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550 Cascade Dr; Salem, OR Property Details

550 Cascade Dr, Salem, OR is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 550 Cascade Dr has 5 bedrooms, and 2 bathrooms, and a total of 2,640 square feet. The lot size of 550 Cascade Dr is 11,352 square feet.

Off market
550 Cascade Dr NW Salem, OR 97304
$285,000 Listing Price
5 Beds
2 Baths
2,640 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $415,000
  • Open Loans / Balance: 2 / $429,072
  • Est. Equity / %: $92,928 / 17.8%
  • Gross Yield: 7.4%
  • APN: 253549
  • Situs County: Polk
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 10

Structure

  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 2,640/SqFt
  • Lot: 11,352/SqFt
  • Gross: 3,450/SqFt
  • Garage: 405/SqFt
  • Living: 2,640/SqFt
  • Basement: 1,725/SqFt
  • Building: 3,450/SqFt
  • Ground: 1,320/SqFt
  • Basement Finished: 1,320/SqFt
  • Basement Unfinished: 405/SqFt
  • Price Per Square Foot: $157.20

Legal Description

  • Description: KINGWOOD HEIGHTS ADDITION LOT 3 BLOCK 8
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: 44.94057 / -123.06807
  • Subdivision: Kingwood Heights Addition
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 4402
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

550 Cascade Dr NW has no associated ownership info
550 Cascade Dr NW has no associated ownership info.

Taxes

550 Cascade Dr NW has 10 associated Taxes items

550 Cascade 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 $284,160. The APN we've located for 550 Cascade Dr is 253549.

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Taxes
  • Assessed Value:  $284,160
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  253549
  • Assessed Land Value:  73760
  • Market Land Value:  150000
  • Tax Amount:  5450.26
  • Tax Year:  2025
  • Market Value:  532240
  • Market Year:  2026

Tax History

550 Cascade Dr NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $284,160 Land Value $73,760 Improvement Value $210,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,450.26 Change Rate +0.079721% Assessed CR Tax Rate
Year 2024 Assessed Value $267,860 Land Value $69,520 Improvement Value $198,340 Tax Amount $5,047.84 Change Rate +0.029888% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $260,060 Land Value $67,490 Improvement Value $192,570 Tax Amount $4,901.35 Change Rate +0.033068% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $252,490 Land Value $65,520 Improvement Value $186,970 Tax Amount $4,744.46 Change Rate +0.029379% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $245,140 Land Value $63,610 Improvement Value $181,530 Tax Amount $4,609.05 Change Rate +0.030593% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $238,000 Land Value $61,760 Improvement Value $176,240 Tax Amount $4,472.23 Change Rate +0.036195% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $231,070 Land Value $59,960 Improvement Value $171,110 Tax Amount $4,316.01 Change Rate +0.016888% Assessed CR Tax Rate +0.018678%
Year 2018 Assessed Value $224,340 Land Value $58,210 Improvement Value $166,130 Tax Amount $4,244.33 Change Rate +0.109608% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $217,810 Land Value $56,510 Improvement Value $161,300 Tax Amount $3,825.07 Change Rate +0.024422% Assessed CR Tax Rate +0.017561%
Year 2016 Assessed Value $211,470 Land Value $54,870 Improvement Value $156,600 Tax Amount $3,733.88 Change Rate -0.008445% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $205,320 Land Value $53,270 Improvement Value $152,050 Tax Amount $3,765.68 Change Rate +0.046583% Assessed CR Tax Rate +0.018341%
Year 2014 Assessed Value $199,340 Land Value $51,720 Improvement Value $147,620 Tax Amount $3,598.07 Change Rate Assessed CR Tax Rate +0.01805%