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7500 Spring Valley Rd; Salem, OR Property Details

7500 Spring Valley Rd, Salem, OR is a Farm Land that was built in 1968. This property is currently Financed and is for sale. Our records show that 7500 Spring Valley Rd has 4 bedrooms, and 2 bathrooms, and a total of 3,816 square feet. The lot size of 7500 Spring Valley Rd is 87,120 square feet.

On Market for 227 days
7500 Spring Valley Rd NW Salem, OR 97304
$1,115,000 Listing Price
4 Beds
2 Baths
3,816 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1968
  • Purchase Price: $975,000
  • Open Loans / Balance: 2 / $739,822
  • Est. Equity / %: $130,178 / 14.96%
  • APN: 277013
  • Situs County: Polk
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9

Structure

  • Stories: 1
  • Roof Type: Hip
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Septic
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 3,816/SqFt
  • Lot: 87,120/SqFt
  • Gross: 3,816/SqFt
  • Garage: 576/SqFt
  • Living: 3,240/SqFt
  • Basement: 1,620/SqFt
  • Building: 4,986/SqFt
  • Ground: 1,620/SqFt
  • Basement Finished: 1,620/SqFt
  • Price Per Square Foot: $255.50

Legal Description

  • Description: ONE STORY WITH BASEMENT
Building Insights

Land Information

  • Property Type: Farm land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Salem-Keizer School District 24J
  • Lat / Lon: 45.042347 / -123.11045
  • Subdivision: Oak Knoll Place
  • Property Class: Agricultiral
  • Zoning: EFU
  • County Use Code: 451

Amenities

  • Plus Four: 9750
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

7500 Spring Valley Rd NW has no associated ownership info
7500 Spring Valley Rd NW has no associated ownership info.

Taxes

7500 Spring Valley Rd NW has 10 associated Taxes items

7500 Spring Valley Rd, Salem, OR pays taxes in Polk County, OR. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $291,495. The APN we've located for 7500 Spring Valley Rd is 277013.

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Taxes
  • Assessed Value:  $291,495
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  277013
  • Assessed Land Value:  22505
  • Market Land Value:  160980
  • Tax Amount:  3408.66
  • Tax Year:  2025
  • Market Value:  707790
  • Market Year:  2026

Tax History

7500 Spring Valley Rd NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $291,495 Land Value $22,505 Improvement Value $268,990 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,408.66 Change Rate +0.029754% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,310.17 Change Rate +0.023857% Assessed CR Tax Rate
Year 2023 Assessed Value $287,865 Land Value $20,945 Improvement Value $266,920 Tax Amount $3,233.04 Change Rate +0.119652% Assessed CR Tax Rate +0.011231%
Year 2022 Assessed Value $239,999 Land Value $20,459 Improvement Value $219,540 Tax Amount $2,887.54 Change Rate +0.032433% Assessed CR Tax Rate +0.012031%
Year 2021 Assessed Value $233,133 Land Value $19,983 Improvement Value $213,150 Tax Amount $2,796.83 Change Rate +0.028356% Assessed CR Tax Rate +0.011997%
Year 2020 Assessed Value $226,477 Land Value $19,527 Improvement Value $206,950 Tax Amount $2,719.71 Change Rate +0.037689% Assessed CR Tax Rate +0.012009%
Year 2019 Assessed Value $220,011 Land Value $19,081 Improvement Value $200,930 Tax Amount $2,620.93 Change Rate +0.018363% Assessed CR Tax Rate +0.011913%
Year 2018 Assessed Value $213,726 Land Value $18,646 Improvement Value $195,080 Tax Amount $2,573.67 Change Rate +0.146932% Assessed CR Tax Rate +0.012042%
Year 2017 Assessed Value $207,620 Land Value $18,220 Improvement Value $189,400 Tax Amount $2,243.96 Change Rate +0.017351% Assessed CR Tax Rate +0.010808%
Year 2016 Assessed Value $201,695 Land Value $17,805 Improvement Value $183,890 Tax Amount $2,205.69 Change Rate -0.004998% Assessed CR Tax Rate +0.010936%
Year 2015 Assessed Value $195,940 Land Value $17,400 Improvement Value $178,540 Tax Amount $2,216.77 Change Rate +0.053308% Assessed CR Tax Rate +0.011314%
Year 2014 Assessed Value $190,355 Land Value $17,005 Improvement Value $173,350 Tax Amount $2,104.58 Change Rate Assessed CR Tax Rate +0.011056%