Taxes
- Assessed Value: $514,830
- Assessed Year: 2025
- Assessed County: Marion
- APN: 584674
- Market Land Value: 82510
- Tax Amount: 10576.92
- Tax Year: 2025
- Market Value: 635830
- Market Year: 2025
725 Shipping St; Salem, OR Property Details
Off market
725 Shipping St NE Salem, OR 97301
$799,000 Listing Price
10,560 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1950
- Purchase Price: $700,000
- Open Loans / Balance: 2 / $136,244
- APN: 584674
- Situs County: Marion
- Length Of Ownership: 4 years, 7 months
Structure
- Stories: 1
Measurements
- Total: 10,560/SqFt
- Lot: 10,454/SqFt
- Gross: 10,560/SqFt
- Living: 20/SqFt
- Building: 10,560/SqFt
- Ground: 10,560/SqFt
- Price Per Square Foot: $66.29
Legal Description
- Description: NORTH SALEM WITH ADDITIONS BLOCK 61 LOT FR 4 & 5 ACRES .24
Building Insights
Land Information
- Property Type: Commercial Office
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Salem-Keizer School District 24J
- Lat / Lon: 44.95276 / -123.02592
- Subdivision: North Salem With Additions
- Property Class: Office
- Zoning: RS
- County Use Code: 201
Amenities
- Plus Four: 7133
Ownership Info
725 Shipping St NE has no associated ownership info
725 Shipping St NE has no associated ownership info.
Taxes
725 Shipping St NE has 9 associated Taxes items
725 Shipping 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 $514,830. The APN we've located for 725 Shipping St is 584674.
Unlock the full reportTax History
725 Shipping St NE has 4 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $514,830 | Land Value | Improvement Value | Tax Amount $10,576.92 | Change Rate +0.077736% | Assessed CR | Tax Rate +0.020544% |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $9,814.02 | Change Rate +0.030371% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $485,290 | Land Value | Improvement Value | Tax Amount $9,524.74 | Change Rate +0.028786% | Assessed CR | Tax Rate +0.019627% |
| Year 2022 | Assessed Value $471,160 | Land Value | Improvement Value | Tax Amount $9,258.23 | Change Rate | Assessed CR | Tax Rate +0.01965% |