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5860 Reed Ln; Salem, OR Property Details

5860 Reed Ln, Salem, OR is a Quadruplex 4 Units that was built in 2015. This property is not for sale. Our records show that 5860 Reed Ln has a total of 40,604 square feet. The lot size of 5860 Reed Ln is 84,506 square feet.

Off market
5860 Reed Ln SE Salem, OR 97306
$4,497,380 Estimated Value
40,604 SqFt
Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2015
  • APN: 351331
  • Situs County: Marion

Measurements

  • Total: 40,604/SqFt
  • Lot: 84,506/SqFt
  • Gross: 40,604/SqFt
  • Living: 40,604/SqFt
  • Building: 40,604/SqFt
  • Ground: 40,604/SqFt

Legal Description

  • Description: PP 2013-031 LOT 3 ACRES 1.94
Building Insights

Land Information

  • Property Type: Quadruplex 4 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.86995 / -123.01759
  • Subdivision: Pp 2013-031
  • Property Class: Residential
  • Zoning: RM2; RM1
  • County Use Code: 701

Amenities

  • Plus Four: 2926
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

5860 Reed Ln SE has no associated ownership info
5860 Reed Ln SE has no associated ownership info.

Taxes

5860 Reed Ln SE has 9 associated Taxes items

5860 Reed 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 $4,497,380. The APN we've located for 5860 Reed Ln is 351331.

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Taxes
  • Assessed Value:  $4,497,380
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  351331
  • Market Land Value:  379980
  • Tax Amount:  92396.42
  • Tax Year:  2025
  • Market Value:  8451770
  • Market Year:  2025

Tax History

5860 Reed Ln SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $4,497,380 Land Value Improvement Value Tax Amount $92,396.42 Change Rate +0.077748% Assessed CR Tax Rate +0.020544%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $85,731.01 Change Rate +0.030387% Assessed CR Tax Rate
Year 2023 Assessed Value $4,239,220 Land Value Improvement Value Tax Amount $83,202.72 Change Rate +0.028793% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $4,115,750 Land Value Improvement Value Tax Amount $80,874.09 Change Rate +0.029422% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $3,995,880 Land Value Improvement Value Tax Amount $78,562.61 Change Rate +0.030046% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $3,879,500 Land Value Improvement Value Tax Amount $76,270.95 Change Rate +0.556204% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $3,766,510 Land Value Improvement Value Tax Amount $49,010.9 Change Rate -0.325321% Assessed CR Tax Rate +0.013012%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $72,643.28 Change Rate +0.107988% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $65,563.21 Change Rate +0.198552% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $54,702 Change Rate +7.044708% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $6,799.75 Change Rate +0.033317% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $6,580.51 Change Rate Assessed CR Tax Rate