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3062 Timothy Dr; Salem, OR Property Details

3062 Timothy Dr, Salem, OR is a Single Family that was built in 1978. This property is currently a cash purchase and is not for sale. Our records show that 3062 Timothy Dr has 4 bedrooms, and 3 bathrooms, and a total of 2,963 square feet. The lot size of 3062 Timothy Dr is 13,424 square feet.

Off market
3062 Timothy Dr NW Salem, OR 97304
$380,000 Listing Price
4 Beds
3 Baths
2,963 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1978
  • Purchase Price: $350,000
  • Open Loans / Balance: 1 / $79,062
  • Est. Equity / %: $539,938 / 87.23%
  • Gross Yield: 7.293%
  • APN: 238036
  • Situs County: Polk
  • Length Of Ownership: 8 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 9

Structure

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

Measurements

  • Total: 2,963/SqFt
  • Lot: 13,424/SqFt
  • Gross: 4,559/SqFt
  • Garage: 798/SqFt
  • Living: 2,963/SqFt
  • Basement: 1,902/SqFt
  • Building: 4,559/SqFt
  • Ground: 1,859/SqFt
  • Basement Finished: 1,104/SqFt
  • Basement Unfinished: 798/SqFt
  • Price Per Square Foot: $118.12

Legal Description

  • Description: MADRONA HILL LOT 4 BLOCK 3
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: 44.978123 / -123.07792
  • Subdivision: Madrona Hill
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1036
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 3

Ownership Info

3062 Timothy Dr NW has no associated ownership info
3062 Timothy Dr NW has no associated ownership info.

Taxes

3062 Timothy Dr NW has 10 associated Taxes items

3062 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 $385,950. The APN we've located for 3062 Timothy Dr is 238036.

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Taxes
  • Assessed Value:  $385,950
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  238036
  • Assessed Land Value:  106440
  • Market Land Value:  165000
  • Tax Amount:  7402.51
  • Tax Year:  2025
  • Market Value:  647670
  • Market Year:  2026

Tax History

3062 Timothy Dr NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $385,950 Land Value $106,440 Improvement Value $279,510 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $7,402.51 Change Rate +0.079738% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,855.84 Change Rate +0.02988% Assessed CR Tax Rate
Year 2023 Assessed Value $353,210 Land Value $97,410 Improvement Value $255,800 Tax Amount $6,656.93 Change Rate +0.033061% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $342,930 Land Value $94,580 Improvement Value $248,350 Tax Amount $6,443.89 Change Rate +0.029369% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $332,950 Land Value $91,820 Improvement Value $241,130 Tax Amount $6,260.04 Change Rate +0.030576% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $323,260 Land Value $89,140 Improvement Value $234,120 Tax Amount $6,074.31 Change Rate +0.036181% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $313,850 Land Value $86,540 Improvement Value $227,310 Tax Amount $5,862.21 Change Rate +0.016883% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $304,710 Land Value $84,020 Improvement Value $220,690 Tax Amount $5,764.88 Change Rate +0.109612% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $295,840 Land Value $81,570 Improvement Value $214,270 Tax Amount $5,195.4 Change Rate +0.024417% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $287,230 Land Value $79,190 Improvement Value $208,040 Tax Amount $5,071.57 Change Rate -0.008423% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $278,450 Land Value $74,500 Improvement Value $203,950 Tax Amount $5,114.65 Change Rate +0.049708% Assessed CR Tax Rate +0.018368%
Year 2014 Assessed Value $270,750 Land Value $74,650 Improvement Value $196,100 Tax Amount $4,872.45 Change Rate Assessed CR Tax Rate +0.017996%