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517 Richmond Ave; Salem, OR Property Details

517 Richmond Ave, Salem, OR is a Single Family that was built in 1910. This property is currently Financed and is not for sale. Our records show that 517 Richmond Ave has 2 bedrooms, and 1 bathroom, and a total of 1,027 square feet. The lot size of 517 Richmond Ave is 4,792 square feet.

Off market
517 Richmond Ave SE Salem, OR 97301
$321,000 Listing Price
2 Beds
1 Baths
1,027 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1910
  • Purchase Price: $321,000
  • Open Loans / Balance: 1 / $199,937
  • Est. Equity / %: $158,063 / 44.15%
  • Gross Yield: 6.111%
  • APN: 587347
  • Situs County: Marion
  • Length Of Ownership: 4 years, 9 months

Rooms

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

Structure

  • Stories: 1
  • Exterior Wall Type: Shingle (Not Wood)
  • Roof Type: Gable
  • Roof Cover Type: Roll Composition

Measurements

  • Total: 1,027/SqFt
  • Lot: 4,792/SqFt
  • Gross: 2,054/SqFt
  • Garage: 240/SqFt
  • Living: 1,027/SqFt
  • Basement: 1,027/SqFt
  • Building: 2,054/SqFt
  • Ground: 1,027/SqFt
  • Garage Unfinished: 240/SqFt
  • Price Per Square Foot: $312.56

Legal Description

  • Description: RICHMOND ADDITION BLOCK 10 LOT 7 ACRES .11
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: 44.929516 / -123.01371
  • Subdivision: Richmond Addition
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 1190
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

517 Richmond Ave SE has no associated ownership info
517 Richmond Ave SE has no associated ownership info.

Taxes

517 Richmond Ave SE has 9 associated Taxes items

517 Richmond 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 $118,630. The APN we've located for 517 Richmond Ave is 587347.

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Taxes
  • Assessed Value:  $118,630
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  587347
  • Market Land Value:  134540
  • Tax Amount:  2261.46
  • Tax Year:  2024
  • Market Value:  317500
  • Market Year:  2025

Tax History

517 Richmond Ave SE has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $118,630 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $115,180 Land Value Improvement Value Tax Amount $2,261.46 Change Rate +0.030334% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $111,830 Land Value Improvement Value Tax Amount $2,194.88 Change Rate +0.028721% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $108,580 Land Value Improvement Value Tax Amount $2,133.6 Change Rate +0.029412% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $105,420 Land Value Improvement Value Tax Amount $2,072.64 Change Rate +0.030047% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $102,350 Land Value Improvement Value Tax Amount $2,012.18 Change Rate +0.036426% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $99,370 Land Value Improvement Value Tax Amount $1,941.46 Change Rate +0.012992% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,916.56 Change Rate +0.10796% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $1,729.81 Change Rate +0.049808% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,647.74 Change Rate -0.007565% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,660.3 Change Rate Assessed CR Tax Rate