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650 Electric Ave; Salem, OR Property Details

650 Electric Ave, Salem, OR is a Single Family that was built in 1926. This property is currently Financed and is not for sale. Our records show that 650 Electric Ave has 1 bedroom, and 1 bathroom, and a total of 1,200 square feet. The lot size of 650 Electric Ave is 5,227 square feet.

Off market
650 Electric Ave SE Salem, OR 97302
$195,000 Listing Price
1 Beds
1 Baths
1,200 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1926
  • Purchase Price: $326,000
  • Open Loans / Balance: 2 / $240,651
  • Est. Equity / %: $221,349 / 47.91%
  • Gross Yield: 5.777%
  • APN: 583946
  • Situs County: Marion
  • Length Of Ownership: 7 years, 2 months

Rooms

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

Structure

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

Measurements

  • Total: 1,200/SqFt
  • Lot: 5,227/SqFt
  • Attic: 288/SqFt
  • Gross: 2,112/SqFt
  • Garage: 468/SqFt
  • Living: 1,200/SqFt
  • Basement: 912/SqFt
  • Building: 2,112/SqFt
  • Ground: 912/SqFt
  • Attic Finished: 288/SqFt
  • Garage Unfinished: 468/SqFt
  • Price Per Square Foot: $271.67

Legal Description

  • Description: NOB HILL ANNEX (BLKS 20, 21, 23) AMENDED BLOCK 20 LOT 11 ACRES .12
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: 44.919956 / -123.039825
  • Subdivision: Nob Hill Annex (Blks 20, 21, 23) Amended
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 3720
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

650 Electric Ave SE has no associated ownership info
650 Electric Ave SE has no associated ownership info.

Taxes

650 Electric Ave SE has 9 associated Taxes items

650 Electric Ave, 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 $182,500. The APN we've located for 650 Electric Ave is 583946.

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Taxes
  • Assessed Value:  $182,500
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  583946
  • Market Land Value:  184500
  • Tax Amount:  3478.98
  • Tax Year:  2024
  • Market Value:  403690
  • Market Year:  2025

Tax History

650 Electric Ave SE has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $182,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $177,190 Land Value Improvement Value Tax Amount $3,478.98 Change Rate +0.030369% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $172,030 Land Value Improvement Value Tax Amount $3,376.44 Change Rate +0.028797% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $167,020 Land Value Improvement Value Tax Amount $3,281.93 Change Rate +0.029389% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $162,160 Land Value Improvement Value Tax Amount $3,188.23 Change Rate +0.030036% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $157,440 Land Value Improvement Value Tax Amount $3,095.26 Change Rate +0.036424% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $152,860 Land Value Improvement Value Tax Amount $2,986.48 Change Rate +0.012984% Assessed CR Tax Rate +0.019537%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $2,948.2 Change Rate +0.107975% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $2,660.89 Change Rate +0.049831% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $2,534.59 Change Rate -0.007495% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,553.73 Change Rate Assessed CR Tax Rate