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5477 Monterey Dr; Salem, OR Property Details

5477 Monterey Dr, Salem, OR is a Single Family that was built in 1995. This property is currently a cash purchase and is not for sale. Our records show that 5477 Monterey Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,720 square feet. The lot size of 5477 Monterey Dr is 6,098 square feet.

Off market
5477 Monterey Dr SE Salem, OR 97306
$487,000 Listing Price
3 Beds
2 Baths
1,720 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1995
  • Purchase Price: $487,000
  • Est. Equity / %: $508,000 / 100%
  • Gross Yield: 6.376%
  • APN: 594114
  • Situs County: Marion
  • Length Of Ownership: 2 years, 6 months

Rooms

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

Structure

  • Stories: 1
  • Roof Cover Type: Roll Composition

Measurements

  • Total: 1,720/SqFt
  • Lot: 6,098/SqFt
  • Gross: 2,140/SqFt
  • Garage: 420/SqFt
  • Living: 1,720/SqFt
  • Building: 2,140/SqFt
  • Ground: 1,720/SqFt
  • Garage Finished: 420/SqFt
  • Price Per Square Foot: $283.14

Legal Description

  • Description: SUNSET MEADOWS PHASE 2 IN SALEM LOT 69 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: 44.875767 / -123.00483
  • Subdivision: Sunset Meadows Phase 2 In Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 8803
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $110
  • H O A Amount: $110
  • H O A One Frequency: Annual
  • H O A One Name: Sunset Meadows Maintenance Association
  • H O A One Type: Home Owner Association
  • H O A Two Name: Sunset Meadows Maintenace Association
  • H O A Two Type: Home Owner Association

Ownership Info

5477 Monterey Dr SE has no associated ownership info
5477 Monterey Dr SE has no associated ownership info.

Taxes

5477 Monterey Dr SE has 9 associated Taxes items

5477 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 $255,650. The APN we've located for 5477 Monterey Dr is 594114.

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Taxes
  • Assessed Value:  $255,650
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  594114
  • Market Land Value:  184500
  • Tax Amount:  4873.42
  • Tax Year:  2024
  • Market Value:  466090
  • Market Year:  2025

Tax History

5477 Monterey Dr SE has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $255,650 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,873.42 Change Rate +0.030345% Assessed CR Tax Rate
Year 2023 Assessed Value $240,990 Land Value Improvement Value Tax Amount $4,729.89 Change Rate +0.028754% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $233,980 Land Value Improvement Value Tax Amount $4,597.69 Change Rate +0.0294% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $227,170 Land Value Improvement Value Tax Amount $4,466.38 Change Rate +0.030017% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $220,560 Land Value Improvement Value Tax Amount $4,336.22 Change Rate +0.036441% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $214,140 Land Value Improvement Value Tax Amount $4,183.76 Change Rate +0.01298% Assessed CR Tax Rate +0.019537%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $4,130.15 Change Rate +0.107962% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $3,727.7 Change Rate +0.04982% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,550.8 Change Rate -0.007505% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,577.65 Change Rate +0.033316% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,462.3 Change Rate Assessed CR Tax Rate
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