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556 Welcome Way; Salem, OR Property Details

556 Welcome Way, Salem, OR is a Single Family that was built in 1960. This property is not for sale. Our records show that 556 Welcome Way has 1 bedroom, and 2 bathrooms, and a total of 3,315 square feet. The lot size of 556 Welcome Way is 10,019 square feet.

Off market
556 Welcome Way SE Salem, OR 97302
$400,950 Estimated Value
1 Beds
2 Baths
3,315 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1960
  • Est. Equity / %: $649,000 / 100%
  • Gross Yield: 7.825%
  • APN: 565233
  • Situs County: Marion

Rooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 2
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 3,315/SqFt
  • Lot: 10,019/SqFt
  • Gross: 3,855/SqFt
  • Garage: 540/SqFt
  • Living: 3,315/SqFt
  • Building: 3,855/SqFt
  • Ground: 2,324/SqFt
  • Garage Finished: 540/SqFt

Legal Description

  • Description: ALDER BROOK MANOR IN SALEM BLOCK 3 LOT 6 ACRES .23
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: 44.894592 / -123.04202
  • Subdivision: Alder Brook Manor In Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 3932
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

556 Welcome Way SE has no associated ownership info
556 Welcome Way SE has no associated ownership info.

Taxes

556 Welcome Way SE has 9 associated Taxes items

556 Welcome Way, 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 $400,950. The APN we've located for 556 Welcome Way is 565233.

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Taxes
  • Assessed Value:  $400,950
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  565233
  • Market Land Value:  165000
  • Tax Amount:  7643.26
  • Tax Year:  2024
  • Market Value:  735690
  • Market Year:  2025

Tax History

556 Welcome Way SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $400,950 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $389,280 Land Value Improvement Value Tax Amount $7,643.26 Change Rate +0.030371% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $377,950 Land Value Improvement Value Tax Amount $7,417.97 Change Rate +0.028769% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $366,950 Land Value Improvement Value Tax Amount $7,210.53 Change Rate +0.029404% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $356,270 Land Value Improvement Value Tax Amount $7,004.57 Change Rate +0.030019% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $345,900 Land Value Improvement Value Tax Amount $6,800.43 Change Rate +0.036444% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $335,830 Land Value Improvement Value Tax Amount $6,561.31 Change Rate +0.013011% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $6,477.04 Change Rate +0.107963% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $5,845.9 Change Rate +0.049884% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $5,568.14 Change Rate -0.007467% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $5,610.03 Change Rate +0.033328% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $5,429.09 Change Rate Assessed CR Tax Rate