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2475 Timothy Dr; Salem, OR Property Details

2475 Timothy Dr, Salem, OR is a Single Family that was built in 1993. This property is currently Financed and is not for sale. Our records show that 2475 Timothy Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,278 square feet. The lot size of 2475 Timothy Dr is 7,722 square feet.

Off market
2475 Timothy Dr NW Salem, OR 97304
$570,000 Listing Price
4 Beds
2.5 Baths
2,278 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1993
  • Purchase Price: $570,000
  • Open Loans / Balance: 2 / $505,056
  • Est. Equity / %: $57,944 / 10.29%
  • Gross Yield: 6.424%
  • APN: 379388
  • Situs County: Polk
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 11
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Other
  • Building Condition: Good
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Municipal
  • Attic: true
  • Deck: true

Measurements

  • Total: 2,278/SqFt
  • Lot: 7,722/SqFt
  • Attic: 480/SqFt
  • Gross: 2,966/SqFt
  • Garage: 448/SqFt
  • Living: 2,278/SqFt
  • Building: 2,966/SqFt
  • Ground: 1,290/SqFt
  • Attic Unfinished: 240/SqFt
  • Price Per Square Foot: $250.22

Legal Description

  • Description: WALLACE HILL WEST LOT 13 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: 44.97887 / -123.08379
  • Subdivision: Wallace Hill West
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1033
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

2475 Timothy Dr NW has no associated ownership info
2475 Timothy Dr NW has no associated ownership info.

Taxes

2475 Timothy Dr NW has 10 associated Taxes items

2475 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 $340,540. The APN we've located for 2475 Timothy Dr is 379388.

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Taxes
  • Assessed Value:  $340,540
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  379388
  • Assessed Land Value:  90890
  • Market Land Value:  150000
  • Tax Amount:  5908.1
  • Tax Year:  2025
  • Market Value:  565480
  • Market Year:  2026

Tax History

2475 Timothy Dr NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $340,540 Land Value $90,890 Improvement Value $249,650 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,908.1 Change Rate +0.079748% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,471.74 Change Rate +0.02986% Assessed CR Tax Rate
Year 2023 Assessed Value $311,660 Land Value $83,180 Improvement Value $228,480 Tax Amount $5,313.09 Change Rate -0.065561% Assessed CR Tax Rate +0.017048%
Year 2022 Assessed Value $302,590 Land Value $80,760 Improvement Value $221,830 Tax Amount $5,685.86 Change Rate +0.029379% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $293,780 Land Value $78,410 Improvement Value $215,370 Tax Amount $5,523.58 Change Rate +0.03058% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $285,230 Land Value $76,120 Improvement Value $209,110 Tax Amount $5,359.68 Change Rate +0.036165% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $276,930 Land Value $73,910 Improvement Value $203,020 Tax Amount $5,172.61 Change Rate +0.016867% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $268,870 Land Value $71,760 Improvement Value $197,110 Tax Amount $5,086.81 Change Rate +0.109625% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $261,040 Land Value $69,670 Improvement Value $191,370 Tax Amount $4,584.26 Change Rate +0.024427% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $253,440 Land Value $67,640 Improvement Value $185,800 Tax Amount $4,474.95 Change Rate -0.003807% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $236,940 Land Value $48,000 Improvement Value $188,940 Tax Amount $4,492.05 Change Rate +0.068592% Assessed CR Tax Rate +0.018959%
Year 2014 Assessed Value $235,150 Land Value $48,900 Improvement Value $186,250 Tax Amount $4,203.71 Change Rate Assessed CR Tax Rate +0.017877%