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2860 Cherry Ave; Salem, OR Property Details

2860 Cherry Ave, Salem, OR is a Commercial Office that was built in 1965. This property is currently a cash purchase and is not for sale. Our records show that 2860 Cherry Ave has a total of 31,496 square feet. The lot size of 2860 Cherry Ave is 273,992 square feet.

Off market
2860 Cherry Ave NE Salem, OR 97301
$772,890 Estimated Value
31,496 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1965
  • Purchase Price: $5,979,999
  • APN: 526429
  • Situs County: Marion
  • Length Of Ownership: 2 years, 5 months

Structure

  • Stories: 1

Measurements

  • Total: 31,496/SqFt
  • Lot: 273,992/SqFt
  • Gross: 31,496/SqFt
  • Living: 31,496/SqFt
  • Building: 31,496/SqFt
  • Ground: 31,496/SqFt
  • Price Per Square Foot: $189.87

Legal Description

  • Description: ACRES 6.29
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.96866 / -123.018265
  • Property Class: Office
  • Zoning: IG
  • County Use Code: 201

Ownership Info

2860 Cherry Ave NE has no associated ownership info
2860 Cherry Ave NE has no associated ownership info.

Taxes

2860 Cherry Ave NE has 9 associated Taxes items

2860 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 $772,890. The APN we've located for 2860 Cherry Ave is 526429.

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Taxes
  • Assessed Value:  $772,890
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  526429
  • Market Land Value:  589120
  • Tax Amount:  14733.16
  • Tax Year:  2024
  • Market Value:  2022970
  • Market Year:  2025

Tax History

2860 Cherry Ave NE has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $772,890 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $14,733.16 Change Rate +0.029009% Assessed CR Tax Rate
Year 2023 Assessed Value $729,500 Land Value Improvement Value Tax Amount $14,317.81 Change Rate +0.028782% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $708,260 Land Value Improvement Value Tax Amount $13,917.24 Change Rate +0.02941% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $687,640 Land Value Improvement Value Tax Amount $13,519.63 Change Rate +0.030034% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $667,620 Land Value Improvement Value Tax Amount $13,125.42 Change Rate +0.036445% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $648,180 Land Value Improvement Value Tax Amount $12,663.89 Change Rate +0.013003% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $12,501.34 Change Rate +0.154534% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $10,828.04 Change Rate +0.03332% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $10,478.88 Change Rate Assessed CR Tax Rate