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640 Wormwood St; Salem, OR Property Details

640 Wormwood St, Salem, OR is a Single Family that was built in 1980. This property is currently a cash purchase and is not for sale. Our records show that 640 Wormwood St has 3 bedrooms, and 2 bathrooms, and a total of 1,200 square feet. The lot size of 640 Wormwood St is 5,663 square feet.

Off market
640 Wormwood St SE Salem, OR 97306
$192,210 Estimated Value
3 Beds
2 Baths
1,200 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1980
  • Purchase Price: $175,000
  • Est. Equity / %: $407,000 / 100%
  • Gross Yield: 7.05%
  • APN: 573914
  • Situs County: Marion
  • Length Of Ownership: 17 years, 8 months

Rooms

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

Structure

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

Measurements

  • Total: 1,200/SqFt
  • Lot: 5,663/SqFt
  • Gross: 1,660/SqFt
  • Garage: 460/SqFt
  • Living: 1,200/SqFt
  • Building: 1,660/SqFt
  • Ground: 1,200/SqFt
  • Garage Finished: 460/SqFt
  • Price Per Square Foot: $145.83

Legal Description

  • Description: FIELDCREST SUBDIVISION TO SALEM BLOCK 3 LOT 24 ACRES .13
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: 44.87863 / -123.043846
  • Subdivision: Fieldcrest Subdivision To Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 1602
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

640 Wormwood St SE has no associated ownership info
640 Wormwood St SE has no associated ownership info.

Taxes

640 Wormwood St SE has 9 associated Taxes items

640 Wormwood 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 $192,210. The APN we've located for 640 Wormwood St is 573914.

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Taxes
  • Assessed Value:  $192,210
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  573914
  • Market Land Value:  165000
  • Tax Amount:  3664.14
  • Tax Year:  2024
  • Market Value:  373550
  • Market Year:  2025

Tax History

640 Wormwood St SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $192,210 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $186,620 Land Value Improvement Value Tax Amount $3,664.14 Change Rate +0.030347% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $181,190 Land Value Improvement Value Tax Amount $3,556.22 Change Rate +0.028749% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $175,920 Land Value Improvement Value Tax Amount $3,456.84 Change Rate +0.02941% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $170,800 Land Value Improvement Value Tax Amount $3,358.08 Change Rate +0.03002% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $165,830 Land Value Improvement Value Tax Amount $3,260.21 Change Rate +0.036442% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $161,000 Land Value Improvement Value Tax Amount $3,145.58 Change Rate +0.012965% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $3,105.32 Change Rate +0.107963% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $2,802.73 Change Rate +0.049881% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $2,669.57 Change Rate -0.007469% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,689.66 Change Rate +0.03328% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,603.03 Change Rate Assessed CR Tax Rate