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540 College Dr; Salem, OR Property Details

540 College Dr, Salem, OR is a Single Family that was built in 1952. This property is currently Financed and is not for sale. Our records show that 540 College Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,537 square feet. The lot size of 540 College Dr is 7,570 square feet.

Off market
540 College Dr NW Salem, OR 97304
$395,000 Listing Price
3 Beds
1.5 Baths
1,537 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1952
  • Purchase Price: $395,000
  • Open Loans / Balance: 1 / $346,021
  • Est. Equity / %: $53,979 / 13.49%
  • Gross Yield: 6.531%
  • APN: 264062
  • Situs County: Polk
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Wood Shingle
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 1,537/SqFt
  • Lot: 7,570/SqFt
  • Gross: 1,537/SqFt
  • Garage: 340/SqFt
  • Living: 1,537/SqFt
  • Building: 2,017/SqFt
  • Ground: 1,537/SqFt
  • Price Per Square Foot: $256.99

Legal Description

  • Description: ONE STORY
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: AREA NOT INCLUDED / No Flood Zone
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.936726 / -123.081245
  • Subdivision: College Sub 3
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4507
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

540 College Dr NW has no associated ownership info
540 College Dr NW has no associated ownership info.

Taxes

540 College Dr NW has 10 associated Taxes items

540 College Dr, Salem, OR pays taxes in Polk County, OR. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $181,550. The APN we've located for 540 College Dr is 264062.

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Taxes
  • Assessed Value:  $181,550
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  264062
  • Assessed Land Value:  56730
  • Market Land Value:  137000
  • Tax Amount:  3482.26
  • Tax Year:  2025
  • Market Value:  382800
  • Market Year:  2026

Tax History

540 College Dr NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $181,550 Land Value $56,730 Improvement Value $124,820 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,482.26 Change Rate +0.07972% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,225.15 Change Rate +0.029866% Assessed CR Tax Rate
Year 2023 Assessed Value $166,160 Land Value $51,920 Improvement Value $114,240 Tax Amount $3,131.62 Change Rate +0.033023% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $161,330 Land Value $50,410 Improvement Value $110,920 Tax Amount $3,031.51 Change Rate +0.02934% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $156,640 Land Value $48,940 Improvement Value $107,700 Tax Amount $2,945.1 Change Rate +0.030584% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $152,080 Land Value $47,510 Improvement Value $104,570 Tax Amount $2,857.7 Change Rate +0.036131% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $147,660 Land Value $46,130 Improvement Value $101,530 Tax Amount $2,758.05 Change Rate +0.016883% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $143,360 Land Value $44,780 Improvement Value $98,580 Tax Amount $2,712.26 Change Rate +0.109586% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $139,190 Land Value $43,480 Improvement Value $95,710 Tax Amount $2,444.39 Change Rate +0.024408% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $135,140 Land Value $42,220 Improvement Value $92,920 Tax Amount $2,386.15 Change Rate -0.008436% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $131,210 Land Value $40,990 Improvement Value $90,220 Tax Amount $2,406.45 Change Rate +0.046551% Assessed CR Tax Rate +0.01834%
Year 2014 Assessed Value $127,390 Land Value $39,800 Improvement Value $87,590 Tax Amount $2,299.41 Change Rate Assessed CR Tax Rate +0.01805%