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2298 Timothy Dr; Salem, OR Property Details

2298 Timothy Dr, Salem, OR is a Single Family that was built in 1979. This property is currently a cash purchase and is not for sale. Our records show that 2298 Timothy Dr has 3 bedrooms, and 2 bathrooms, and a total of 2,370 square feet. The lot size of 2298 Timothy Dr is 8,831 square feet.

Off market
2298 Timothy Dr NW Salem, OR 97304
$559,000 Listing Price
3 Beds
2 Baths
2,370 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1979
  • Purchase Price: $559,000
  • Est. Equity / %: $566,000 / 100%
  • Gross Yield: 6.505%
  • APN: 379515
  • Situs County: Polk
  • Length Of Ownership: 2 years, 6 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: Concrete
  • Sewer Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 2,370/SqFt
  • Lot: 8,831/SqFt
  • Gross: 2,810/SqFt
  • Garage: 440/SqFt
  • Living: 2,370/SqFt
  • Basement: 688/SqFt
  • Building: 2,810/SqFt
  • Ground: 1,682/SqFt
  • Basement Finished: 688/SqFt
  • Price Per Square Foot: $235.86

Legal Description

  • Description: WALLACE HILL WEST LOT 2 BLOCK 2
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: 44.978546 / -123.08044
  • Subdivision: Wallace Hill West
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1030
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

2298 Timothy Dr NW has no associated ownership info
2298 Timothy Dr NW has no associated ownership info.

Taxes

2298 Timothy Dr NW has 10 associated Taxes items

2298 Timothy Dr, 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 $311,290. The APN we've located for 2298 Timothy Dr is 379515.

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Taxes
  • Assessed Value:  $311,290
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  379515
  • Assessed Land Value:  93000
  • Market Land Value:  155000
  • Tax Amount:  5970.66
  • Tax Year:  2025
  • Market Value:  582680
  • Market Year:  2026

Tax History

2298 Timothy Dr NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $311,290 Land Value $93,000 Improvement Value $218,290 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,970.66 Change Rate +0.07974% Assessed CR Tax Rate
Year 2024 Assessed Value $293,430 Land Value $87,670 Improvement Value $205,760 Tax Amount $5,529.72 Change Rate +0.029875% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $284,890 Land Value $85,110 Improvement Value $199,780 Tax Amount $5,369.31 Change Rate +0.033052% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $276,600 Land Value $82,630 Improvement Value $193,970 Tax Amount $5,197.52 Change Rate +0.029373% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $268,550 Land Value $80,220 Improvement Value $188,330 Tax Amount $5,049.21 Change Rate +0.030596% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $260,730 Land Value $77,880 Improvement Value $182,850 Tax Amount $4,899.31 Change Rate +0.036183% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $253,140 Land Value $75,620 Improvement Value $177,520 Tax Amount $4,728.23 Change Rate +0.016874% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $245,770 Land Value $73,420 Improvement Value $172,350 Tax Amount $4,649.77 Change Rate +0.109598% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $238,620 Land Value $71,280 Improvement Value $167,340 Tax Amount $4,190.5 Change Rate +0.024432% Assessed CR Tax Rate +0.017561%
Year 2016 Assessed Value $231,670 Land Value $69,200 Improvement Value $162,470 Tax Amount $4,090.56 Change Rate -0.008431% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $223,630 Land Value $48,000 Improvement Value $175,630 Tax Amount $4,125.34 Change Rate +0.089446% Assessed CR Tax Rate +0.018447%
Year 2014 Assessed Value $211,820 Land Value $48,900 Improvement Value $162,920 Tax Amount $3,786.64 Change Rate Assessed CR Tax Rate +0.017877%