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260 State St, Salem, OR 97301 Property Records

Marion County property record for 260 State St, Salem, OR 97301 · Last verified April 2026

Property Summary

Property TypeCommercial Office
Details74,485 sqft · built 2020
Lot Size0.38 acres (16,553 sqft)
OwnerCompany Name on File
Last Sale$65,000 (Jun 2019)
Tax Bill$13,018 (2025)
Deeds & MortgagesDec 2021 Mortgage
Nov 2019 Line of Credit
+ 3 more
Flood ZoneZone X (minimal risk)
APN073W27BA00100

Property Details

APN / Parcel Number

Primary APN073W27BA00100
Alternative APN
  • 589319

Interior

Units202 Units
Building Area74,485 sqft Gross Area

Exterior

Year BuiltBuilt 2020
Effective Year BuiltEffective 2020
Lot Area16,553 sqft (0.38 acres)

Location & Zoning

Account Number589319
Street Address260 STATE ST
CitySALEM
StateOR
Zip97301-1825
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Legal DescriptionSALEM BLOCK 47 LOT 1 & FR 2 ACRES .38
Legal Range03W
Legal Township07S
Legal Section27
Legal SubdivisionSALEM
Legal Block47
Legal Lot Number1
JurisdictionMARION OR
Township / Civil DivisionSALEM
Census Block Group2
Census Block2048
Census Tract200

Owner

Source: Marion County records · APN 073W27BA00100

Assessment roll updated November 10, 2025 · Last verified April 2026

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

Owner of RecordCompany Name on File
Mailing Address1830 BICKFORD AVE, 201, SNOHOMISH, WA 98290-1750
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
Dec 10, 2021Deed of Trust, Mortgage · Commercial Mortgage
HOMESTREET BANK
Nov 27, 2019Grant Deed, Mortgage · Line of Credit
HOMESTREET BK
Jun 21, 2019Warranty Deed, Transfer
NOT AVAILABLE
Jun 21, 2019Quit Claim Deed, Transfer
NOT AVAILABLE
Jun 21, 2019Warranty Deed, Transfer
AMERITITLE

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJun 21, 2019 · Amount on Record
Deed SaleJun 21, 2019 · Amount on Record
Prior SaleDec 31, 2012
Deed Book / Page4209 / 271
Prior Transfer DateJun 18, 2019
Prior Transfer Doc0000027308
Record UpdatedJun 08, 2026

December 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION OR
Property Address121 COMMERCIAL ST SE, SALEM, OR 97301-3308
Transaction TypeMortgage
Record UpdatedMar 10, 2023
Title CompanyAMERITITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0045720287
DateDec 10, 2021
Book Page4572/287
Lender
NameHOMESTREET BANK
TypeBank
AddressSEATTLE, WA 98101
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term181 Months
DueJan 01, 2037

November 2019: Grant Deed, Mortgage

Document TypeGrant Deed
JurisdictionMARION OR
Recording DateNov 27, 2019
Property Address121 COMMERCIAL ST SE, SALEM, OR 97301-3308
Book / Page004271 / 000430
Instrument DateNov 27, 2019
Instrument58468
Transaction TypeMortgage
Record UpdatedDec 13, 2019
Title CompanyAMERITITLE

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1830 BICKFORD AVE #201 SNOHOMISH WA 982901750, 201, SNOHOMISH, WA 98290-1750

Mortgage

Document Number0000058468
DateNov 27, 2019
Book Page004271/000430
Instrument58468
Lender
NameHOMESTREET BK
TypeBank
Address601 UNION ST # 2000, SEATTLE, WA 98101-1378
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

June 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION OR
Recording DateJun 21, 2019
Property Address121 COMMERCIAL ST SE, SALEM, OR 97301-3308
Document Number0000027307
Book / Page004209 / 000269
Instrument DateJun 18, 2019
Instrument27307
Transaction TypeTransfer
Record UpdatedJul 02, 2019
Title CompanyNOT AVAILABLE

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address735 TILLMAN AVE SE SALEM OR 973023783, SALEM, OR 97302-3783

June 2019: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionMARION OR
Recording DateJun 21, 2019
Property Address121 COMMERCIAL ST SE, SALEM, OR 97301-3308
Document Number0000027308
Book / Page004209 / 000270
Instrument DateJun 18, 2019
Instrument27308
Transaction TypeTransfer
Record UpdatedJul 02, 2019
Title CompanyNOT AVAILABLE

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife

June 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION OR
Recording DateJun 21, 2019
Property Address121 COMMERCIAL ST SE, SALEM, OR 97301-3308
Document Number0000027309
Book / Page004209 / 000271
Instrument DateJun 18, 2019
Instrument27309
Transaction TypeTransfer
Record UpdatedJul 02, 2019
Title CompanyAMERITITLE

Transaction

AmountAmount Recorded
Tax$650.00
Amount AccuracyConfirmed
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1830 BICKFORD AVE #201 SNOHOMISH WA 982901750, 201, SNOHOMISH, WA 98290-1750

Tax Assessment & Valuation

Source: Marion County records · Assessment roll updated November 10, 2025 · Last verified April 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$13,018.00 (+7.77%)$633,650 (+3%)$1,570,330 (-93.43%) Land $491,070 Building $1,079,260
2024$12,079.00 (+3.05%)$615,200 (+3%)$23,902,190 (-) Land $491,070 Building $23,411,120
2023$11,722.00 (+2.87%)$597,290 (+3%)$23,902,190 (+1,543.11%) Land $491,070 Building $23,411,120
2022$11,395.00$579,900$1,454,690 Land $491,070 Building $963,620

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Marion County (41047C), updated September 30, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 410470002002, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo
Flood Insurance CostPremium on Record
median of 7 individual NFIP policies nearby
Community Rating SystemClass 3 (35% premium discount)
Nearby Flood Policies18 units insured (11 under condo master policies)
4 of 7 individual policies on primary residences

Wildfire

Wildfire RiskLow
above 20% of the US · above 6% of Oregon
Wildfire LikelihoodAbout 1 in 10,000 per year
ExposureIndirect
within ember reach

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.

Historic Designation

Source: NPS National Register of Historic Places · August 1, 2026 release · Last verified October 2026

Historic DistrictWithin the Salem Downtown State Street-Commercial Street Historic District
listed 2001 · 59 contributing resources · NRIS 01001067

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

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