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535 Welcome Way; Salem, OR Property Details

535 Welcome Way, Salem, OR is a Single Family that was built in 1960. This property is currently a cash purchase and is not for sale. Our records show that 535 Welcome Way has 4 bedrooms, and 2.5 bathrooms, and a total of 1,844 square feet. The lot size of 535 Welcome Way is 9,583 square feet.

Off market
535 Welcome Way SE Salem, OR 97302
$289,000 Listing Price
4 Beds
2.5 Baths
1,844 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1960
  • Purchase Price: $367,000
  • Est. Equity / %: $555,000 / 100%
  • Gross Yield: 5.678%
  • APN: 565206
  • Situs County: Marion
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,844/SqFt
  • Lot: 9,583/SqFt
  • Gross: 2,396/SqFt
  • Garage: 552/SqFt
  • Living: 1,844/SqFt
  • Building: 2,396/SqFt
  • Ground: 1,844/SqFt
  • Garage Finished: 552/SqFt
  • Price Per Square Foot: $199.02

Legal Description

  • Description: ALDER BROOK MANOR IN SALEM BLOCK 1 LOT FR 3 ACRES .22
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: 44.89492 / -123.0428
  • Subdivision: Alder Brook Manor In Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 3931
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

535 Welcome Way SE has no associated ownership info
535 Welcome Way SE has no associated ownership info.

Taxes

535 Welcome Way SE has 9 associated Taxes items

535 Welcome Way, 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 $329,790. The APN we've located for 535 Welcome Way is 565206.

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Taxes
  • Assessed Value:  $329,790
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  565206
  • Market Land Value:  165000
  • Tax Amount:  6286.67
  • Tax Year:  2024
  • Market Value:  571730
  • Market Year:  2025

Tax History

535 Welcome Way SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $329,790 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $320,190 Land Value Improvement Value Tax Amount $6,286.67 Change Rate +0.030357% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $310,870 Land Value Improvement Value Tax Amount $6,101.45 Change Rate +0.028784% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $301,820 Land Value Improvement Value Tax Amount $5,930.74 Change Rate Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $293,030 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $284,500 Land Value Improvement Value Tax Amount $5,593.3 Change Rate +0.036439% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $276,220 Land Value Improvement Value Tax Amount $5,396.65 Change Rate +0.012991% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $5,327.44 Change Rate +0.107979% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $4,808.25 Change Rate +0.049871% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $4,579.85 Change Rate -0.00747% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,614.32 Change Rate +0.033292% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $4,465.65 Change Rate Assessed CR Tax Rate