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490 Elma Ave; Salem, OR Property Details

490 Elma Ave, Salem, OR is a Single Family that was built in 1925. This property is currently Financed and is not for sale. Our records show that 490 Elma Ave has 2 bedrooms, and 1 bathroom, and a total of 1,142 square feet. The lot size of 490 Elma Ave is 15,246 square feet.

Off market
490 Elma Ave SE Salem, OR 97317
$149,900 Listing Price
2 Beds
1 Baths
1,142 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1925
  • Purchase Price: $151,900
  • Open Loans / Balance: 1 / $115,083
  • Est. Equity / %: $220,917 / 65.75%
  • Gross Yield: 6.696%
  • APN: 524256
  • Situs County: Marion
  • Length Of Ownership: 11 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 1,142/SqFt
  • Lot: 15,246/SqFt
  • Gross: 1,392/SqFt
  • Garage: 250/SqFt
  • Living: 1,142/SqFt
  • Building: 1,392/SqFt
  • Ground: 1,142/SqFt
  • Garage Finished: 250/SqFt
  • Price Per Square Foot: $133.01

Legal Description

  • Description: PP 1992-106 LOT 1 ACRES .35
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: 44.923283 / -122.97765
  • Subdivision: Pp 1992-106
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 5468
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

490 Elma Ave SE has no associated ownership info
490 Elma Ave SE has no associated ownership info.

Taxes

490 Elma Ave SE has 9 associated Taxes items

490 Elma Ave, 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 $142,430. The APN we've located for 490 Elma Ave is 524256.

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Taxes
  • Assessed Value:  $142,430
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  524256
  • Market Land Value:  156020
  • Tax Amount:  2330.32
  • Tax Year:  2024
  • Market Value:  300060
  • Market Year:  2025

Tax History

490 Elma Ave SE has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $142,430 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $138,290 Land Value Improvement Value Tax Amount $2,330.32 Change Rate +0.054348% Assessed CR Tax Rate +0.016851%
Year 2023 Assessed Value $134,270 Land Value Improvement Value Tax Amount $2,210.2 Change Rate +0.028316% Assessed CR Tax Rate +0.016461%
Year 2022 Assessed Value $130,360 Land Value Improvement Value Tax Amount $2,149.34 Change Rate +0.009445% Assessed CR Tax Rate +0.016488%
Year 2021 Assessed Value $126,570 Land Value Improvement Value Tax Amount $2,129.23 Change Rate +0.06495% Assessed CR Tax Rate +0.016823%
Year 2020 Assessed Value $122,890 Land Value Improvement Value Tax Amount $1,999.37 Change Rate -0.007535% Assessed CR Tax Rate +0.01627%
Year 2019 Assessed Value $119,320 Land Value Improvement Value Tax Amount $2,014.55 Change Rate +0.026862% Assessed CR Tax Rate +0.016884%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,961.85 Change Rate +0.190898% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $1,647.37 Change Rate +0.042897% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,579.61 Change Rate +0.011054% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,562.34 Change Rate Assessed CR Tax Rate