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545 Welcome Way; Salem, OR Property Details

545 Welcome Way, Salem, OR is a Single Family that was built in 1961. This property is currently Financed and is not for sale. Our records show that 545 Welcome Way has 3 bedrooms, and 2.5 bathrooms, and a total of 2,229 square feet. The lot size of 545 Welcome Way is 10,454 square feet.

Off market
545 Welcome Way SE Salem, OR 97302
$240,000 Listing Price
3 Beds
2.5 Baths
2,229 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1961
  • Purchase Price: $240,000
  • Open Loans: 1
  • Gross Yield: 5.702%
  • APN: 565207
  • Situs County: Marion
  • Length Of Ownership: 13 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,229/SqFt
  • Lot: 10,454/SqFt
  • Gross: 2,757/SqFt
  • Garage: 528/SqFt
  • Living: 2,229/SqFt
  • Building: 2,757/SqFt
  • Ground: 2,229/SqFt
  • Garage Finished: 528/SqFt
  • Price Per Square Foot: $107.67

Legal Description

  • Description: ALDER BROOK MANOR IN SALEM BLOCK 1 LOT 4 ACRES .24
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: 44.894962 / -123.04248
  • 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: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

545 Welcome Way SE has 9 associated Taxes items

545 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 $317,670. The APN we've located for 545 Welcome Way is 565207.

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Taxes
  • Assessed Value:  $317,670
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  565207
  • Market Land Value:  165000
  • Tax Amount:  6055.61
  • Tax Year:  2024
  • Market Value:  539040
  • Market Year:  2025

Tax History

545 Welcome Way SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $317,670 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $308,420 Land Value Improvement Value Tax Amount $6,055.61 Change Rate +0.030379% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $299,440 Land Value Improvement Value Tax Amount $5,877.07 Change Rate +0.028789% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $290,720 Land Value Improvement Value Tax Amount $5,712.61 Change Rate +0.029397% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $282,260 Land Value Improvement Value Tax Amount $5,549.47 Change Rate +0.030043% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $274,040 Land Value Improvement Value Tax Amount $5,387.61 Change Rate +0.036446% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $266,060 Land Value Improvement Value Tax Amount $5,198.16 Change Rate +0.012975% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $5,131.58 Change Rate +0.107974% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $4,631.5 Change Rate +0.049858% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $4,411.55 Change Rate -0.007467% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,444.74 Change Rate +0.051243% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $4,228.08 Change Rate Assessed CR Tax Rate