177,360 Land Value $29,660 Improvement Value $147,700 Tax Amount $3,355.52 Change Rate +0.1096% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $172,200 Land Value $28,800 Improvement Value $143,400 Tax Amount $3,024.08 Change Rate +0.0244% Assessed CR Tax Rate +0.017561%
Year 2016 Assessed Value $167,190 Land Value $27,960 Improvement Value $139,230 Tax Amount $2,952.05 Change Rate Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $162,330 Land Value $27,150 Improvement Value $135,180 Tax Amount Change Rate Assessed CR Tax Rate