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495 Luther St; Salem, OR Property Details

495 Luther St, Salem, OR is a Single Family that was built in 2014. This property is currently Financed and is not for sale. Our records show that 495 Luther St has 2 bedrooms, and 1.5 bathrooms, and a total of 2,953 square feet. The lot size of 495 Luther St is 5,663 square feet.

Off market
495 Luther St S Salem, OR 97302
$219,000 Listing Price
2 Beds
1.5 Baths
2,953 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2014
  • Purchase Price: $219,000
  • Open Loans / Balance: 1 / $98,706
  • Est. Equity / %: $502,294 / 83.58%
  • Gross Yield: 8.578%
  • APN: 573401
  • Situs County: Marion
  • Length Of Ownership: 14 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 3
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Shingle (Not Wood)
  • Roof Type: Hip
  • Roof Cover Type: Metal

Measurements

  • Total: 2,953/SqFt
  • Lot: 5,663/SqFt
  • Gross: 2,953/SqFt
  • Garage: 308/SqFt
  • Living: 2,953/SqFt
  • Basement: 728/SqFt
  • Building: 2,953/SqFt
  • Ground: 2,953/SqFt
  • Garage Finished: 308/SqFt
  • Basement Finished: 728/SqFt
  • Price Per Square Foot: $74.16

Legal Description

  • Description: FAIR MOUNT PARK ADDITION TO SALEM BLOCK 18 LOT 7 ACRES .13
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: 44.922565 / -123.05015
  • Subdivision: Fair Mount Park Addition To Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 5220
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Heat Pump
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

495 Luther St S has no associated ownership info
495 Luther St S has no associated ownership info.

Taxes

495 Luther St S has 9 associated Taxes items

495 Luther 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 $437,960. The APN we've located for 495 Luther St is 573401.

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Taxes
  • Assessed Value:  $437,960
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  573401
  • Market Land Value:  120000
  • Tax Amount:  8348.69
  • Tax Year:  2024
  • Market Value:  702720
  • Market Year:  2025

Tax History

495 Luther St S has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $437,960 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $425,210 Land Value Improvement Value Tax Amount $8,348.69 Change Rate +0.030374% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $412,830 Land Value Improvement Value Tax Amount $8,102.58 Change Rate +0.028783% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $400,810 Land Value Improvement Value Tax Amount $7,875.89 Change Rate +0.029416% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $389,140 Land Value Improvement Value Tax Amount $7,650.83 Change Rate +0.030035% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $377,810 Land Value Improvement Value Tax Amount $7,427.74 Change Rate +0.03644% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $366,810 Land Value Improvement Value Tax Amount $7,166.59 Change Rate +0.013006% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $7,074.58 Change Rate +0.107983% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $6,385.1 Change Rate +0.085779% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $5,880.66 Change Rate -0.007473% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $5,924.94 Change Rate +0.904109% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,111.66 Change Rate Assessed CR Tax Rate