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480 16th St; Salem, OR Property Details

480 16th St, Salem, OR is a Single Family that was built in 1940. This property is currently Financed and is not for sale. Our records show that 480 16th St has 7 bedrooms, and 4 bathrooms, and a total of 3,548 square feet. The lot size of 480 16th St is 10,019 square feet.

Off market
460 16th St SE Salem, OR 97301
$333,580 Estimated Value
7 Beds
4 Baths
3,548 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1940
  • Open Loans / Balance: 1 / $154,000
  • Est. Equity / %: $539,000 / 77.78%
  • Gross Yield: 3.345%
  • APN: 568434
  • Situs County: Marion
  • Length Of Ownership: 19 years, 1 months

Rooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full Bathrooms: 4

Structure

  • Stories: 1
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle
  • Attic: true

Measurements

  • Total: 3,548/SqFt
  • Lot: 10,019/SqFt
  • Attic: 480/SqFt
  • Gross: 4,058/SqFt
  • Garage: 180/SqFt
  • Living: 3,548/SqFt
  • Building: 4,058/SqFt
  • Ground: 2,268/SqFt
  • Attic Finished: 480/SqFt
  • Garage Unfinished: 510/SqFt

Legal Description

  • Description: CAPITAL PARK ADDITION (AMENDED) TO SALEM BLOCK 14 ACRES .23
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: 44.93175 / -123.02262
  • Subdivision: Capital Park Addition (Amended) To Salem
  • Property Class: Residential
  • Zoning: RM2
  • County Use Code: 101

Amenities

  • Plus Four: 8861
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One Name: M&R Homes Property Management
  • H O A One Type: Home Owner Association

Ownership Info

460 16th St SE has no associated ownership info
460 16th St SE has no associated ownership info.

Taxes

460 16th St SE has 9 associated Taxes items

480 16th 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 $333,580. The APN we've located for 480 16th St is 568434.

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Taxes
  • Assessed Value:  $333,580
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  568434
  • Market Land Value:  167040
  • Tax Amount:  6358.99
  • Tax Year:  2024
  • Market Value:  585350
  • Market Year:  2025

Tax History

460 16th St SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $333,580 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $323,870 Land Value Improvement Value Tax Amount $6,358.99 Change Rate +0.03038% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $314,440 Land Value Improvement Value Tax Amount $6,171.5 Change Rate +0.028769% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $305,290 Land Value Improvement Value Tax Amount $5,998.92 Change Rate +0.029417% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $296,400 Land Value Improvement Value Tax Amount $5,827.49 Change Rate +0.030038% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $287,770 Land Value Improvement Value Tax Amount $5,657.55 Change Rate +0.036445% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $279,390 Land Value Improvement Value Tax Amount $5,458.61 Change Rate +0.012987% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $5,388.63 Change Rate +0.107987% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $4,863.44 Change Rate +0.049877% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $4,632.39 Change Rate -0.007488% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,667.34 Change Rate +0.033633% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $4,515.47 Change Rate Assessed CR Tax Rate