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4425 Michelle Way; Salem, OR Property Details

4425 Michelle Way, Salem, OR is a Single Family that was built in 1975. This property is currently Financed and is not for sale. Our records show that 4425 Michelle Way has 3 bedrooms, and 3 bathrooms, and a total of 5,358 square feet. The lot size of 4425 Michelle Way is 74,488 square feet.

Off market
4425 Michelle Way SE Salem, OR 97317
$406,370 Estimated Value
3 Beds
3 Baths
5,358 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1975
  • Purchase Price: $740,000
  • Open Loans / Balance: 1 / $385,510
  • Est. Equity / %: $460,490 / 54.43%
  • Gross Yield: 5.948%
  • APN: 553051
  • Situs County: Marion
  • Length Of Ownership: 1 year, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Floor Cover Type: Concrete
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 5,358/SqFt
  • Lot: 74,488/SqFt
  • Gross: 5,886/SqFt
  • Garage: 528/SqFt
  • Living: 5,358/SqFt
  • Building: 5,886/SqFt
  • Ground: 1,974/SqFt
  • Garage Finished: 528/SqFt
  • Price Per Square Foot: $138.11

Legal Description

  • Description: LARKIN COUNTRY ESTATES LOT 2 ACRES 1.71
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: 44.88884 / -122.908966
  • Subdivision: Larkin Country Estates
  • Property Class: Residential
  • Zoning: AR
  • County Use Code: 401

Amenities

  • Plus Four: 2358
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

4425 Michelle Way SE has no associated ownership info
4425 Michelle Way SE has no associated ownership info.

Taxes

4425 Michelle Way SE has 9 associated Taxes items

4425 Michelle Way, 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 $406,370. The APN we've located for 4425 Michelle Way is 553051.

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Taxes
  • Assessed Value:  $406,370
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  553051
  • Market Land Value:  288800
  • Tax Amount:  5290.95
  • Tax Year:  2025
  • Market Value:  673380
  • Market Year:  2025

Tax History

4425 Michelle Way SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $406,370 Land Value Improvement Value Tax Amount $5,290.95 Change Rate +0.031091% Assessed CR Tax Rate +0.01302%
Year 2024 Assessed Value $394,540 Land Value Improvement Value Tax Amount $5,131.41 Change Rate +0.059878% Assessed CR Tax Rate +0.013006%
Year 2023 Assessed Value $383,050 Land Value Improvement Value Tax Amount $4,841.51 Change Rate +0.025946% Assessed CR Tax Rate +0.012639%
Year 2022 Assessed Value $371,900 Land Value Improvement Value Tax Amount $4,719.07 Change Rate Assessed CR Tax Rate +0.012689%
Year 2021 Assessed Value $361,070 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $350,560 Land Value Improvement Value Tax Amount $4,363.91 Change Rate -0.030768% Assessed CR Tax Rate +0.012448%
Year 2019 Assessed Value $340,350 Land Value Improvement Value Tax Amount $4,502.44 Change Rate +0.023656% Assessed CR Tax Rate +0.013229%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $4,398.39 Change Rate +0.029362% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $4,272.93 Change Rate +0.028462% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $4,154.68 Change Rate +0.070683% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,880.4 Change Rate +0.024866% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,786.25 Change Rate Assessed CR Tax Rate