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515 12th St; Salem, OR Property Details

515 12th St, Salem, OR is a Commercial Office that was built in 1990. This property is currently a cash purchase and is not for sale. Our records show that 515 12th St has a total of 10,924 square feet. The lot size of 515 12th St is 45,738 square feet.

Off market
515 12th St SE Salem, OR 97301
$2,463,160 Estimated Value
10,924 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1990
  • Purchase Price: $1,339,000
  • APN: 595052
  • Situs County: Marion
  • Length Of Ownership: 8 months

Structure

  • Stories: 2

Measurements

  • Total: 10,924/SqFt
  • Lot: 45,738/SqFt
  • Gross: 10,924/SqFt
  • Living: 10,924/SqFt
  • Building: 10,924/SqFt
  • Ground: 10,924/SqFt
  • Price Per Square Foot: $122.57

Legal Description

  • Description: UNIVERSITY ADDITION TO SALEM BLOCK 2 LOT 1-4 ACRES 1.05
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.93291 / -123.02988
  • Subdivision: University Addition To Salem
  • Property Class: Office
  • Zoning: CR
  • County Use Code: 201

Amenities

  • Plus Four: 4034

Ownership Info

515 12th St SE has no associated ownership info
515 12th St SE has no associated ownership info.

Taxes

515 12th St SE has 10 associated Taxes items

515 12th 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 $2,463,160. The APN we've located for 515 12th St is 595052.

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Taxes
  • Assessed Value:  $2,463,160
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  595052
  • Assessed Land Value:  678990
  • Market Land Value:  678990
  • Tax Amount:  46983.54
  • Tax Year:  2025
  • Market Value:  2463160
  • Market Year:  2025

Tax History

515 12th St SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,463,160 Land Value $678,990 Improvement Value $1,784,170 Tax Amount $46,983.54 Change Rate -0.003173% Assessed CR Tax Rate +0.019074%
Year 2024 Assessed Value $2,463,160 Land Value $678,990 Improvement Value $1,784,170 Tax Amount $47,133.07 Change Rate -0.000965% Assessed CR Tax Rate +0.019135%
Year 2023 Assessed Value $2,463,160 Land Value $678,990 Improvement Value $1,784,170 Tax Amount $47,178.62 Change Rate +0.005448% Assessed CR Tax Rate +0.019154%
Year 2022 Assessed Value $2,409,880 Land Value Improvement Value Tax Amount $46,922.99 Change Rate +0.020056% Assessed CR Tax Rate +0.019471%
Year 2021 Assessed Value $2,339,690 Land Value Improvement Value Tax Amount $46,000.42 Change Rate +0.030045% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $2,271,550 Land Value Improvement Value Tax Amount $44,658.67 Change Rate +0.036452% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $2,205,390 Land Value Improvement Value Tax Amount $43,088.04 Change Rate +0.013013% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $42,534.54 Change Rate +0.107989% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $38,388.97 Change Rate +0.049876% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $36,565.24 Change Rate -0.007464% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $36,840.2 Change Rate +0.03333% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $35,651.91 Change Rate Assessed CR Tax Rate