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5388 Monterey Dr; Salem, OR Property Details

5388 Monterey Dr, Salem, OR is a Single Family that was built in 1999. This property is currently a cash purchase and is not for sale. Our records show that 5388 Monterey Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,500 square feet. The lot size of 5388 Monterey Dr is 6,098 square feet.

Off market
5388 Monterey Dr SE Salem, OR 97306
$403,000 Listing Price
3 Beds
2 Baths
1,500 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1999
  • Purchase Price: $403,000
  • Est. Equity / %: $430,000 / 100%
  • Gross Yield: 7.228%
  • APN: 594078
  • Situs County: Marion
  • Length Of Ownership: 3 years

Rooms

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

Structure

  • Stories: 1
  • Roof Cover Type: Roll Composition

Measurements

  • Total: 1,500/SqFt
  • Lot: 6,098/SqFt
  • Gross: 2,076/SqFt
  • Garage: 576/SqFt
  • Living: 1,500/SqFt
  • Building: 2,076/SqFt
  • Ground: 1,500/SqFt
  • Garage Finished: 576/SqFt
  • Price Per Square Foot: $268.67

Legal Description

  • Description: SUNSET MEADOWS IN SALEM LOT 33 ACRES .14
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: 44.877285 / -123.00744
  • Subdivision: Sunset Meadows In Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 8804
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $100
  • H O A Amount: $100
  • H O A One Frequency: Annual
  • H O A One Name: Sunset Meadows
  • H O A One Type: Home Owner Association

Ownership Info

5388 Monterey Dr SE has no associated ownership info
5388 Monterey Dr SE has no associated ownership info.

Taxes

5388 Monterey Dr SE has 9 associated Taxes items

5388 Monterey 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 $235,240. The APN we've located for 5388 Monterey Dr is 594078.

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Taxes
  • Assessed Value:  $235,240
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  594078
  • Market Land Value:  184500
  • Tax Amount:  4484.26
  • Tax Year:  2024
  • Market Value:  437130
  • Market Year:  2025

Tax History

5388 Monterey Dr SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $235,240 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,484.26 Change Rate +0.030379% Assessed CR Tax Rate
Year 2023 Assessed Value $221,740 Land Value Improvement Value Tax Amount $4,352.05 Change Rate +0.028746% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $215,290 Land Value Improvement Value Tax Amount $4,230.44 Change Rate +0.029422% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $209,020 Land Value Improvement Value Tax Amount $4,109.53 Change Rate +0.030006% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $202,940 Land Value Improvement Value Tax Amount $3,989.81 Change Rate +0.036449% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $197,030 Land Value Improvement Value Tax Amount $3,849.5 Change Rate +0.01297% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $3,800.21 Change Rate +0.107981% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $3,429.85 Change Rate +0.049818% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,267.09 Change Rate -0.00747% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,291.68 Change Rate +0.033277% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,185.67 Change Rate Assessed CR Tax Rate