Large Location Icon

5520 Steele Ln; Salem, OR Property Details

5520 Steele Ln, Salem, OR is a Rural Residence that was built in 2012. This property is currently Financed and is not for sale. Our records show that 5520 Steele Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 3,078 square feet. The lot size of 5520 Steele Ln is 118,483 square feet.

Off market
5520 Steele Ln SE Salem, OR 97317
$468,410 Estimated Value
3 Beds
2.5 Baths
3,078 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2012
  • Purchase Price: $150,000
  • Open Loans / Balance: 1 / $251,551
  • Est. Equity / %: $901,449 / 78.18%
  • Gross Yield: 4.075%
  • APN: 338279
  • Situs County: Marion
  • Length Of Ownership: 19 years, 6 months

Rooms

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

Structure

  • Floor Cover Type: Concrete
  • Exterior Wall Type: Wood Siding
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Attic: true

Measurements

  • Total: 3,078/SqFt
  • Lot: 118,483/SqFt
  • Attic: 486/SqFt
  • Gross: 3,630/SqFt
  • Garage: 552/SqFt
  • Living: 3,078/SqFt
  • Building: 3,630/SqFt
  • Ground: 2,592/SqFt
  • Attic Finished: 486/SqFt
  • Garage Finished: 552/SqFt
  • Price Per Square Foot: $48.73

Legal Description

  • Description: PP 2006-004 LOT 2 ACRES 2.72
Building Insights

Land Information

  • Property Type: Rural Residence
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cascade School District 5
  • Lat / Lon: 44.87405 / -122.956055
  • Subdivision: Pp 2006-004
  • Property Class: Residential
  • Zoning: AR
  • County Use Code: 401

Amenities

  • Plus Four: 9587
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

5520 Steele Ln SE has no associated ownership info
5520 Steele Ln SE has no associated ownership info.

Taxes

5520 Steele Ln SE has 9 associated Taxes items

5520 Steele Ln, 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 $468,410. The APN we've located for 5520 Steele Ln is 338279.

Unlock the full report
Taxes
  • Assessed Value:  $468,410
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  338279
  • Market Land Value:  305660
  • Tax Amount:  5416.91
  • Tax Year:  2024
  • Market Value:  852470
  • Market Year:  2025

Tax History

5520 Steele Ln SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $468,410 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $454,770 Land Value Improvement Value Tax Amount $5,416.91 Change Rate +0.027115% Assessed CR Tax Rate +0.011911%
Year 2023 Assessed Value $441,530 Land Value Improvement Value Tax Amount $5,273.91 Change Rate +0.025735% Assessed CR Tax Rate +0.011945%
Year 2022 Assessed Value $428,670 Land Value Improvement Value Tax Amount $5,141.59 Change Rate +0.025557% Assessed CR Tax Rate +0.011994%
Year 2021 Assessed Value $416,190 Land Value Improvement Value Tax Amount $5,013.46 Change Rate +0.030946% Assessed CR Tax Rate +0.012046%
Year 2020 Assessed Value $404,070 Land Value Improvement Value Tax Amount $4,862.97 Change Rate +0.022274% Assessed CR Tax Rate +0.012035%
Year 2019 Assessed Value $392,310 Land Value Improvement Value Tax Amount $4,757.01 Change Rate +0.023559% Assessed CR Tax Rate +0.012126%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $4,647.52 Change Rate +0.029965% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $4,512.31 Change Rate +0.029078% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $4,384.81 Change Rate +0.028702% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,262.47 Change Rate -0.005181% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $4,284.67 Change Rate Assessed CR Tax Rate