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533 Illinois Ave; Salem, OR Property Details

533 Illinois Ave, Salem, OR is a Single Family that was built in 1965. This property is currently a cash purchase and is not for sale. Our records show that 533 Illinois Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,472 square feet. The lot size of 533 Illinois Ave is 10,019 square feet.

Off market
533 Illinois Ave NE Salem, OR 97301
$429,000 Listing Price
3 Beds
2 Baths
1,472 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1965
  • Purchase Price: $280,000
  • Open Loans / Balance: 1 / $227,001
  • Est. Equity / %: $217,999 / 48.99%
  • Gross Yield: 6.612%
  • APN: 597086
  • Situs County: Marion
  • Length Of Ownership: 1 year, 1 months

Rooms

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

Structure

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

Measurements

  • Total: 1,472/SqFt
  • Lot: 10,019/SqFt
  • Gross: 2,026/SqFt
  • Garage: 554/SqFt
  • Living: 1,472/SqFt
  • Building: 2,026/SqFt
  • Ground: 1,472/SqFt
  • Garage Finished: 554/SqFt
  • Price Per Square Foot: $190.22

Legal Description

  • Description: ZIMMERMAN HOME TRACTS BLOCK 3 LOT 15 ACRES .23
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: 44.936832 / -122.994965
  • Subdivision: Zimmerman Home Tracts
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 4633
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Home Owner Association

Ownership Info

533 Illinois Ave NE has no associated ownership info
533 Illinois Ave NE has no associated ownership info.

Taxes

533 Illinois Ave NE has 9 associated Taxes items

533 Illinois 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 $223,180. The APN we've located for 533 Illinois Ave is 597086.

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Taxes
  • Assessed Value:  $223,180
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  597086
  • Market Land Value:  137040
  • Tax Amount:  4585.15
  • Tax Year:  2025
  • Market Value:  434240
  • Market Year:  2025

Tax History

533 Illinois Ave NE has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $223,180 Land Value Improvement Value Tax Amount $4,585.15 Change Rate +0.077751% Assessed CR Tax Rate +0.020545%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,254.37 Change Rate +0.030383% Assessed CR Tax Rate
Year 2023 Assessed Value $210,370 Land Value Improvement Value Tax Amount $4,128.92 Change Rate +0.028761% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $204,250 Land Value Improvement Value Tax Amount $4,013.49 Change Rate +0.029377% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $198,310 Land Value Improvement Value Tax Amount $3,898.95 Change Rate +0.030016% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $192,540 Land Value Improvement Value Tax Amount $3,785.33 Change Rate +0.036407% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $186,940 Land Value Improvement Value Tax Amount $3,652.36 Change Rate +0.012986% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $3,605.54 Change Rate +0.107958% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $3,254.22 Change Rate +0.049857% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,099.68 Change Rate +0.100731% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,816.02 Change Rate Assessed CR Tax Rate