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553 Illinois Ave; Salem, OR Property Details

553 Illinois Ave, Salem, OR is a Single Family that was built in 1954. This property is not for sale. Our records show that 553 Illinois Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,674 square feet. The lot size of 553 Illinois Ave is 9,148 square feet.

Off market
553 Illinois Ave NE Salem, OR 97301
$179,260 Estimated Value
3 Beds
2 Baths
1,674 SqFt
Property Details

Summary

  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1954
  • Est. Equity / %: $371,000 / 100%
  • Gross Yield: 6.961%
  • APN: 597082
  • Situs County: Marion

Rooms

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

Structure

  • Stories: 1
  • Roof Type: Hip
  • Roof Cover Type: Roll Composition

Measurements

  • Total: 1,674/SqFt
  • Lot: 9,148/SqFt
  • Gross: 2,180/SqFt
  • Garage: 506/SqFt
  • Living: 1,674/SqFt
  • Building: 2,180/SqFt
  • Ground: 1,674/SqFt
  • Garage Finished: 506/SqFt

Legal Description

  • Description: ZIMMERMAN HOME TRACTS BLOCK 3 LOT 12 ACRES .21
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: 44.937477 / -122.99497
  • Subdivision: Zimmerman Home Tracts
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 4633
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One Type: Home Owner Association

Ownership Info

553 Illinois Ave NE has no associated ownership info
553 Illinois Ave NE has no associated ownership info.

Taxes

553 Illinois Ave NE has 9 associated Taxes items

553 Illinois Ave, 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 $179,260. The APN we've located for 553 Illinois Ave is 597082.

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Taxes
  • Assessed Value:  $179,260
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  597082
  • Market Land Value:  137040
  • Tax Amount:  3682.78
  • Tax Year:  2025
  • Market Value:  359930
  • Market Year:  2025

Tax History

553 Illinois Ave NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $179,260 Land Value Improvement Value Tax Amount $3,682.78 Change Rate +0.077734% Assessed CR Tax Rate +0.020544%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,417.15 Change Rate +0.030327% Assessed CR Tax Rate
Year 2023 Assessed Value $168,980 Land Value Improvement Value Tax Amount $3,316.57 Change Rate +0.028789% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $164,060 Land Value Improvement Value Tax Amount $3,223.76 Change Rate +0.02937% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $159,290 Land Value Improvement Value Tax Amount $3,131.78 Change Rate +0.029988% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $154,660 Land Value Improvement Value Tax Amount $3,040.6 Change Rate +0.036414% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $150,160 Land Value Improvement Value Tax Amount $2,933.77 Change Rate +0.012997% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $2,896.13 Change Rate +0.107939% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $2,613.98 Change Rate +0.049854% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $2,489.85 Change Rate -0.007482% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,508.62 Change Rate +0.033277% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,427.83 Change Rate Assessed CR Tax Rate