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490 Academy St; Salem, OR Property Details

490 Academy St, Salem, OR is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 490 Academy St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,260 square feet. The lot size of 490 Academy St is 4,792 square feet.

Off market
490 Academy St NE Salem, OR 97301
$310,000 Listing Price
3 Beds
1.5 Baths
1,260 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1950
  • Purchase Price: $310,000
  • Open Loans / Balance: 1 / $271,089
  • Est. Equity / %: $88,911 / 24.7%
  • Gross Yield: 7.427%
  • APN: 578199
  • Situs County: Marion
  • Length Of Ownership: 4 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Wood Shingle
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,260/SqFt
  • Lot: 4,792/SqFt
  • Gross: 1,548/SqFt
  • Garage: 288/SqFt
  • Living: 1,260/SqFt
  • Building: 1,548/SqFt
  • Ground: 1,260/SqFt
  • Garage Finished: 288/SqFt
  • Price Per Square Foot: $246.03

Legal Description

  • Description: IDLEWINES ANNEX TO RIVERSIDE ADD SALEM BLOCK 2 LOT 1 ACRES .11
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: 44.95836 / -123.02895
  • Subdivision: Idlewines Annex To Riverside Add Salem
  • Property Class: Residential
  • Zoning: RM2
  • County Use Code: 101

Amenities

  • Plus Four: 8302
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

490 Academy St NE has no associated ownership info
490 Academy St NE has no associated ownership info.

Taxes

490 Academy St NE has 9 associated Taxes items

490 Academy 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 $125,380. The APN we've located for 490 Academy St is 578199.

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Taxes
  • Assessed Value:  $125,380
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  578199
  • Market Land Value:  97250
  • Tax Amount:  2390.1
  • Tax Year:  2024
  • Market Value:  336800
  • Market Year:  2025

Tax History

490 Academy St NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $125,380 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,390.1 Change Rate +0.030353% Assessed CR Tax Rate
Year 2023 Assessed Value $118,190 Land Value Improvement Value Tax Amount $2,319.69 Change Rate +0.028774% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $114,750 Land Value Improvement Value Tax Amount $2,254.81 Change Rate +0.029391% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $111,410 Land Value Improvement Value Tax Amount $2,190.43 Change Rate +0.030001% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $108,170 Land Value Improvement Value Tax Amount $2,126.63 Change Rate +0.03644% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $105,020 Land Value Improvement Value Tax Amount $2,051.86 Change Rate +0.012944% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $2,025.64 Change Rate +0.107979% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $1,828.23 Change Rate +0.049838% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,741.44 Change Rate -0.007551% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,754.69 Change Rate +0.307334% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,342.19 Change Rate Assessed CR Tax Rate