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5575 Shannon Ave; Salem, OR Property Details

5575 Shannon Ave, Salem, OR is a Single Family that was built in 1977. This property is not for sale. Our records show that 5575 Shannon Ave has 3 bedrooms, and 1 bathroom, and a total of 1,008 square feet. The lot size of 5575 Shannon Ave is 6,534 square feet.

Off market
5575 Shannon Ave SE Salem, OR 97306
$167,380 Estimated Value
3 Beds
1 Baths
1,008 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1977
  • Open Loans / Balance: 1 / $143,774
  • Est. Equity / %: $208,226 / 59.16%
  • Gross Yield: 6.845%
  • APN: 580505
  • Situs County: Marion

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,008/SqFt
  • Lot: 6,534/SqFt
  • Gross: 1,488/SqFt
  • Garage: 480/SqFt
  • Living: 1,008/SqFt
  • Building: 1,488/SqFt
  • Ground: 1,008/SqFt
  • Garage Unfinished: 480/SqFt

Legal Description

  • Description: LAKEWOOD PARK IN SALEM BLOCK 5 LOT FR 14-15 ACRES .15
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: 44.874287 / -123.03456
  • Subdivision: Lakewood Park In Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 1101
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $178
  • H O A Amount: $178
  • H O A One Frequency: Quarterly
  • H O A One Name: Lakewood Park
  • H O A One Type: Home Owner Association
  • H O A Two Name: Lakewood Park Homeowners' Association, Inc., An Oregon Non-Profit Homeowners' Association
  • H O A Two Type: Home Owner Association

Ownership Info

5575 Shannon Ave SE has no associated ownership info
5575 Shannon Ave SE has no associated ownership info.

Taxes

5575 Shannon Ave SE has 9 associated Taxes items

5575 Shannon 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 $167,380. The APN we've located for 5575 Shannon Ave is 580505.

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Taxes
  • Assessed Value:  $167,380
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  580505
  • Market Land Value:  130000
  • Tax Amount:  3190.78
  • Tax Year:  2024
  • Market Value:  317960
  • Market Year:  2025

Tax History

5575 Shannon Ave SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $167,380 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $162,510 Land Value Improvement Value Tax Amount $3,190.78 Change Rate +0.030371% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $157,780 Land Value Improvement Value Tax Amount $3,096.73 Change Rate +0.028759% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $153,190 Land Value Improvement Value Tax Amount $3,010.16 Change Rate +0.029407% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $148,730 Land Value Improvement Value Tax Amount $2,924.17 Change Rate +0.030033% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $144,400 Land Value Improvement Value Tax Amount $2,838.91 Change Rate +0.03642% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $140,200 Land Value Improvement Value Tax Amount $2,739.15 Change Rate +0.012977% Assessed CR Tax Rate +0.019537%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $2,704.06 Change Rate +0.107949% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $2,440.6 Change Rate +0.049793% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $2,324.84 Change Rate -0.007501% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,342.41 Change Rate +0.033246% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,267.04 Change Rate Assessed CR Tax Rate