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5240 Addison Dr; Salem, OR Property Details

5240 Addison Dr, Salem, OR is a Single Family that was built in 1989. This property is currently Financed and is not for sale. Our records show that 5240 Addison Dr has 1 bedroom, and 1.5 bathrooms, and a total of 1,878 square feet. The lot size of 5240 Addison Dr is 6,970 square feet.

Off market
5240 Addison Dr S Salem, OR 97302
$283,140 Estimated Value
1 Beds
1.5 Baths
1,878 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1989
  • Purchase Price: $241,500
  • Open Loans: 1
  • Gross Yield: 6.581%
  • APN: 591151
  • Situs County: Marion
  • Length Of Ownership: 18 years, 1 months

Rooms

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

Structure

  • Stories: 1
  • Roof Type: Gable
  • Roof Cover Type: Clay tile

Measurements

  • Total: 1,878/SqFt
  • Lot: 6,970/SqFt
  • Gross: 2,428/SqFt
  • Garage: 550/SqFt
  • Living: 1,878/SqFt
  • Basement: 600/SqFt
  • Building: 2,428/SqFt
  • Ground: 1,878/SqFt
  • Garage Finished: 550/SqFt
  • Basement Finished: 600/SqFt
  • Price Per Square Foot: $128.59

Legal Description

  • Description: SKYLINE VILLAGE - PHASE IV IN SALEM BLOCK 26 LOT 42 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: 44.87952 / -123.07785
  • Subdivision: Skyline Village - Phase Iv In Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 9400
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

5240 Addison Dr S has no associated ownership info
5240 Addison Dr S has no associated ownership info.

Taxes

5240 Addison Dr S has 9 associated Taxes items

5240 Addison 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 $283,140. The APN we've located for 5240 Addison Dr is 591151.

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Taxes
  • Assessed Value:  $283,140
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  591151
  • Market Land Value:  168000
  • Tax Amount:  5397.46
  • Tax Year:  2024
  • Market Value:  510760
  • Market Year:  2025

Tax History

5240 Addison Dr S has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $283,140 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $274,900 Land Value Improvement Value Tax Amount $5,397.46 Change Rate +0.030364% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $266,900 Land Value Improvement Value Tax Amount $5,238.4 Change Rate +0.028773% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $259,130 Land Value Improvement Value Tax Amount $5,091.89 Change Rate +0.029397% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $251,590 Land Value Improvement Value Tax Amount $4,946.48 Change Rate +0.030015% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $244,270 Land Value Improvement Value Tax Amount $4,802.34 Change Rate +0.036428% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $237,160 Land Value Improvement Value Tax Amount $4,633.55 Change Rate +0.012986% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $4,574.15 Change Rate +0.107956% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $4,128.46 Change Rate +0.049871% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,932.35 Change Rate -0.007474% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,961.96 Change Rate +0.033294% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,834.3 Change Rate Assessed CR Tax Rate