2425 25th St SE, Salem, OR 97302 Property Records

Marion County property record for 2425 25th St SE, Salem, OR 97302

Property Summary

Property TypeCommercial Office
Details15,000 sqft · built 1977
Lot Size1.25 acres (54,450 sqft)
OwnerCompany Name on Record
Last Sale$2,200,000 (Sep 2026)
Tax Bill$26,114 (2025)
Deeds & MortgagesSep 2026 Sale & Mortgage
Aug 2026 Foreclosure
+ 4 more
Flood ZoneZone X (moderate risk)
APN073W35DA00500

Property Details

APN / Parcel Number

Primary APN073W35DA00500
Alternative APN
  • 582575

Interior

Stories1 Story
Building Area15,000 sqft Gross Area
1st Floor Area15,000 sqft

Exterior

Year BuiltBuilt 1977
Effective Year BuiltEffective 1977
Lot Area54,450 sqft (1.25 acres)

Location & Zoning

Account Number582575
Street Address2425 25TH ST SE, 2475
CitySALEM
StateOR
Zip97302-1137
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Local Zoning CodeIC
Legal DescriptionMILLERS MILL CREEK RURAL HOME TRACTS LOT FR 10 & 11 ACRES 1.25
Legal Range03W
Legal Township07S
Legal Section35
Legal SubdivisionMILLERS MILL CREEK RURAL HOME TRACTS
Legal Lot Number10,11
JurisdictionMARION OR
Township / Civil DivisionSALEM
Census Block Group1
Census Block1030
Census Tract1000

Owner

Source: Marion County records, as of October 13, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address152 MAIN ST W, MONMOUTH, OR 97361-2135
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Sep 18, 2026Bargain and Sale Deed, Transfer · Seller Carry-Back
PIONEER TRUST BANK
Aug 21, 2026Sheriff's Deed, Foreclosure
NONE LISTED ON DOCUMENT
May 21, 2021Deed of Trust, Construction Loan · Line of Credit
PIONEER TR BK
Feb 26, 2020Deed of Trust, Mortgage
PIONEER TR BK
Feb 26, 2020Deed of Trust, Mortgage
PIONEER TR BK
Feb 15, 2019Warranty Deed, Transfer
MAPS CU

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 18, 2026 · Amount on Record
Deed SaleSep 18, 2026 · Amount on Record
Prior SaleAug 21, 2026 · Amount on Record
Deed Document Number202631771
Record UpdatedOct 29, 2026

September 2026: Bargain and Sale Deed, Transfer

Document TypeBargain and Sale Deed
JurisdictionMARION OR
Recording DateSep 18, 2026
Property Address2425 25TH ST SE, 2475, SALEM, OR 97302-1137
Document Number0000031771
Instrument DateSep 17, 2026
Instrument202631771
Transaction TypeTransfer
Record UpdatedOct 6, 2026
Title CompanyAMERITITLE

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership
Address152 MAIN ST W, MONMOUTH, OR 97361-2135

Mortgage

Document Number0000031772,
DateSep 18, 2026
Instrument202631772
Lender
NamePIONEER TRUST BANK
Special NotesSeller Financed
Agreement
TypeSeller Carry-Back
AmountAmount Recorded
Term60 Months
DueOct 1, 2031
Interest
Max Rate-1%

August 2026: Sheriff's Deed, Foreclosure

Document TypeSheriff's Deed
JurisdictionMARION OR
Recording DateAug 21, 2026
Property Address2425 25TH ST SE, 2475, SALEM, OR 97302-1137
Document Number0000028774
Instrument DateAug 21, 2026
Instrument202628774
Transaction TypeForeclosure
Record UpdatedSep 9, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFull Amount Stated

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany

May 2021: Deed of Trust, Construction Loan

Document TypeDeed of Trust
JurisdictionMARION OR
Recording DateMay 21, 2021
Property Address2425 25TH ST SE, SALEM, OR 97302-1137
Document Number0000031027
Book / Page004492 / 000350
Instrument DateMay 12, 2021
Instrument31027
Transaction TypeConstruction Loan
Record UpdatedMay 28, 2021
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2475 25TH ST SE SALEM OR 97302, SALEM, OR 97302

