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503 Tierra Dr; Salem, OR Property Details

503 Tierra Dr, Salem, OR is a Single Family that was built in 1974. This property is currently Financed and is not for sale. Our records show that 503 Tierra Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,637 square feet. The lot size of 503 Tierra Dr is 10,019 square feet.

Off market
503 Tierra Dr NE Salem, OR 97301
$455,000 Listing Price
3 Beds
1.5 Baths
1,637 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1974
  • Purchase Price: $455,000
  • Open Loans / Balance: 1 / $437,530
  • Est. Equity / %: $18,470 / 4.05%
  • Gross Yield: 6.942%
  • APN: 545718
  • Situs County: Marion
  • Length Of Ownership: 6 months

Rooms

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

Structure

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

Measurements

  • Total: 1,637/SqFt
  • Lot: 10,019/SqFt
  • Gross: 2,339/SqFt
  • Garage: 702/SqFt
  • Living: 1,637/SqFt
  • Building: 2,339/SqFt
  • Ground: 1,637/SqFt
  • Garage Finished: 702/SqFt
  • Price Per Square Foot: $277.95

Legal Description

  • Description: CLARMAR ADDITION #2 BLOCK 9 LOT 14 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: 44.93676 / -122.97828
  • Subdivision: Clarmar Addition #2
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 4861
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

503 Tierra Dr NE has no associated ownership info
503 Tierra Dr NE has no associated ownership info.

Taxes

503 Tierra Dr NE has 9 associated Taxes items

503 Tierra 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 $227,350. The APN we've located for 503 Tierra Dr is 545718.

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Taxes
  • Assessed Value:  $227,350
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  545718
  • Market Land Value:  137040
  • Tax Amount:  3702.8
  • Tax Year:  2025
  • Market Value:  475180
  • Market Year:  2025

Tax History

503 Tierra Dr NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $227,350 Land Value Improvement Value Tax Amount $3,702.8 Change Rate +0.032105% Assessed CR Tax Rate +0.016287%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,587.62 Change Rate +0.053874% Assessed CR Tax Rate
Year 2023 Assessed Value $214,310 Land Value Improvement Value Tax Amount $3,404.22 Change Rate +0.028953% Assessed CR Tax Rate +0.015885%
Year 2022 Assessed Value $208,070 Land Value Improvement Value Tax Amount $3,308.43 Change Rate +0.009773% Assessed CR Tax Rate +0.015901%
Year 2021 Assessed Value $202,010 Land Value Improvement Value Tax Amount $3,276.41 Change Rate +0.067137% Assessed CR Tax Rate +0.016219%
Year 2020 Assessed Value $196,130 Land Value Improvement Value Tax Amount $3,070.28 Change Rate -0.008195% Assessed CR Tax Rate +0.015654%
Year 2019 Assessed Value $190,420 Land Value Improvement Value Tax Amount $3,095.65 Change Rate +0.008083% Assessed CR Tax Rate +0.016257%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $3,070.83 Change Rate +0.163008% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $2,640.42 Change Rate +0.038983% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $2,541.35 Change Rate +0.010947% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,513.83 Change Rate +0.087546% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,311.47 Change Rate Assessed CR Tax Rate