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518 Red Cedar Ln; Salem, OR Property Details

518 Red Cedar Ln, Salem, OR is a Single Family that was built in 2019. This property is currently Financed and is not for sale. Our records show that 518 Red Cedar Ln has 4 bedrooms, and 1.5 bathrooms, and a total of 1,614 square feet. The lot size of 518 Red Cedar Ln is 5,227 square feet.

Off market
518 Red Cedar Ln NE Salem, OR 97301
$434,995 Listing Price
4 Beds
1.5 Baths
1,614 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2019
  • Purchase Price: $434,995
  • Open Loans / Balance: 1 / $369,745
  • Est. Equity / %: $89,255 / 19.45%
  • Gross Yield: 7.417%
  • APN: 357269
  • Situs County: Marion

Rooms

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

Structure

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

Measurements

  • Total: 1,614/SqFt
  • Lot: 5,227/SqFt
  • Gross: 2,076/SqFt
  • Garage: 462/SqFt
  • Living: 1,614/SqFt
  • Building: 2,076/SqFt
  • Ground: 688/SqFt
  • Garage Finished: 462/SqFt
  • Price Per Square Foot: $269.51

Legal Description

  • Description: RED CEDAR ESTATES LOT 1 ACRES .12
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: 44.936584 / -122.968414
  • Subdivision: Red Cedar Estates
  • Property Class: Residential
  • Zoning: UD
  • County Use Code: 101

Amenities

  • Plus Four: 3304
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $80
  • H O A Amount: $80
  • H O A One Frequency: Monthly
  • H O A One Name: Red Cedar Estates Hoa
  • H O A One Type: Home Owner Association

Ownership Info

518 Red Cedar Ln NE has no associated ownership info
518 Red Cedar Ln NE has no associated ownership info.

Taxes

518 Red Cedar Ln NE has 9 associated Taxes items

518 Red Cedar Ln, 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 $258,310. The APN we've located for 518 Red Cedar Ln is 357269.

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Taxes
  • Assessed Value:  $258,310
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  357269
  • Market Land Value:  137040
  • Tax Amount:  4175.06
  • Tax Year:  2025
  • Market Value:  542270
  • Market Year:  2025

Tax History

518 Red Cedar Ln NE has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $258,310 Land Value Improvement Value Tax Amount $4,175.06 Change Rate +0.031883% Assessed CR Tax Rate +0.016163%
Year 2024 Assessed Value $250,790 Land Value Improvement Value Tax Amount $4,046.06 Change Rate +0.053799% Assessed CR Tax Rate +0.016133%
Year 2023 Assessed Value $243,490 Land Value Improvement Value Tax Amount $3,839.5 Change Rate +0.029075% Assessed CR Tax Rate +0.015769%
Year 2022 Assessed Value $236,400 Land Value Improvement Value Tax Amount $3,731.02 Change Rate Assessed CR Tax Rate +0.015783%
Year 2021 Assessed Value $229,520 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $222,840 Land Value Improvement Value Tax Amount $3,460.83 Change Rate +3.155057% Assessed CR Tax Rate +0.015531%
Year 2019 Assessed Value $41,610 Land Value Improvement Value Tax Amount $832.92 Change Rate Assessed CR Tax Rate +0.020017%