397 40th Pl SE, Salem, OR 97317 Property Records

Marion County property record for 397 40th Pl SE, Salem, OR 97317

Property Summary

Property TypeSingle Family Home
Details3 bd · 2 ba · 1,550 sqft · built 1963
Lot Size0.189 acres (8,276 sqft)
OwnerOwner Name on File
Last Sale$103,000 (Dec 2010)
Tax Bill$2,842 (2025)
Deeds & MortgagesMay 2018 Line of Credit
Flood ZoneZone X (minimal risk)
APN072W31BA02700

Property Details

APN / Parcel Number

Primary APN072W31BA02700
Alternative APN
  • 545306

Interior

Bedrooms3 Beds
Full Baths2 Baths
Stories1 Story
Building Area1,550 sqft Living Area
1st Floor Area1,550 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1963
Effective Year BuiltEffective 1993
Roof MaterialRolled Roofing
Lot Area8,276 sqft (0.189 acres)
Garage TypeAttached
Garage Area500 sqft
DrivewayDriveway
Driveway Area400 sqft
Deck Area120 sqft
Patio Area260 sqft

Utilities, Heating & Cooling

Heating SystemHeat Pump

Location & Zoning

Account Number545306
Street Address397 40TH PL SE
CitySALEM
StateOR
Zip97317-5402
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeRS
Legal DescriptionCHILDS, LEO N SUBDIVISION, BLOCK 2, LOT FR 5, ACRES 0.18
Legal Range02W
Legal Township07
Legal Section31
Legal QuarterNW
Quarter-Quarter SectionNE
Legal SubdivisionLEO N CHILDS SUBDIVISION
Legal Block2
Legal Lot Number5
JurisdictionMARION OR
Township / Civil DivisionSALEM
Census Block Group4
Census Block4008
Census Tract1801

Owner

The current owner of 397 40th Pl SE bought it in December 2010.

Source: Marion County records, as of February 27, 2026

Owner of RecordOwner Name on File
Mailing Address397 40TH PL SE, SALEM, OR 97317-5402
OccupancyOwner Occupied

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

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 28, 2010 · Amount on File
Deed SaleDec 28, 2010 · Amount on File
Prior SaleJul 20, 2009 · Amount on File
Deed Document Number0032460153
Deed Book / Page3246 / 0153
Record UpdatedJun 8, 2026

May 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION OR
Property Address397 40TH PL SE, SALEM, OR 97317-5402
Document Number0000025412
Instrument DateMay 24, 2018
Transaction TypeMortgage
Record UpdatedJun 27, 2018
Title CompanyTICOR TITLE INSURANCE COMPANY

Transferred To (Grantee/Buyer)

NameVerified Name
Address397 40TH PL SE SALEM OR 973175402, SALEM, OR 97317-5402

Mortgage

Document Number0000025412
DateMay 29, 2018
Book Page004082/000181
Instrument25412
Lender
NameMAPS CU
TypeCredit Union
AddressSALEM, OR 97309
Agreement
TypeLine of Credit
AmountAmount on Record
Term360 Months
DueMay 28, 2048
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 397 40th Pl SE was $2,842, up 3.3% from the year before.

Source: Marion County assessment roll, as of September 30, 2025

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$2,842.00 (+3.27%)$170,940 (+2.99%)$363,100 (+4.47%) Land $137,040 Building $226,060
2024$2,752.00 (+5.4%)$165,970 (+3%)$347,560 (+3.87%) Land $123,000 Building $224,560
2023$2,611.00 (+2.88%)$161,140 (+3%)$334,620 (+3.06%) Land $123,000 Building $211,620
2022$2,538.00$156,450$324,670 Land $123,000 Building $201,670

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

Flood

FEMA maps place 397 40th Pl SE in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective September 30, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

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

Wildfire

The area around 397 40th Pl SE has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire RiskNot rated
no burnable land 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 SystemSUBURBAN EAST SALEM WD
serves 13,900 people · EPA ID OR4100768
Water SourcePurchased surface water from SALEM PUBLIC WORKS
Last State InspectionAug 2021
Lead5 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
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 495 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
CenturyLink
DSL · Fiber in parts of the area
140 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: Hunter Communications, Verizon.

Nearby Properties on 40th Pl SE

Nearby Streets

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