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480 College Dr; Salem, OR Property Details

480 College Dr, Salem, OR is a Single Family that was built in 1978. This property is currently Financed and is not for sale. Our records show that 480 College Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,547 square feet. The lot size of 480 College Dr is 8,610 square feet.

Off market
480 College Dr NW Salem, OR 97304
$265,000 Listing Price
3 Beds
2 Baths
1,547 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1978
  • Purchase Price: $265,000
  • Open Loans / Balance: 1 / $176,265
  • Est. Equity / %: $259,735 / 59.57%
  • Gross Yield: 6.38%
  • APN: 264231
  • Situs County: Polk
  • Length Of Ownership: 9 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Roof Type: Shed
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 1,547/SqFt
  • Lot: 8,610/SqFt
  • Gross: 2,075/SqFt
  • Garage: 528/SqFt
  • Living: 1,547/SqFt
  • Building: 2,075/SqFt
  • Ground: 1,092/SqFt
  • Price Per Square Foot: $171.30

Legal Description

  • Description: TWO STORY
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AREA NOT INCLUDED / No Flood Zone
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.93597 / -123.08057
  • Subdivision: College Subdivision #2
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4529
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

480 College Dr NW has no associated ownership info
480 College Dr NW has no associated ownership info.

Taxes

480 College Dr NW has 10 associated Taxes items

480 College 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 $227,370. The APN we've located for 480 College Dr is 264231.

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Taxes
  • Assessed Value:  $227,370
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  264231
  • Assessed Land Value:  59530
  • Market Land Value:  137000
  • Tax Amount:  4360.99
  • Tax Year:  2025
  • Market Value:  443310
  • Market Year:  2026

Tax History

480 College Dr NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $227,370 Land Value $59,530 Improvement Value $167,840 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,360.99 Change Rate +0.079702% Assessed CR Tax Rate
Year 2024 Assessed Value $214,330 Land Value $56,110 Improvement Value $158,220 Tax Amount $4,039.07 Change Rate +0.029886% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $208,090 Land Value $54,480 Improvement Value $153,610 Tax Amount $3,921.86 Change Rate +0.033077% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $202,030 Land Value $52,890 Improvement Value $149,140 Tax Amount $3,796.29 Change Rate +0.029371% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $196,150 Land Value $51,350 Improvement Value $144,800 Tax Amount $3,687.97 Change Rate +0.030582% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $190,440 Land Value $49,850 Improvement Value $140,590 Tax Amount $3,578.53 Change Rate +0.036165% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $184,900 Land Value $48,400 Improvement Value $136,500 Tax Amount $3,453.63 Change Rate +0.016856% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $179,520 Land Value $46,990 Improvement Value $132,530 Tax Amount $3,396.38 Change Rate +0.109584% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $174,300 Land Value $45,620 Improvement Value $128,680 Tax Amount $3,060.95 Change Rate +0.024397% Assessed CR Tax Rate +0.017561%
Year 2016 Assessed Value $169,230 Land Value $44,290 Improvement Value $124,940 Tax Amount $2,988.05 Change Rate -0.008462% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $164,310 Land Value $43,000 Improvement Value $121,310 Tax Amount $3,013.55 Change Rate +0.047856% Assessed CR Tax Rate +0.018341%
Year 2014 Assessed Value $159,530 Land Value $41,750 Improvement Value $117,780 Tax Amount $2,875.92 Change Rate Assessed CR Tax Rate +0.018027%