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3426 Covington St; Salem, OR Property Details

3426 Covington St, Salem, OR is a Condominium that was built in 1980. This property is currently Financed and is not for sale. Our records show that 3426 Covington St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,320 square feet. The lot size of 3426 Covington St is 812 square feet.

Off market
3426 Covington St NE Salem, OR 97305
$225,000 Listing Price
3 Beds
1.5 Baths
1,320 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1980
  • Purchase Price: $225,000
  • Open Loans / Balance: 2 / $1,943,582
  • Est. Equity / %: $-1,656,582 / -577.21%
  • Gross Yield: 8.254%
  • APN: 547572
  • Situs County: Marion
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 1
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Patio Type: Patio

Measurements

  • Total: 1,320/SqFt
  • Lot: 812/SqFt
  • Gross: 1,596/SqFt
  • Garage: 276/SqFt
  • Living: 1,320/SqFt
  • Building: 1,596/SqFt
  • Ground: 552/SqFt
  • Garage Finished: 276/SqFt
  • Price Per Square Foot: $170.45

Legal Description

  • Description: FAIRMONT VILLAGE CONDO PHASE 1 (RE-PLAT) BLOCK BLDG F1 LOT UNIT F1-30
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.98138 / -122.989876
  • Subdivision: Fairmont Village Condo Phase 1 (Re-Plat)
  • Property Class: Residential
  • Zoning: RM
  • County Use Code: 102

Amenities

  • Plus Four: 1507
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One: $294
  • H O A Amount: $294
  • H O A One Frequency: Monthly
  • H O A One Name: Fairmont Village Condo Phase 1 (Re-Plat)
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Fairmont Village Condominium Association
  • H O A Two Type: Condo Owner Association

Ownership Info

3426 Covington St NE has no associated ownership info
3426 Covington St NE has no associated ownership info.

Taxes

3426 Covington St NE has 8 associated Taxes items

3426 Covington St, 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 $152,940. The APN we've located for 3426 Covington St is 547572.

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Taxes
  • Assessed Value:  $152,940
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  547572
  • Tax Amount:  2485.9
  • Tax Year:  2024
  • Market Value:  269010
  • Market Year:  2025

Tax History

3426 Covington St NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $152,940 Land Value Improvement Value $152,940 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,485.9 Change Rate +0.054286% Assessed CR Tax Rate
Year 2023 Assessed Value $144,170 Land Value Improvement Value $144,170 Tax Amount $2,357.9 Change Rate +0.02838% Assessed CR Tax Rate +0.016355%
Year 2022 Assessed Value $139,980 Land Value Improvement Value Tax Amount $2,292.83 Change Rate +0.009492% Assessed CR Tax Rate +0.01638%
Year 2021 Assessed Value $135,910 Land Value Improvement Value Tax Amount $2,271.27 Change Rate +0.065329% Assessed CR Tax Rate +0.016712%
Year 2020 Assessed Value $131,960 Land Value Improvement Value Tax Amount $2,131.99 Change Rate -0.00762% Assessed CR Tax Rate +0.016156%
Year 2019 Assessed Value $128,120 Land Value Improvement Value Tax Amount $2,148.36 Change Rate +0.026146% Assessed CR Tax Rate +0.016768%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $2,093.62 Change Rate +0.186342% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $1,764.77 Change Rate +0.059756% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,665.26 Change Rate +0.023642% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,626.8 Change Rate +0.311682% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,240.24 Change Rate Assessed CR Tax Rate