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985 Cedar Way; Salem, OR Property Details

985 Cedar Way, Salem, OR is a Single Family that was built in 1971. This property is currently a cash purchase and is not for sale. Our records show that 985 Cedar Way has 3 bedrooms, and 1.5 bathrooms, and a total of 1,194 square feet. The lot size of 985 Cedar Way is 14,810 square feet.

Off market
985 Cedar Way SE Salem, OR 97302
$273,000 Listing Price
3 Beds
1.5 Baths
1,194 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1971
  • Purchase Price: $273,000
  • Est. Equity / %: $453,000 / 100%
  • Gross Yield: 5.489%
  • APN: 591600
  • Situs County: Marion
  • Length Of Ownership: 8 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Roof Type: Hip
  • Roof Cover Type: Roll Composition

Measurements

  • Total: 1,194/SqFt
  • Lot: 14,810/SqFt
  • Gross: 1,634/SqFt
  • Garage: 440/SqFt
  • Living: 1,194/SqFt
  • Building: 1,634/SqFt
  • Ground: 1,194/SqFt
  • Garage Finished: 440/SqFt
  • Price Per Square Foot: $228.64

Legal Description

  • Description: SMITHS FRUIT FARMS NO 3 LOT FR 7 ACRES .34
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: 44.91521 / -123.03481
  • Subdivision: Smiths Fruit Farms No 3
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 3110
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

985 Cedar Way SE has no associated ownership info
985 Cedar Way SE has no associated ownership info.

Taxes

985 Cedar Way SE has 9 associated Taxes items

985 Cedar 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 $185,470. The APN we've located for 985 Cedar Way is 591600.

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Taxes
  • Assessed Value:  $185,470
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  591600
  • Market Land Value:  184500
  • Tax Amount:  3535.55
  • Tax Year:  2024
  • Market Value:  388040
  • Market Year:  2025

Tax History

985 Cedar Way SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $185,470 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,535.55 Change Rate +0.030361% Assessed CR Tax Rate
Year 2023 Assessed Value $174,830 Land Value Improvement Value Tax Amount $3,431.37 Change Rate +0.028782% Assessed CR Tax Rate +0.019627%
Year 2022 Assessed Value $169,740 Land Value Improvement Value Tax Amount $3,335.37 Change Rate +0.029394% Assessed CR Tax Rate +0.01965%
Year 2021 Assessed Value $164,800 Land Value Improvement Value Tax Amount $3,240.13 Change Rate +0.030052% Assessed CR Tax Rate +0.019661%
Year 2020 Assessed Value $160,000 Land Value Improvement Value Tax Amount $3,145.6 Change Rate +0.036459% Assessed CR Tax Rate +0.01966%
Year 2019 Assessed Value $155,340 Land Value Improvement Value Tax Amount $3,034.95 Change Rate +0.012977% Assessed CR Tax Rate +0.019537%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $2,996.07 Change Rate +0.107965% Assessed CR Tax Rate
Year 2017 Assessed Value Land Value Improvement Value Tax Amount $2,704.12 Change Rate +0.049846% Assessed CR Tax Rate
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $2,575.73 Change Rate +0.080107% Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,384.7 Change Rate +0.033286% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,307.88 Change Rate Assessed CR Tax Rate