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705 Thompson Ave; Salem, OR Property Details

705 Thompson Ave, Salem, OR is a Single Family that was built in 1908. This property is currently a cash purchase and is not for sale. Our records show that 705 Thompson Ave has 2 bedrooms, and 1 bathroom, and a total of 1,097 square feet. The lot size of 705 Thompson Ave is 6,534 square feet.

Off market
705 Thompson Ave NE Salem, OR 97301
$94,270 Estimated Value
2 Beds
1 Baths
1,097 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1908
  • Purchase Price: $50,000
  • Est. Equity / %: $310,000 / 100%
  • Gross Yield: 6.449%
  • APN: 567465
  • Situs County: Marion
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Attic: true

Measurements

  • Total: 1,097/SqFt
  • Lot: 6,534/SqFt
  • Attic: 220/SqFt
  • Gross: 1,097/SqFt
  • Garage: 384/SqFt
  • Living: 1,097/SqFt
  • Building: 1,097/SqFt
  • Ground: 877/SqFt
  • Attic Finished: 220/SqFt
  • Garage Unfinished: 384/SqFt
  • Price Per Square Foot: $45.58

Legal Description

  • Description: BURLINGTON ADDITION TO SALEM BLOCK 2 LOT 12 ACRES .15
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 44.941917 / -123.01191
  • Subdivision: Burlington Addition To Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 2757
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

705 Thompson Ave NE has no associated ownership info
705 Thompson Ave NE has no associated ownership info.

Taxes

705 Thompson Ave NE has 9 associated Taxes items

705 Thompson 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 $94,270. The APN we've located for 705 Thompson Ave is 567465.

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Taxes
  • Assessed Value:  $94,270
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  567465
  • Market Land Value:  137040
  • Tax Amount:  1797.13
  • Tax Year:  2024
  • Market Value:  262210
  • Market Year:  2025

Tax History

705 Thompson Ave NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $94,270 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $91,530 Land Value Improvement Value Tax Amount $1,797.13 Change Rate +0.030329% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $88,870 Land Value Improvement Value Tax Amount $1,744.23 Change Rate +0.028668% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $86,290 Land Value Improvement Value Tax Amount $1,695.62 Change Rate +0.029395% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $83,780 Land Value Improvement Value Tax Amount $1,647.2 Change Rate +0.030041% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $81,340 Land Value Improvement Value Tax Amount $1,599.16 Change Rate +0.036329% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $78,980 Land Value Improvement Value Tax Amount $1,543.1 Change Rate +0.013025% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,523.26 Change Rate +0.10793% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $1,374.87 Change Rate +0.049776% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,309.68 Change Rate -0.057628% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,389.77 Change Rate +0.033286% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,345 Change Rate Assessed CR Tax Rate