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2042 Summit Ave; Salem, OR Property Details

2042 Summit Ave, Salem, OR is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 2042 Summit Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,872 square feet. The lot size of 2042 Summit Ave is 8,558 square feet.

Off market
2042 Summit Ave NW Salem, OR 97304
$498,999 Listing Price
3 Beds
2 Baths
1,872 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1962
  • Purchase Price: $370,000
  • Open Loans / Balance: 2 / $327,618
  • Est. Equity / %: $139,382 / 29.85%
  • Gross Yield: 6.953%
  • APN: 244835
  • Situs County: Polk
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 1,872/SqFt
  • Lot: 8,558/SqFt
  • Gross: 3,024/SqFt
  • Garage: 576/SqFt
  • Living: 1,872/SqFt
  • Basement: 1,200/SqFt
  • Building: 3,024/SqFt
  • Ground: 1,248/SqFt
  • Basement Finished: 624/SqFt
  • Basement Unfinished: 576/SqFt
  • Price Per Square Foot: $197.65

Legal Description

  • Description: HIDEAWAY HILLS LOT 1 BLOCK 1
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AREA NOT INCLUDED / No Flood Zone
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.94746 / -123.07475
  • Subdivision: Hideaway Hills
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 2720
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Baseboard
  • Parking: 2

Ownership Info

2042 Summit Ave NW has no associated ownership info
2042 Summit Ave NW has no associated ownership info.

Taxes

2042 Summit Ave NW has 10 associated Taxes items

2042 Summit Ave, Salem, OR pays taxes in Polk County, OR. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $241,410. The APN we've located for 2042 Summit Ave is 244835.

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Taxes
  • Assessed Value:  $241,410
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  244835
  • Assessed Land Value:  67160
  • Market Land Value:  140000
  • Tax Amount:  4630.23
  • Tax Year:  2025
  • Market Value:  472510
  • Market Year:  2026

Tax History

2042 Summit Ave NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $241,410 Land Value $67,160 Improvement Value $174,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,630.23 Change Rate +0.079708% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,288.41 Change Rate +0.029863% Assessed CR Tax Rate
Year 2023 Assessed Value $220,940 Land Value $61,470 Improvement Value $159,470 Tax Amount $4,164.06 Change Rate +0.033066% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $214,510 Land Value $59,680 Improvement Value $154,830 Tax Amount $4,030.78 Change Rate +0.029353% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $208,270 Land Value $57,950 Improvement Value $150,320 Tax Amount $3,915.84 Change Rate +0.030566% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $202,210 Land Value $56,260 Improvement Value $145,950 Tax Amount $3,799.7 Change Rate +0.036157% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $196,330 Land Value $54,620 Improvement Value $141,710 Tax Amount $3,667.11 Change Rate +0.01684% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $190,620 Land Value $53,030 Improvement Value $137,590 Tax Amount $3,606.38 Change Rate +0.109614% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $185,070 Land Value $51,490 Improvement Value $133,580 Tax Amount $3,250.12 Change Rate +0.024437% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $179,680 Land Value $49,990 Improvement Value $129,690 Tax Amount $3,172.59 Change Rate -0.003778% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $172,950 Land Value $48,000 Improvement Value $124,950 Tax Amount $3,184.62 Change Rate +0.047824% Assessed CR Tax Rate +0.018414%
Year 2014 Assessed Value $169,370 Land Value $47,120 Improvement Value $122,250 Tax Amount $3,039.27 Change Rate Assessed CR Tax Rate +0.017945%