Taxes
- Assessed Value: $170,940
- Assessed Year: 2025
- Assessed County: Marion
- APN: 545306
- Market Land Value: 137040
- Tax Amount: 2752.49
- Tax Year: 2024
- Market Value: 363100
- Market Year: 2025
397 40th Pl; Salem, OR Property Details
Off market
397 40th Pl SE Salem, OR 97317
$170,940 Estimated Value
3 Beds
2 Baths
1,550 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1963
- Purchase Price: $103,000
- Open Loans / Balance: 1 / $425,961
- Est. Equity / %: $-44,961 / -11.8%
- Gross Yield: 6.29%
- APN: 545306
- Situs County: Marion
- Length Of Ownership: 15 years, 6 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
Structure
- Stories: 1
- Roof Type: Gable
- Pool Type: Yes
- Roof Cover Type: Composition Shingle
Measurements
- Total: 1,550/SqFt
- Lot: 8,276/SqFt
- Gross: 1,550/SqFt
- Living: 1,550/SqFt
- Building: 1,550/SqFt
- Ground: 1,550/SqFt
- Price Per Square Foot: $66.45
Legal Description
- Description: LEO N CHILDS SUBDIVISION BLOCK 2 LOT FR 5 ACRES .19
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: 44.924496 / -122.98186
- Subdivision: Leo N Childs Subdivision
- Property Class: Residential
- Zoning: RS
- County Use Code: 101
Amenities
- Pool: true
- Plus Four: 5402
- Fireplaces: 1
- Heating: Heat Pump
Ownership Info
397 40th Pl SE has no associated ownership info
397 40th Pl SE has no associated ownership info.
Taxes
397 40th Pl SE has 9 associated Taxes items
397 40th Pl, 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 $170,940. The APN we've located for 397 40th Pl is 545306.
Unlock the full reportTax History
397 40th Pl SE has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $170,940 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $165,970 | Land Value | Improvement Value | Tax Amount $2,752.49 | Change Rate +0.05417% | Assessed CR | Tax Rate +0.016584% |
| Year 2023 | Assessed Value $161,140 | Land Value | Improvement Value | Tax Amount $2,611.05 | Change Rate +0.028584% | Assessed CR | Tax Rate +0.016204% |
| Year 2022 | Assessed Value $156,450 | Land Value | Improvement Value | Tax Amount $2,538.49 | Change Rate +0.009577% | Assessed CR | Tax Rate +0.016226% |
| Year 2021 | Assessed Value $151,900 | Land Value | Improvement Value | Tax Amount $2,514.41 | Change Rate +0.065916% | Assessed CR | Tax Rate +0.016553% |
| Year 2020 | Assessed Value $147,480 | Land Value | Improvement Value | Tax Amount $2,358.92 | Change Rate -0.067469% | Assessed CR | Tax Rate +0.015995% |
| Year 2019 | Assessed Value $143,190 | Land Value | Improvement Value | Tax Amount $2,529.59 | Change Rate +0.085526% | Assessed CR | Tax Rate +0.017666% |
| Year 2018 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,330.29 | Change Rate +0.178754% | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,976.91 | Change Rate +0.040682% | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,899.63 | Change Rate +0.019131% | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,863.97 | Change Rate +0.075587% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,732.98 | Change Rate | Assessed CR | Tax Rate |