Taxes
- Assessed Value: $1,143,330
- Assessed Year: 2025
- Assessed County: Marion
- APN: 578033
- Assessed Land Value: 420460
- Market Land Value: 420460
- Tax Amount: 21877.84
- Tax Year: 2024
- Market Value: 1143330
- Market Year: 2025
1940 Fairgrounds Rd; Salem, OR Property Details
Off market
1940 Fairgrounds Rd NE Salem, OR 97301
$960,000 Listing Price
4,578 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1972
- Purchase Price: $960,000
- APN: 578033
- Situs County: Marion
- Length Of Ownership: 4 years, 7 months
Structure
- Stories: 1
Measurements
- Total: 4,578/SqFt
- Lot: 50,965/SqFt
- Gross: 4,578/SqFt
- Living: 4,578/SqFt
- Building: 4,578/SqFt
- Ground: 4,578/SqFt
- Price Per Square Foot: $209.70
Legal Description
- Description: HOLLYWOOD RENEWAL SUBDIVISION IN SALEM LOT 5 ACRES 1.17
Building Insights
Land Information
- Property Type: Commercial Office
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Salem-Keizer School District 24J
- Lat / Lon: 44.95527 / -123.0216
- Subdivision: Hollywood Renewal Subdivision In Salem
- Property Class: Office
- Zoning: CR
- County Use Code: 201
Amenities
- Plus Four: 0603
Ownership Info
1940 Fairgrounds Rd NE has no associated ownership info
1940 Fairgrounds Rd NE has no associated ownership info.
Taxes
1940 Fairgrounds Rd NE has 10 associated Taxes items
1940 Fairgrounds Rd, 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 $1,143,330. The APN we've located for 1940 Fairgrounds Rd is 578033.
Unlock the full reportTax History
1940 Fairgrounds Rd NE has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $1,143,330 | Land Value $420,460 | Improvement Value $722,870 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $1,143,330 | Land Value $420,460 | Improvement Value $722,870 | Tax Amount $21,877.84 | Change Rate +0.427782% | Assessed CR | Tax Rate +0.019135% |
| Year 2023 | Assessed Value $800,000 | Land Value $420,460 | Improvement Value $379,540 | Tax Amount $15,322.96 | Change Rate +0.000559% | Assessed CR | Tax Rate +0.019154% |
| Year 2022 | Assessed Value $800,000 | Land Value | Improvement Value | Tax Amount $15,314.4 | Change Rate -0.000512% | Assessed CR | Tax Rate +0.019143% |
| Year 2021 | Assessed Value $800,000 | Land Value | Improvement Value | Tax Amount $15,322.24 | Change Rate -0.410183% | Assessed CR | Tax Rate +0.019153% |
| Year 2020 | Assessed Value $1,321,360 | Land Value | Improvement Value | Tax Amount $25,977.94 | Change Rate +0.036448% | Assessed CR | Tax Rate +0.01966% |
| Year 2019 | Assessed Value $1,282,880 | Land Value | Improvement Value | Tax Amount $25,064.4 | Change Rate +0.01301% | Assessed CR | Tax Rate +0.019538% |
| Year 2018 | Assessed Value | Land Value | Improvement Value | Tax Amount $24,742.51 | Change Rate +0.107985% | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value | Land Value | Improvement Value | Tax Amount $22,331.09 | Change Rate +0.04988% | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value | Land Value | Improvement Value | Tax Amount $21,270.14 | Change Rate -0.007466% | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $21,430.14 | Change Rate +0.033321% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value | Land Value | Improvement Value | Tax Amount $20,739.09 | Change Rate | Assessed CR | Tax Rate |