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559 Red Cedar Ln; Salem, OR Property Details

559 Red Cedar Ln, Salem, OR is a Single Family that was built in 2019. This property is currently Financed,New Construction and is not for sale. Our records show that 559 Red Cedar Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,294 square feet. The lot size of 559 Red Cedar Ln is 4,792 square feet.

Off market
559 Red Cedar Ln NE Salem, OR 97301
$305,000 Listing Price
3 Beds
2 Baths
1,294 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2019
  • Purchase Price: $303,500
  • Open Loans / Balance: 1 / $267,317
  • Est. Equity / %: $162,683 / 37.83%
  • Gross Yield: 7.063%
  • APN: 357272
  • Situs County: Marion
  • Length Of Ownership: 7 years, 2 months

Rooms

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

Structure

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

Measurements

  • Total: 1,294/SqFt
  • Lot: 4,792/SqFt
  • Gross: 1,694/SqFt
  • Garage: 400/SqFt
  • Living: 1,294/SqFt
  • Building: 1,694/SqFt
  • Ground: 1,294/SqFt
  • Garage Finished: 400/SqFt
  • Price Per Square Foot: $234.54

Legal Description

  • Description: RED CEDAR ESTATES LOT 4 ACRES .11
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: 44.936882 / -122.9682
  • Subdivision: Red Cedar Estates
  • Property Class: Residential
  • Zoning: UD
  • County Use Code: 101

Amenities

  • Plus Four: 3305
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $50
  • H O A Amount: $50
  • H O A One Frequency: Monthly
  • H O A One Name: Red Cedar Estates Hoa
  • H O A One Type: Home Owner Association

Ownership Info

559 Red Cedar Ln NE has no associated ownership info
559 Red Cedar Ln NE has no associated ownership info.

Taxes

559 Red Cedar Ln NE has 9 associated Taxes items

559 Red Cedar 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 $218,990. The APN we've located for 559 Red Cedar Ln is 357272.

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Taxes
  • Assessed Value:  $218,990
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  357272
  • Market Land Value:  137040
  • Tax Amount:  4089.24
  • Tax Year:  2024
  • Market Value:  440660
  • Market Year:  2025

Tax History

559 Red Cedar Ln NE has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $218,990 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $212,620 Land Value Improvement Value Tax Amount $4,089.24 Change Rate +0.052775% Assessed CR Tax Rate +0.019233%
Year 2023 Assessed Value $206,430 Land Value Improvement Value Tax Amount $3,884.25 Change Rate +0.028638% Assessed CR Tax Rate +0.018816%
Year 2022 Assessed Value $200,420 Land Value Improvement Value Tax Amount $3,776.11 Change Rate +0.004269% Assessed CR Tax Rate +0.018841%
Year 2021 Assessed Value $194,590 Land Value Improvement Value Tax Amount $3,760.06 Change Rate +0.268148% Assessed CR Tax Rate +0.019323%
Year 2020 Assessed Value $188,930 Land Value Improvement Value Tax Amount $2,965 Change Rate +2.559766% Assessed CR Tax Rate +0.015694%
Year 2019 Assessed Value $41,610 Land Value Improvement Value Tax Amount $832.92 Change Rate Assessed CR Tax Rate +0.020017%