252 Cottage St NE, Salem, OR 97301 Property Records

Marion County property record for 252 Cottage St NE, Salem, OR 97301

Property Summary

Property Type	Commercial Office
Lot Size	0.16 acres (6,970 sqft)
Owner	Company Name on File
Last Sale	$496,550 (Sep 2022)
Deeds & Mortgages	Sep 2022 Sale & Mortgage Feb 2019 Construction Loan + 1 more
Flood Zone	Zone X (minimal risk)
APN	`073W27AA01200`

Property Details

APN / Parcel Number

Primary APN	`073W27AA01200`
Alternative APN	`589496`

Exterior

Lot Area	6,970 sqft (0.16 acres)

Location & Zoning

Account Number	589496
Street Address	252 COTTAGE ST NE
City	SALEM
State	OR
Zip	97301
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Local Zoning Code	CR
Legal Description	SALEM LOT 7 ACRES .16
Legal Range	03W
Legal Township	07S
Legal Section	27
Legal Subdivision	SALEM
Legal Block	2
Legal Lot Number	7
Jurisdiction	MARION OR
Township / Civil Division	SALEM
Census Block Group	2
Census Block	2054
Census Tract	200

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Individually Listed	Oregon State Capitol listed 1988 · 6 contributing resources · NRIS 88001055

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

252 Cottage St NE, a commercial property, is owned by a company that bought it in September 2022.

Source: Marion County records, as of May 20, 2026

Owner of Record	Company Name on File
Mailing Address	PO BOX 110, SALEM, OR 97308-0110
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Sep 27, 2022	Special Warranty Deed, Transfer · Commercial Mortgage PIONEER TRUST BANK NA
Feb 12, 2019	Grant Deed, Construction Loan · Construction Mortgage M360 COMMUNITY DEV FUND LLC
Jan 8, 2019	Deed of Trust, Mortgage M360 CMNTY DEV FUND LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 27, 2022 · Amount on File
Deed Sale	Sep 27, 2022 · Amount on File
Prior Sale	Aug 23, 2016 · Amount on File
Deed Document Number	202240284
Deed Book / Page	4661 / 149
Record Updated	Sep 20, 2026

September 2022: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARION OR
Recording Date	Sep 27, 2022
Property Address	252 COTTAGE ST NE, SALEM, OR 97301
Document Number	0046610149
Book / Page	4661 / 149
Instrument Date	Sep 26, 2022
Transaction Type	Transfer
Record Updated	Oct 5, 2022
Title Company	TICOR TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 110, SALEM, OR 97308-0110

Mortgage

Document Number	0046610150
Date	Sep 27, 2022
Book Page	4661/150

Lender

Name	PIONEER TRUST BANK NA
Type	Bank
Address	SALEM, OR 97308

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	24 Months
Due	Sep 20, 2024

Interest

Rate Type	Adjustable Rate

February 2019: Grant Deed, Construction Loan

Document Type	Grant Deed
Jurisdiction	MARION OR
Recording Date	Feb 12, 2019
Property Address	252 COTTAGE ST NE, SALEM, OR 97301
Book / Page	004166 / 000414
Instrument Date	Feb 12, 2019
Instrument	5952
Transaction Type	Construction Loan
Record Updated	Feb 22, 2019
Title Company	TICOR TITLE INSURANCE COMPANY, TICOR TITLE

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	495 STATE ST #350 SALEM OR 973013741, 350, SALEM, OR 97301-3741

Mortgage

Document Number	0000005952
Date	Feb 12, 2019
Book Page	004166/000414
Instrument	5952

Lender

Name	M360 COMMUNITY DEV FUND LLC
Address	999 CORPORATE DR # 110, LADERA RANCH, CA 92694-2147

Agreement

Type	Construction Mortgage
Amount	Amount on Record
Term	36 Months
Due	Feb 11, 2022

January 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION OR
Property Address	252 COTTAGE ST NE, SALEM, OR 97301
Document Number	0000001083
Instrument Date	Jan 8, 2019
Transaction Type	Mortgage
Record Updated	Feb 21, 2019
Title Company	TICOR TITLE INSURANCE COMPANY, TICOR TITLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	495 STATE ST #350 SALEM OR 973013741, 350, SALEM, OR 97301-3741

Mortgage

Document Number	0000001083
Date	Jan 9, 2019
Book Page	004157/000045
Instrument	1083

Lender

Name	M360 CMNTY DEV FUND LLC
Address	999 CORPORATE DR # 110, LADERA RANCH, CA 92694-2147

Agreement

Amount	Amount on Record

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Oregon
County	Marion County
Municipality	Salem City
Unified School District	Salem-Keizer School District 24J (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Market Value
2025		$218,420 Land $206,460 Building $11,960
2023	Additional exemption filed	$218,420 Land $206,460 Building $11,960
2021		$218,420 Land $206,460 Building $11,960

Assessed market value is set for property tax purposes and is not a market price estimate.

Flood

FEMA maps place 252 Cottage St NE in Zone X, an area of minimal flood risk.

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
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 3 (35% premium discount)
Nearby Flood Policies	18 units insured incl. 11 condo units

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

Wildfire risk around 252 Cottage St NE is low, with a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 80% of the US · lower than 93% of Oregon
Wildfire Likelihood	0.01% annual chance
Exposure	None 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 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

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 163 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
AT&T Fixed Wireless	100 / 20

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

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