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2555 Cherry Ave; Salem, OR Property Details

2555 Cherry Ave, Salem, OR is a Single Family that was built in 1941. This property is currently Financed and is not for sale. Our records show that 2555 Cherry Ave has 2 bedrooms, and 1 bathroom, and a total of 1,084 square feet. The lot size of 2555 Cherry Ave is 5,663 square feet.

Off market
2555 Cherry Ave NE Salem, OR 97301
$205,000 Listing Price
2 Beds
1 Baths
1,084 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1941
  • Purchase Price: $205,000
  • Open Loans / Balance: 1 / $141,431
  • Est. Equity / %: $176,569 / 55.52%
  • Gross Yield: 6.974%
  • APN: 577295
  • Situs County: Marion
  • Length Of Ownership: 6 years, 9 months

Rooms

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

Structure

  • Stories: 1
  • Exterior Wall Type: Wood Shingle
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,084/SqFt
  • Lot: 5,663/SqFt
  • Gross: 1,084/SqFt
  • Living: 1,084/SqFt
  • Building: 1,084/SqFt
  • Ground: 1,084/SqFt
  • Price Per Square Foot: $189.11

Legal Description

  • Description: HIGHLAND AVENUE ADDITION TO SALEM BLOCK 28 LOT 4 ACRES .13
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: 44.96269 / -123.01966
  • Subdivision: Highland Avenue Addition To Salem
  • Property Class: Residential
  • Zoning: RM2
  • County Use Code: 101

Amenities

  • Plus Four: 7233
  • Fireplaces: 1
  • Heating: Heat Pump

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2555 Cherry Ave NE has no associated ownership info
2555 Cherry Ave NE has no associated ownership info.

Taxes

2555 Cherry Ave NE has 9 associated Taxes items

2555 Cherry 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 $107,350. The APN we've located for 2555 Cherry Ave is 577295.

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Taxes
  • Assessed Value:  $107,350
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  577295
  • Market Land Value:  99750
  • Tax Amount:  2046.47
  • Tax Year:  2024
  • Market Value:  261040
  • Market Year:  2025

Tax History

2555 Cherry Ave NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $107,350 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $104,230 Land Value Improvement Value Tax Amount $2,046.47 Change Rate +0.030324% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $101,200 Land Value Improvement Value Tax Amount $1,986.24 Change Rate +0.028692% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $98,260 Land Value Improvement Value Tax Amount $1,930.84 Change Rate +0.029419% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $95,400 Land Value Improvement Value Tax Amount $1,875.66 Change Rate +0.02996% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $92,630 Land Value Improvement Value Tax Amount $1,821.1 Change Rate +0.036347% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $89,940 Land Value Improvement Value Tax Amount $1,757.23 Change Rate +0.012912% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,734.83 Change Rate +0.107937% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $1,565.82 Change Rate +0.049773% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,491.58 Change Rate -0.007552% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,502.93 Change Rate +0.035675% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,451.16 Change Rate Assessed CR Tax Rate