Marion County property record for 1550 State St, Salem, OR 97301
| Property Type | Commercial Office |
|---|---|
| Details | 15,173 sqft · built 1977 |
| Lot Size | 0.59 acres (25,700 sqft) |
| Owner | Company Name on File |
| Tax Bill | $46,799 (2025) |
| Deeds & Mortgages | Jun 2023 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 073W26BD07600 |
| Primary APN | 073W26BD07600 |
|---|---|
| Alternative APN |
|
| Stories | 2 Stories |
|---|---|
| Building Area | 15,173 sqft Gross Area |
| 1st Floor Area | 15,173 sqft |
| Year Built | Built 1977 |
|---|---|
| Effective Year Built | Effective 1977 |
| Lot Area | 25,700 sqft (0.59 acres) |
| Account Number | 595177 |
|---|---|
| Street Address | 1550 STATE ST |
| City | SALEM |
| State | OR |
| Zip | 97301-4254 |
| Property Category | Commercial |
| Property Type | Commercial > Office > Commercial Office |
| Local Zoning Code | MU-I |
| Legal Description | UNIVERSITY ADDITION TO THE CITY OF SALEM BLOCK 32 LOT 1 ACRES .59 |
| Legal Range | 03W |
| Legal Township | 07S |
| Legal Section | 26 |
| Legal Subdivision | UNIVERSITY ADDITION TO THE CITY OF SALEM |
| Legal Block | 32 |
| Legal Lot Number | 1 |
| Jurisdiction | MARION OR |
| Township / Civil Division | SALEM |
| Census Block Group | 4 |
| Census Block | 4003 |
| Census Tract | 900 |
Source: NPS National Register of Historic Places, as of August 1, 2026
| Historic District | Within the Court Street-Chemeketa Street Historic District listed 1987 · 99 contributing resources · NRIS 87001373 |
|---|
Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.
1550 State St, a commercial property, is owned by a company.
Source: Marion County records, as of April 16, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 1550 STATE ST, SALEM, OR 97301-4254 |
| Owner Type | Company |
| Vesting | Limited Liability Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Record Updated | Jun 8, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MARION OR |
| Property Address | 1550 STATE ST, SALEM, OR 97301-4254 |
| Transaction Type | Mortgage |
| Record Updated | Jun 21, 2023 |
| Title Company | AMERITITLE |
| Name | Verified Name |
|---|
| Document Number | 0047120151 |
|---|---|
| Date | Jun 5, 2023 |
| Book Page | 4712/151 |
| Instrument | 2023 00015566 |
| Name | KEY BANK NA |
|---|---|
| Type | Bank |
| Address | LEAWOOD, KS 66211 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount on Record |
The 2025 property tax bill for 1550 State St was $46,799, up 7.8% from the year before.
Source: Marion County assessment roll, as of November 10, 2025
| Type | Name |
|---|---|
| State | Oregon |
| County | Marion County |
| Municipality | Salem City |
| Unified School District | Salem-Keizer School District 24J (KG - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $46,799.00 (+7.77%) | $2,277,960 (+3%) | $3,042,940 (-) Land $322,500 Building $2,720,440 |
| 2024 | $43,423.00 (+3.04%) | $2,211,620 (+3%) | $3,042,940 (-) Land $322,500 Building $2,720,440 |
| 2023 | $42,143.00 (+2.88%) | $2,147,210 (+3%) | $3,042,940 (-) Land $322,500 Building $2,720,440 |
| 2022 | $40,963.00 | $2,084,670 | $3,042,940 Land $322,500 Building $2,720,440 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 1550 State St in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.
Source: FEMA National Flood Hazard Layer, effective September 30, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone AE, within 500 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on File median of 16 policies |
| Community Rating System | Class 3 (35% premium discount) |
| Nearby Flood Policies | 16 in force |
| Nearby Flood Claims | 6 (1996–2024) |
| Claims Outside the SFHA | 2 of 6 |
| Most Recent Claim | Nov 2024 · other causes |
| Claims by Event |
|
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
The area around 1550 State St has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | SALEM PUBLIC WORKS serves 199,820 people · EPA ID OR4100731 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Jul 2023 |
| Lead | 2 ppb (2025) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 348 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 2,000 / 250 |
| Alyrica Fixed Wireless | 400 / 50 |
| Verizon Fixed Wireless | 300 / 20 |
| AT&T Fixed Wireless | 100 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
May also be available: CenturyLink, Hunter Communications.
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