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948 Shipping St; Salem, OR Property Details

948 Shipping St, Salem, OR is a Single Family that was built in 1928. This property is currently a cash purchase and is not for sale. Our records show that 948 Shipping St has 1 bedroom, and 1 bathroom, and a total of 1,921 square feet. The lot size of 948 Shipping St is 4,356 square feet.

Off market
948 Shipping St NE Salem, OR 97301
$694,000 Listing Price
1 Beds
1 Baths
1,921 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1928
  • Purchase Price: $160,000
  • Est. Equity / %: $413,000 / 100%
  • Gross Yield: 7.244%
  • APN: 584754
  • Situs County: Marion
  • Length Of Ownership: 20 years, 3 months

Rooms

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

Structure

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

Measurements

  • Total: 1,921/SqFt
  • Lot: 4,356/SqFt
  • Attic: 853/SqFt
  • Gross: 2,793/SqFt
  • Garage: 504/SqFt
  • Living: 1,921/SqFt
  • Basement: 872/SqFt
  • Building: 2,793/SqFt
  • Ground: 1,068/SqFt
  • Attic Finished: 853/SqFt
  • Garage Unfinished: 504/SqFt
  • Price Per Square Foot: $83.29

Legal Description

  • Description: NORTH SALEM WITH ADDITIONS BLOCK 73 ACRES .10
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: 44.951622 / -123.02305
  • Subdivision: North Salem With Additions
  • Property Class: Residential
  • Zoning: RM2
  • County Use Code: 101

Amenities

  • Plus Four: 7813
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

948 Shipping St NE has no associated ownership info
948 Shipping St NE has no associated ownership info.

Taxes

948 Shipping St NE has 9 associated Taxes items

948 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 $218,330. The APN we've located for 948 Shipping St is 584754.

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Taxes
  • Assessed Value:  $218,330
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  584754
  • Market Land Value:  137040
  • Tax Amount:  4162.06
  • Tax Year:  2024
  • Market Value:  451250
  • Market Year:  2025

Tax History

948 Shipping St NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $218,330 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $211,980 Land Value Improvement Value Tax Amount $4,162.06 Change Rate +0.030368% Assessed CR Tax Rate +0.019634%
Year 2023 Assessed Value $205,810 Land Value Improvement Value Tax Amount $4,039.39 Change Rate +0.028767% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $199,820 Land Value Improvement Value Tax Amount $3,926.44 Change Rate +0.029421% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $194,000 Land Value Improvement Value Tax Amount $3,814.22 Change Rate +0.030049% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $188,350 Land Value Improvement Value Tax Amount $3,702.95 Change Rate +0.036416% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $182,870 Land Value Improvement Value Tax Amount $3,572.84 Change Rate +0.01298% Assessed CR Tax Rate +0.019538%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $3,527.06 Change Rate +0.107978% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $3,183.33 Change Rate +0.049873% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $3,032.11 Change Rate -0.007486% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,054.98 Change Rate +0.072638% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,848.1 Change Rate Assessed CR Tax Rate