Taxes
- Assessed Value: $6,518,100
- Assessed Year: 2026
- Assessed County: Polk
- APN: 572042
- Assessed Land Value: 364750
- Market Land Value: 698000
- Tax Amount: 125016.65
- Tax Year: 2025
- Market Value: 13462140
- Market Year: 2026
640 River Valley Dr; Salem, OR Property Details
Off market
640 River Valley Dr NW Salem, OR 97304
$6,518,100 Estimated Value
55,271 SqFt
Property Type
Apt House 5+ UnitsProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2016
- Open Loans / Balance: 1 / $4,828,094
- APN: 572042
- Situs County: Polk
Measurements
- Total: 55,271/SqFt
- Lot: 83,200/SqFt
- Gross: 55,271/SqFt
- Living: 55,271/SqFt
- Building: 55,271/SqFt
Legal Description
- Description: RIVER VALLEY LOT 39
Building Insights
Land Information
- Property Type: Apt House 5+ Units
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Salem-Keizer School District 24J
- Lat / Lon: 44.959576 / -123.05183
- Subdivision: River Valley
- Property Class: Residential
- Zoning: RM1
- County Use Code: 701
Amenities
- Plus Four: 5517
- Fireplaces: 1
Ownership Info
640 River Valley Dr NW has no associated ownership info
640 River Valley Dr NW has no associated ownership info.
Taxes
640 River Valley Dr NW has 10 associated Taxes items
640 River Valley Dr, Salem, OR pays taxes in Polk County, OR. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $6,518,100. The APN we've located for 640 River Valley Dr is 572042.
Unlock the full reportTax History
640 River Valley Dr NW has 11 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $6,518,100 | Land Value $364,750 | Improvement Value $6,153,350 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $125,016.65 | Change Rate +0.079746% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $6,143,950 | Land Value $343,820 | Improvement Value $5,800,130 | Tax Amount $115,783.34 | Change Rate +0.029896% | Assessed CR | Tax Rate +0.018845% |
| Year 2023 | Assessed Value $5,965,000 | Land Value $333,810 | Improvement Value $5,631,190 | Tax Amount $112,422.36 | Change Rate +0.033084% | Assessed CR | Tax Rate +0.018847% |
| Year 2022 | Assessed Value $5,791,270 | Land Value $324,090 | Improvement Value $5,467,180 | Tax Amount $108,822.04 | Change Rate +0.029396% | Assessed CR | Tax Rate +0.018791% |
| Year 2021 | Assessed Value $5,622,600 | Land Value $314,650 | Improvement Value $5,307,950 | Tax Amount $105,714.46 | Change Rate +0.030597% | Assessed CR | Tax Rate +0.018802% |
| Year 2020 | Assessed Value $5,458,840 | Land Value $305,480 | Improvement Value $5,153,360 | Tax Amount $102,575.98 | Change Rate +0.036197% | Assessed CR | Tax Rate +0.018791% |
| Year 2019 | Assessed Value $5,299,850 | Land Value $296,580 | Improvement Value $5,003,270 | Tax Amount $98,992.71 | Change Rate +0.016889% | Assessed CR | Tax Rate +0.018678% |
| Year 2018 | Assessed Value $5,145,490 | Land Value $287,940 | Improvement Value $4,857,550 | Tax Amount $97,348.55 | Change Rate +1.85812% | Assessed CR | Tax Rate +0.018919% |
| Year 2017 | Assessed Value $1,939,490 | Land Value $260,740 | Improvement Value $1,678,750 | Tax Amount $34,060.34 | Change Rate +3.631275% | Assessed CR | Tax Rate +0.017561% |
| Year 2016 | Assessed Value $416,520 | Land Value $253,150 | Improvement Value $163,370 | Tax Amount $7,354.42 | Change Rate | Assessed CR | Tax Rate +0.017657% |