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240 Strand Ave; Salem, OR Property Details

240 Strand Ave, Salem, OR is a Single Family that was built in 1923. This property is currently a cash purchase and is not for sale. Our records show that 240 Strand Ave has 2 bedrooms, and 1 bathroom, and a total of 512 square feet. The lot size of 240 Strand Ave is 3,049 square feet.

Off market
240 Strand Ave SE Salem, OR 97301
$86,270 Estimated Value
2 Beds
1 Baths
512 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1923
  • Purchase Price: $35,000
  • Est. Equity / %: $280,000 / 100%
  • Gross Yield: 4.877%
  • APN: 568304
  • Situs County: Marion
  • Length Of Ownership: 21 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 512/SqFt
  • Lot: 3,049/SqFt
  • Gross: 512/SqFt
  • Living: 512/SqFt
  • Building: 512/SqFt
  • Ground: 512/SqFt
  • Price Per Square Foot: $68.36

Legal Description

  • Description: CAPITAL PARK ADDITION (AMENDED) TO SALEM BLOCK 1 LOT FR 3 & 4 ACRES .07
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: 44.93426 / -123.02254
  • Subdivision: Capital Park Addition (Amended) To Salem
  • Property Class: Residential
  • Zoning: RM2
  • County Use Code: 101

Amenities

  • Plus Four: 4219

HOA

  • H O A One Name: M&R Homes Property Management
  • H O A One Type: Home Owner Association

Ownership Info

240 Strand Ave SE has no associated ownership info
240 Strand Ave SE has no associated ownership info.

Taxes

240 Strand Ave SE has 9 associated Taxes items

240 Strand 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 $86,270. The APN we've located for 240 Strand Ave is 568304.

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Taxes
  • Assessed Value:  $86,270
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  568304
  • Market Land Value:  134540
  • Tax Amount:  1644.56
  • Tax Year:  2024
  • Market Value:  193170
  • Market Year:  2025

Tax History

240 Strand Ave SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $86,270 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $83,760 Land Value Improvement Value Tax Amount $1,644.56 Change Rate +0.030265% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $81,330 Land Value Improvement Value Tax Amount $1,596.25 Change Rate +0.028671% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $78,970 Land Value Improvement Value Tax Amount $1,551.76 Change Rate +0.029428% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $76,670 Land Value Improvement Value Tax Amount $1,507.4 Change Rate +0.030011% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $74,440 Land Value Improvement Value Tax Amount $1,463.48 Change Rate +0.036334% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $72,280 Land Value Improvement Value Tax Amount $1,412.17 Change Rate +0.01294% Assessed CR Tax Rate +0.019537%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,394.13 Change Rate +0.107912% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $1,258.34 Change Rate +0.049815% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,198.63 Change Rate -0.007559% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,207.76 Change Rate +0.033298% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,168.84 Change Rate Assessed CR Tax Rate