Marion County property record for 495 State St, Salem, OR 97301
| Property Type | Multi-Story Office Building |
|---|---|
| Details | 34,308 sqft · built 1912 |
| Lot Size | 0.38 acres (16,553 sqft) |
| Owner | 2 Company Names on Record |
| Last Sale | $4,500,000 (May 2016) |
| Tax Bill | $40,805 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | 073W27AB02700 |
| Primary APN | 073W27AB02700 |
|---|---|
| Alternative APN |
|
| Stories | 1 Story |
|---|---|
| Building Area | 34,308 sqft Living Area |
| Gross Area | 33,830 sqft |
| 1st Floor Area | 28,665 sqft |
| Year Built | Built 1912 |
|---|---|
| Lot Area | 16,553 sqft (0.38 acres) |
| Account Number | 589130 |
|---|---|
| Street Address | 495 STATE ST |
| City | SALEM |
| State | OR |
| Zip | 97301-3757 |
| Property Category | Commercial |
| Property Type | Commercial > Office > Multi-Story Office Building |
| Local Zoning Code | CB |
| Legal Description | SALEM, BLOCK 21, LOT FR 3 & 4, ACRES 0.38, E85-52 ACRES 0.38 |
| Legal Range | 03W |
| Legal Township | 07 |
| Legal Section | 27 |
| Legal Quarter | NE |
| Quarter-Quarter Section | NW |
| Legal Subdivision | SALEM |
| Legal Block | 21 |
| Legal Lot Number | 3-4 |
| Jurisdiction | MARION OR |
| Township / Civil Division | SALEM |
| Census Block Group | 2 |
| Census Block | 2045 |
| Census Tract | 200 |
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.
Source: Marion County records, as of February 27, 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | 2 Company Names on Record |
|---|---|
| Mailing Address | 9430 SW CORAL ST STE 100, 100, PORTLAND, OR 97223-6693 |
| Owner Type | Company |
| Vesting | Trust |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | May 5, 2016 · Amount on Record |
| Deed Sale | May 5, 2016 · Amount on Record |
| Prior Sale | Aug 10, 2001 · Amount on Record |
| Deed Document Number | 38140076 |
| Deed Book / Page | 1821 / 0356 |
| Prior Transfer Date | Sep 6, 2013 |
| Prior Transfer Doc | 0035410482 |
| Record Updated | Jun 8, 2026 |
Source: Marion County assessment roll, as of September 30, 2025
| Type | Name |
|---|---|
| State | Oregon |
| County | Marion County |
| Municipality | Salem City |
| Unified School District | Salem-Keizer School District 24J (KG - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $40,805.00 (+7.78%) | $1,986,190 (+3%) | $4,922,650 (-) Land $494,160 Building $4,428,490 |
| 2024 | $37,861.00 (+3.04%) | $1,928,340 (+3%) | $4,922,650 (-) Land $494,160 Building $4,428,490 |
| 2023 | $36,745.00 (+2.88%) | $1,872,180 (+3%) | $4,922,650 (+8.24%) Land $494,160 Building $4,428,490 |
| 2022 | $35,716.00 | $1,817,660 | $4,547,700 Land $494,160 Building $4,053,540 |
Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.
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.
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.
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 |
| 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.
Source: FCC Broadband Data Collection, based on 163 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 |
| AT&T Fixed Wireless | 100 / 20 |
May also be available: CenturyLink, Hunter Communications, T-Mobile, Verizon.
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