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2040 Timber Ct; Salem, OR Property Details

2040 Timber Ct, Salem, OR is a Single Family that was built in 1998. This property is currently Financed and is not for sale. Our records show that 2040 Timber Ct has 2 bedrooms, and 2 bathrooms, and a total of 1,994 square feet. The lot size of 2040 Timber Ct is 6,534 square feet.

Off market
2040 Timber Ct S Salem, OR 97302
$515,000 Listing Price
2 Beds
2 Baths
1,994 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1998
  • Purchase Price: $515,000
  • Est. Equity / %: $484,000 / 100%
  • Gross Yield: 7.123%
  • APN: 570575
  • Situs County: Marion
  • Length Of Ownership: 2 years, 1 months

Rooms

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

Structure

  • Stories: 1
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,994/SqFt
  • Lot: 6,534/SqFt
  • Gross: 2,434/SqFt
  • Garage: 440/SqFt
  • Living: 1,994/SqFt
  • Building: 2,434/SqFt
  • Ground: 1,994/SqFt
  • Garage Finished: 440/SqFt
  • Price Per Square Foot: $258.27

Legal Description

  • Description: CROISAN ESTATES IN SALEM LOT 4 ACRES .15
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: 44.90811 / -123.07273
  • Subdivision: Croisan Estates In Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 9318
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

2040 Timber Ct S has no associated ownership info
2040 Timber Ct S has no associated ownership info.

Taxes

2040 Timber Ct S has 9 associated Taxes items

2040 Timber Ct, 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 $281,170. The APN we've located for 2040 Timber Ct is 570575.

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Taxes
  • Assessed Value:  $281,170
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  570575
  • Market Land Value:  165000
  • Tax Amount:  5359.98
  • Tax Year:  2024
  • Market Value:  517620
  • Market Year:  2025

Tax History

2040 Timber Ct S has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $281,170 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,359.98 Change Rate +0.030391% Assessed CR Tax Rate
Year 2023 Assessed Value $265,040 Land Value Improvement Value Tax Amount $5,201.89 Change Rate +0.028749% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $257,330 Land Value Improvement Value Tax Amount $5,056.52 Change Rate +0.029405% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $249,840 Land Value Improvement Value Tax Amount $4,912.08 Change Rate +0.030017% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $242,570 Land Value Improvement Value Tax Amount $4,768.93 Change Rate +0.036433% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $235,510 Land Value Improvement Value Tax Amount $4,601.29 Change Rate +0.012971% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $4,542.37 Change Rate +0.222283% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $3,716.3 Change Rate +0.049879% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,539.74 Change Rate -0.007514% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,566.54 Change Rate +0.033295% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,451.62 Change Rate Assessed CR Tax Rate