Taxes
- Assessed Value: $20,073,510
- Assessed Year: 2025
- Assessed County: Marion
- APN: 559790
- Market Land Value: 2514360
- Tax Amount: 412400.22
- Tax Year: 2025
- Market Value: 50261670
- Market Year: 2025
2297 Coral Ave; Salem, OR Property Details
Off market
2489 Coral Ave NE Salem, OR 97305
$20,073,510 Estimated Value
253,189 SqFt
Property Type
Apt House 5+ UnitsProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1992
- Purchase Price: $19,000,000
- Open Loans / Balance: 1 / $60,000
- APN: 559790
- Situs County: Marion
- Length Of Ownership: 17 years, 8 months
Structure
- Stories: 1
Measurements
- Total: 253,189/SqFt
- Lot: 558,875/SqFt
- Gross: 253,189/SqFt
- Living: 253,189/SqFt
- Building: 253,189/SqFt
- Ground: 253,189/SqFt
- Price Per Square Foot: $75.04
Legal Description
- Description: SAVAGES ADDITION TO SALEM BLOCK B LOT FR 3-6 ACRES 12.83
Building Insights
Land Information
- Property Type: Apt House 5+ Units
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Salem-Keizer School District 24J
- Lat / Lon: 44.957584 / -122.98735
- Subdivision: Savages Addition To Salem
- Property Class: Residential
- Zoning: RM2
- County Use Code: 701
Amenities
- Plus Four: 1264
HOA
- H O A One: $400
- H O A Amount: $400
- H O A One Frequency: Monthly
- H O A One Name: Cinnamonwood Condominium Homeowners Association Inc
- H O A One Type: Condo Owner Association
Ownership Info
2489 Coral Ave NE has no associated ownership info
2489 Coral Ave NE has no associated ownership info.
Taxes
2489 Coral Ave NE has 9 associated Taxes items
2297 Coral Ave, 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 $20,073,510. The APN we've located for 2297 Coral Ave is 559790.
Unlock the full reportTax History
2489 Coral Ave 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 $20,073,510 | Land Value | Improvement Value | Tax Amount $412,400.22 | Change Rate +0.077748% | Assessed CR | Tax Rate +0.020544% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $382,649.91 | Change Rate +0.030388% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $18,921,220 | Land Value | Improvement Value | Tax Amount $371,364.91 | Change Rate +0.028794% | Assessed CR | Tax Rate +0.019627% |
| Year 2022 | Assessed Value $18,370,120 | Land Value | Improvement Value | Tax Amount $360,971.03 | Change Rate +0.029424% | Assessed CR | Tax Rate +0.01965% |
| Year 2021 | Assessed Value $17,835,070 | Land Value | Improvement Value | Tax Amount $350,653.53 | Change Rate +0.030047% | Assessed CR | Tax Rate +0.019661% |
| Year 2020 | Assessed Value $17,315,610 | Land Value | Improvement Value | Tax Amount $340,424.91 | Change Rate +0.036452% | Assessed CR | Tax Rate +0.01966% |
| Year 2019 | Assessed Value $16,811,280 | Land Value | Improvement Value | Tax Amount $328,452.03 | Change Rate +0.013013% | Assessed CR | Tax Rate +0.019538% |
| Year 2018 | Assessed Value | Land Value | Improvement Value | Tax Amount $324,232.66 | Change Rate +2.500249% | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value | Land Value | Improvement Value | Tax Amount $92,631.3 | Change Rate -0.667664% | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value | Land Value | Improvement Value | Tax Amount $278,728.03 | Change Rate -0.007462% | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $280,823.56 | Change Rate +0.03333% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value | Land Value | Improvement Value | Tax Amount $271,765.62 | Change Rate | Assessed CR | Tax Rate |