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5195 Norma Ave; Salem, OR Property Details

5195 Norma Ave, Salem, OR is a Single Family that was built in 1986. This property is currently a cash purchase and is not for sale. Our records show that 5195 Norma Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,430 square feet. The lot size of 5195 Norma Ave is 6,970 square feet.

Off market
5195 Norma Ave SE Salem, OR 97306
$185,000 Listing Price
3 Beds
2 Baths
1,430 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1986
  • Purchase Price: $185,000
  • Est. Equity / %: $426,000 / 100%
  • Gross Yield: 6.899%
  • APN: 574868
  • Situs County: Marion
  • Length Of Ownership: 12 years

Rooms

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

Structure

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

Measurements

  • Total: 1,430/SqFt
  • Lot: 6,970/SqFt
  • Gross: 2,054/SqFt
  • Garage: 624/SqFt
  • Living: 1,430/SqFt
  • Basement: 624/SqFt
  • Building: 2,054/SqFt
  • Ground: 1,430/SqFt
  • Garage Finished: 624/SqFt
  • Price Per Square Foot: $129.37

Legal Description

  • Description: GLE-NOR SUBDIVISION IN SALEM BLOCK 3 LOT 3 ACRES .16
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: 44.879673 / -123.03721
  • Subdivision: Gle-Nor Subdivision In Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 1517
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

5195 Norma Ave SE has no associated ownership info
5195 Norma Ave SE has no associated ownership info.

Taxes

5195 Norma Ave SE has 9 associated Taxes items

5195 Norma 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 $238,750. The APN we've located for 5195 Norma Ave is 574868.

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Taxes
  • Assessed Value:  $238,750
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  574868
  • Market Land Value:  175000
  • Tax Amount:  4551.22
  • Tax Year:  2024
  • Market Value:  437190
  • Market Year:  2025

Tax History

5195 Norma Ave SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $238,750 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $231,800 Land Value Improvement Value Tax Amount $4,551.22 Change Rate +0.030385% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $225,050 Land Value Improvement Value Tax Amount $4,417.01 Change Rate +0.028767% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $218,500 Land Value Improvement Value Tax Amount $4,293.5 Change Rate +0.029399% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $212,140 Land Value Improvement Value Tax Amount $4,170.88 Change Rate +0.030007% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $205,970 Land Value Improvement Value Tax Amount $4,049.37 Change Rate +0.036403% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $199,980 Land Value Improvement Value Tax Amount $3,907.14 Change Rate +0.012992% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $3,857.03 Change Rate +0.107963% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $3,481.19 Change Rate +0.049876% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,315.81 Change Rate -0.007465% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,340.75 Change Rate +0.033296% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,233.1 Change Rate Assessed CR Tax Rate