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7198 Lipscomb St; Salem, OR Property Details

7198 Lipscomb St, Salem, OR is a Single Family that was built in 1964. This property is not for sale. Our records show that 7198 Lipscomb St has 1 bedroom, and 2.5 bathrooms, and a total of 5,246 square feet. The lot size of 7198 Lipscomb St is 119,354 square feet.

Off market
7198 Lipscomb St SE Salem, OR 97317
$499,956 Estimated Value
1 Beds
2.5 Baths
5,246 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1964
  • Open Loans / Balance: 2 / $587,288
  • Est. Equity / %: $795,712 / 57.54%
  • Gross Yield: 4.825%
  • APN: 529829
  • Situs County: Marion

Rooms

  • Bedrooms: 1
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Roof Type: Gable
  • Roof Cover Type: Tile
  • Deck: true

Measurements

  • Total: 5,246/SqFt
  • Lot: 119,354/SqFt
  • Gross: 6,559/SqFt
  • Garage: 578/SqFt
  • Living: 5,246/SqFt
  • Basement: 1,942/SqFt
  • Building: 6,559/SqFt
  • Ground: 5,246/SqFt
  • Garage Finished: 578/SqFt
  • Basement Finished: 1,942/SqFt

Legal Description

  • Description: ACRES 2.74
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cascade School District 5
  • Lat / Lon: 44.87023 / -122.91371
  • Property Class: Residential
  • Zoning: SA
  • County Use Code: 401

Amenities

  • Plus Four: 9511
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

7198 Lipscomb St SE has no associated ownership info
7198 Lipscomb St SE has no associated ownership info.

Taxes

7198 Lipscomb St SE has 9 associated Taxes items

7198 Lipscomb 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 $499,956. The APN we've located for 7198 Lipscomb St is 529829.

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Taxes
  • Assessed Value:  $499,956
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  529829
  • Market Land Value:  109760
  • Tax Amount:  5783.27
  • Tax Year:  2024
  • Market Value:  1156860
  • Market Year:  2025

Tax History

7198 Lipscomb St SE has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $499,956 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $485,527 Land Value Improvement Value Tax Amount $5,783.27 Change Rate +0.026857% Assessed CR Tax Rate +0.011911%
Year 2023 Assessed Value $471,509 Land Value Improvement Value Tax Amount $5,632.01 Change Rate +0.025449% Assessed CR Tax Rate +0.011945%
Year 2022 Assessed Value $457,902 Land Value Improvement Value Tax Amount $5,492.24 Change Rate Assessed CR Tax Rate +0.011994%
Year 2021 Assessed Value $444,680 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $235,270 Land Value Improvement Value Tax Amount $2,831.48 Change Rate +0.021708% Assessed CR Tax Rate +0.012035%
Year 2019 Assessed Value $228,550 Land Value Improvement Value Tax Amount $2,771.32 Change Rate +0.023001% Assessed CR Tax Rate +0.012126%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $2,709.01 Change Rate +0.029416% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $2,631.6 Change Rate Assessed CR Tax Rate