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2554 Cole Rd; Salem, OR Property Details

2554 Cole Rd, Salem, OR is a Farm Land that was built in 2005. This property is currently Financed,Bank Sale and is for sale. Our records show that 2554 Cole Rd has 10 bedrooms, and 8.5 bathrooms, and a total of 13,843 square feet. The lot size of 2554 Cole Rd is 1,406,988 square feet.

On Market for 230 days
2554 Cole Rd S Salem, OR 97306
$3,900,000 Listing Price
10 Beds
8.5 Baths
13,843 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2005
  • Purchase Price: $1,300,900
  • Open Loans / Balance: 2 / $947,443
  • Gross Yield: 0.675%
  • APN: 533221
  • Situs County: Marion
  • Length Of Ownership: 9 years, 9 months

Rooms

  • Bedrooms: 10
  • Bathrooms: 8.5
  • Full Bathrooms: 8
  • Total Rooms: 18
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Roof Cover Type: Concrete
  • Attic: true

Measurements

  • Total: 13,843/SqFt
  • Lot: 1,406,988/SqFt
  • Attic: 1,226/SqFt
  • Gross: 13,843/SqFt
  • Garage: 2,274/SqFt
  • Living: 13,521/SqFt
  • Basement: 329/SqFt
  • Building: 13,843/SqFt
  • Ground: 5,089/SqFt
  • Attic Finished: 1,226/SqFt
  • Garage Finished: 2,274/SqFt
  • Basement Finished: 329/SqFt
  • Price Per Square Foot: $93.98

Legal Description

  • Description: ACRES 32.30
Building Insights

Land Information

  • Property Type: Farm land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.845306 / -123.0839
  • Property Class: Agricultiral
  • Zoning: SA
  • County Use Code: 551

Amenities

  • Plus Four: 9408
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 9

Ownership Info

2554 Cole Rd S has no associated ownership info
2554 Cole Rd S has no associated ownership info.

Taxes

2554 Cole Rd S has 9 associated Taxes items

2554 Cole Rd, 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 $1,658,511. The APN we've located for 2554 Cole Rd is 533221.

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Taxes
  • Assessed Value:  $1,658,511
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  533221
  • Market Land Value:  815600
  • Tax Amount:  21053.32
  • Tax Year:  2025
  • Market Value:  3536360
  • Market Year:  2025

Tax History

2554 Cole Rd S has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,658,511 Land Value Improvement Value Tax Amount $21,053.32 Change Rate +0.030154% Assessed CR Tax Rate +0.012694%
Year 2024 Assessed Value $1,610,332 Land Value Improvement Value Tax Amount $20,437.06 Change Rate +0.024533% Assessed CR Tax Rate +0.012691%
Year 2023 Assessed Value $1,563,555 Land Value Improvement Value Tax Amount $19,947.69 Change Rate +0.025087% Assessed CR Tax Rate +0.012758%
Year 2022 Assessed Value $1,518,399 Land Value Improvement Value Tax Amount $19,459.51 Change Rate +0.025853% Assessed CR Tax Rate +0.012816%
Year 2021 Assessed Value $1,475,300 Land Value Improvement Value Tax Amount $18,969.11 Change Rate +0.027636% Assessed CR Tax Rate +0.012858%
Year 2020 Assessed Value $1,432,450 Land Value Improvement Value Tax Amount $18,458.98 Change Rate +0.037845% Assessed CR Tax Rate +0.012886%
Year 2019 Assessed Value $1,390,870 Land Value Improvement Value Tax Amount $17,785.88 Change Rate -0.00679% Assessed CR Tax Rate +0.012788%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $17,907.48 Change Rate +0.529836% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $11,705.49 Change Rate +0.128297% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $10,374.48 Change Rate -0.30766% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $14,984.67 Change Rate +0.014462% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $14,771.05 Change Rate Assessed CR Tax Rate