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640 Gaines St; Salem, OR Property Details

640 Gaines St, Salem, OR is a Single Family that was built in 1936. This property is currently a cash purchase and is not for sale. Our records show that 640 Gaines St has 1 bedroom, and 1 bathroom, and a total of 461 square feet. The lot size of 640 Gaines St is 2,614 square feet.

Off market
640 Gaines St NE Salem, OR 97301
$59,720 Estimated Value
1 Beds
1 Baths
461 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1936
  • Purchase Price: $65,000
  • Est. Equity / %: $283,000 / 100%
  • Gross Yield: 6%
  • APN: 584291
  • Situs County: Marion
  • Length Of Ownership: 18 years, 3 months

Rooms

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

Structure

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

Measurements

  • Total: 461/SqFt
  • Lot: 2,614/SqFt
  • Gross: 461/SqFt
  • Living: 461/SqFt
  • Building: 461/SqFt
  • Ground: 461/SqFt
  • Price Per Square Foot: $141.00

Legal Description

  • Description: NORTH SALEM TOWN PLAT BLOCK 2 LOT FR 8 ACRES .06
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: 44.951073 / -123.02818
  • Subdivision: North Salem Town Plat
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 7316
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

Ownership Info

640 Gaines St NE has no associated ownership info
640 Gaines St NE has no associated ownership info.

Taxes

640 Gaines St NE has 9 associated Taxes items

640 Gaines 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 $59,720. The APN we've located for 640 Gaines St is 584291.

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Taxes
  • Assessed Value:  $59,720
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  584291
  • Market Land Value:  137040
  • Tax Amount:  1226.9
  • Tax Year:  2025
  • Market Value:  211870
  • Market Year:  2025

Tax History

640 Gaines St NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $59,720 Land Value Improvement Value Tax Amount $1,226.9 Change Rate +0.07757% Assessed CR Tax Rate +0.020544%
Year 2024 Assessed Value $57,990 Land Value Improvement Value Tax Amount $1,138.58 Change Rate +0.030212% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $56,310 Land Value Improvement Value Tax Amount $1,105.19 Change Rate +0.028792% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $54,670 Land Value Improvement Value Tax Amount $1,074.26 Change Rate +0.029389% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $53,080 Land Value Improvement Value Tax Amount $1,043.59 Change Rate +0.029923% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $51,540 Land Value Improvement Value Tax Amount $1,013.27 Change Rate +0.036424% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $50,040 Land Value Improvement Value Tax Amount $977.66 Change Rate +0.012867% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $965.24 Change Rate +0.107854% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $871.27 Change Rate +0.049799% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $829.94 Change Rate -0.007569% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $836.27 Change Rate +0.033197% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $809.4 Change Rate Assessed CR Tax Rate