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1562 7th St; Salem, OR Property Details

1562 7th St, Salem, OR is a Single Family that was built in 2005. This property is currently Financed and is not for sale. Our records show that 1562 7th St has 3 bedrooms, and 2 bathrooms, and a total of 1,320 square feet. The lot size of 1562 7th St is 5,125 square feet.

Off market
1562 7th St NW Salem, OR 97304
$194,280 Estimated Value
3 Beds
2 Baths
1,320 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2005
  • Purchase Price: $154,000
  • Est. Equity / %: $382,000 / 100%
  • Gross Yield: 6.939%
  • APN: 565676
  • Situs County: Polk
  • Length Of Ownership: 17 years

Rooms

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

Structure

  • Stories: 1
  • Exterior Wall Type: Wood
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,320/SqFt
  • Lot: 5,125/SqFt
  • Gross: 1,774/SqFt
  • Garage: 454/SqFt
  • Living: 1,320/SqFt
  • Building: 1,774/SqFt
  • Ground: 1,320/SqFt
  • Price Per Square Foot: $116.67

Legal Description

  • Description: PARTITION PLAT 2003-0008 LOT 2
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: 44.943535 / -123.06654
  • Subdivision: Partition Plat 2003-0008
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 3974
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

1562 7th St NW has no associated ownership info
1562 7th St NW has no associated ownership info.

Taxes

1562 7th St NW has 10 associated Taxes items

1562 7th 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 $194,280. The APN we've located for 1562 7th St is 565676.

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Taxes
  • Assessed Value:  $194,280
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  565676
  • Assessed Land Value:  62440
  • Market Land Value:  140000
  • Tax Amount:  3726.45
  • Tax Year:  2025
  • Market Value:  360440
  • Market Year:  2026

Tax History

1562 7th St NW has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $194,280 Land Value $62,440 Improvement Value $131,840 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,726.45 Change Rate +0.07973% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,451.28 Change Rate +0.029867% Assessed CR Tax Rate
Year 2023 Assessed Value $177,810 Land Value $57,150 Improvement Value $120,660 Tax Amount $3,351.19 Change Rate +0.033036% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $172,640 Land Value $55,480 Improvement Value $117,160 Tax Amount $3,244.02 Change Rate +0.029344% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $167,620 Land Value $53,870 Improvement Value $113,750 Tax Amount $3,151.54 Change Rate +0.030579% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $162,740 Land Value $52,300 Improvement Value $110,440 Tax Amount $3,058.03 Change Rate +0.036206% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $158,000 Land Value $50,780 Improvement Value $107,220 Tax Amount $2,951.18 Change Rate +0.016873% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $153,400 Land Value $49,300 Improvement Value $104,100 Tax Amount $2,902.21 Change Rate +0.109577% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $148,940 Land Value $47,870 Improvement Value $101,070 Tax Amount $2,615.6 Change Rate +0.024384% Assessed CR Tax Rate +0.017561%
Year 2016 Assessed Value $144,610 Land Value $46,480 Improvement Value $98,130 Tax Amount $2,553.34 Change Rate -0.008427% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $140,400 Land Value $45,120 Improvement Value $95,280 Tax Amount $2,575.04 Change Rate +0.046517% Assessed CR Tax Rate +0.018341%
Year 2014 Assessed Value $136,320 Land Value $43,800 Improvement Value $92,520 Tax Amount $2,460.58 Change Rate Assessed CR Tax Rate +0.01805%
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