3430 48thSalem, OR 97305

  • Mixed-use properties
  • 4,780 SF
Off market
$2,504,700 Estimated

Property Details for 3430 48th

Year built
1950
Lot size
0.25 AC
Property size (Sq ft)
4,780 SF
Zone code
CR
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
072W17BB00500
APU
072W17BB00500

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,088,902
    6.5%
    $1,005,140
    7%
    $933,345
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,166,948
    Geo Method
    $1,426,825
  • Alternative Use

    Use
    Valuation
    Residential
    $1,005,140
    Hospitality
    $920,703
    Educational
    $766,014
    Medical
    $792,359
    Retail
    $1,191,578
3430 48th, Salem, Oregon
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Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.9689
Longitude
-122.965
CBSA code
41420
CBSA name
SALEM, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,453
-
-
$214,310
-
$89,400
$203,570
$292,970

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