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5440 Terra Cotta Dr; Salem, OR Property Details

5440 Terra Cotta Dr, Salem, OR is a Single Family that was built in 2017. This property is currently a cash purchase and is not for sale. Our records show that 5440 Terra Cotta Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,784 square feet. The lot size of 5440 Terra Cotta Dr is 6,970 square feet.

Off market
5440 Terra Cotta Dr SE Salem, OR 97306
$601,000 Listing Price
3 Beds
2 Baths
1,784 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 2017
  • Purchase Price: $601,000
  • Est. Equity / %: $588,000 / 100%
  • Gross Yield: 6.159%
  • APN: 353155
  • Situs County: Marion
  • Length Of Ownership: 4 years, 5 months

Rooms

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

Structure

  • Stories: 1
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,784/SqFt
  • Lot: 6,970/SqFt
  • Gross: 2,302/SqFt
  • Garage: 518/SqFt
  • Living: 1,784/SqFt
  • Building: 2,302/SqFt
  • Ground: 1,784/SqFt
  • Garage Finished: 518/SqFt
  • Price Per Square Foot: $336.88

Legal Description

  • Description: WOODSCAPE GREEN PHASE 2 IN SALEM LOT 61 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: 44.87656 / -123.008705
  • Subdivision: Woodscape Green Phase 2 In Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 1174
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One Name: Headwaters Homeowners Association
  • H O A One Type: Planned Unit Development

Ownership Info

5440 Terra Cotta Dr SE has no associated ownership info
5440 Terra Cotta Dr SE has no associated ownership info.

Taxes

5440 Terra Cotta Dr SE has 9 associated Taxes items

5440 Terra Cotta 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 $313,810. The APN we've located for 5440 Terra Cotta Dr is 353155.

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Taxes
  • Assessed Value:  $313,810
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  353155
  • Market Land Value:  187500
  • Tax Amount:  5981.98
  • Tax Year:  2024
  • Market Value:  525280
  • Market Year:  2025

Tax History

5440 Terra Cotta Dr SE has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $313,810 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,981.98 Change Rate +0.030376% Assessed CR Tax Rate
Year 2023 Assessed Value $295,800 Land Value Improvement Value Tax Amount $5,805.63 Change Rate +0.028771% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $287,190 Land Value Improvement Value Tax Amount $5,643.27 Change Rate +0.029409% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $278,830 Land Value Improvement Value Tax Amount $5,482.05 Change Rate +0.030038% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $270,710 Land Value Improvement Value Tax Amount $5,322.18 Change Rate +0.03644% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $262,830 Land Value Improvement Value Tax Amount $5,135.06 Change Rate +0.012994% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $5,069.19 Change Rate +3.411789% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $1,149.01 Change Rate +1.486227% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $462.15 Change Rate Assessed CR Tax Rate