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1555 40th Ave; Salem, OR Property Details

1555 40th Ave, Salem, OR is a Single Family that was built in 1979. This property is currently Financed and is not for sale. Our records show that 1555 40th Ave has 4 bedrooms, and 3 bathrooms, and a total of 5,380 square feet. The lot size of 1555 40th Ave is 52,708 square feet.

Off market
1555 40th Ave NW Salem, OR 97304
$685,000 Listing Price
4 Beds
3 Baths
5,380 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1979
  • Purchase Price: $625,000
  • Open Loans / Balance: 1 / $436,087
  • Est. Equity / %: $487,913 / 52.8%
  • APN: 375801
  • Situs County: Polk
  • Length Of Ownership: 6 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 14

Structure

  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Building Condition: Good
  • Roof Type: Hip
  • Pool Type: Spa or Hot Tub
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Septic
  • Water Source: Yes

Measurements

  • Total: 5,380/SqFt
  • Lot: 52,708/SqFt
  • Gross: 5,380/SqFt
  • Garage: 1,040/SqFt
  • Living: 4,340/SqFt
  • Basement: 1,324/SqFt
  • Building: 5,380/SqFt
  • Ground: 2,333/SqFt
  • Basement Finished: 1,324/SqFt
  • Price Per Square Foot: $116.17

Legal Description

  • Description: PARTITION PLAT 2002-0010 LOT 2
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 / -123.11007
  • Subdivision: Partition Plat 2002-0010
  • Property Class: Residential
  • Zoning: SR
  • County Use Code: 401

Amenities

  • Pool: true
  • Plus Four: 1501
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 4

Ownership Info

1555 40th Ave NW has no associated ownership info
1555 40th Ave NW has no associated ownership info.

Taxes

1555 40th Ave NW has 10 associated Taxes items

1555 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 $616,590. The APN we've located for 1555 40th Ave is 375801.

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Taxes
  • Assessed Value:  $616,590
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  375801
  • Assessed Land Value:  163920
  • Market Land Value:  265000
  • Tax Amount:  7582.27
  • Tax Year:  2025
  • Market Value:  982780
  • Market Year:  2026

Tax History

1555 40th Ave NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $616,590 Land Value $163,920 Improvement Value $452,670 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $7,582.27 Change Rate +0.030226% Assessed CR Tax Rate
Year 2024 Assessed Value $581,210 Land Value $154,520 Improvement Value $426,690 Tax Amount $7,359.81 Change Rate +0.024589% Assessed CR Tax Rate +0.012663%
Year 2023 Assessed Value $564,290 Land Value $150,020 Improvement Value $414,270 Tax Amount $7,183.18 Change Rate +0.030968% Assessed CR Tax Rate +0.01273%
Year 2022 Assessed Value $547,860 Land Value $145,640 Improvement Value $402,220 Tax Amount $6,967.41 Change Rate +0.026594% Assessed CR Tax Rate +0.012718%
Year 2021 Assessed Value $531,910 Land Value $141,400 Improvement Value $390,510 Tax Amount $6,786.92 Change Rate +0.028508% Assessed CR Tax Rate +0.01276%
Year 2020 Assessed Value $516,420 Land Value $137,290 Improvement Value $379,130 Tax Amount $6,598.8 Change Rate +0.037195% Assessed CR Tax Rate +0.012778%
Year 2019 Assessed Value $501,380 Land Value $133,280 Improvement Value $368,100 Tax Amount $6,362.16 Change Rate +0.01958% Assessed CR Tax Rate +0.012689%
Year 2018 Assessed Value $486,780 Land Value $129,400 Improvement Value $357,380 Tax Amount $6,239.98 Change Rate +0.139131% Assessed CR Tax Rate +0.012819%
Year 2017 Assessed Value $472,610 Land Value $125,620 Improvement Value $346,990 Tax Amount $5,477.84 Change Rate +0.010073% Assessed CR Tax Rate +0.011591%
Year 2016 Assessed Value $458,850 Land Value $121,970 Improvement Value $336,880 Tax Amount $5,423.21 Change Rate +0.007464% Assessed CR Tax Rate +0.011819%
Year 2015 Assessed Value $445,490 Land Value $118,420 Improvement Value $327,070 Tax Amount $5,383.03 Change Rate +0.052819% Assessed CR Tax Rate +0.012083%
Year 2014 Assessed Value $432,520 Land Value $114,970 Improvement Value $317,550 Tax Amount $5,112.97 Change Rate Assessed CR Tax Rate +0.011821%