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725 Welcome Way; Salem, OR Property Details

725 Welcome Way, Salem, OR is a Single Family that was built in 1976. This property is currently a cash purchase and is not for sale. Our records show that 725 Welcome Way has 2 bedrooms, and 2 bathrooms, and a total of 1,546 square feet. The lot size of 725 Welcome Way is 11,326 square feet.

Off market
725 Welcome Way SE Salem, OR 97302
$245,000 Listing Price
2 Beds
2 Baths
1,546 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1976
  • Purchase Price: $245,000
  • Open Loans / Balance: 1 / $124,192
  • Est. Equity / %: $325,808 / 72.4%
  • Gross Yield: 6.195%
  • APN: 565217
  • Situs County: Marion
  • Length Of Ownership: 9 years, 5 months

Rooms

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

Structure

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

Measurements

  • Total: 1,546/SqFt
  • Lot: 11,326/SqFt
  • Gross: 1,546/SqFt
  • Garage: 690/SqFt
  • Living: 1,546/SqFt
  • Building: 1,546/SqFt
  • Ground: 1,546/SqFt
  • Garage Finished: 690/SqFt
  • Price Per Square Foot: $158.47

Legal Description

  • Description: ALDER BROOK MANOR IN SALEM BLOCK 1 LOT 14 ACRES .26
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: 44.89467 / -123.03935
  • Subdivision: Alder Brook Manor In Salem
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 3935
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

725 Welcome Way SE has no associated ownership info
725 Welcome Way SE has no associated ownership info.

Taxes

725 Welcome Way SE has 9 associated Taxes items

725 Welcome Way, 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 $253,650. The APN we've located for 725 Welcome Way is 565217.

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Taxes
  • Assessed Value:  $253,650
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  565217
  • Market Land Value:  165000
  • Tax Amount:  5211.11
  • Tax Year:  2025
  • Market Value:  456650
  • Market Year:  2025

Tax History

725 Welcome Way SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $253,650 Land Value Improvement Value Tax Amount $5,211.11 Change Rate +0.077709% Assessed CR Tax Rate +0.020544%
Year 2024 Assessed Value $246,270 Land Value Improvement Value Tax Amount $4,835.36 Change Rate +0.030374% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $239,100 Land Value Improvement Value Tax Amount $4,692.82 Change Rate +0.028784% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $232,140 Land Value Improvement Value Tax Amount $4,561.52 Change Rate +0.029414% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $225,380 Land Value Improvement Value Tax Amount $4,431.18 Change Rate +0.030028% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $218,820 Land Value Improvement Value Tax Amount $4,302 Change Rate +0.036434% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $212,450 Land Value Improvement Value Tax Amount $4,150.77 Change Rate +0.012978% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $4,097.59 Change Rate +0.107948% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $3,698.36 Change Rate +0.049862% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,522.71 Change Rate -0.00748% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,549.26 Change Rate +0.033275% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,434.96 Change Rate Assessed CR Tax Rate