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551 Riverview Dr; Salem, OR Property Details

551 Riverview Dr, Salem, OR is a Single Family that was built in 1955. This property is currently a cash purchase and is not for sale. Our records show that 551 Riverview Dr has 2 bedrooms, and 1 bathroom, and a total of 946 square feet. The lot size of 551 Riverview Dr is 7,319 square feet.

Off market
551 Riverview Dr NW Salem, OR 97304
$409,000 Listing Price
2 Beds
1 Baths
946 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1955
  • Purchase Price: $290,000
  • Est. Equity / %: $368,000 / 100%
  • Gross Yield: 5.579%
  • APN: 261847
  • Situs County: Polk
  • Length Of Ownership: 1 year, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Stories: 1
  • Exterior Wall Type: Wood Shingle
  • Building Condition: Average
  • Roof Type: Flat
  • Roof Cover Type: Built-up
  • Sewer Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 946/SqFt
  • Lot: 7,319/SqFt
  • Gross: 1,682/SqFt
  • Garage: 736/SqFt
  • Living: 946/SqFt
  • Building: 1,682/SqFt
  • Ground: 946/SqFt
  • Price Per Square Foot: $306.55

Legal Description

  • Description: KINGWOOD VISTA LOT 20 BLOCK 3
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: 44.94044 / -123.07025
  • Subdivision: Kingwood Vista
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 4338
  • Garage: Garage
  • Heating: Baseboard
  • Parking: 4

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

551 Riverview Dr NW has no associated ownership info
551 Riverview Dr NW has no associated ownership info.

Taxes

551 Riverview Dr NW has 10 associated Taxes items

551 Riverview 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 $156,740. The APN we've located for 551 Riverview Dr is 261847.

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Taxes
  • Assessed Value:  $156,740
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  261847
  • Assessed Land Value:  67160
  • Market Land Value:  140000
  • Tax Amount:  3006.38
  • Tax Year:  2025
  • Market Value:  351270
  • Market Year:  2026

Tax History

551 Riverview Dr NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $156,740 Land Value $67,160 Improvement Value $89,580 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,006.38 Change Rate +0.079738% Assessed CR Tax Rate
Year 2024 Assessed Value $147,750 Land Value $63,310 Improvement Value $84,440 Tax Amount $2,784.36 Change Rate +0.029867% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $143,450 Land Value $61,470 Improvement Value $81,980 Tax Amount $2,703.61 Change Rate +0.03302% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $139,280 Land Value $59,680 Improvement Value $79,600 Tax Amount $2,617.19 Change Rate +0.029352% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $135,230 Land Value $57,950 Improvement Value $77,280 Tax Amount $2,542.56 Change Rate +0.030532% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $131,300 Land Value $56,260 Improvement Value $75,040 Tax Amount $2,467.23 Change Rate +0.036155% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $127,480 Land Value $54,620 Improvement Value $72,860 Tax Amount $2,381.14 Change Rate +0.016869% Assessed CR Tax Rate +0.018679%
Year 2018 Assessed Value $123,770 Land Value $53,030 Improvement Value $70,740 Tax Amount $2,341.64 Change Rate +0.109598% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $120,170 Land Value $51,490 Improvement Value $68,680 Tax Amount $2,110.35 Change Rate +0.024432% Assessed CR Tax Rate +0.017561%
Year 2016 Assessed Value $116,670 Land Value $49,990 Improvement Value $66,680 Tax Amount $2,060.02 Change Rate -0.008476% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $113,280 Land Value $48,530 Improvement Value $64,750 Tax Amount $2,077.63 Change Rate +0.046486% Assessed CR Tax Rate +0.018341%
Year 2014 Assessed Value $109,990 Land Value $47,120 Improvement Value $62,870 Tax Amount $1,985.34 Change Rate Assessed CR Tax Rate +0.01805%