Mortgage

Document Number0000031027
DateMay 21, 2021
Book Page004492/000350
Instrument31027
Lender
NamePIONEER TR BK
TypeBank
AddressSALEM, OR 97308
Agreement
TypeLine of Credit
AmountAmount Recorded
Term12 Months
DueMay 20, 2022
Interest
Rate TypeAdjustable Rate

February 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION OR
Property Address2425 25TH ST SE, SALEM, OR 97302-1137
Document Number0000010302
Instrument DateFeb 26, 2020
Transaction TypeMortgage
Record UpdatedMar 16, 2020
Title CompanyTICOR TITLE INSURANCE COMPANY, TICOR TITLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address4676 COMMERCIAL ST SE #A-3 SALEM OR 973021902, A-3, SALEM, OR 97302-1902

Mortgage

Document Number0000010302
DateFeb 27, 2020
Book Page004304/000420
Instrument10302
Lender
NamePIONEER TR BK
TypeBank
Address109 COMMERCIAL ST NE, SALEM, OR 97301-3402
Agreement
AmountAmount Recorded
Term60 Months
DueFeb 26, 2025

February 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION OR
Property Address2425 25TH ST SE, SALEM, OR 97302-1137
Document Number0000010302
Instrument DateFeb 26, 2020
Transaction TypeMortgage
Record UpdatedDec 11, 2020
Title CompanyTICOR TITLE INSURANCE COMPANY, TICOR TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address4676 COMMERCIAL ST SE #A-3 SALEM OR 973021902, A-3, SALEM, OR 97302-1902

Mortgage

Document Number0000010302
DateFeb 27, 2020
Book Page004304/000420
Instrument10302
Lender
NamePIONEER TR BK
TypeBank
Address109 COMMERCIAL ST NE, SALEM, OR 97301-3402
Agreement
AmountAmount Recorded
Term60 Months
DueFeb 26, 2025

February 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION OR
Recording DateFeb 15, 2019
Property Address2425 25TH ST SE, SALEM, OR 97302-1137
Document Number0000006361
Book / Page004167 / 000323
Instrument DateFeb 13, 2019
Instrument6361
Transaction TypeTransfer
Record UpdatedFeb 22, 2019
Title CompanyTICOR TITLE INSURANCE COMPANY, TICOR TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,900.00
Amount AccuracyConfirmed

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address4676 COMMERCIAL ST SE SALEM OR 973021902, SALEM, OR 97302-1902

Mortgage

Document Number6362
DateFeb 15, 2019
Book Page004167/000324
Instrument6362
Lender
NameMAPS CU
TypeCredit Union
AddressPO BOX 12398, SALEM, OR 97309-0398
Agreement
AmountAmount Recorded
Term120 Months
DueFeb 14, 2029

Tax Assessment & Valuation

Source: Marion County assessment roll, as of November 10, 2025

Property Jurisdictions

TypeName
StateOregon
CountyMarion County
MunicipalitySalem City
Unified School DistrictSalem-Keizer School District 24J (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$26,114.00 (+7.77%)$1,271,140 (+3%)$2,302,620 (+72.2%) Land $371,840 Building $1,930,780
2024$24,231.00 (+3.04%)$1,234,120 (+3%)$1,337,210 (-1.22%) Land $371,840 Building $965,370
2023$23,516.00 (+2.88%)$1,198,180 (+3%)$1,353,760 (+7.83%) Land $388,390 Building $965,370
2022$22,858.00$1,163,290$1,255,500 Land $388,390 Building $867,110

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 30, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone AO, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 65 policies
Community Rating SystemClass 3 (35% premium discount)
Nearby Flood Policies65 in force
Nearby Flood Claims13 (1992–2015)
Most Recent ClaimDec 2015 · rainfall accumulation
Claims by Event
  • High Winds, Severe Storms And Flooding, Feb 1996 · 10 claims

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.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 99.8% of Oregon
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemSALEM PUBLIC WORKS
serves 199,820 people · EPA ID OR4100731
Water SourceSurface water
Last State InspectionJul 2023
Lead2 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 108 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
AT&T
Fixed Wireless
100 / 20

May also be available: CenturyLink, Datavision Communications, Hunter Communications, T-Mobile, Verizon.

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