490 Pine St NE, Salem, OR 97301 Property Records

Marion County property record for 490 Pine St NE, Salem, OR 97301

Property Summary

Property Type	Commercial Office
Details	2,400 sqft · built 1978
Lot Size	0.34 acres (14,810 sqft)
Owner	Company Name on Record
Last Sale	$2,500,000 (Nov 2021)
Tax Bill	$6,895 (2025)
Deeds & Mortgages	Nov 2021 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`073W14CB03600`

Property Details

APN / Parcel Number

Primary APN	`073W14CB03600`
Alternative APN	`526500`

Interior

Stories	1 Story
Building Area	2,400 sqft Gross Area
1st Floor Area	2,400 sqft

Exterior

Year Built	Built 1978
Effective Year Built	Effective 1978
Lot Area	14,810 sqft (0.34 acres)

Location & Zoning

Account Number	526500
Street Address	490 PINE ST NE
City	SALEM
State	OR
Zip	97301-8316
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Local Zoning Code	CR; RS
Legal Description	ACRES .34
Legal Range	03W
Legal Township	07S
Legal Section	14
Legal Block	3
Jurisdiction	MARION OR
Township / Civil Division	SALEM
Census Block Group	3
Census Block	3000
Census Tract	300

Owner

Source: Marion County records, as of May 18, 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	2877 NE GARDEN AVE, CORVALLIS, OR 97330-9226
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 1, 2021 · Amount on Record
Deed Sale	Nov 1, 2021 · Amount on Record
Deed Document Number	202163991
Deed Book / Page	4558 / 314
Record Updated	Jun 8, 2026

November 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION OR
Recording Date	Nov 1, 2021
Property Address	490 PINE ST NE, SALEM, OR 97301-8316
Document Number	0045580314
Book / Page	4558 / 314
Instrument Date	Oct 29, 2021
Transaction Type	Transfer
Record Updated	May 5, 2022
Title Company	TICOR TITLE COMPANY OC, TICOR TITLE COMPANY OF OR

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
Address	2877 NE GARDEN AVE, CORVALLIS, OR 97330-9226

Mortgage

Document Number	0004558315
Date	Nov 1, 2021
Instrument	4558/315

Lender

Name	JULIA A CUMMINGS REVOCABLE LIVING
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	121 Months
Due	Dec 1, 2031

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	$6,895.00 (+7.78%)	$335,620 (+3%)	$507,890 (+34.7%) Land $122,090 Building $385,800
2024	$6,397.00 (+3.03%)	$325,850 (+3%)	$377,050 (-) Land $122,090 Building $254,960
2023	$6,209.00 (+2.88%)	$316,360 (+3%)	$377,050 (-) Land $122,090 Building $254,960
2022	$6,035.00	$307,150	$377,050 Land $122,090 Building $254,960

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

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	1 in force

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	None beyond 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 442 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber	2,000 / 1,000
Xfinity Cable	2,000 / 250
Alyrica Fixed Wireless	400 / 50
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T, Hunter Communications.

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