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4850 Happy Dr; Salem, OR Property Details

4850 Happy Dr, Salem, OR is a Single Family that was built in 1993. This property is currently a cash purchase and is not for sale. Our records show that 4850 Happy Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,510 square feet. The lot size of 4850 Happy Dr is 5,227 square feet.

Off market
4850 Happy Dr NE Salem, OR 97305
$172,000 Listing Price
3 Beds
2 Baths
1,510 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1993
  • Purchase Price: $172,000
  • Est. Equity / %: $416,000 / 100%
  • Gross Yield: 7.027%
  • APN: 579057
  • Situs County: Marion
  • Length Of Ownership: 11 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1
  • Roof Type: Gable
  • Roof Cover Type: Roll Composition

Measurements

  • Total: 1,510/SqFt
  • Lot: 5,227/SqFt
  • Gross: 1,950/SqFt
  • Garage: 440/SqFt
  • Living: 1,510/SqFt
  • Building: 1,950/SqFt
  • Ground: 1,510/SqFt
  • Garage Finished: 440/SqFt
  • Price Per Square Foot: $113.91

Legal Description

  • Description: JAN REE MEADOWS LOT 186 ACRES .12
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: 44.994583 / -122.975204
  • Subdivision: Jan Ree Meadows
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 2382
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

4850 Happy Dr NE has no associated ownership info
4850 Happy Dr NE has no associated ownership info.

Taxes

4850 Happy Dr NE has 9 associated Taxes items

4850 Happy Dr, 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 $226,720. The APN we've located for 4850 Happy Dr is 579057.

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Taxes
  • Assessed Value:  $226,720
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  579057
  • Market Land Value:  137040
  • Tax Amount:  4321.91
  • Tax Year:  2024
  • Market Value:  437600
  • Market Year:  2025

Tax History

4850 Happy Dr NE has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $226,720 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $220,120 Land Value Improvement Value Tax Amount $4,321.91 Change Rate +0.030385% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $213,710 Land Value Improvement Value Tax Amount $4,194.46 Change Rate +0.02877% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $207,490 Land Value Improvement Value Tax Amount $4,077.16 Change Rate +0.029406% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $201,450 Land Value Improvement Value Tax Amount $3,960.69 Change Rate +0.030008% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $195,590 Land Value Improvement Value Tax Amount $3,845.3 Change Rate +0.03641% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $189,900 Land Value Improvement Value Tax Amount $3,710.21 Change Rate +0.013013% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $3,662.55 Change Rate +0.107993% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $3,305.57 Change Rate +0.049847% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,148.62 Change Rate -0.007465% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,172.3 Change Rate Assessed CR Tax Rate