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421 Lancaster Dr NE, Salem, OR 97301 Property Records

Marion County property record for 421 Lancaster Dr NE, Salem, OR 97301

Property Summary

Property TypeOffice Building
Details14,208 sqft · built 1992
Lot Size0.969 acres (42,253 sqft)
OwnerCompany Name on File
Last Sale$5,700,000 (Jul 2017)
Tax Bill$28,684 (2025)
Deeds & MortgagesJan 2020 Mortgage
Flood ZoneZone X (minimal risk)
APN072W30BC01800

Property Details

APN / Parcel Number

Primary APN072W30BC01800
Alternative APN
  • 554458

Interior

Stories1 Story
Building Area14,208 sqft Living Area
1st Floor Area14,208 sqft

Exterior

Year BuiltBuilt 1992
Lot Area42,253 sqft (0.969 acres)

Location & Zoning

Account Number554458
Street Address421 LANCASTER DR NE
CitySALEM
StateOR
Zip97301-4729
Property CategoryCommercial
Property TypeCommercial > Office > Office Building
Local Zoning CodeCR
Legal DescriptionMARION GARDENS, LOT FR 1, ACRES 0.97
Legal Range02W
Legal Township07
Legal Section30
Legal QuarterNW
Quarter-Quarter SectionSW
Legal SubdivisionMARION GARDENS
Legal Lot Number1
JurisdictionMARION OR
Township / Civil DivisionSALEM
Census Block Group3
Census Block3003
Census Tract1701

Owner

421 Lancaster Dr NE, a commercial property, is owned by a company that bought it in July 2017.

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

Owner of RecordCompany Name on File
Mailing Address2262 MCGILCHRIST ST SE STE 200, 200, SALEM, OR 97302-1186
Owner TypeCompany

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 SaleJul 3, 2017 · Amount on File
Deed SaleJul 3, 2017 · Amount on File
Deed Document Number0039650188
Deed Book / Page3965 / 0188
Record UpdatedJun 8, 2026

January 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION OR
Property Address421 LANCASTER DR NE, SALEM, OR 97301-4729
Document Number0000006410
Instrument DateJan 27, 2020
Transaction TypeMortgage
Record UpdatedFeb 27, 2020
Title CompanyTICOR TITLE INSURANCE COMPANY, TICOR TITLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address421 LANCASTER DR NE SALEM OR 973014729, SALEM, OR 97301-4729

Mortgage

Document Number0000006410
DateFeb 6, 2020
Book Page004297/000028
Instrument6410
Lender
NameCOLUMBIA ST BK
TypeBank
Address301 CHURCH ST NE, SALEM, OR 97301-3724
Agreement
AmountAmount on Record
Term120 Months
DueFeb 5, 2030

Tax Assessment & Valuation

The 2025 property tax bill for 421 Lancaster Dr NE was $28,684, up 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$28,684.00 (+3.01%)$1,845,380 (+3%)$2,223,290 (-) Land $505,340 Building $1,717,950
2024$27,845.00 (+5.25%)$1,791,640 (+3%)$2,223,290 (-) Land $505,340 Building $1,717,950
2023$26,456.00 (+2.96%)$1,739,460 (+3%)$2,223,290 (+7%) Land $505,340 Building $1,717,950
2022$25,695.00$1,688,800$2,077,830 Land $505,340 Building $1,572,490

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

Flood

FEMA maps place 421 Lancaster Dr NE in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2016.

Source: FEMA National Flood Hazard Layer, effective September 30, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 10 (0% premium discount)
Nearby Flood Policies1 in force
Nearby Flood Claims1 (2016)
Claims Outside the SFHA1 of 1
Most Recent ClaimJan 2016 · other causes

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

The area around 421 Lancaster Dr NE 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 306 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable		2,000 / 250
CenturyLink
DSL		140 / 20
T-Mobile
Fixed Wireless		100 / 20

May also be available: Hunter Communications, Verizon.

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