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7242 55th Ave; Salem, OR Property Details

7242 55th Ave, Salem, OR is a Single Family that was built in 1961. This property is currently Financed and is not for sale. Our records show that 7242 55th Ave has 3 bedrooms, and 1 bathroom, and a total of 2,334 square feet. The lot size of 7242 55th Ave is 23,087 square feet.

Off market
7242 55th Ave NE Salem, OR 97305
$145,000 Listing Price
3 Beds
1 Baths
2,334 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1961
  • Purchase Price: $195,000
  • Open Loans: 2
  • Gross Yield: 6.514%
  • APN: 519210
  • Situs County: Marion
  • Length Of Ownership: 11 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 2,334/SqFt
  • Lot: 23,087/SqFt
  • Gross: 2,510/SqFt
  • Garage: 176/SqFt
  • Living: 2,334/SqFt
  • Building: 2,510/SqFt
  • Ground: 1,134/SqFt
  • Price Per Square Foot: $83.55

Legal Description

  • Description: ACRES .53
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gervais School District 1
  • Lat / Lon: 45.024197 / -122.95067
  • Property Class: Residential
  • Zoning: EFU
  • County Use Code: 451

Amenities

  • Plus Four: 9586
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Yes

Ownership Info

7242 55th Ave NE has no associated ownership info
7242 55th Ave NE has no associated ownership info.

Taxes

7242 55th Ave NE has 9 associated Taxes items

7242 55th 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 $177,030. The APN we've located for 7242 55th Ave is 519210.

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Taxes
  • Assessed Value:  $177,030
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  519210
  • Market Land Value:  204440
  • Tax Amount:  2438.72
  • Tax Year:  2025
  • Market Value:  349500
  • Market Year:  2025

Tax History

7242 55th Ave NE has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $177,030 Land Value Improvement Value Tax Amount $2,438.72 Change Rate +0.039306% Assessed CR Tax Rate +0.013776%
Year 2024 Assessed Value $171,880 Land Value Improvement Value Tax Amount $2,346.49 Change Rate +0.221469% Assessed CR Tax Rate +0.013652%
Year 2023 Assessed Value $166,880 Land Value Improvement Value Tax Amount $1,921.04 Change Rate +0.0284% Assessed CR Tax Rate +0.011512%
Year 2022 Assessed Value $162,020 Land Value Improvement Value Tax Amount $1,867.99 Change Rate +0.001233% Assessed CR Tax Rate +0.011529%
Year 2021 Assessed Value $157,310 Land Value Improvement Value Tax Amount $1,865.69 Change Rate +0.086257% Assessed CR Tax Rate +0.01186%
Year 2020 Assessed Value $152,730 Land Value Improvement Value Tax Amount $1,717.54 Change Rate -0.029792% Assessed CR Tax Rate +0.011246%
Year 2019 Assessed Value $148,290 Land Value Improvement Value Tax Amount $1,770.28 Change Rate +0.030107% Assessed CR Tax Rate +0.011938%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $1,718.54 Change Rate +0.045061% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $1,644.44 Change Rate +0.060669% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $1,550.38 Change Rate +0.056146% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,467.96 Change Rate Assessed CR Tax Rate