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5612 Lipscomb St; Salem, OR Property Details

5612 Lipscomb St, Salem, OR is a Single Family that was built in 1974. This property is currently a cash purchase and is not for sale. Our records show that 5612 Lipscomb St has 3 bedrooms, and 2 bathrooms, and a total of 2,262 square feet. The lot size of 5612 Lipscomb St is 111,514 square feet.

Off market
5612 Lipscomb St SE Salem, OR 97317
$400,000 Listing Price
3 Beds
2 Baths
2,262 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1974
  • Purchase Price: $400,000
  • Est. Equity / %: $758,000 / 100%
  • Gross Yield: 5.834%
  • APN: 548821
  • Situs County: Marion
  • Length Of Ownership: 10 years, 5 months

Rooms

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

Structure

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

Measurements

  • Total: 2,262/SqFt
  • Lot: 111,514/SqFt
  • Gross: 2,724/SqFt
  • Garage: 462/SqFt
  • Living: 2,262/SqFt
  • Building: 2,724/SqFt
  • Ground: 1,662/SqFt
  • Garage Finished: 462/SqFt
  • Price Per Square Foot: $176.83

Legal Description

  • Description: PP 2017-031 LOT 1 ACRES 2.56
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cascade School District 5
  • Lat / Lon: 44.871674 / -122.945305
  • Subdivision: Pp 2017-031
  • Property Class: Residential
  • Zoning: AR
  • County Use Code: 401

Amenities

  • Plus Four: 9321
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

5612 Lipscomb St SE has no associated ownership info
5612 Lipscomb St SE has no associated ownership info.

Taxes

5612 Lipscomb St SE has 9 associated Taxes items

5612 Lipscomb 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 $591,710. The APN we've located for 5612 Lipscomb St is 548821.

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Taxes
  • Assessed Value:  $591,710
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  548821
  • Market Land Value:  312130
  • Tax Amount:  6615.76
  • Tax Year:  2024
  • Market Value:  646240
  • Market Year:  2025

Tax History

5612 Lipscomb St SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $591,710 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,615.76 Change Rate +0.02208% Assessed CR Tax Rate
Year 2023 Assessed Value $557,750 Land Value Improvement Value Tax Amount $6,472.84 Change Rate +0.000659% Assessed CR Tax Rate +0.011605%
Year 2022 Assessed Value $541,510 Land Value Improvement Value Tax Amount $6,468.58 Change Rate Assessed CR Tax Rate +0.011945%
Year 2021 Assessed Value $525,740 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $492,850 Land Value Improvement Value Tax Amount $5,653.92 Change Rate +0.103958% Assessed CR Tax Rate +0.011472%
Year 2019 Assessed Value $442,940 Land Value Improvement Value Tax Amount $5,121.5 Change Rate -0.039286% Assessed CR Tax Rate +0.011563%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $5,330.93 Change Rate +0.200344% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $4,441.17 Change Rate +0.251792% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,547.85 Change Rate +0.028714% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,448.82 Change Rate -0.01037% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,484.96 Change Rate Assessed CR Tax Rate