Taxes
- Assessed Value: $1,002,470
- Assessed Year: 2025
- Assessed County: Marion
- APN: 589046
- Market Land Value: 75000
- Tax Amount: 19109.67
- Tax Year: 2024
- Market Value: 1122850
- Market Year: 2025
554 Ferry St; Salem, OR Property Details
Off market
554 Ferry St SE Salem, OR 97301
$1,002,470 Estimated Value
7,674 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1920
- Purchase Price: $584,999
- Open Loans / Balance: 1 / $318,310
- APN: 589046
- Situs County: Marion
- Length Of Ownership: 21 years, 6 months
Structure
- Stories: 1
Measurements
- Total: 7,674/SqFt
- Lot: 3,049/SqFt
- Gross: 7,674/SqFt
- Living: 7,674/SqFt
- Basement: 2,590/SqFt
- Building: 7,674/SqFt
- Ground: 5,084/SqFt
- Price Per Square Foot: $76.23
Legal Description
- Description: SALEM BLOCK 8 LOT 1 ACRES .07
Building Insights
Land Information
- Property Type: Commercial Office
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Salem-Keizer School District 24J
- Lat / Lon: 44.93816 / -123.03692
- Subdivision: Salem
- Property Class: Office
- Zoning: CB
- County Use Code: 201
Amenities
- Plus Four: 3716
Ownership Info
554 Ferry St SE has no associated ownership info
554 Ferry St SE has no associated ownership info.
Taxes
554 Ferry St SE has 9 associated Taxes items
554 Ferry St, 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 $1,002,470. The APN we've located for 554 Ferry St is 589046.
Unlock the full reportTax History
554 Ferry St SE has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $1,002,470 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $19,109.67 | Change Rate +0.732499% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $561,990 | Land Value | Improvement Value | Tax Amount $11,030.12 | Change Rate +0.028778% | Assessed CR | Tax Rate +0.019627% |
| Year 2022 | Assessed Value $545,630 | Land Value | Improvement Value | Tax Amount $10,721.57 | Change Rate +0.029419% | Assessed CR | Tax Rate +0.01965% |
| Year 2021 | Assessed Value $529,740 | Land Value | Improvement Value | Tax Amount $10,415.17 | Change Rate +0.030028% | Assessed CR | Tax Rate +0.019661% |
| Year 2020 | Assessed Value $514,320 | Land Value | Improvement Value | Tax Amount $10,111.54 | Change Rate +0.036453% | Assessed CR | Tax Rate +0.01966% |
| Year 2019 | Assessed Value $499,340 | Land Value | Improvement Value | Tax Amount $9,755.91 | Change Rate +0.013007% | Assessed CR | Tax Rate +0.019538% |
| Year 2018 | Assessed Value | Land Value | Improvement Value | Tax Amount $9,630.64 | Change Rate +0.107986% | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value | Land Value | Improvement Value | Tax Amount $8,692.02 | Change Rate +0.049861% | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value | Land Value | Improvement Value | Tax Amount $8,279.21 | Change Rate -0.007462% | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $8,341.45 | Change Rate +0.033326% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value | Land Value | Improvement Value | Tax Amount $8,072.43 | Change Rate | Assessed CR | Tax Rate |