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497 Welcome Ct; Salem, OR Property Details

497 Welcome Ct, Salem, OR is a Single Family that was built in 1961. This property is currently Financed and is not for sale. Our records show that 497 Welcome Ct has 3 bedrooms, and 2 bathrooms, and a total of 1,997 square feet. The lot size of 497 Welcome Ct is 10,019 square feet.

Off market
497 Welcome Ct SE Salem, OR 97302
$276,220 Estimated Value
3 Beds
2 Baths
1,997 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1961
  • Purchase Price: $342,000
  • Open Loans / Balance: 2 / $348,338
  • Est. Equity / %: $186,662 / 34.89%
  • Gross Yield: 6.04%
  • APN: 565226
  • Situs County: Marion
  • Length Of Ownership: 6 years

Rooms

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

Structure

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

Measurements

  • Total: 1,997/SqFt
  • Lot: 10,019/SqFt
  • Gross: 2,536/SqFt
  • Garage: 539/SqFt
  • Living: 1,997/SqFt
  • Building: 2,536/SqFt
  • Ground: 1,997/SqFt
  • Garage Finished: 539/SqFt
  • Price Per Square Foot: $171.26

Legal Description

  • Description: ALDER BROOK MANOR IN SALEM BLOCK 2 LOT 8 ACRES .23
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: 44.894608 / -123.04422
  • Subdivision: Alder Brook Manor In Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 3930
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

497 Welcome Ct SE has no associated ownership info
497 Welcome Ct SE has no associated ownership info.

Taxes

497 Welcome Ct SE has 9 associated Taxes items

497 Welcome Ct, 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 $276,220. The APN we've located for 497 Welcome Ct is 565226.

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Taxes
  • Assessed Value:  $276,220
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  565226
  • Market Land Value:  165000
  • Tax Amount:  5265.53
  • Tax Year:  2024
  • Market Value:  474380
  • Market Year:  2025

Tax History

497 Welcome Ct SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $276,220 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $268,180 Land Value Improvement Value Tax Amount $5,265.53 Change Rate +0.030384% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $260,370 Land Value Improvement Value Tax Amount $5,110.26 Change Rate +0.02878% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $252,790 Land Value Improvement Value Tax Amount $4,967.3 Change Rate +0.029411% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $245,430 Land Value Improvement Value Tax Amount $4,825.38 Change Rate +0.030012% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $238,290 Land Value Improvement Value Tax Amount $4,684.78 Change Rate +0.036451% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $231,350 Land Value Improvement Value Tax Amount $4,520.02 Change Rate +0.01298% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $4,462.1 Change Rate +0.107974% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $4,027.26 Change Rate +0.049873% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,835.95 Change Rate -0.00749% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,864.9 Change Rate +0.033291% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,740.38 Change Rate Assessed CR Tax Rate