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1925 40th Pl; Salem, OR Property Details

1925 40th Pl, Salem, OR is a Single Family that was built in 1969. This property is currently Financed and is not for sale. Our records show that 1925 40th Pl has 2 bedrooms, and 2 bathrooms, and a total of 1,794 square feet. The lot size of 1925 40th Pl is 7,841 square feet.

Off market
1925 40th Pl SE Salem, OR 97317
$240,000 Listing Price
2 Beds
2 Baths
1,794 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1969
  • Purchase Price: $439,000
  • Open Loans / Balance: 2 / $500,085
  • Est. Equity / %: $-75,085 / -17.67%
  • Gross Yield: 6.726%
  • APN: 554234
  • Situs County: Marion
  • Length Of Ownership: 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,794/SqFt
  • Lot: 7,841/SqFt
  • Gross: 2,214/SqFt
  • Garage: 420/SqFt
  • Living: 1,794/SqFt
  • Building: 2,214/SqFt
  • Ground: 1,794/SqFt
  • Garage Finished: 420/SqFt
  • Price Per Square Foot: $244.70

Legal Description

  • Description: MAR-CIE GARDENS ANNEX NO 1 IN SALEM BLOCK 8 LOT 2 ACRES .18
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: 44.908707 / -122.97732
  • Subdivision: Mar-Cie Gardens Annex No 1 In Salem
  • Property Class: Residential
  • Zoning: RM2
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 6165
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Baseboard
  • Parking: 2

Ownership Info

1925 40th Pl SE has no associated ownership info
1925 40th Pl SE has no associated ownership info.

Taxes

1925 40th Pl SE has 9 associated Taxes items

1925 40th Pl, 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 $179,630. The APN we've located for 1925 40th Pl is 554234.

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Taxes
  • Assessed Value:  $179,630
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  554234
  • Market Land Value:  147040
  • Tax Amount:  3690.41
  • Tax Year:  2025
  • Market Value:  401010
  • Market Year:  2025

Tax History

1925 40th Pl SE has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $179,630 Land Value Improvement Value Tax Amount $3,690.41 Change Rate +0.077737% Assessed CR Tax Rate +0.020545%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,424.22 Change Rate +0.03033% Assessed CR Tax Rate
Year 2023 Assessed Value $169,330 Land Value Improvement Value Tax Amount $3,323.42 Change Rate +0.028776% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $164,400 Land Value Improvement Value Tax Amount $3,230.46 Change Rate +0.029379% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $159,620 Land Value Improvement Value Tax Amount $3,138.26 Change Rate +0.029981% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $154,980 Land Value Improvement Value Tax Amount $3,046.91 Change Rate +0.03642% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $150,470 Land Value Improvement Value Tax Amount $2,939.84 Change Rate +0.012997% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $2,902.12 Change Rate +0.107954% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $2,619.35 Change Rate +0.049882% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $2,494.9 Change Rate -0.007483% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,513.71 Change Rate Assessed CR Tax Rate