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2425 Timothy Dr; Salem, OR Property Details

2425 Timothy Dr, Salem, OR is a Single Family that was built in 1981. This property is currently Financed and is not for sale. Our records show that 2425 Timothy Dr has 3 bedrooms, and 3.5 bathrooms, and a total of 2,647 square feet. The lot size of 2425 Timothy Dr is 9,803 square feet.

Off market
2425 Timothy Dr NW Salem, OR 97304
$314,000 Listing Price
3 Beds
3.5 Baths
2,647 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1981
  • Purchase Price: $314,000
  • Open Loans / Balance: 1 / $350,375
  • Est. Equity / %: $264,625 / 43.03%
  • Gross Yield: 6.708%
  • APN: 379432
  • Situs County: Polk
  • Length Of Ownership: 10 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Wood
  • Roof Type: Gable
  • Roof Cover Type: Other
  • Sewer Type: Yes
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 2,647/SqFt
  • Lot: 9,803/SqFt
  • Gross: 3,235/SqFt
  • Garage: 588/SqFt
  • Living: 2,647/SqFt
  • Basement: 768/SqFt
  • Building: 3,235/SqFt
  • Ground: 1,223/SqFt
  • Basement Finished: 768/SqFt
  • Price Per Square Foot: $118.62

Legal Description

  • Description: WALLACE HILL WEST LOT 8 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: 44.97891 / -123.0823
  • Subdivision: Wallace Hill West
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1033
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

2425 Timothy Dr NW has no associated ownership info
2425 Timothy Dr NW has no associated ownership info.

Taxes

2425 Timothy Dr NW has 10 associated Taxes items

2425 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 $324,130. The APN we've located for 2425 Timothy Dr is 379432.

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Taxes
  • Assessed Value:  $324,130
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  379432
  • Assessed Land Value:  69320
  • Market Land Value:  150000
  • Tax Amount:  5593.22
  • Tax Year:  2025
  • Market Value:  618590
  • Market Year:  2026

Tax History

2425 Timothy Dr NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $324,130 Land Value $69,320 Improvement Value $254,810 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,593.22 Change Rate +0.079728% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,180.21 Change Rate +0.029855% Assessed CR Tax Rate
Year 2023 Assessed Value $296,640 Land Value $63,440 Improvement Value $233,200 Tax Amount $5,030.04 Change Rate +0.033081% Assessed CR Tax Rate +0.016957%
Year 2022 Assessed Value $288,000 Land Value $61,600 Improvement Value $226,400 Tax Amount $4,868.97 Change Rate -0.073879% Assessed CR Tax Rate +0.016906%
Year 2021 Assessed Value $279,620 Land Value $59,800 Improvement Value $219,820 Tax Amount $5,257.38 Change Rate +0.030588% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $271,480 Land Value $58,060 Improvement Value $213,420 Tax Amount $5,101.34 Change Rate +0.036169% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $263,580 Land Value $56,370 Improvement Value $207,210 Tax Amount $4,923.27 Change Rate +0.016862% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $255,910 Land Value $54,720 Improvement Value $201,190 Tax Amount $4,841.63 Change Rate +0.109613% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $248,460 Land Value $53,130 Improvement Value $195,330 Tax Amount $4,363.35 Change Rate +0.024414% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $241,230 Land Value $51,590 Improvement Value $189,640 Tax Amount $4,259.36 Change Rate -0.008427% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $234,210 Land Value $50,080 Improvement Value $184,130 Tax Amount $4,295.56 Change Rate +0.046572% Assessed CR Tax Rate +0.018341%
Year 2014 Assessed Value $227,390 Land Value $48,620 Improvement Value $178,770 Tax Amount $4,104.41 Change Rate Assessed CR Tax Rate +0.01805%