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987 Limelight Ave; Salem, OR Property Details

987 Limelight Ave, Salem, OR is a Single Family that was built in 2004. This property is currently Financed and is not for sale. Our records show that 987 Limelight Ave has 3 bedrooms, and 3 bathrooms, and a total of 2,181 square feet. The lot size of 987 Limelight Ave is 12,700 square feet.

Off market
987 Limelight Ave NW Salem, OR 97304
$450,000 Listing Price
3 Beds
3 Baths
2,181 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2004
  • Purchase Price: $450,000
  • Open Loans / Balance: 2 / $429,313
  • Est. Equity / %: $88,687 / 17.12%
  • Gross Yield: 6.512%
  • APN: 562536
  • Situs County: Polk
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 9

Structure

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

Measurements

  • Total: 2,181/SqFt
  • Lot: 12,700/SqFt
  • Gross: 2,621/SqFt
  • Garage: 440/SqFt
  • Living: 2,181/SqFt
  • Building: 2,621/SqFt
  • Ground: 1,022/SqFt
  • Price Per Square Foot: $206.33

Legal Description

  • Description: HIDDEN SPRINGS ESTATES LOT 2
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: 44.948265 / -123.0932
  • Subdivision: Hidden Springs Estates
  • Property Class: Residential
  • Zoning: RS
  • County Use Code: 101

Amenities

  • Plus Four: 3443
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

987 Limelight Ave NW has no associated ownership info
987 Limelight Ave NW has no associated ownership info.

Taxes

987 Limelight Ave NW has 10 associated Taxes items

987 Limelight Ave, 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 $287,670. The APN we've located for 987 Limelight Ave is 562536.

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Taxes
  • Assessed Value:  $287,670
  • Assessed Year:  2026
  • Assessed County:  Polk
  • APN:  562536
  • Assessed Land Value:  87420
  • Market Land Value:  160000
  • Tax Amount:  5517.67
  • Tax Year:  2025
  • Market Value:  488520
  • Market Year:  2026

Tax History

987 Limelight Ave NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $287,670 Land Value $87,420 Improvement Value $200,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,517.67 Change Rate +0.079732% Assessed CR Tax Rate
Year 2024 Assessed Value $271,170 Land Value $82,400 Improvement Value $188,770 Tax Amount $5,110.22 Change Rate +0.029863% Assessed CR Tax Rate +0.018845%
Year 2023 Assessed Value $263,280 Land Value $80,000 Improvement Value $183,280 Tax Amount $4,962.04 Change Rate +0.033057% Assessed CR Tax Rate +0.018847%
Year 2022 Assessed Value $255,620 Land Value $77,670 Improvement Value $177,950 Tax Amount $4,803.26 Change Rate +0.029377% Assessed CR Tax Rate +0.018791%
Year 2021 Assessed Value $248,180 Land Value $75,410 Improvement Value $172,770 Tax Amount $4,666.18 Change Rate +0.030555% Assessed CR Tax Rate +0.018802%
Year 2020 Assessed Value $240,960 Land Value $73,210 Improvement Value $167,750 Tax Amount $4,527.83 Change Rate +0.036155% Assessed CR Tax Rate +0.018791%
Year 2019 Assessed Value $233,950 Land Value $71,070 Improvement Value $162,880 Tax Amount $4,369.84 Change Rate +0.016876% Assessed CR Tax Rate +0.018679%
Year 2018 Assessed Value $227,140 Land Value $69,000 Improvement Value $158,140 Tax Amount $4,297.32 Change Rate +0.109604% Assessed CR Tax Rate +0.018919%
Year 2017 Assessed Value $220,530 Land Value $66,990 Improvement Value $153,540 Tax Amount $3,872.84 Change Rate +0.024423% Assessed CR Tax Rate +0.017562%
Year 2016 Assessed Value $214,110 Land Value $65,040 Improvement Value $149,070 Tax Amount $3,780.51 Change Rate -0.00843% Assessed CR Tax Rate +0.017657%
Year 2015 Assessed Value $207,880 Land Value $63,150 Improvement Value $144,730 Tax Amount $3,812.65 Change Rate +0.046554% Assessed CR Tax Rate +0.018341%
Year 2014 Assessed Value $201,830 Land Value $61,310 Improvement Value $140,520 Tax Amount $3,643.05 Change Rate Assessed CR Tax Rate +0.01805%