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1902 Spicetree Ln; Salem, OR Property Details

1902 Spicetree Ln, Salem, OR is a Condominium that was built in 1990. This property is currently a cash purchase and is for sale. Our records show that 1902 Spicetree Ln has 1 bedroom, and 1.5 bathrooms, and a total of 1,968 square feet. The lot size of 1902 Spicetree Ln is 1,617 square feet.

On Market for 82 days
1902 Spicetree Ln SE Salem, OR 97306
$419,000 Listing Price
1 Beds
1.5 Baths
1,968 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1990
  • Purchase Price: $320,000
  • Est. Equity / %: $578,000 / 100%
  • Gross Yield: 11.948%
  • APN: 569830
  • Situs County: Marion
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 3
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle
  • Patio Type: Patio

Measurements

  • Total: 1,968/SqFt
  • Lot: 1,617/SqFt
  • Gross: 2,368/SqFt
  • Garage: 400/SqFt
  • Living: 1,968/SqFt
  • Building: 2,368/SqFt
  • Ground: 1,104/SqFt
  • Garage Finished: 400/SqFt
  • Price Per Square Foot: $162.60

Legal Description

  • Description: CINNAMONWOOD CONDO ESTATES STAGE I IN SALEM LOT UNIT 1902
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.857708 / -123.0181
  • Subdivision: Cinnamonwood Condo Estates Stage I In Sa
  • Property Class: Residential
  • Zoning: RM2
  • County Use Code: 102

Amenities

  • Plus Four: 1465
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One: $250
  • H O A Two: $275
  • H O A Amount: $525
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Quarterly
  • H O A One Name: Cinnamonwood Condo Estates Stage I In Salem
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Cinnamonwood Condominium Homeowners Association Inc
  • H O A Two Type: Condo Owner Association

Ownership Info

1902 Spicetree Ln SE has no associated ownership info
1902 Spicetree Ln SE has no associated ownership info.

Taxes

1902 Spicetree Ln SE has 8 associated Taxes items

1902 Spicetree Ln, Salem, OR pays taxes in Marion County, OR. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $269,180. The APN we've located for 1902 Spicetree Ln is 569830.

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Taxes
  • Assessed Value:  $269,180
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  569830
  • Tax Amount:  5530.2
  • Tax Year:  2025
  • Market Value:  637060
  • Market Year:  2025

Tax History

1902 Spicetree Ln SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $269,180 Land Value Improvement Value $269,180 Tax Amount $5,530.2 Change Rate +0.077755% Assessed CR Tax Rate +0.020545%
Year 2024 Assessed Value $261,340 Land Value Improvement Value $261,340 Tax Amount $5,131.22 Change Rate +0.030378% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $253,730 Land Value Improvement Value $253,730 Tax Amount $4,979.94 Change Rate +0.028794% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $246,340 Land Value Improvement Value Tax Amount $4,840.56 Change Rate +0.029405% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $239,170 Land Value Improvement Value Tax Amount $4,702.29 Change Rate +0.030018% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $232,210 Land Value Improvement Value Tax Amount $4,565.25 Change Rate +0.036436% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $225,450 Land Value Improvement Value Tax Amount $4,404.76 Change Rate +0.012987% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $4,348.29 Change Rate +0.23961% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $3,507.79 Change Rate -0.009437% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,541.21 Change Rate +0.01257% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,497.25 Change Rate +0.165991% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,999.38 Change Rate Assessed CR Tax Rate