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1989 Oak Tree Ln; Salem, OR Property Details

1989 Oak Tree Ln, Salem, OR is a Rural Residence that was built in 2018. This property is currently Financed and is not for sale. Our records show that 1989 Oak Tree Ln has 1 bedroom, and 1.5 bathrooms, and a total of 6,368 square feet. The lot size of 1989 Oak Tree Ln is 87,556 square feet.

Off market
1989 Oak Tree Ln NE Salem, OR 97303
$588,280 Estimated Value
1 Beds
1.5 Baths
6,368 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2018
  • Purchase Price: $200,000
  • Open Loans / Balance: 2 / $823,673
  • Est. Equity / %: $450,327 / 35.35%
  • Gross Yield: 6.313%
  • APN: 355104
  • Situs County: Marion
  • Length Of Ownership: 8 years, 3 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 2
  • Partial Bathrooms: 1

Structure

  • Roof Cover Type: Composition Shingle
  • Attic: true
  • Deck: true

Measurements

  • Total: 6,368/SqFt
  • Lot: 87,556/SqFt
  • Attic: 1,158/SqFt
  • Gross: 8,044/SqFt
  • Garage: 518/SqFt
  • Living: 6,368/SqFt
  • Basement: 1,698/SqFt
  • Building: 8,044/SqFt
  • Ground: 2,510/SqFt
  • Garage Finished: 518/SqFt
  • Attic Unfinished: 1,158/SqFt
  • Basement Finished: 1,698/SqFt
  • Price Per Square Foot: $31.41

Legal Description

  • Description: PP 2017-066 LOT 3 ACRES 2.01
Building Insights

Land Information

  • Property Type: Rural Residence
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gervais School District 1
  • Lat / Lon: 45.02978 / -123.00812
  • Subdivision: Pp 2017-066
  • Property Class: Residential
  • Zoning: AR
  • County Use Code: 401

Amenities

  • Plus Four: 3990
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

1989 Oak Tree Ln NE has no associated ownership info
1989 Oak Tree Ln NE has no associated ownership info.

Taxes

1989 Oak Tree Ln NE has 9 associated Taxes items

1989 Oak Tree 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 $588,280. The APN we've located for 1989 Oak Tree Ln is 355104.

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Taxes
  • Assessed Value:  $588,280
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  355104
  • Market Land Value:  275420
  • Tax Amount:  7481.52
  • Tax Year:  2024
  • Market Value:  1201110
  • Market Year:  2025

Tax History

1989 Oak Tree Ln NE has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $588,280 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $548,020 Land Value Improvement Value Tax Amount $7,481.52 Change Rate +0.221501% Assessed CR Tax Rate +0.013652%
Year 2023 Assessed Value $532,060 Land Value Improvement Value Tax Amount $6,124.86 Change Rate +0.028393% Assessed CR Tax Rate +0.011512%
Year 2022 Assessed Value $516,570 Land Value Improvement Value Tax Amount $5,955.76 Change Rate +0.001279% Assessed CR Tax Rate +0.011529%
Year 2021 Assessed Value $501,530 Land Value Improvement Value Tax Amount $5,948.15 Change Rate +0.086255% Assessed CR Tax Rate +0.01186%
Year 2020 Assessed Value $486,930 Land Value Improvement Value Tax Amount $5,475.83 Change Rate +0.960071% Assessed CR Tax Rate +0.011246%
Year 2019 Assessed Value $234,020 Land Value Improvement Value Tax Amount $2,793.69 Change Rate +1.066644% Assessed CR Tax Rate +0.011938%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,351.8 Change Rate Assessed CR Tax Rate