302 State St, Salem, OR 97301 Property Records

Marion County property record for 302 State St, Salem, OR 97301

Property Summary

Property Type	Commercial Office
Details	51,384 sqft · built 1869
Lot Size	0.68 acres (29,621 sqft)
Owner	Company Name on Record
Last Sale	$3,300,000 (Jul 2026)
Tax Bill	$99,773 (2025)
Deeds & Mortgages	Jul 2026 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`073W27AB07700`

Property Details

APN / Parcel Number

Primary APN	`073W27AB07700`
Alternative APN	`589250`

Interior

Stories	1 Story
Building Area	51,384 sqft Gross Area
1st Floor Area	34,256 sqft
Basement Area	17,128 sqft
Finished Basement	17,128 sqft

Exterior

Year Built	Built 1869
Effective Year Built	Effective 1869
Lot Area	29,621 sqft (0.68 acres)

Location & Zoning

Account Number	589250
Street Address	302 STATE ST
City	SALEM
State	OR
Zip	97301-3532
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Local Zoning Code	CB
Legal Description	SALEM BLOCK 34 LOT FR 6, 7 & 8 ACRES .68
Legal Range	03W
Legal Township	07S
Legal Section	27
Legal Subdivision	SALEM
Legal Block	34
Legal Lot Number	6,7,8
Jurisdiction	MARION OR
Township / Civil Division	SALEM
Census Block Group	2
Census Block	2047
Census Tract	200

Historic Designation

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

Historic District	Within 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.

Owner

Source: Marion County records, as of August 4, 2026

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

Owner of Record	Company Name on Record
Mailing Address	PO BOX 2717, SALEM, OR 97308-2717
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 22, 2026 · Amount on Record
Deed Sale	Jul 22, 2026 · Amount on Record
Deed Document Number	202625115
Record Updated	Sep 20, 2026

July 2026: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MARION OR
Recording Date	Jul 22, 2026
Property Address	302 STATE ST, SALEM, OR 97301-3532
Document Number	0000025115
Instrument Date	Jul 22, 2026
Instrument	202625115
Transaction Type	Transfer
Record Updated	Aug 4, 2026
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE

Transaction

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

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership

Mortgage

Document Number	0000025116,
Date	Jul 22, 2026
Instrument	202625116

Lender

Name	PIONEER TRUST BANK

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	48 Months
Due	Jul 25, 2030

Interest

Rate	6.52%
Max Rate	-1%

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 Value	Assessed Market Value
2025	$99,773.00 (+7.78%)	$4,856,460 (+3%)	$6,544,620 (-) Land $888,300 Building $5,656,320
2024	$92,575.00 (+3.04%)	$4,715,010 (+3%)	$6,544,620 (-) Land $888,300 Building $5,656,320
2023	$89,845.00 (+2.88%)	$4,577,680 (+3%)	$6,544,620 (-) Land $888,300 Building $5,656,320
2022	$87,331.00	$4,444,350	$6,544,620 Land $888,300 Building $5,656,320

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 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

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	Indirect within 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 89 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

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

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