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7402 Lofty Loop; Salem, OR Property Details

7402 Lofty Loop, Salem, OR is a Rural Residence that was built in 1990. This property is currently Financed and is not for sale. Our records show that 7402 Lofty Loop has 4 bedrooms, and 1.5 bathrooms, and a total of 2,082 square feet. The lot size of 7402 Lofty Loop is 108,464 square feet.

Off market
7402 Lofty Loop SE Salem, OR 97317
$410,400 Estimated Value
4 Beds
1.5 Baths
2,082 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1990
  • Purchase Price: $315,000
  • Open Loans / Balance: 1 / $77,776
  • Est. Equity / %: $731,224 / 90.39%
  • Gross Yield: 5.982%
  • APN: 553513
  • Situs County: Marion
  • Length Of Ownership: 22 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 1
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 2,082/SqFt
  • Lot: 108,464/SqFt
  • Gross: 2,770/SqFt
  • Garage: 688/SqFt
  • Living: 2,082/SqFt
  • Building: 2,770/SqFt
  • Ground: 1,058/SqFt
  • Garage Finished: 688/SqFt
  • Price Per Square Foot: $151.30

Legal Description

  • Description: LOFTY-LEA ESTATES BLOCK 2 LOT 11 ACRES 2.49
Building Insights

Land Information

  • Property Type: Rural Residence
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cascade School District 5
  • Lat / Lon: 44.874283 / -122.91056
  • Subdivision: Lofty-Lea Estates
  • Property Class: Residential
  • Zoning: AR
  • County Use Code: 401

Amenities

  • Plus Four: 9151
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

7402 Lofty Loop SE has no associated ownership info
7402 Lofty Loop SE has no associated ownership info.

Taxes

7402 Lofty Loop SE has 9 associated Taxes items

7402 Lofty Loop, 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 $410,400. The APN we've located for 7402 Lofty Loop is 553513.

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Taxes
  • Assessed Value:  $410,400
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  553513
  • Market Land Value:  327280
  • Tax Amount:  4734.06
  • Tax Year:  2024
  • Market Value:  699040
  • Market Year:  2025

Tax History

7402 Lofty Loop SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $410,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $398,450 Land Value Improvement Value Tax Amount $4,734.06 Change Rate +0.024451% Assessed CR Tax Rate +0.011881%
Year 2023 Assessed Value $386,850 Land Value Improvement Value Tax Amount $4,621.07 Change Rate +0.033787% Assessed CR Tax Rate +0.011945%
Year 2022 Assessed Value $375,590 Land Value Improvement Value Tax Amount $4,470.04 Change Rate Assessed CR Tax Rate +0.011901%
Year 2021 Assessed Value $364,660 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $354,040 Land Value Improvement Value Tax Amount $4,258.48 Change Rate +0.020359% Assessed CR Tax Rate +0.012028%
Year 2019 Assessed Value $343,730 Land Value Improvement Value Tax Amount $4,173.51 Change Rate +0.020812% Assessed CR Tax Rate +0.012142%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $4,088.42 Change Rate +0.030267% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $3,968.31 Change Rate +0.028531% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,858.23 Change Rate +0.028102% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,752.77 Change Rate +0.026783% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,654.88 Change Rate Assessed CR Tax Rate