264 Lancaster Dr SE, Salem, OR 97317 Property Records

Marion County property record for 264 Lancaster Dr SE, Salem, OR 97317 · Last verified March 2026

Property Summary

Property Type	Commercial
Details	5,100 sqft · built 1994
Lot Size	0.269 acres (11,761 sqft)
Owner	Individual Name on File
Last Sale	$1,000,000 (Sep 2024)
Tax Bill	$2,649 (2025)
Deeds & Mortgages	Jul 2026 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`072W30CD06600`

Property Details

APN / Parcel Number

Primary APN	`072W30CD06600`
Alternative APN	`545268`

Interior

Building Area	5,100 sqft Living Area
1st Floor Area	5,100 sqft

Exterior

Year Built	Built 1994
Lot Area	11,761 sqft (0.269 acres)

Location & Zoning

Account Number	545268
Street Address	264 LANCASTER DR SE
City	SALEM
State	OR
Zip	97317-5333
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LEO N CHILDS SUB-DIV FR LOT 17 BLK 1
Legal Range	02W
Legal Township	07
Legal Section	30
Legal Quarter	SW
Quarter-Quarter Section	SE
Legal Subdivision	LEO N CHILDS SUBDIVISION
Legal Block	1
Legal Lot Number	17
Jurisdiction	MARION OR
Township / Civil Division	SALEM
Census Block Group	4
Census Block	4006
Census Tract	1801

Owner

Source: Marion County records · APN 072W30CD06600

Assessment roll updated September 30, 2025 · Last verified March 2026

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

Owner of Record	Individual Name on File
Mailing Address	264 LANCASTER DR SE, SALEM, OR 97317-5333
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Sep 03, 2024 · Amount on Record
Deed Sale	Sep 03, 2024 · Amount on Record
Deed Document Number	2024-27223
Record Updated	Sep 20, 2026

July 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION OR
Recording Date	Jul 13, 2026
Property Address	264 LANCASTER DR SE, SALEM, OR 97317-5333
Document Number	0000023939
Instrument Date	Jul 13, 2026
Instrument	202623939
Transaction Type	Mortgage
Record Updated	Jul 24, 2026
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1233 SCEPTER WAY NE, SALEM, OR 97301-2043

Mortgage

Document Number	0000023939,
Date	Jul 13, 2026
Instrument	202623939

Lender

Name	MORTON FSB

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Interest

Rate	6.52%
Max Rate	-1%

Tax Assessment & Valuation

Source: Marion County records · Assessment roll updated September 30, 2025 · Last verified March 2026

Property Jurisdictions

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

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,649.00 (+3.23%)	$154,240 (+3%)	$229,940 (-) Land $147,010 Building $82,930
2024	$2,566.00 (+5.29%)	$149,750 (+3%)	$229,940 (-) Land $147,010 Building $82,930
2023	$2,437.00 (+2.74%)	$145,390 (+3%)	$229,940 (-) Land $147,010 Building $82,930
2022	$2,372.00	$141,160	$229,940 Land $147,010 Building $82,930

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Marion County (41047C), updated September 30, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.