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3040 Timothy Dr; Salem, OR Property Details

3040 Timothy Dr, Salem, OR is a Single Family that was built in 1963. This property is not for sale. Our records show that 3040 Timothy Dr has 3 bedrooms, and 2 bathrooms, and a total of 2,517 square feet. The lot size of 3040 Timothy Dr is 14,688 square feet.

Off market
3040 Timothy Dr NW Salem, OR 97304
$311,670 Estimated Value
3 Beds
2 Baths
2,517 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1963
  • Open Loans / Balance: 1 / $76,817
  • Est. Equity / %: $504,183 / 86.78%
  • Gross Yield: 6.556%
  • APN: 238023
  • Situs County: Polk

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 2,517/SqFt
  • Lot: 14,688/SqFt
  • Gross: 3,788/SqFt
  • Garage: 558/SqFt
  • Living: 2,517/SqFt
  • Basement: 1,615/SqFt
  • Building: 3,788/SqFt
  • Ground: 1,615/SqFt
  • Basement Finished: 902/SqFt
  • Basement Unfinished: 713/SqFt

Legal Description

  • Description: MADRONA HILL LOT 5 BLOCK 3
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: 44.977867 / -123.07803
  • Subdivision: Madrona Hill
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1036
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

3040 Timothy Dr NW has no associated ownership info
3040 Timothy Dr NW has no associated ownership info.

Taxes

3040 Timothy Dr NW has 10 associated Taxes items

3040 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 $311,670. The APN we've located for 3040 Timothy Dr is 238023.

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Taxes
  • Assessed Value:  $311,670
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  238023
  • Assessed Land Value:  83160
  • Market Land Value:  160000
  • Tax Amount:  5977.96
  • Tax Year:  2025
  • Market Value:  596400
  • Market Year:  2026

Tax History

3040 Timothy Dr NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $311,670 Land Value $83,160 Improvement Value $228,510 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,977.96 Change Rate +0.079734% Assessed CR Tax Rate
Year 2024 Assessed Value $293,790 Land Value $78,390 Improvement Value $215,400 Tax Amount $5,536.51 Change Rate +0.029878% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $285,240 Land Value $76,110 Improvement Value $209,130 Tax Amount $5,375.89 Change Rate +0.03305% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $276,940 Land Value $73,900 Improvement Value $203,040 Tax Amount $5,203.9 Change Rate +0.029375% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $268,880 Land Value $71,740 Improvement Value $197,140 Tax Amount $5,055.4 Change Rate +0.030587% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $261,050 Land Value $69,650 Improvement Value $191,400 Tax Amount $4,905.36 Change Rate +0.036189% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $253,450 Land Value $67,620 Improvement Value $185,830 Tax Amount $4,734.04 Change Rate +0.016877% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $246,070 Land Value $65,650 Improvement Value $180,420 Tax Amount $4,655.47 Change Rate +0.1096% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $238,910 Land Value $63,740 Improvement Value $175,170 Tax Amount $4,195.63 Change Rate +0.024409% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $231,960 Land Value $61,880 Improvement Value $170,080 Tax Amount $4,095.66 Change Rate -0.008432% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $215,010 Land Value $62,000 Improvement Value $153,010 Tax Amount $4,130.49 Change Rate +0.102152% Assessed CR Tax Rate +0.019211%
Year 2014 Assessed Value $209,640 Land Value $62,550 Improvement Value $147,090 Tax Amount $3,747.66 Change Rate Assessed CR Tax Rate +0.017877%